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A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Sources have told Reuters the Biden administration is likely to adopt new outbound investment restrictions on China in the coming weeks. Japan, the U.S. and Europe have already restricted the sale of high-tech chipmaking tools to Chinese companies while China has hit back by throttling exports of raw materials. To be sure, investment flows often fluctuate and many firms aren't leaving China completely or aren't leaving at all. "A lot of our clients are worried about their exposure to China as a sole country of supply."
Persons: Carlos Barria, Deng Xiaoping, Logan Wright, Biden, John Ramig, Buchalter, Daniel Seeff, Cardigan, Chi Lo, Lee Smith, Baker Donelson, Samuel Shen, Tom Westbrook, Winni Zhou, Jacqueline Wong Organizations: REUTERS, Corporate, China Markets, China's, Administration of Foreign Exchange, Investors, Reuters, Oxford Economics, Ministry of Commerce, Management, Thomson Locations: Pudong, Shanghai, SHANGHAI, SYDNEY, China, Japan, U.S, Europe, Haining, Peru, Hong Kong, Baker, Singapore
Their data showed mercury contamination from informal gold mining making its way into the biodiversity hotspot's mammals — from rodents to ocelots to titi monkeys. Leaders from the eight countries around the Amazon meeting in Brazil next week will discuss how to end illegal gold mining. While the scientists began testing for mercury at Los Amigos in 2021, some of the samples were gathered as early as 2018. During Reuters' visit to Los Amigos, scientists caught rodents in metal traps baited with peanut butter and snagged birds and a bat in mist nets floating through the forest. In 2021, mining arrived on Los Amigos' doorstep.
Persons: Conservación Amazônica, Mrinalini Erkenswick, Erkenswick Watsa, biogeochemist Jacqueline Gerson, there's, it's, Gideon Erkenswick, Jorge Luis Mendoza Silva, Caroline Moore, Moore, Chris Sayers, Jake Spring, Gloria Dickie, Marco Aquino, Oliver Griffin, Katy Daigle, Suzanne Goldenberg Organizations: Los, Biological, Amigos, Reuters, San Diego Zoo Wildlife Alliance, Projects International, Los Amigos, University of Colorado, REUTERS, Gold Council, USAID, Peruvian, Nature Communications, San Diego Zoo Wildlife, University of California, Thomson Locations: Peru, Peruvian, Peru's, de Dios, Madre de Dios, Brazil, Colombia, California, University of Colorado Boulder, Los Amigos, Dios, Latin America, Congo, Indonesia, University of California Los Angeles, London, Lima, Bogota
Across the world, mountains with permafrost melt have shown larger and more frequent landslides, the Intergovernmental Panel on Climate Change reported. Sean Gallup / Staff / Getty ImagesBut warming temperatures due to climate change affect more than permafrost. "As mountains get smaller, they reduce pressure on the surrounding slopes, and this is often the trigger for mass movements," Knight said. Climate change puts their lives in danger from mudslides, landslides, rockfalls, and more. The futureAs climate change accelerates, mountain environments change more quickly, as well.
Persons: Fluchthorn, Jasper Knight, that's, Knight, Sean Gallup, SIERRA, Alejandro Argumedo, Tammy Stenner, Stenner, Argumedo, Frédéric Soltan, they're Organizations: Swiss, Service, University of Witwatersrand, Research, rockfalls, Staff, Mount Cook National, South America Locations: Austrian, Southern, New Zealand, Mt, Fluchthorn, Austria, Switzerland, South Africa, South Island , New Zealand, South, ANDES, Peru, Yunnan, China, Peru's, Peruvian
This week, scientists shared discoveries of ancient species that lived and died tens of millions of years ago, providing tantalizing insights into creatures never documented until now. The colossal ancient whale, which swam the seas about 39 million years ago, likely weighed two to three times more than the blue whale. NASA/ESA/Joseph Olmsted (STScI)When the Hubble Space Telescope initially observed a young planetary system 32 light-years from Earth, it didn’t reveal any surprises. And the James Webb Space Telescope spied new details within the colorful, iconic Ring Nebula. The fruit flies in the groundbreaking study don’t typically reproduce through virgin births, also called parthenogenesis, although many animal species do.
