Stories for September 2021

Thursday, September 23rd 2021 - 15:34 UTC
US Court backs DOC change of mind regarding Argentine biodiesel trade

The United States Court of International Trade Wednesday upheld tariffs or Argentine biodiesel which ensued a redefinition by the Department of Commerce which had at first stood against them.
Thursday, September 23rd 2021 - 13:51 UTC
Angela Merkel is leaving and the world loves her

German Chancellor Angela Merkel who will be stepping down following next Sunday's parliamentary election enjoys a strong reputation outside Germany and is more trusted than the main leaders of the world, according to the latest opinion polls' report published by Pew Research Center.
Thursday, September 23rd 2021 - 09:52 UTC
Argentina makes payment to IMF and strives to stay afloat

While Argentine President Alberto Fernández described his country's situation facing the International Monetary Fund (IMF) as “decide” before the United Nations, a US 1,885 million dollar capital payment was made Wednesday to the global organization.
Thursday, September 23rd 2021 - 09:35 UTC
Uruguayan President Lacalle focuses on human rights and COVID-19 vaccination before the UN

Uruguayan President Luis Lacalle Pou Wednesday told the United Nations' 76th General Assembly that the COVID-19 pandemic has “finally shown and revealed strengths and weaknesses” in the world.
Thursday, September 23rd 2021 - 09:34 UTC
Argentina and Brazil to expand development of mRNA COVID-19 vaccines

While the World Health Organization (WHO) has suspended the approval process of the Russian-developed Sputnik V COVID-19 vaccine, the Pan American Health Organization (PAHO) has chosen Argentina and Brazil to further manufacture mRNA immunizers.
Thursday, September 23rd 2021 - 09:29 UTC
Argentine President insists on his country's rights regarding Malvinas issue before the UN

Argentine President Alberto Fernández spoke before the United Nations' 76th General Assembly Fernández about his country's “legitimate and imprescriptible sovereignty rights, over the Malvinas Islands, South Georgia, South Sandwich Islands and the surrounding maritime spaces that make up part of the Argentine national territory.”
Thursday, September 23rd 2021 - 09:29 UTC
Relief in world markets, China's mega Evergrande will pay some of its debts

China's largest real estate group, Evergrande and on the brink of bankruptcy announced on Wednesday an agreement with a creditor to avoid the nonpayment of a bond that matured this Thursday. In a release to the Shenzhen stock exchange, its affiliate announced it had reached a plan to pay the bond's interests, (not capital) and of which markets feared the worst.
Thursday, September 23rd 2021 - 09:25 UTC
IMF's report on Brazil: performance better than expected; GDP projected to expand 5,3% this year

On September 10, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Brazil. Economic performance has been better than expected, in part due to the authorities’ forceful policy response. GDP regained its pre-pandemic level in 2021Q1 and momentum continues to be favourable, supported by booming terms of trade and robust private sector credit growth.
Thursday, September 23rd 2021 - 09:05 UTC
Falklands government defines Illex fishing and transhipment licences in 2022

At the final Executive Council meeting of the Legislative Assembly, elected members considered and approved recommendations concerning Illex fishing and transhipment licenses for 2022.
Thursday, September 23rd 2021 - 09:01 UTC
Brazil increases Selic interest rate to 6,25%, the highest in two years

As expected the Brazilian central bank on Wednesday increased a whole percentage point of its basic Selic interest rate to 6,25%, the fifth in a row and the highest in two years. The Monetary Policy Committee, Copon unanimously voted for the increase in an attempt to contain inflation.