Brazil's Development Bank, BNDES, with a larger annual turnover than the World Bank is propping the country's manufacturing exports with new incentives tailored to support companies engaged in global trade. Under the new conditions the bank is implementing a substantial reduction of up to 60% in the spread of operations within the BNDES Exim Pre-shipment line.
A large-scale operation involving law enforcement and judicial authorities from Belgium, France and Germany and coordinated by Europol and Eurojust, has led to the dismantling of one of the most active networks involved in the smuggling of migrants across the English Channel in small boats.
The Cayman Islands has been elected to assume the Presidency of the United Kingdom Overseas Territories Association (UKOTA) following its annual general meeting held earlier this week. Cayman will take over from the Falkland Islands
Six months after Isle of Wight aircraft manufacturer, Britten-Norman launched a plan to quadruple its output, the historic firm's future hangs in the balance. The maker of the affectingly known 'Land Rover of the skies' is considering bringing in administrators, according to reports.
The farmers conflict in the European Union can only be expected to escalate following the approval this week by the EU parliament of the Nature Restoring Law which targets farm land and the agricultural sector asked lawmakers to reject the bill.
A Federal Judge in Rawson ruled Tuesday that the national government of Argentine President Javier Milei should have not withheld the so-called co-participation funds owed to the province of Chubut. Nevertheless, Buenos Aires will reportedly take the case to the federal Supreme Court. Hence, the matter is far from settled.
Argentina's Security Patricia Bullrich strongly cautioned all provincial governors who announced measures in reprisal for the federal government's decision to cut funding to provincial administrations already in debt with the national coffers. “All the resources of the State will go against those who want to rebel,” Bullrich stressed.
Peruvian authorities declared a state of health emergency in 20 of the country's 25 regions due to an outbreak of dengue fever. ”Tomorrow 20 regions of the country will be declared in sanitary emergency for a period of 90 days due to (the cases of) dengue,” Prime Minister Alberto Otárola announced. The state of health emergency allows the authorities to grant a larger budget to combat the disease, among other measures.
A large-scale deployment by the Police in various Rio de Janeiro favelas (slums) has left at least seven people dead after gunfights between law enforcement officers and suspected criminals, it was reported. Two servicemen were wounded.
Uruguay's Labor Minister Pablo Mieres announced Tuesday that his agency would increase surprise inspections, it was reported in Montevideo. The measure was announced after the discovery of a human trafficking network in the mining sector of the department (province) of Artigas bordering both Argentina and Brazil.