
Brazilian vehicle exports to Argentina are expected to plunge this year, and the industry could face threats from rising imports following a free trade agreement between the European Union and Mercosur, a major industry body said.

By Gwynne Dyer - Oscar Wilde described fox-hunting as “the unspeakable in pursuit of the inedible.” Brexit may be similarly defined as the unhinged in pursuit of the infeasible.

Italian former journalist David-Maria Sassoli has been selected as the new president of the European Parliament. Mr. Sassoli, 63, received the support of 345 out of a total of 667 MEPs in the second round of voting in Strasbourg.

Gibraltar's Chief Minister Fabian Picardo, announced the detention of a supertanker allegedly in violation of EU sanctions against Syria. The statement follows:

Brazil's Foreign Trade Secretary Marcos Troyjo says that Jair Bolsonaro's government was decisive in pulling off the free trade agreement between Mercosur and the European Union.

Ursula von der Leyen's name is unlikely to have cropped up in early conversations as European leaders wrangled over the best candidate to replace Commission President Jean-Claude Juncker. But after proposed compromise deals collapsed, Germany's defiance minister and close ally of Angela Merkel has emerged from the shadows as their nominee for the top job.

The nomination of Christine Lagarde as European Central Bank president on Tuesday has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.

European Union leaders have agreed on Tuesday on who should fill the top jobs for its main institutions for the next five years after a marathon summit marred by disagreement.

The divided European Union's 28 national leaders were to spend a third consecutive day on Tuesday arm-wrestling over who should hold the bloc's most prominent jobs until nearly 2025.

Brazilian President Jair Bolsonaro said on Sunday that it could take up to three years for the free-trade deal agreed by the European Union and Mercosur to come into force, as it depends on approvals by lawmakers of all countries involved.