Brazil’s President Jair Bolsonaro attributed Ford Motor Co.’s decision to close its three plants in Brazil to the end of multibillion-dollar subsidies from the government.
After greeting his cabinet, Venezuelan President Nicolas Maduro said on Tuesday “we are back” to the legislative body that he did not attend in 4 years, a period in which the opposition-controlled the National Assembly. In a special session of a parliament now controlled by chavismo, Maduro offered his first annual message in four years. Among the figures he gave during his speech, the poverty indicators managed by the State standout: 4% of extreme poverty and 17% of “general” poverty.
Premier Oil announced on Tuesday that shareholders voted in favor of a reverse takeover of private equity-backed Chrysaor to create the British North Sea’s biggest oil and gas producer in which Premier shareholders will hold about 5.5%.
Trials in Brazil show the Chinese COVID-19 vaccine Sinovac to be 50.38% effective, nearly 30 percentage points below the initial results released last week. The Instituto Butantan, the São Paulo-based research institute responsible for developing the vaccine and conducting trials in the country, announced last week the vaccine had a 78% overall efficacy, with total protection against severe cases.
All air travelers arriving in the United States will need to present a negative coronavirus test, according to the latest announcement. Under the rules taking effect Jan. 26, travelers including U.S. citizens must show a negative test within three days of departure or documentation of recovery from COVID-19, under an order signed by U.S. Centers for Disease Control and Prevention (CDC) Director Robert Redfield.
The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady.
Inflation in Brazil ended 2020 at 4,5% the stats agency IBGE revealed on Tuesday, above the central bank's target, with food prices rising, 14,1%, the most in two decades.
The senior officers of the United States Joint Chiefs of Staff condemned the deadly riot at the Capitol last week, saying it was a “direct assault” on the constitutional process and illegal, according to a memo sent to the entire military.
The economy of Peru, the world’s second largest copper producer, is expected to grow an annual average of 5.1% between 2021 and 2026, the economy ministry said on Tuesday
Ireland is set to receive 1.05 billion Euros (US$ 1.28 billion) this year from a European Union fund for countries worst affected by Britain's exit from the European Union, Irish Foreign Minister Simon Coveney said on Tuesday.