US Secretary of State Mike Pompeo on Friday defended sanctions on Venezuela and said the United States would not “quit the fight” in the socialist-run Latin American nation which is spiraling into deepening economic and political crisis.
In Uruguay, non-genetically modified soy (GMO) soy is being developed in order to compete in a market saturated by the volume of crops in the region. Nevertheless, the country’s government hopes Uruguayan soy will stand out for its quality rather than for the volume of harvests motivating soy producers to use “biological controls” to combat pests.
The United States and China have largely agreed on a mechanism to police any trade agreement they reach, including establishing new enforcement offices, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
China on Tuesday said it would push further to open its economy and deepen ties with the EU, which has grown increasingly wary of Beijing's influence in Europe. EU Council president Donald Tusk hailed Beijing's new commitments at an EU-China summit in Brussels as a breakthrough with both sides committed to globalization and pursuing international rules.
China wants to work with the European Union on issues from climate change to trade, Premier Li Keqiang wrote in a German newspaper before a summit this week aimed at cementing ties.
President Donald Trump on Friday said talks with Beijing were making progress toward ending the trade war between the world's two top economies, but he again stopped short of predicting success.
International pressure is growing for the Russian government to release nearly 100 juvenile whales which have been kept in small pens in the far east for seven months. French marine scientist Jean-Michel Cousteau and other experts are meeting government officials in Moscow. They plan to visit the so-called whale jail near Nakhodka on Saturday.
Soybean growers in Argentina are playing a waiting game, wagering on better prices ahead as the U.S. and China inch toward a trade deal and as nation’s currency keeps depreciating. Farmers on the Pampas arable belt have signed delayed-price contracts for almost three quarters of the 12.2 million metric tons they’ve sold to crushers and exporters so far, according to government data. That compares with 60% at the same stage last year.
Brazil is in a position to step up pork exports to China where an African swine fever outbreak has become a “transformational event” for the global meat industry, Pedro Parente, chief executive of Brazilian food processor BRF SA, said on Wednesday.
Chinese telecoms giant Huawei said revenues topped US$ 100bn in 2018 despite a US-led campaign against the business on fears it poses a security threat. The firm said revenue for 2018 hit 721.2bn yuan (US$ 107bn), while net profit jumped 25% to 59.3bn yuan.