Persons: Alberto Gennari, Michael Brecht, ” Brecht, Joseph Olmsted, Euclid, James Webb, , Hala Alarashi, Alice Burkhardt, Ba, Emperor Nero, Ashley Strickland, Katie Hunt Organizations: CNN, Canadian Rockies, Humboldt University, NASA, ESA, Hubble, Telescope, Petra Museum, CNN Space, Science Locations: Ica, Berlin, Jordan, East Coast, United States
Travel with reporter Jake Spring to Los Amigos Biological station in the Amazon rainforest of Peru's Madre de Dios region. There, researchers have found mercury contamination from gold mining is threatening scores of species. Some 46,000 miners search for gold in the country's epicenter of small-scale mining. Plus we visit a Hollywood watering hole called Residuals Tavern to chat with working class actors struggling with the change to their industry . Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.
Persons: Jake Spring Organizations: Apple, Google, Reuters, Thomson Locations: Peru's, de Dios, Hollywood
“It all started with a road trip in Belgium,” says 29-year-old Chazee, who was born in Thailand. Shared dreamNicolas Chazee and Mathilde Vougny are driving around the world in a Land Rover Defender named Albatross. Epic adventureVoughny, seen in Finland, says that she and Chazee thought their dream road trip was "unachievable" until they began researching it. “People joke that if you have a Land Rover, you’re also going to end up being a mechanic,” says Chazee. Next Meridian ExpeditionAside from the car problems, the couple say that the extreme weather conditions they’ve experienced have been among their biggest challenges so far.
Persons: Nicolas Chazee, Mathilde Vougny, , , we’ve, ’ ”, they’d, Chazee, Vougny, ” Vougny, who’ve, they’ve, They’ve, you’re, I’ve, I’m, ” Chazee, he’s, they’ll, Next Meridian Expedition They’ve Organizations: CNN, Rover, Meridian Expedition, Rover Defender, Next Meridian, YouTube, Central America, , Next, Next Meridian Expedition Locations: Brussels, Belgium, Thailand, Europe, France, Finland, Luxembourg, Netherlands, Germany, Denmark, Iceland, Sweden, Norway, Halifax, Canada, Alaska, Wyoming , Colorado , Utah, Arizona, California, Mexico, Belize, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Colombia, Ecuador, Peru, Australia, Chile, , Central America, USA, Argentina, Antarctica, Asia, Africa
[1/9] Isabel Apaza and Gabriel Flores sail in their boat through a narrow water path near the shore of Lake Titicaca in Huarina, Bolivia, August 3, 2023. REUTERS/Claudia MoralesHUARINA, Bolivia, Aug 4 (Reuters) - The parched shoreline and shrinking depths of Lake Titicaca are prompting growing alarm that an ago-old way of life around South America's largest lake is slipping away as a brutal heat wave wreaks havoc on the southern hemisphere's winter. Like many places suffering deadly consequences of climate change, the sprawling freshwater lake nestled in the Andes mountains on Bolivia's border with Peru now features a water level approaching an all-time low. Globally, July was the hottest month on record, as prolonged dry spells take an especially heavy toll on humans and animals alike. "I don't know what we're going to do any more since we don't have food for our cows or lambs."
