Stories for February 2020

Monday, February 24th 2020 - 06:06 UTC
The cruise industry is resilient, but it has cancelled trips and rerouted trips

Coronavirus concerns have pushed the US$ 45 billion cruise line industry to cancel trips and reroute ships as it struggles to contain the impact from fearful travellers. But experts say the industry will bounce back after the outbreak is contained.
Sunday, February 23rd 2020 - 05:29 UTC
Argentina manages a US$ 1.02bn trade surplus in January

Argentina's economic activity expanded in December as retail sales and manufacturing advanced, while the country posted a trade surplus in January that almost tripled the surplus the same month a year earlier.
Saturday, February 22nd 2020 - 11:19 UTC
Guaidó calls for a new round of massive protests against the Maduro regime

Venezuela's opposition leader Juan Guaido on Friday called a demonstration in a bid to reignite the protest movement he hopes will force President Nicolas Maduro from office.
Saturday, February 22nd 2020 - 10:15 UTC
Could China end going to the rescue of crisis-prone Argentina?

Argentina is thought to be on the brink of falling into its ninth sovereign default, prompting some analysts to speculate whether the crisis-prone South American country might be tempted to accept funding from China.
Saturday, February 22nd 2020 - 10:08 UTC
Argentina economy shrinks two years running, 2.1% in 2019 after 2.5% in 2018

Recession-hit Argentina's economy shrank by 2.1% in 2019, the state statistics institute said on Friday. The institute said the economy contracted by 0.3% in December compared to the same period in 2018.
Saturday, February 22nd 2020 - 10:02 UTC
Bolsonaro wants electric carmaker Telsa to open a factory in Brazil

President Jair Bolsonaro said on Friday he would try to convince electric carmaker Tesla to open a factory in Brazil when he heads to the United States next month. Bolsonaro, who will visit Miami and Dallas on March 9 and 10, said on Twitter that “our extensive agenda will include the possibility of bringing Tesla to Brazil.”
Saturday, February 22nd 2020 - 09:49 UTC
Peruvians demonstrate in support of bull and cock fighting

Around 10,000 people demonstrated in support of bull and cock fighting in Lima on Friday ahead of a Supreme Court decision on their future.
Saturday, February 22nd 2020 - 09:35 UTC
US open market to Brazilian raw beef; breeders lobby protests and promise “an eagle eye” to ensure sanitary quality

The United States government has decided to once again allow raw beef products to be imported into the US from Brazil, a move that has angered some cattlemen and food safety groups who are voicing concerns about the quality of the meat.
Saturday, February 22nd 2020 - 09:24 UTC
Intense rains in Brazil limiting soybean harvest and delaying exports

Intense rains in parts of Brazil have limited the advance of the soybean harvest over the past few days while also delaying exports of the oilseed, agribusiness consultancy Arc Mercosul said on Friday.
Saturday, February 22nd 2020 - 09:17 UTC
“El Menchito”, son of a powerful Mexican drug lord extradited to the US

The son of a powerful Mexican drug lord was this week extradited to the United States, where he is wanted for trafficking, a government source revealed. Ruben Oseguera Gonzalez, known as “El Menchito,” “was extradited this day on the charge of conspiracy to smuggle drugs” into US territory, said the source, speaking on condition of anonymity.