United States lobby groups for agriculture and pharmaceutical firms want UK standards changed to be closer to those of the US in a post-Brexit trade deal. The meat lobby wants the sale of growth hormone-fed beef, currently banned in the UK and EU, to be allowed in the UK.
Russia and China strongly criticized U.S. sanctions placed on Venezuela, with the former pledging to support the beleaguered President Nicolas Maduro. Russian Foreign Minister Sergei Lavrov said on Tuesday the sanctions completely undermined confidence in an international financial system that is dominated by the U.S., Russian news agency Interfax reported.
British lawmakers on Tuesday instructed Prime Minister Theresa May to demand that Brussels replace the Irish border arrangement known as the “backstop”, in a last-ditch attempt to renegotiate an exit treaty that the European Union says it will not change.
France on Tuesday rejected any renegotiation of the EU-UK divorce deal and urged Britain to make credible proposals after British lawmakers passed a motion instructing their government to secure changes to a key element of the deal.
Ecuador’s finance ministry said it had placed about US$1 billion in 10-year sovereign bonds in the international market. Proceeds from the 10.75% bonds will be used to strengthen the country’s reserves and help fund this year’s budget which has financing needs of about US$ 8 billion, the ministry said in a statement.
Vale SA, the world’s largest iron ore miner, on Tuesday vowed to take as much as 10% of its ore output offline in order to decommission ten more dams like the one that burst last week, killing scores of workers and nearby residents.
With an average score of 44 for three consecutive years, the Americas region continues to fail in making any serious inroads against corruption, according to the latest report from Transparency International. Compared to other regions, the Americas is similar to Asia Pacific (average score: 44), but behind Western Europe and the European Union (average score: 66).
Consulted on possible military option in Venezuela, the declared interim President of Venezuela, Juan Guaidó, told the CNN channel that all the options are on the table “to achieve the cessation of the usurpation”.
The South Korean navy has started the documentation for the transfer of a decommissioned Ulsan Class frigate to the Argentine navy. A delegation of Argentine officers and crew members will be travelling to the South Korean base at Jinhae in the near future, according to Seoul's military attaché in Buenos Aires Lieutenant Colonel Ho Lim.
After forty years in the service of the Falkland Islands, Sukey Cameron, the Falklands Representative in London is to retire in October. The Penguin News chatted with Ms Cameron about her long and distinguished career.