Persons: Isabel Apaza, Gabriel Flores, Claudia Morales HUARINA, Lucia Walper, Monica Machicao, Santiago Limachi, Sergio Limachi, Valentine Hilaire, David Alire Garcia, Nick Macfie Organizations: REUTERS, Farmers, Bolivia's Oruro Technical University, International Monetary Fund, Thomson Locations: Lake Titicaca, Huarina, Bolivia, Titicaca, South America's, Peru, Gabriel Flores ., South America, Uruguay, Montevideo, shriveled
BOGOTA, Aug 3 (Reuters) - Colombia's government is hopeful that an upcoming regional summit in Brazil will represent a turning point in the deterioration of the Amazon, Colombian Environment Minister Susana Muhamad said on Thursday. The eight countries of the Amazon Cooperation Treaty Organization (ACTO), which include Brazil, Colombia, Venezuela and Peru, will meet Aug. 7-8 in the Brazilian city of Belem at the mouth of the Amazon River. The summit - which follows a meeting in Colombia's Amazon city of Leticia a month ago - is aimed at finding ways to prevent further degradation of the Amazon rainforest, the preservation of which scientists say is vital for curbing the effects of climate change. Talks will also include the complicated issue of hydrocarbon exploration, Muhamad said. While Colombia's President Gustavo Petro has voiced concern over oil and gas exploration in the Amazon, Muhamad said the situation was "much more complex" than other topics.
Persons: Susana Muhamad, Muhamad, Luiz Inacio Lula da Silva, Gustavo Petro, Oliver Griffin, Rosalba O'Brien Organizations: Amazon, Colombian, Amazon Cooperation Treaty Organization, Thomson Locations: BOGOTA, Brazil, Colombia, Venezuela, Peru, Brazilian, Belem, Amazon, Leticia, Bogota
REUTERS/Johanna Geron/File PhotoBRASILIA, Aug 2 (Reuters) - Brazil President Luiz Inacio Lula da Silva on Wednesday said that next week's summit of Amazon region nations will seek to draw up a common policy for the first time to protect the rainforest. For the first time we are going to have a common policy for the Amazon, for preservation, security, borders," Lula said. The eight countries of the Amazon Cooperation Treaty Organization (ACTO) will meet Aug. 7-8 in the city of Belem at the mouth of the Amazon river. ACTO was created in 1978 to promote the preservation of the Amazon basin and regulate Amazonian development through cooperation. Reporting by Lisandra Paraguassu; Editing by Mark Porter and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Luiz Inacio Lula da Silva, Johanna Geron, Lula, ACTO, Lisandra Paraguassu, Mark Porter, Aurora Ellis Organizations: EU, LAC, European Union, of, Caribbean, REUTERS, Amazon Cooperation Treaty Organization, Thomson Locations: Caribbean States, Brussels, Belgium, BRASILIA, Brazil, Amazon, Belem, Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela
Whale fossil may be the heaviest animal ever
  + stars: | 2023-08-02 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +7 min
CNN —A colossal ancient whale discovered in Peru might be the heaviest animal on record, according to a new study. What’s more, Perucetus likely weighed two to three times more than the blue whale, which today weighs a maximum of 149.6 metric tons (330,000 pounds). Giovanni Bianucci“Discoveries of such extreme body forms are an opportunity to re-evaluate our understanding of animal evolution,” wrote J.G.M. “It seems that we are only dimly aware of how astonishing whale form and function can be,” they added. The lifestyle of a colossal whaleThe findings suggest that gigantism or peak body mass among cetaceans had been reached around 30 million years earlier than previously thought, according to the study.
Persons: Giovanni Bianucci, , ” Bianucci, Perucetus, , , Bianucci, pacificus, Mystacodon selenesis, Mario Urbina Schmitt, Schmitt, Thewissen, David A, Waugh, weren’t, Ingalls, Brown, ” Thewissen Organizations: CNN, University of Pisa’s, sirenians, Peru “, National University of San, Ohio Medical University Locations: Peru, Italy, Ica, Peruvian, National University of San Marcos, Lima
Giovanni Bianucci/Handout via REUTERSAug 2 (Reuters) - Move over, blue whale. The biggest-known blue whale weighed around 190 tons, though it was longer than Perucetus at 110 feet (33.5 meters). Its skeletal mass alone was estimated at between 5 and 8 tons, at least twice that of the blue whale. The researchers suspect Perucetus lived like sirenians - not an active predator but an animal that fed near the bottom of shallow coastal waters. The researchers said it was unlikely Perucetus was a filter-feeder like today's baleen whales including the blue whale.
