British multinational oil and gas company BP said the relentless growth of oil demand is over, becoming the first super-major to call the end of an era many thought would last another decade or more. Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in a report on Monday.2 comments
Brazilian officials say there is no room for fear when it comes to the country’s capacity to keep up with Chinese demand for iron ore. Iron ore prices hit six-and-a-half year highs last week as the Chinese construction and manufacturing sector experiences levels of activity last seen almost a decade ago.Add your comment!
Black beans are up nearly 30%, beef about 40% – Brazilians are facing a skyrocketing rise in food prices, caused by record exports to China and strong domestic demand. This rebound, amid the economic and social crisis caused by the new coronavirus pandemic, has led the president, Jair Bolsonaro, to ask the owners of supermarkets to show patriotism and keep their profit margin as low as possible.Add your comment!
Japan suspended imports of pork and live pigs from Germany after a case of African swine fever (ASF) was confirmed in a wild boar in eastern Germany, the agriculture ministry said.Add your comment!
Former prime ministers Tony Blair and John Major on Sunday said Britain must drop a shocking plan to pass legislation that breaks its divorce treaty with the European Union, in a breach of international law.26 comments
Oman welcomes Bahrain's decision to normalize relations with Israel and hopes it will contribute to Israeli-Palestinian peace, Oman state media said on Sunday.Add your comment!
New Zealand will lift coronavirus restrictions across the country on Sep 21, except in its biggest city Auckland which is the epicenter of the second wave of infections, Prime Minister Jacinda Ardern said on Monday.Add your comment!
The display of a stand promoting the disputed “Islas Malvinas” as a British dependency, at the UK pavilion in a Uruguayan agriculture and productions show, was rejected by the Argentine government.
A U.S. bankruptcy judge rejected a US$ 2.4 billion financing plan for struggling LATAM Airlines on the grounds that a convertible loan included as part of the package would amount to “improper” treatment of other shareholders.
Luiz Fux assumed as chief justice of Brazil’s Supreme Court this week as the institution nears crucial rulings involving President Jair Bolsonaro’s supporters and his eldest son. A top court justice since 2011, Fux is known for his tough stance against crime and his support of Operation Carwash, an investigation that has ensnared dozens of powerful businessmen and politicians over the past six years.