COLOMBIA: Government To Request Exemption From U.S. Duties On Steel, Aluminum

Colombia expressed its concern to the United States regarding the duties imposed by President Donald Trump on steel and aluminum imports. On a state visit to Washington DC, the Finance Minister, Mauricio C?rdenas, and the Minister of Commerce, Industry and Tourism, Mar?a Lorena Guti?rrez, said that they will request to the U.S. an exemption from ...

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COLOMBIA: Poll Shows Petro And Duque Lead Electoral Race In A Technical Tie

Colombian presidential candidates Gustavo Petro (Human Colombia) and Iv?n Duque (Democratic Center) are in a technical tie in voting intentions for the next presidential elections in May, according to a survey conducted by the National Center of Consultancy (CNC) and released by CM&. According to the survey, Petro, a former ...

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FIBRIA: There Are Still Pending Issues Regarding Merger With Suzano

There are still pending issues regarding the merger between Fibria and Suzano, the Brazilian papermills said in a joint statement in response to a report by the Valor Economico newspaper stating that a deal was imminent. “There are negotiating issues pending definition, which affect the operation and its conditions, including ...

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Gold Barely Budges After Mixed Jobs Report

Gold wobbled Friday as traders struggled to make sense of a mixed U.S. jobs report. Gold was up $1.50 at $1323 an ounce, unable to sustain direcetion over the course of the day. Rising stocks limited the precious metal’s safe haven appeal. The U.S. created 313,000 new jobs in February, ...

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BRAZIL: Telefonica To Pay R$ 370 Million Fine For Disrespecting Local Rules

The board of directors of the Brazilian Regulatory Telecommunications Agency (ANATEL) fined Telefonica Brasil in R$ 370 million (US$ 113.78 million) for noncompliance with service and quality rules in its landline services. The fine was decided after an analysis of the operator’s appealing against ANATEL’s decisions in 20 cases. The ...

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Fed’s Evans: Let’s "Wait A Little Longer" To Raise Interest Rates

Chicago Federal Reserve President Charles Evans is afraid that inflation is not rising fast enough to warrant the gradual rates projected for 2018. Evans wants to “wait a little longer” than the upcoming March FOMC meeting before raising interest rates by a quarter percentage point, he tells CNBC. “My own ...

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Crude Oil Rebounds Ahead Of Rig Count

Crude oil prices were higher Friday morning as traders weighed the latest U.S. jobs report. After falling sharply in the previous session, WTI light sweet oil was up 74 cents at $60.84 per barrel. The U.S. created 313,000 new jobs in February, the biggest gain since mid-2016. However, the 12-month ...

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