Renewable Energy News!

Thu, 13 Aug 2020 07:50:00 UTC

Argentina and Mexico will produce and distribute the Covid-19 Oxford University vaccine in Latin America

“We hope as soon as possible to start the production process” president Fernández said, minutes later joined by his Mexican peert, Andrés Manuel López Obrador President Alberto Fernández, announced on Wednesday that Argentina together with Mexico, will produce for Latin America the coronavirus vaccine developed by the AstraZeneca laboratory in collaboration with the British University of Oxford.

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Thu, 13 Aug 2020 07:36:00 UTC

Brazilian Executive and Legislative reaffirm economic reforms' commitment

In a joint statement Bolsonaro, Lower House Speaker Rodrigo Maia and Senate President Davi Alcolumbre pledged to uphold Guedes’ fiscal plans A series of high-profile resignations from Brazil’s economic team have left Economy Minister Paulo Guedes shaken but committed to keep pushing for reforms in the government. The losses are also the most visible sign yet that Guedes’ ambitious economic agenda is suffering a downgrade in size and scope, although his austerity drive received a crucial backing from President Jair Bolsonaro and congressional leaders.

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Thu, 13 Aug 2020 07:30:00 UTC

Goldman Sachs forecasts “record breaking contractions” in several of the region's economies

The IMF said the region as a whole could shrink by 9,4% in 2020, four percentage points lower than its April projection. As Latin America continues to battle the coronavirus outbreak, some economies in the region could see a “record-breaking contraction” not seen since World War II, according to investment bank Goldman Sachs.

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Thu, 13 Aug 2020 06:57:00 UTC

Brazil expects a record wheat crop, and considerable reduction of imports

Conab estimates that production should reach 6.8 million tons, 21.2% more than in the previous harvest. Brazil's National Supply Company (Conab) said the current wheat crop (2019/20) has the potential to be a record. As a result, Brazilian cereal imports should fall. The agency believes that production should reach 6.8 million tons, 21.2% more than in the previous harvest.

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Thu, 13 Aug 2020 06:52:00 UTC

Ecuador expects shrimp exports to China to resume soon after Covid-19 dispute

Chinese officials last month said they found six positive results in tests for coronavirus in the walls of a container carrying frozen Ecuadorean shrimp Ecuador expects a quick resolution to a trade dispute with China over traces of coronavirus in a container of exported shrimp that led Beijing to suspend imports from three companies, Ecuador’s production and trade minister said on Tuesday.

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Thu, 13 Aug 2020 06:44:00 UTC

Record debt in Brazil, but only 3% is in foreign currency and government trusts rock bottom rates global

Crucially, just 3% of Brazil's total US$1.45 trillion debt is in foreign currency, according to the Bank for International Settlements Brazil is amassing a record debt that has evoked memories of crises past in South America's largest economy, but some economists say rock-bottom interest rates and low foreign debt mean the government can continue to spend its way out of recession.

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Thu, 13 Aug 2020 06:42:00 UTC

Sao Paulo governor tested positive for the coronavirus

“I just received my sixth test result for COVID-19 and unfortunately it came back positive,” governor Joao Doria said. The governor of Sao Paulo, the state with the highest COVID-19 death toll in hard-hit Brazil, said on Wednesday he had tested positive for the new coronavirus and would continue working from quarantine.

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Thu, 13 Aug 2020 06:24:00 UTC

Ambassador Kent praises UK/Argentine cooperation in combating Covid-19

“We are very pleased with this announcement from the Argentine government to begin production of the vaccine is being developed by the University of Oxford and the British laboratory AstraZeneca” This is a clear example of the kind of cooperation needed to battle the Covid-19 pandemic globally, UK Ambassador Mark Kent said following the Wednesday announcement of the agreement for the production in Argentina of the vaccine currently being developed by the AstraZeneca lab and the University of Oxford.

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Wed, 12 Aug 2020 15:53:00 UTC

Countries transitioning to zero carbon should look at more than technology cost

A 'one-size-fits-all' approach to producing cleaner energy based on cost alone could create social inequalities, finds a new study. … read more
Wed, 12 Aug 2020 09:59:00 UTC

Investors are now focused on the IMF and Argentina’s fiscal policy, “which has been hard to come by”

“As long as capital controls remain in place, resident capital flight will not be a source of pressure,” said the IIF note After reaching a US$ 65 billion restructuring agreement in principle with its creditors earlier this month, Argentina must now turn to relief from the International Monetary Fund to free up cash in the near term, the Institute of International Finance, IIF said on Tuesday.

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Wed, 12 Aug 2020 09:58:00 UTC

Bolsonaro denies fires in the Amazon rainforest and calls reports a “lie”

Fires in Brazil's Amazon for the month of August hit a nine-year high in 2019 and this month so far looks even worse Brazil's President Jair Bolsonaro on Tuesday angrily denied the existence of fires in the Amazon rainforest, calling it a “lie”, despite data produced by his own government showing that thousands of fires are surging across the region.

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Wed, 12 Aug 2020 09:58:00 UTC

Brazilian Parana state abattoirs facing repeated outbreaks of Covid-19

BRF’s Toledo unit has had 1,138 confirmed COVID-19 cases while its Carambei plant had just five A single BRF SA unit accounted for about 29% of COVID-19 cases at slaughterhouses in Brazil’s Parana state, according to the most recent data available, underscoring the challenges for stemming outbreaks at meat plants.

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Wed, 12 Aug 2020 09:52:00 UTC

Peruvian oil workers and miners clash with police demanding better conditions and Covid-19 healthcare

“What the pandemic has done is to lift the veil on the reality of an inefficient, disjointed state,” human rights ombudsman Walter Gutierrez told local radio Angry residents in Peru’s Andean and Amazon regions have attacked three mining and oil sector firms in the last week, two of which were forced to halt operations after deadly clashes, as a second wave of COVID-19 infections hits the country.

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Wed, 12 Aug 2020 09:51:00 UTC

Brazilian state in talks to begin producing the Russian Covid-19 vaccine

The Parana government said in a statement that Governor Ratinho Júnior was set to meet the Russian ambassador to Brazil on Wednesday to discuss the agreement Brazil’s Parana state is in talks to produce a COVID-19 vaccine approved by Russia despite not having completed mass clinical trials, but it was unclear if the state’s research institute would get regulatory approval in Brazil.

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Wed, 12 Aug 2020 09:19:00 UTC

Far East absorbs all the pork Brazil can produce; in July exports soared 48% over a year ago

Exports of pork from January to July climbed 38,78% to 579,900 tons compared to  417,800 tons exported in the same period of 2019 According to the Brazilian Association of Animal Protein, (ABPA), in July, Brazilian pork exports (both fresh and processed) totaled 100,400 tons – 47.9% higher than in the same period of 2019, with 67,900 thousand tons. In revenue terms, the total balance of July reached US$203.1 million, a figure 37.3% higher than that registered in July last year, at US$147.9 million.

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