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Stories for May 19th 2020

• Tuesday, May 19th 2020 - 08:03 UTC

  France and Germany confirm alliance and propose 500 bn Euro recovery fund for Europe

  

  France and Germany proposed on Monday a 500-billion-euro (US$545-billion) fund to finance the recovery of the European Union's economy from the devastation wrought by the coronavirus crisis.

• Tuesday, May 19th 2020 - 08:02 UTC

  China slaps 80% tariff on Australian barley alleging subsidies and dumping

  

  Australia is “disappointed” China has imposed massive tariffs on its barley and will consider taking the dispute to the World Trade Organization, the country's agriculture minister said on Tuesday.

• Tuesday, May 19th 2020 - 07:58 UTC

  Brazilian agribusiness exports to China booming

  

  In the first four months of this year, Brazilian agribusiness exports totaled US$31.40 billion, marking a 5.9% increase year-on-year. The growth of agribusiness exports resulted in an increase in volumes 11.1%, while the index price suffered a drop of 4.7%.