Automobile production in Brazil rose 29.9% in February from January, while sales slipped 0.6%, the national automakers’ association said on Monday. Automakers in Brazil produced around 257,200 new cars and trucks last month, while sales totaled about 198,600 vehicles, according to industry group Anfavea.
Consumer prices in Brazil rose at a slightly faster pace than expected in February due to a rise in private education fees and food and beverage prices, statistics agency IBGE said on Tuesday. On a monthly basis, inflation rose by 0.43% in February, IBGE said, more than the expected 0.39% and up from 0.32% a month earlier.
Business groups are exasperated after the Prime Minister's EU withdrawal plan was again rejected by Parliament. They called on MPs to shut down the possibility of a no-deal Brexit and come up with a clear EU exit plan. The City UK, the finance industry body, said leaving without a deal would be an own goal of historic proportions.
The Brexit deal negotiated by the Government of Theresa May and the European Union was rejected on Tuesday for the second time in the British Parliament despite the adjustments that the Prime Minister managed to reach in the European bloc.
Theresa May says she has secured legally binding changes to her Brexit deal, a day ahead of MPs voting on it. But European Commission President Jean-Claude Juncker warned if the deal was voted down there was no third chance. They spoke at a joint press conference in Strasbourg after a late meeting.
The world’s big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country’s grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday.
A report into the impact of Brexit on banking and finance firms says some £900bn in financial firms' assets have been moved out of the UK. It adds this has cost £3bn-4bn and involves 5,000 expected staff moves or local hires, and that figure will rise.
A total of 149.72 million outbound trips were made by Chinese tourists in 2018, up 14.7% from the previous year, the Ministry of Culture and Tourism announced, Trend reported citing Xinhua.
By Ander M. de Lecea - Research scientist Drs Ander de Lecea and Marina Costa of SAERI recently completed their first surveys of the Burdwood Bank, kicking off the “Fine Scaling of the Marine Management Areas of the Falkland Islands” (MMA) project.
UK Prime Minister Theresa May has issued a plea for support as the showdown on her Brexit deal looms, warning the UK will be plunged into crisis if MPs reject the Withdrawal Agreement. In a stark message ahead of Tuesday’s Commons vote, the Prime Minister said “no-one knows” what will happen if her plan is defeated, with the possibility of Brexit being derailed completely.