Persons: Giovanni Bianucci, Perucetus, Bianucci, Olivier Lambert of, Will Dunham, Rosalba O'Brien Organizations: REUTERS, University of Pisa, Royal Belgian Institute of Natural Sciences, Thomson Locations: Peru, Handout, Italy, Argentina, sirenians, Brussels, hoofed, Washington
It may have weighed twice as much as a blue whale because of its dense bones. That's nearly as heavy as a Boeing 747 or twice as much as a blue whale, which typically weighs between 72 and 180 tons. That means the other fossils retrieved from the area may not offer clues to how P. colossus lived. A 3D model shows what a complete skeleton of Perucetus colossus would look like, above a blue whale and smaller Cynthiacetus peruvianus skeletons. No limbs were found near the P. colossus skeleton, but fossilized evidence suggests it likely had both front and back legs.
Persons: Mario Urbina, Olivier Lambert, Giovanni Bianucci, Cynthiacetus, colossus, colossus isn't, Lambert, Florent Goussard, Marco Merella Organizations: Service, Boeing, Santa Barbara Museum of, History Locations: Wall, Silicon, Pisco, Peru, London
[1/2] President of the Central Bank of Paraguay Carlos Fernandez Valdovinos speaks during an interview with Reuters in Asuncion, Paraguay July 31, 2017. REUTERS/Jorge Adorno/File photoASUNCION, Aug 1 (Reuters) - Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an interview. Paraguay remains the only South American nation with formal diplomatic relations with Taiwan, which China claims as its own territory. A Taiwan delegation including business leaders will travel to Paraguay in August for the inauguration of conservative President-elect Santiago Pena, he added. China, as a buyer of raw materials from Paraguay with no added value, "is probably convenient for some sectors," Fernandez said.
Persons: Central Bank of Paraguay Carlos Fernandez Valdovinos, Jorge Adorno, Carlos Fernandez Valdovinos, Fernandez, Santiago Pena, Pena, Jair Antonio de Lima, Lima, Lucinda Elliott, Daniela Desantis, Richard Chang Organizations: Central Bank of, Reuters, REUTERS, Gross, Thomson Locations: Central Bank of Paraguay, Asuncion, Paraguay, ASUNCION, China, Taiwan, CHINA, PARAGUAY Paraguayan, Beijing, Brazil, Uruguay, Paraguayan, United States, Japan, South Korea, Ukraine
Aug 1 (Reuters) - Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two consecutive quarters of contraction, which is a common definition for a recession. Finance Minister Alex Contreras told reporters he expects economic growth to return in July after preliminary data showed that the economy shrank by about 1% in June. That followed official data showing that the South American country's economy contracted by 0.43% in the first quarter. Despite the data, Contreras asserted that the economy is not in recession while heaping blame on "obsessed" analysts who root against the government for any suggestion to the contrary. "The economy isn't in a recession and it hasn't entered into a recession," said Contreras, adding that economic recessions typically involve "prolonged periods" of downturn, though he did not provide a specific definition.
Persons: Alex Contreras, Contreras, hasn't, jailing, Pedro Castillo, Dina Boluarte, David Alire Garcia, Alexander Villegas, Sandra Maler Organizations: Thomson Locations: Nino
Mauricio Diazgranados Is a Botanist in a Hurry
  + stars: | 2023-07-31 | by ( Jennie Erin Smith | ) www.nytimes.com   time to read: +2 min
A decade ago, when Dr. Diazgranados was head of Bogotá’s botanical garden, he took on the construction of a new herbarium and the largest greenhouse in the Americas, before a change in mayoral administrations swept out its leadership and he packed his bags for London. He published a world checklist of useful plants, a virtually boundless, searchable database of species that supply food, medicine, fiber and fuel, or help mitigate the effects of climate change. “What I need to do now is figure out how this institution can respond better to these challenges.”Dr. Diazgranados’s offices are in the garden’s glass-walled plant research laboratory, nestled in an old-growth oak forest. Here, researchers draw on collections of resins, seeds and plants preserved in spirits or in silica powder, along with vast banks of DNA samples and plant chemicals. The bridge between the botanical garden as a public attraction and a research facility is its living collection, whose plants are routinely sampled to help answer questions in plant genetics, structure and evolution.
