Renewable Energy News!

Thu, 29 Oct 2020 14:27:00 UTC

Alberto Fernández confesses that Néstor Kirchner marked a before and after for his life and is his permanent inspiration

“It is not easy for me, because in my life there was a before and an after Nestor. I realized that there was another way of doing politics,” said Alberto Fernández, without hiding his emotion "Néstor, in history and in my heart," said Argentine President Alberto Fernández emotionally, along with a video recalling his relationship with his former political mentor, former President Néstor Kirchner (2003-2007) on the tenth anniversary of the former president's surprising death.

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Thu, 29 Oct 2020 09:42:00 UTC

Argentina reported on Wednesday over 30,000 deaths from Covid-19

The Health Ministry said that 13,924 new infections had been recorded on Wednesday, with 345 deaths over the last 24 hours Argentina reported 30,071 deaths from Covid-19 on Wednesday, the Health Ministry confirmed in a statement, while more than 1,130.533 cases have been diagnosed positive since the virus first arrived in the country back in March.

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Thu, 29 Oct 2020 09:34:00 UTC

Ex Bolivian president calls for calm after right-wing protestors called for a “military junta”

Hundreds of demonstrators marched to military barracks in the eastern city of Santa Cruz and called for “military help” to prevent MAS from regaining power Exiled former Bolivian president Evo Morales called for calm after several hundred right-wing protesters demanded that a “military junta” replace socialist president-elect Luis Arce.

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Thu, 29 Oct 2020 09:20:00 UTC

Major US funds involved in Amazon degradation and indigenous rights violations, claim environmental groups

BlackRock, Citigroup, JPMorgan Chase, Vanguard, BoAmerica and Dimensional Fund Advisors, have invested more than US$  18 billion over the past three years Major US financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published on Tuesday.

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Thu, 29 Oct 2020 09:10:00 UTC

Brazilian government borrowing jumped to second highest record in September

Investors’ reluctance to lend to the government long-term pushed up the share of debt maturing in the next 12 months to 26% of the total from 21.7% in August Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.

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Thu, 29 Oct 2020 08:39:00 UTC

Brazil has a super port in the southern state of Rio Grande do Sul

Some 16 million cubic meters of sediment were removed from the so-called internal channel of Rio Grande port, with draft increased from 12.8 to 15 meters After two years of dredging works using a federal investment of R$ 500 million, (some 80 million dollars) the Port of Rio Grande – the main port in the southernmost Brazilian state of Rio Grande do Sul – will be able to receive vessels of up to 366 meters in length. This is because the port’s new draft, (15 meters) was officially approved on October 26th.

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Thu, 29 Oct 2020 08:28:00 UTC

Petrobras cutting losses as Brazilian economy and fuel demand are increasing

Petrobras posted a net loss of US$ 236 million for the period from July to September, well below its losses of US$ 417 million in the second quarter Brazil's state-run oil giant Petrobras announced on Wednesday it reduced its losses in the third quarter of the year, the company's third negative result in a row due to the global economic meltdown caused by the coronavirus pandemic.

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Wed, 28 Oct 2020 23:53:00 UTC

“Why all the fuss about Malvinas and not a word on Formosa which Argentina should return to Paraguay?”

“If we can achieve a more fair and just country, I believe the issue of Malvinas would disappear as a question of sovereignty, or the British would hand them over” said  Federico Jeanmaire “Why all the fuss about the Malvinas, all the indoctrination which starts at school claiming the Islands, and not a word about the province of Formosa which should be returned to Paraguay and we took as spoils of the Triple War in 1870?”, asks Argentine writer Federico Jeanmaire, a well-known author of several best sellers.

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Wed, 28 Oct 2020 14:18:51 UTC

Renewable energy targets can undermine sustainable intentions

Renewable energy targets (RETs) may be too blunt a tool for ensuring a sustainable future, according to new research. … read more
Wed, 28 Oct 2020 09:30:00 UTC

Dollar strapped Argentina does not discard further financial support from IMF

The president Alberto Fernandez government has been unable to contain the loss of international reserves, given the historic mistrust of Argentines of their currency The Argentine representative before the International Monetary Fund, IMF, Sergio Chodos, admitted that it could be necessary for further financing from the IMF, with which Argentina is in the process of renegotiating conditions for the return of the US$ 44 billion loaned to the previous government of ex-president Mauricio Macri.

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Wed, 28 Oct 2020 09:25:00 UTC

Brazil third largest supplier of crude oil to China during September; Russia leads

Imports of the Brazilian product reached 4.49 million tons, compared to 2.96 million tons in the same period in 2019 Data from the Chinese Customs Administration indicates that in September, Brazil advanced to the position of third-largest supplier of crude oil to the Asian country, as independent Chinese refiners obtain cheap and a relatively high-quality supply from the South American exporter.

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Wed, 28 Oct 2020 09:23:00 UTC

Huge volumes of discovered hydrocarbons remain 'stranded' in South Atlantic fields of Brazil, Angola and Falklands

These volumes, which cost an estimated US$ 24bn to discover and with a combined value of US$ 65bn, account for 40% of reserves proven in high-impact discoveries Huge volumes of discovered hydrocarbons worldwide are currently ‘stranded,’ according to a study by Westwood Global Energy Group. The consultant has identified 119 fields in this category that were found between 2008 and 2016 with collectively 11 Bbbl of oil and 36 Bboe of gas, but currently not progressing toward development, including Brazil, Angola, and the Falkland Islands in the south Atlantic.

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Wed, 28 Oct 2020 09:19:00 UTC

Bolsonaro “transformative” reforms' goal for Brazil, with a 3,5% average growth during a decade

Brazil's GDP per capita in U.S. dollars would be above that of other emerging nations such as Argentina, Poland and Croatia by 2031, and closer to Chile Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.

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Wed, 28 Oct 2020 09:16:00 UTC

Argentina pro-life lobbies ready for a major battle when the promised abortion bill is sent to Congress

A 2018 draft bill decriminalized abortion and given anyone who becomes pregnant access to abortion for whatever reason in the first 14 weeks of pregnancy The Catholic Church, some lawmakers, and the pro-life lobbies are ready for a major battle when the current Argentine government is expected to send a bill to legalize abortion. This follows statements from president Alberto Fernandez pledging to the green scarves movement, who strongly support the initiative that the long-delayed bill will be taken up for consideration soon.

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Wed, 28 Oct 2020 08:41:00 UTC

Brazil's inflation outlook rises to 3%, spiked by food prices, Focus survey

It is the first time since March that the central bank's regular 'FOCUS' survey of around 100 economists has pegged inflation this year at 3% Brazil's 2020 inflation outlook rose to 3%, a central bank survey showed on Monday, the 11th week in a row it has risen as a recent spike in food prices continues to intensify short-term inflation pressures.

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