Stories for October 2020

Thursday, October 29th 2020 - 09:20 UTC
Major US funds involved in Amazon degradation and indigenous rights violations, claim environmental groups

Major US financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published on Tuesday.
Thursday, October 29th 2020 - 09:10 UTC
Brazilian government borrowing jumped to second highest record in September

Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.
Thursday, October 29th 2020 - 08:39 UTC
Brazil has a super port in the southern state of Rio Grande do Sul

After two years of dredging works using a federal investment of R$ 500 million, (some 80 million dollars) the Port of Rio Grande – the main port in the southernmost Brazilian state of Rio Grande do Sul – will be able to receive vessels of up to 366 meters in length. This is because the port’s new draft, (15 meters) was officially approved on October 26th.
Thursday, October 29th 2020 - 08:28 UTC
Petrobras cutting losses as Brazilian economy and fuel demand are increasing

Brazil's state-run oil giant Petrobras announced on Wednesday it reduced its losses in the third quarter of the year, the company's third negative result in a row due to the global economic meltdown caused by the coronavirus pandemic.
Thursday, October 29th 2020 - 08:22 UTC
US and India will share sensitive satellite data; Pompeo knitting a safety ring round China

The United States and India signed a pact to share sensitive satellite and map data as U.S. Secretary of State Mike Pompeo warned of the threat posed by an increasingly assertive China.
Thursday, October 29th 2020 - 08:19 UTC
Philadelphia under after dark curfew following the killing of a black man by police triggered looting and arson

Philadelphia officials imposed a citywide after-dark curfew on Wednesday, seeking to avert a third night of violence amid protests over the fatal police shooting of a black man wielding a knife and described by family as undergoing a nervous breakdown.
Thursday, October 29th 2020 - 00:09 UTC
Chile and Spain celebrating the 500ths anniversary of the Magellan Strait discovery in Punta Arenas

Chile and Spain are celebrating the 500th-anniversary discovery of the Magellan Strait, on November first 1520, by the round of the world expedition of Fernando Magellan and his second in command Sebastián Elcano, who had left Spain on September 1519, with five ships and some 247 crew, and only returned three years later with one vessel and 18 men.
Wednesday, October 28th 2020 - 23:53 UTC
“Why all the fuss about Malvinas and not a word on Formosa which Argentina should return to Paraguay?”

“Why all the fuss about the Malvinas, all the indoctrination which starts at school claiming the Islands, and not a word about the province of Formosa which should be returned to Paraguay and we took as spoils of the Triple War in 1870?”, asks Argentine writer Federico Jeanmaire, a well-known author of several best sellers.
Wednesday, October 28th 2020 - 09:30 UTC
Dollar strapped Argentina does not discard further financial support from IMF

The Argentine representative before the International Monetary Fund, IMF, Sergio Chodos, admitted that it could be necessary for further financing from the IMF, with which Argentina is in the process of renegotiating conditions for the return of the US$ 44 billion loaned to the previous government of ex-president Mauricio Macri.
Wednesday, October 28th 2020 - 09:25 UTC
Brazil third largest supplier of crude oil to China during September; Russia leads

Data from the Chinese Customs Administration indicates that in September, Brazil advanced to the position of third-largest supplier of crude oil to the Asian country, as independent Chinese refiners obtain cheap and a relatively high-quality supply from the South American exporter.