Persons: Diazgranados, , ” Dr Organizations: Royal Botanic, New Locations: Americas, London, Kew, Colombia, Peru
Bellerby is a luxury London globemaker that counts astronauts, YouTubers, and artists among its customers. One customer even asked for a globe to be made as a urn for her father with his ashes inside. Euan Myles/Bellerby & Co GlobemakersMost of the cost comes from the labor required to make the intricate globes by hand. All Bellerby's globes are "entirely bespoke," with illustrations painted on by hand, head globemaker Eddy da Silva told Insider. They also added some illustrations, including a mastodon, a giant ground sloth, a glyptodon, and a woolly mammoth.
Persons: Marc Mitchell, Euan Myles, Bellerby, globemaker Eddy da Silva, Martin, Hugo, They've, Toby Essex, Peter Bellerby, Fenster, Reinhold Würth, he'd, globemakers, de Silva Organizations: Service, Bellerby, CliQQ, Würth Locations: London, Wall, Silicon, Peru, Cambodia, Polynesia, St, Kitts
CNN —Frantic purchases of ammunition, the daylight assassination of a mayor, and a growing body count inside Ecuador’s prisons signal that the country’s roiling security crisis is going from bad to worse. Violence has been most pronounced on Ecuador’s Pacific coast as criminal groups battle to control and distribute narcotics, primarily cocaine. The country has also lost control of its prisons, which are often ruled by the criminal gangs. Ecuador's President Guillermo Lasso speaks during a meeting in the Carondelet Palace in Quito on November 10, 2021. The crisis has also affected the security and justice system with allegations of corruption swirling around some in courts and police.
Persons: Agustin Intriago, Ariana Chancay, Agustin Intriago's, Dolores Ochoa, Guillermo Lasso, Vicente Gaibor del Pino, Coronel Mario Pazmiño, CRISTINA VEGA RHOR, Lasso, ” Lasso, , Fausto Salinas, Luisa Gonzalez, Otto Sonnenholzner, Yaku Perez Organizations: CNN, Manta, Security, Authorities, Reuters, Ecuadorian Army, Getty, Public Security Council, Ecuadorian Locations: Ecuador’s, Guayaquil, Manta, Ecuador, South America, North America, Europe, Peru, Colombia, America, Bolivia, Carondelet, Quito, AFP, Manabi
Taipei CNN —The signing of a trade pact between Taiwan and the United States will play a key role in helping the island counter its diplomatic isolation from China, according to Taiwan’s top trade negotiator. Taipei has described the initiative as the most comprehensive trade agreement between the United States and Taiwan since Washington switched diplomatic recognition to Beijing in 1979. But Chinese pressure is not the only hurdle facing Taiwan’s trade negotiators like Deng, as trade deals could also become a politically sensitive issue on the island itself. In 2014, a controversial service trade agreement between Taipei and Beijing — which was passed by the then ruling Kuomintang — resulted in mass student protests, known as the Sunflower Movement. They opposed it because it would allow meat products containing ractopamine, an animal feed additive common in the United States.
Persons: John Deng, , ” John Deng, John Mees, Deng, Mao Ning, Kuomintang —, , Will Ripley Organizations: Taipei CNN, CNN, Taiwan Affairs Office, Trans, Pacific, Sunflower Movement, Student Locations: Taipei, Taiwan, United States, China, Washington, Beijing, Britain, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, Vietnam, Kuomintang
TAIPEI, July 21 (Reuters) - Taiwan is investigating a potential leak of official documents including diplomatic cables and classified reports on the island's sensitive bid to join a global trade pact, according to two officials familiar with the probe. Taiwan and China both applied in 2021 to join the CPTPP, a landmark trade pact between 11 countries - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Beijing has said it strongly opposes Taiwan's membership because Taiwan is part of China and therefore ineligible to join international bodies on its own. Taiwan is however a member of the World Trade Organization, designated as a separate customs territory called Taiwan, Penghu, Kinmen and Matsu. Taiwan strongly rejects Chinese sovereignty claims and says only Taiwanese people can decide their future.
