Rapidan Energy Group predicts sweeping changes for the energy sector if former Vice President Joe Biden beats US President Donald Trump in November. Biden's policies would have global implications for energy trade, altering US/China relations, the pace of Iran's oil recovery, trans-Atlantic climate action and other factors.
Brazil's National Petroleum Agency, ANP, temporarily reduced the volume of biodiesel blended with diesel sold at the pump to 10% from 12% for the next five days in an emergency move, the country's lead regulator for the oil and natural gas industry said Tuesday.
The Trump administration announced it plans to nominate the top White House official for Latin America to lead the Inter-American Development Bank, aiming to break a six-decade tradition of choosing the bank's leadership from candidates in that region.
Brazilian federal police have raided supporters of Brazilian President Jair Bolsonaro accused by prosecutors of funding anti-democratic activities. The raids follow the arrest of an affiliated far-right activist.
China and India have accused each other of provoking fighting in which at least 20 Indian soldiers were killed in a disputed Himalayan area. The Indian army said that both sides suffered casualties, but there has been no word on numbers from China yet.
Investment flows to Latin America are expected to halve in 2020 from the US$ 164 billion received last year, according to UNCTAD's World Investment Report 2020.
Chile’s government reached a deal with opposition lawmakers for a US$ 12 billion stimulus package over the weekend as infections hit a record and the health minister quit.
Peru´s economic activity sank 40.49% year-on-year in April, its worst-ever percentage drop in output, as a national lockdown to combat the coronavirus slammed the brakes on industry across the country, the government said.
Argentina has extended confidentiality agreements with creditors by one day to allow further negotiations as the two sides seek a last-ditch agreement to restructure around US$ 65 billion in debt.
Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company’s election transparency measures.