British Prime Minister Boris Johnson's government was left in limbo on Wednesday after MPs voted to derail his Brexit plan and rejected his call for an early election to break the political deadlock.
Brazil shipped 4.1 million tons of soybeans to China in August, down 40% year on year, according to the Secretariat of Foreign Trade of Brazil, or Secex. Though Secex didn’t provide any reason for the sharp drop, but trade sources cited rising competition from Argentina and African swine fever among the reasons for the decline.
Argentine farmers, anxious about an increasingly murky political outlook and economic turmoil, are turning toward soy over more expensive corn to cut costs, a shift that could impact next season’s harvest in one of the world’s top grain exporters.
Brazil’s Senate constitutional affairs committee on Wednesday approved by a vote of 18-7 a bill that would overhaul the social security system and save the federal government about 1 trillion reais (US$243 billion) over the next decade.
Chile’s central bank slashed the benchmark interest rate by 50 basis points to 2% on Tuesday, the lowest in 9 years, citing a sputtering economy hurt by global trade tensions.
The former first lady of Honduras Rosa Elena Bonilla, wife of ex-president Porfirio Lobo, was sentenced on Wednesday to 58 years in jail on charges of fraud and undue appropriation of funds, a spokesman for the nation's highest court said.
Mexican President Andres Manuel Lopez Obrador said the public should have the right to choose whether ex-presidents should face trial once a bill has passed Congress making it easier to hold referendums.
The area in Brazil to be planted with soybeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural.
For the Atlantic's major cruise operators, deadly Hurricane Dorian has meant nothing but trouble in paradise as ships have been diverted from the Bahamas. But as the widespread devastation becomes more apparent on the ravished archipelago, a bread-and-butter staple of the tourist industry, the companies are pledging to help fund major relief.
Britain's ruling Conservative Party is imploding this week as a result of a no-holds-barred battle over Brexit that has seen the expulsion of 21 moderate MPs, including Winston Churchill's grandson, experts said.