Stories for May 7th 2022

Saturday, May 7th 2022 - 10:45 UTC
Venezuela's inflation for April 2022 stands at 4.4%

Venezuela's Central Bank Friday reported April's inflation had reached 4.4% in April, according to the National Statistics Institute (INE). The new figures were significantly higher than the National Consumer Price Index (INPC) recorded in March but still notoriously better than 24.% from April 2021.
Saturday, May 7th 2022 - 10:44 UTC
Booming beef industry and exports for Brazilian company

One of the largest beef companies in the world with operations in several continents presented its financial results for the first quarter of 2022. Brazil's Marfrig net revenue was 22.3 billion reais, up 29.6% year-on-year. Adjusted Ebitda reached 2.7 billion reais in 1Q22, up 60.9%, and the adjusted Ebitda margin was 12.3%.
Saturday, May 7th 2022 - 10:27 UTC
Bolsonaro makes trip to Guyana to expand business opportunities

Brazilian President Jair Bolsonaro and his Guyana counterpart Mohamed Irfaan Ali signed a series of cooperation agreements on mutual legal assistance in civil and criminal matters in Georgetown.
Saturday, May 7th 2022 - 10:20 UTC
Gulf Clan lashes back at Colombian society to defend their leader

Around a dozen, vehicles were burned, and businesses and schools were closed as fear gripped ordinary Colombians in various parts of the country as they came across threatening pamphlets warning of an “armed strike” by the Gulf Clan in retaliation for Otoniel's extradition.
Saturday, May 7th 2022 - 10:18 UTC
New lineage of Omicron variant circulating in Peru

Peru's Health Ministry officials reported this week the finding of a new lineage of the SARS.CoV-2 Omicron variant called BA.1.22.
Saturday, May 7th 2022 - 10:11 UTC
Biden picks African-American woman as his new spokesperson

US President Joseph Biden has picked Karine Jean-Pierre to pick up the baton as White House Spokeswoman later this month following Jen Psaki's departure.
Saturday, May 7th 2022 - 10:06 UTC
Eight cases of new hepatitis detected in Argentina, one in critical condition

Argentina's health authorities are investigating 8 cases of acute hepatitis which are suspected of belonging to the new variant of unknown origin, Health Minister Carla Vizzotti confirmed Friday.
Saturday, May 7th 2022 - 09:54 UTC
Germany fast-track building its first LNG terminal, operational by end of year

Germany has begun construction on its first LNG import terminal, and in the meantime, has rented four mobile floating tankers as it scrambles to rid itself of the need for Russian natural gas, reports Charles Kennedy from oilprice.com
Saturday, May 7th 2022 - 09:51 UTC
Hungary, Slovakia, Czech Republic exempt from joining EU embargo on Russian oil imports

The European Union is set to give some member states heavily dependent on Russian oil – such as Hungary and Slovakia – time until the end of 2024 to comply with the proposed embargo on oil imports from Russia, as the bloc is looking to keep a united front against Putin and his invasion of Ukraine, reported Bloomberg on Friday.
Saturday, May 7th 2022 - 09:22 UTC
World food commodity prices decreased slightly in April, FAO report

World food commodity prices decreased in April after a large jump the previous month, led by modest declines in the prices of vegetable oils and cereals, the Food and Agriculture Organization of the United Nations (FAO) reported.