Argentina's peso currency plunged further into record low territory after the central bank tightened currency controls. The peso opened almost 0.1% weaker at 75.25 per U.S. dollar, traders said, and the country risk rose 38 basis points to 1,157. The black market peso or blue dollar plummeted 9.7% to open at a new all-time low 145 per U.S. dollar.
Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, pledging to stimulate the coronavirus-hit economy with “forward guidance” rather than more rate cuts because of the risk to financial market stability that they could pose.
The Venezuelan government was accused of committing crimes against humanity in a report published on Wednesday by a United Nations-backed fact-finding mission.
A group of eight European countries urged Brazil to take “real action” to combat rising deforestation in the Amazon rainforest, which is threatening Europe’s desire to source food and other products sustainably.
Democratic presidential nominee Joe Biden leads Republican President Donald Trump nationally among likely U.S. voters by 9 percentage points, according to a Reuters/Ipsos poll that showed Trump’s “law and order” message falling short with its target audience of suburban voters.
Brazil's agribusiness exports during August 2020, reached US$ 8.91 billion, an increase of 7.8% in relation to the same month in 2019 (US$ 8.26 billion). Between August 2019 and 2020, agribusiness product exports grew by 16.5% in absolute values.
President Donald Trump’s administration took new steps to curb steel imports from Brazil and Mexico, boosting protections for battered U.S. steelmakers and jobs in the election battleground states of Pennsylvania, Ohio, and Michigan.
Penguin News reports that on Tuesday night at Government House a truly historic event took place with the appointment of the first-ever Falkland Islands Junior Ambassadors (FIJA), Hannah McPhee and India Clarke.
The Brazilian Army has received a shipment of thirty armored tanks donated by the United States. The special operation was organized by Portos do Paraná together with representatives of the 5th Regional Military Command and Marcon Logística Portuária. The vehicles came from Galveston, Texas, to be used in training, combat, and defense.
The Caribbean island of Barbados wants to remove Britain’s Queen Elizabeth as its head of state and become a republic, the government has said, reviving a plan mooted several times in the past.