Stories for November 2022

Saturday, November 5th 2022 - 10:42 UTC
Agreement between Argentina, U.S. on undeclared deposits ready to be signed

Argentina's “Superminister” of Economy, Industry, and Agriculture Sergio Massa is counting on an agreement to be signed with the United States shortly to detect undeclared bank accounts abroad which would allow holders to evade taxes.
Saturday, November 5th 2022 - 10:37 UTC
Mercosur meatpackers concerned over weaker demand from the Chinese market

Brazilian meatpackers, large and small, have seen a drop in exports during October, which have been considerably slower than during the month of September. Shipments dropped some 43,000 tons, particularly to China, which has caused certain unrest, because the Asian giant has long become Brazil's (and Mercosur) main export market.
Saturday, November 5th 2022 - 10:34 UTC
Brazilian fisheries export revenue increased 49% in nine months of 2022

Brazilian fisheries exports experienced a 49% revenue increase during the first nine months of this year, compared to the same period in 2021. However, according to the Agricultural Research Corporation (Embrapa) in the 3rd quarter, revenue actually dropped 17%.
Saturday, November 5th 2022 - 10:25 UTC
Strong lobbying to boost defense spending from Secretary Wallace and Speaker of the House

UK Defense Secretary Ben Wallace will urge Jeremy Hunt to boost defense spending during a crunch meeting with the Chancellor. Speaking to Forces News, Ben Wallace says he will “make sure that, in this difficult economic time, defense gets its fair share” at their meeting on Thursday.
Saturday, November 5th 2022 - 10:20 UTC
Despite “exceptional” profits, Maersk warns of “dark clouds in the horizon”

Maersk, one of the world’s largest container shipping firms, on Wednesday posted a record profit for the third quarter on the back of high ocean freight rates but also cautioned about a slowdown in demand.
Saturday, November 5th 2022 - 10:11 UTC
Half of Twitter workers to lose their jobs under Musk

Twitter workers found out Friday that their jobs were on the line as they were told not to go to the office and stay at home because all access cards had been suspended.
Saturday, November 5th 2022 - 10:08 UTC
“Ukraine's grain corridor” in the Black Sea sponsored by UN and Turkey resumes operations

Russia has finally agreed to resume the agreement allowing safe passage of Ukrainian crop exports, abruptly reversing course after Turkey and the United Nations pushed ahead with the shipments over Moscow’s objections.
Saturday, November 5th 2022 - 09:48 UTC
Ex BoE governor blames much of UK's economic challenges on Brexit

Former Bank of England governor, Mark Carney said that the fall in the pound and shrinking economy after the UK left the European Union, Brexit, had added to “inflationary pressure”.
Friday, November 4th 2022 - 19:58 UTC
Paraguayan President brokers EU-Mercosur deal in Madrid

Paraguay's President Mario Abdo Benítez and Spain's Prime Minister Pedro Sánchez discussed bilateral issues in Madrid, particularly the ratification of the Mercosur-European Union trade agreement.
Friday, November 4th 2022 - 19:29 UTC
Revolución Federal leades indicted in Argentina

Argentine Federal Judge Marcelo Martínez de Giorgi Thursday approved the indictment of the four leaders of the Revolución Federal (RF) rightwing activist group who were arrested on his orders last week and released by a court of appeals on Tuesday.