Argentine federal judge Luis Rodriguez ratified on Tuesday the green light for Latam's flight, beginning this Wednesday, linking Sao Paulo in Brazil and Cordoba with the Falkland/Malvinas Islands, after throwing out a request to suspend the link.
Brazil’s Real is sliding toward an all-time low against the U.S. dollar, but the central bank appears in no rush to intervene to slow or even reverse the fall. Despite the Real’s historical weakness, the market is functioning smoothly: depreciation, so far, has been fairly orderly, volatility is low, liquidity has not dried up, and the Real is not the only emerging market currency under pressure.
French minister for Europe and Foreign Affairs, Jean-Yves Le Drian, met on Tuesday in Paris with the Brazilian governors of the nine states of the consortium for sustainable development in the northeast of the country.
Argentina has requested “most discretion” for the coming Wednesday air link and first flight between Sao Paulo and the Falkland Islands, suggesting no officials be present at the departure. The news was revealed by one of Brazil's main dailies and allegedly the request arrived through informal diplomatic channels from the Argentine foreign ministry.
Deforestation in Brazil’s Amazon rainforest rose to its highest in over a decade this year, government data on Monday showed, confirming a sharp increase under the leadership of right-wing President Jair Bolsonaro.
Countries including Australia have asked for trade compensation from the UK and the EU over Brexit disruption. Fifteen countries, including the US, India and New Zealand, have been setting out Brexit concerns at a World Trade Organization (WTO) meeting in Geneva.
The head of Argentina's Civil Aviation Administration, ANAC, said the office will “collaborate with Justice in all necessary aspects referred to the coming weekly flight between Malvinas Islands and Brazil, with a stopover at Cordoba, once a month”.
Brazil will not get involved in a trade war, President Jair Bolsonaro said on Thursday, after US-foes China and Russia criticized growing protectionism as the global economy slows. Bolsonaro, who has been walking a diplomatic tightrope at the BRICS summit in Brazil this week as he seeks to strengthen ties with China without upsetting key ally Donald Trump, said Brazil “trades with the entire world.”
Germany's parliament, the Bundestag, on Thursday ignored pleas from the Green party to scrap a nuclear agreement with Brazil. “Our cooperation in this area has worked well for decades,” Parliamentary State Secretary for the Environment Rita Schwarzelühr-Sutter of the center-left Social Democratic Party (SPD) said. “There are currently no plans to cancel the agreement.”
Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome “significant challenges” facing multilateralism, in a swipe at US tariffs and unilateral action.