Glencore sells Russian aluminium into LME storage

Commodity trader Glencore has delivered 40,000 tonnes of Russian aluminium to London Metal Exchange-approved warehouses in the South Korean port of Gwangyang, two sources with knowledge of the matter told Reuters. A build-up of Russian metal is likely to raise concern in the market that benchmark LME prices will weaken – an outcome some producers…

Sons of Panama ex-president released from US jail

Two sons of former Panamanian president Ricardo Martinelli were released from prison in the United States Wednesday after serving sentences for corruption linked to the Brazilian construction giant Odebrecht, authorities said. Luis Enrique and Ricardo Martinelli were released slightly ahead of completing their three-year terms because of good behavior, a spokesperson for the federal Bureau…