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Stories for June 7th 2020

• Sunday, June 7th 2020 - 10:16 UTC

  Brazil: producers of hydrated ethanol fuel can sell directly to gas station owners

  

  Brazil’s CNPE national energy council approved a resolution that establishes rules allowing producers of hydrated ethanol fuel to sell directly to gas station owners, according to a statement. Oil regulator ANP will now be able to take steps to put the new rules into practice, the statement said.

• Sunday, June 7th 2020 - 10:04 UTC

  Biden confirmed as Democrat presidential candidate; black woman expected to complete the ticket

  

  Former US vice president Joe Biden secured enough delegates to formally clinch the Democratic presidential nomination on Friday, setting the stage for a challenge to President Donald Trump in the November election.

• Sunday, June 7th 2020 - 09:18 UTC

  Brazilian Real rebounding strongly after months of erosion; central bank forecasted to further cut Selic rate

  

  The Brazilian Real and Mexican peso have both rebounded strongly in recent weeks, but their rallies are starting to diverge with the peso running out of steam and the Real gaining momentum.