Stories for 2017

Wednesday, May 24th 2017 - 08:36 UTC
World's second largest economy has its credit rating downgraded by Moody's

China has received a downgrade on its credit score, on worries about the future state of the economy. Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to Aa3 from A1, a move that could lead to a rise in the cost of borrowing for the Chinese government and state-owned enterprises. The ratings agency also changed its outlook for China to stable from negative.
Wednesday, May 24th 2017 - 07:22 UTC
US households debt at new record high and manageable, but students loans remain “stubbornly high”

The United States debt level reached a record high this year, surpassing the peak touched just as the worst of the recession was taking hold in 2008, and marking a milestone for households that now lean less on mortgages and more on auto and student loans
Wednesday, May 24th 2017 - 07:10 UTC
Record number of investments from overseas in Scotland during 2016

Scotland won a record number of investments from overseas in 2016, although growth was substantially lower than the previous year. There were 122 foreign direct investment deals done over the course of last year, up from 119 in 2015.
Wednesday, May 24th 2017 - 06:27 UTC
Temer running out of special aides to corruption arrests; one even returned a bag with hush money

A special aide to embattled Brazilian President Michel Temer was arrested on Tuesday in connection with a fraud scheme and another aide gave police a bag filled with cash that was allegedly part of a bribe approved by the leader.
Tuesday, May 23rd 2017 - 19:12 UTC
Experience Latin America expands

Experience Latin America, which takes place from June 12-14, will feature 130 different suppliers from the region – a 10% increase compared with last year.
Tuesday, May 23rd 2017 - 14:55 UTC
Global food prices down with expectations of robust supplies in key staples

Global food commodity prices fell in April amid expectations of ongoing robust supplies of many key staples. The FAO Food Prices Index averaged 168 points in April, down 1.8% from March although remaining 10% higher than a year earlier.
Tuesday, May 23rd 2017 - 13:58 UTC
WMA leader wars about growing violence against physicians and healthcare

A warning about an increase in violence against physicians and a general disrespect for medical and health institutions in both civil and conflict situations has come from the Chair of the World Medical Association Dr. Ardis Hoven.
Tuesday, May 23rd 2017 - 11:17 UTC
Latin American exports rebound in first quarter of 2017 pushed by commodity prices

After four consecutive years of contraction, Latin American and Caribbean exports returned to a path of growth. In the first quarter of 2017, the value of goods exports increased 17% year-on-year, having contracted 2.9% in 2016.
Tuesday, May 23rd 2017 - 08:48 UTC
Protestors set on fire Chavez childhood home; Army preparing snipers to control demonstrations

Protesters set fire to late President Hugo Chavez's childhood home in western Venezuela on Monday, an opposition lawmaker said, as protests against the president Nicolas Maduro grew increasingly hostile.
Tuesday, May 23rd 2017 - 08:36 UTC
Temer accepts Supreme Court investigation: incriminating secret recording was “edited 70 times”

Brazil's President Michel Temer has asked the Supreme Court to proceed with an investigation against him for obstruction of justice and corruption. His lawyers say that a secret recording that appears to incriminate him has been edited 70 times.