
Argentine soy yields and harvesting area have been chopped by drought to their lowest levels since the 2008/09 season, analysts said on Thursday, citing the effect of a four-month dry spell that suddenly gave way to floods in April.

President Martin Vizcarra said that the Peruvian government will enforce a “zero tolerance” policy against corruption amid a spreading bribery scandal that has involved at least three former presidents.

British defense giant BAE Systems has won a multi-million pound contract from the Australian government to build nine new warships, marking a significant victory for British military exports. BAE beat Italian and Spanish rivals to win a large slice of the £20bn spending program.

Violence hit a record peak in Mexico last year with over 30,000 murders — and it is not slowing down. More than 100 politicians alone have been killed in the lead-up to the country’s election this Sunday.

Influential EU states such as Germany, France and Spain will block any attempt by the UK to remain within the single market for goods without freedom of movement, the Spanish Foreign Minister has said. Josep Borrell said that some smaller EU states might privately be willing to negotiate reform of the bloc’s free movement rules in order to keep easy access to UK products.

China has ended a two-decades-long ban on exports of beef from the UK, first introduced after the outbreak of BSE - or “mad cow disease” - in the 1990s. The government said the development will be worth £250m to British producers over the next five years.

Theresa May has been warned that time is running out to secure a Brexit deal as she prepares to face the other 27 EU leaders at a summit in Brussels. The PM will brief all her counterparts for the last time before October, when both sides hope a deal will be done on the UK's March 2019 departure.

Argentina’s benchmark MerVal stock index closed down 8.8% on Wednesday, its worst daily performance since early 2014, as concerns about trade tensions between the United States and China prompted a selloff across emerging market assets.

The future of the European Union (EU) rests on the bloc’s ability to find a diplomatic answer to the migration crisis, German Chancellor Angela Merkel said on Thursday. EU leaders are meeting in Brussels, Belgium on Thursday and Friday to try to wrangle a solution on migration, with the issue leaving Merkel’s own political fate hanging precariously in the balance.

President Donald Trump will likely get to appoint a second judge to the Supreme Court, and his administration has already published a list of potential candidates for the bench. Trump told reporters Wednesday that his administration will begin our search for a new justice of the United States Supreme Court that will begin immediately.