Persons: Taiwan's, Tsai Ing, China's, Yimou Lee, John Geddie Organizations: Reuters, Trans, Pacific, Taiwan's, National Security Bureau, World Trade Organization, Thomson Locations: TAIPEI, Taiwan, China, Japan, Vietnam, Washington, United States, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Britain, Beijing, Matsu, Lincoln
In June, the U.S. National Oceanic and Atmospheric Administration (NOAA) declared that an El Nino is now under way. Meteorologists expect that this El Nino, coupled with excess warming from climate change, will see the world grapple with record-high temperatures. Here is how El Nino will unfold and some of the weather we might expect:WHAT CAUSES AN EL NINO? El Nino could offer a reprieve to the Horn of Africa, which recently suffered five consecutive failed rainy seasons. Historically, both El Nino and La Nina have occurred about every two to seven years on average, with El Nino lasting 9 to 12 months.
Persons: Kim Hong, heatwaves, El, El Nino, Michelle L'Heureux, Tom DiLiberto, DiLiberto, La Nina, Nina, Gloria Dickie, Jake Spring, Angus MacSwan, Sandra Maler Organizations: REUTERS, Nino, Reuters, El Nino, U.S . National Oceanic, Atmospheric Administration, NOAA, El, Graphics, el nino, NINO, U.S . West, La, Sao Paulo, Thomson Locations: Cheongju, South Korea, China, United States, Beijing, Rome, Americas, Asia, El, Pacific, Peru, Philippines, Canada, Central, South America, Australia, of Africa, Eastern Pacific, El Nino, London, Sao
LIMA, July 19 (Reuters) - Thousands of anti-government protesters took to the streets in Peru on Wednesday, part of a new round of marches organized by groups opposed to President Dina Boluarte's eight-month-old administration, as police deployed to guard government offices. Many Peruvians accuse Boluarte and her allies of illegitimately removing and jailing her leftist predecessor Pedro Castillo, which led to angry and sometimes violent protests through last March that claimed 67 lives. Some 24,000 police officers were deployed throughout the country, according to officials, as authorities braced for a so-called "third takeover of Lima." Ground transport officials said protesters blocked six highways by early afternoon on Wednesday, mostly in southern Arequipa and Cusco regions. Peru, the world's second-largest copper producer, could also face disruptions along its key mining corridor, where according to environmental groups, communities will support the protests.
Persons: Dina Boluarte's, Boluarte, Pedro Castillo, Roger Perez, Jorge Pizarro, Marco Aquino, Sarah Morland, Alexander Villegas, Will Dunham, Josie Kao Organizations: Local, Police, Congress, Thomson Locations: LIMA, Peru, Lima, Arequipa, Cusco, Huancavelica, Puno
Yet many of the protesters’ key demands, such as the resignation of President Dina Boluarte, early elections, and the closure of Congress, remain unanswered. Anger over accountability is what’s driving the new protests, Omar Coronel, a sociologist from the Pontifical Catholic University of Peru, told CNN. At the minimum, a democracy leads to “some kind of political sanction” for protest deaths. At least 24,000 police officers are being mobilized to watch what has been dubbed the “takeover of Lima” protest. What people want is to work and that the businesses and the economy not to come to a standstill,” political analyst Álvarez Rodrich said.
