Uruguay's exports grew 31% in January of 2022 when compared to the same month last year, it was announced Tuesday in Montevideo. Beef topped the list of products sold abroad, reaching US$ 207 million.
Argentina's National Committee of Atomic Energy (CNEA) and the Chinese National Nuclear Corporation (CNNC) Tuesday signed a contract for the construction of the Atucha III Nuclear Power Plant, it was announced.
Argentina's Joint Maritime Command (JMC) has denounced the presence of some 431 foreign boats near the country's South Atlantic territorial waters limit, it was reported. Around 80% of the vessels were said to be of Chinese origin.
By Felicity Bradstock for Oilprice.com – Venezuela appears to be following in Iran’s footsteps by starting to ignore U.S. sanctions on its oil industry to once again develop its substantial crude reserves. After years of stalling and losing out on international investment as well as vital revenues, Venezuela looks to be set to increase its oil production, fostering relationships with key export markets that are willing to risk U.S. retaliation to the move.
Argentine President Alberto Fernández's upcoming tour has found a way to add some mileage after a stop in Barbados has been arranged to meet with Prime Minister Mia Mottley, it was announced Tuesday. Fernández's trip starts on Feb. with a visit to visit China and also to Russia.
The Chinese economy expanded 8,1% in 2021, following the 2,2% of 2020, as steadily growing industrial production and exceptional trade performance offset a drop in retail sales. Still, that figure fell short of economists' expectations for an 8.4% growth and year on year growth rate fell to 4,9% in the third quarter and 4% in the fourth quarter.
Next January 27, the president-elect of Honduras in Central America, a country known to live off the drugs trade and international aid will be taking office. Xiomara Castro, the first woman president of the country, and an icon of the left-wing progressive parties of Latin America promised during her campaign that her administration would cut diplomatic ties with Taiwan and establish full relations with Beijing, as recently happened in neighboring Nicaragua.
Several Asian countries have suspended the import of Canadian beef, following a case of mad cow disease. China, South Korea, and the Philippines have temporarily halted imports of Canadian beef where an “atypical” case of bovine spongiform encephalopathy (BSE), commonly known as mad cow disease, was reported.
The MI5, Britain's domestic intelligence service, has warned MPs that a Chinese agent by the name of Christine Ching Kui Lee has infiltrated Westminster to interfere in UK politics. Beijing has denied the accusations.
China has announced it will cut subsidies for green energy vehicles such as electric cars by 30%, beginning January this year. A release from the Ministry of Finance said that the subsidies policy, NEV 2022 will be definitively closed by 31 December 2022.