London copper prices edged
higher in early Asian trade on Wednesday, as a new blockade at
MMG Ltd's Las Bambas mine in Peru lent support to
prices, although gains were capped by ongoing U.S.-China trade
An earlier road blockade at the site by an indigenous
community in March and April disrupted the mine's copper
concentrate exports and boosted copper prices.
* COPPER: Three-month copper on the London Metal Exchange
Brazil's lower house of Congress voted on Tuesday to allow foreign-controlled airlines to operate domestic flights in Latin America's largest economy, opening the door to more competition in an increasingly concentrated market.
Brazil's government could make some changes to an executive gun decree signed by far-right President Jair Bolsonaro as a result of some of the criticisms it faced, the president's spokesman said on Tuesday, without giving more details.
The United States is preparing sanctions and criminal charges against Venezuelan officials and others suspected of using a military-run food aid program to launder money for President Nicolas Maduro's government, according to people familiar with the matter.
A U.S. judge on Tuesday confirmed a
roughly $500 million arbitration award that a unit of
Owens-Illinois Inc obtained against Venezuela in
connection with the country's seizure and nationalization of two
plants in 2010.
Brazilian state-owned lender
Caixa Econômica Federal will offer indebted retail clients
discounts on their delinquent loans, in an attempt to raise up
to 4 billion reais ($990.52 million) for the bank's coffers, CEO
Pedro Guimaraes told journalists on Tuesday.
Argentina's populist ex-president Cristina Fernandez de Kirchner passed through a crowd of ardent supporters and into a Buenos Aires courthouse on Tuesday to undergo a graft trial she derided as a "smokescreen," days after kicking off her campaign for vice president on social media.
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