Persons: ” Alex Mendoza, Pedro Castillo, Dina Boluarte, Mendoza, , , Ernesto Benavides, , Castillo, Boluarte, Anger, Omar Coronel, Marisol Perez Tello, ” Ivette, Vicente Romero, Perez Tello, ” Perez Tello, Cris Bouroncle, ” Augusto Álvarez Rodrich, Coronel, Ronderos, , ’ ” Coronel, Álvarez Rodrich, ” Jacinto Amansio López Delgado, ” López Organizations: Peru CNN, CNN, Getty, Pontifical Catholic University of Peru, , , Commerce Locations: Lima, Peru, AFP, Ivette, Peruvian, ’ Lima,
[1/2] Demonstrators participate in a march called by Peru's General Workers Union against President Dina Boluarte's administration, in Lima, Peru, March 9, 2023. REUTERS/Alessandro Cinque/File PhotoLIMA, July 18 (Reuters) - Peru's President Dina Boluarte said on Tuesday that anti-government protests expected to begin this week are "a threat to democracy and the rule of law," seven months after the ousting of her predecessor launched months of deadly protests. Key mining areas in Peru are planning to support a new round of anti-government protests, said Jose de Echave, the head of environmental NGO CooperAccion, who added that groups of miners from the Andean country's key copper mining corridor are set to arrive in Lima. Peru's is the world's second-largest copper producer and its mining corridor in Condoroma, Cusco, is used by MMG's . Reporting by Marco Aquino; Writing by Sarah Morland; Editing by Alexander Villegas, William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Dina Boluarte's, Alessandro Cinque, LIMA, Dina Boluarte, Boluarte, Pedro Castillo, Jose de Echave, Peru's, Marco Aquino, Sarah Morland, Alexander Villegas, William Maclean Organizations: Peru's General Workers Union, REUTERS, HK, Thomson Locations: Lima , Peru, Peru, Lima, Condoroma, Cusco
Fashion retailer H&M to launch in Brazil
  + stars: | 2023-07-17 | by ( ) www.reuters.com   time to read: +1 min
COPENHAGEN, July 17 (Reuters) - Fashion retailer H&M (HMb.ST) will launch stores and online trade in Brazil in 2025, the company said on Monday. H&M opened its first store in Latin America in Mexico in 2012, and is currently present in Peru, Uruguay, Chile, Colombia, Ecuador, Guatemala, Panama, and Costa Rica. "With a population of over 210 million in Brazil and a strong appreciation for fashion, there is considerable potential for expansion in the market," H&M said in a statement. To support its expansion in Brazil, H&M is partnering with Dorben Group, which runs retail operations across 10 countries across Central and South America, the Swedish fashion giant said. The launch in Brazil comes as the company is pushing to accelerate its expansion in the North and South America region, focusing in particular on Latin America, it said.
Persons: Louise Breusch Rasmussen, Anna Ringstrom, Jason Neely Organizations: Dorben Group, Thomson Locations: COPENHAGEN, Brazil, America, Mexico, Peru, Uruguay, Chile, Colombia, Ecuador, Guatemala, Panama, Costa Rica, Central, South America, Swedish, North
Regardless of the outcome, officials said the meeting itself marked a step towards stronger ties. "The most important issue of the meeting is the meeting itself," Argentine Undersecretary for Latin American and Caribbean affairs Gustavo Martinez Pandiani told a small group of reporters in Brussels. The EU has said it wants a joint declaration condemning Russia, but knows this will be difficult to achieve. The EU and Argentina will sign a memorandum of understanding on energy cooperation before the summit starts. The EU may also offer details on plans to invest 10 billion euros ($11.2 billion) in CELAC infrastructure projects, part of its Global Gateway initiative.
Persons: Gustavo Martinez Pandiani, Luiz Inacio Lula da Silva, Philip Blenkinsop, Barbara Lewis Organizations: European Union, UN, European, EU, Mercosur, Thomson Locations: BRUSSELS, America, Caribbean, EU, Ukraine, China, Caribbean States, Brussels, Argentine, Russia, Nicaragua, Bolivia, Cuba, El Salvador, Beijing, Mexico, Peru, Venezuela, Chile, Argentina, Brazil, Paraguay, Uruguay
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