Archive for the January 6, 2019
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Venezuela's opposition-controlled National Assembly declared Nicolas Maduro's presidency illegitimate Saturday, calling on the military to support efforts to "restore democracy." "We reaffirm the illegitimacy of Nicolas Maduro," the assembly's new president Juan Guaido said as
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Algeria rejected a wheat shipment from Argentina that was below contractual quality standards, Argentina's ArgenTrigo wheat industry chamber said on Friday. The chamber referred to the rejected shipment as an isolated case, and said Argentina's
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Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from the United States, and slowing economic growth undermine Opec-led efforts to shore up the market,
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Gold discounts in India widened to a two-month high this week as prices surged to a more than six-month peak and demand remained subdued due to New Year holidays. Benchmark spot gold prices were headed
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Erratic rains in Brazil, which have already been hurting the soyabean crop, are also beginning to stress sugarcane fields, which this season are more susceptible due to plant aging, experts told Reuters. Sugarcane is usually
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The US Department of Agriculture (USDA) delayed several major domestic and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday. New release dates for the monthly World Agricultural Supply
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Rates of cotton improved on the local market on Saturday in process of slow trading activity, dealers said. The official spot rate was unchanged at Rs 8,700, they added. Prices of seed cotton in Sindh
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Colombia produced 13.6 million 60-kg bags of washed arabica coffee in 2018, the coffee federation said on Friday, below production the year before and under the federation's estimate for the year. The slide was due
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All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with US sanctions, a senior Iranian energy official said, noting that Tehran was
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US soybean futures climbed to a two-week high on Friday on optimism over US-China trade talks planned for next week, coupled with declining estimates of the size of Brazil's developing crop, traders said. Corn and
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