Stories for August 29th 2023

Tuesday, August 29th 2023 - 10:30 UTC
Uruguayan businessmen concerned over shopping trips to Argentina

Uruguayan businessmen have expressed their concern after over 100,000 residents crossed the border over to Argentina during the three-day Aug. 25 Independence Day long weekend to capitalize on a favorable exchange rate, it was reported on both shores.
Tuesday, August 29th 2023 - 10:02 UTC
Brazil: Temporary tax on the super-rich enacted

Brazilian President Luiz Inácio Lula da Silva Monday enacted a provisional measure (MP) providing for the collection of taxes of between 15% and 20% on exclusive funds with a single shareholder, Agência Brasil reported.
Tuesday, August 29th 2023 - 09:59 UTC
Marfrig and Minerva agree to major moves in the global meat markets

Marfrig and Minerva the two protein production and processing giants, from Brazil, and which dominate a significant share to the global market have agreed to concentrate in different spheres of the market, in a deal that has shaken the whole industry.
Tuesday, August 29th 2023 - 09:41 UTC
New financing deal reached for trade between Argentina and Brazil

Argentina's Economy Minister and presidential candidate Sergio Massa Monday announced after a meeting with his Brazilian colleague Fernando Haddad and with President Luiz Inácio Lula da Silva that an agreement had been reached to finance imports worth US$ 600 million, among other achievements.
Tuesday, August 29th 2023 - 09:20 UTC
“Technical issue” in UK's air control system slows traffic and partly spreads to Europe

UK's air traffic control service on Monday said that because of a “technical issue” it had been forced to slow takeoffs and landings across the UK. However, the National Air Traffic Service (NATS) also said that Britain's airspace was not closed, despite the disruptions.
Tuesday, August 29th 2023 - 09:17 UTC
Paraguayan banana exporters concerned over Argentina not paying for shipments

Paraguayan banana exporters met Monday in Asunción with Foreign Minister Rubén Ramírez Lezcano to seek help from the government in order to collect the debt from Argentine buyers who are behind in their payments of some US$ 6 million, it was reported. The producers fear the problem might get worse if no action is taken.
Tuesday, August 29th 2023 - 09:00 UTC
Three more sea lions confirmed to have died of bird flu

Argentina's National Agrifood Health and Quality Service (Senasa) Monday confirmed three more cases of avian influenza had been detected in sea lions along the country's Atlantic Ocean coast.
Tuesday, August 29th 2023 - 08:38 UTC
Chile: Sentences against Víctor Jara's murderers upheld

Chile's Supreme Court Monday sentenced seven retired military officers involved in the Sept. 12, 1973, kidnapping and murder of singer-songwriter Víctor Jara to 25 years in jail, it was reported in Santiago. Those convicted are between 73 and 85 years old and are all at liberty.
Tuesday, August 29th 2023 - 06:55 UTC
Panama Canal restrictions expected to last for at least ten months; large containers to reroute to Suez Canal

Global shipping has been urged to share transit plans at one of the world’s key maritime crossings following on Panama Canal Authority officials warning that water-conserving restrictions will be in place for at least the next 10 months, given this year's unprecedented drought which Panama is experiencing.
Tuesday, August 29th 2023 - 06:45 UTC
Drastic French wine industry reduction: millions of Euros to destroy wine and pull up hectares of vines

France is preparing to destroy some 80 million gallons of wine to help its farmers in wine-producing areas to cope with a sharp fall in prices, as consumption decreases and overproduction has further complicated the situation. For this purpose the European Union has granted an initial 160 million Euros, topped to 200 million Euros by the French government, Agriculture Minister Marc Fesneau told reporters at a press conference.