The International Monetary Fund says that high global debt is a concern. In a new report, the IMF says governments should use the current strong economic growth to strengthen their finances. The organization also says that risks to global financial stability have increased.
Justices from the First Panel of the Brazilian Supreme Federal Court (STF) voted, on Tuesday (17), accepting the charges filed by the Prosecutor General's Office against senator Aécio Neves (PSDB-MG), and former presidential candidate, accused of passive corruption and obstruction of justice.
United States Secretary of State-designate Mike Pompeo met with North Korean leader Kim Jong Un last week, U.S President Donald Trump said on Wednesday after media reported on Pompeo's recent secret mission to the North to prepare for the first-ever U.S.-North Korea summit.
Brazil is pushing for the establishment of rules around Internet data flows and has presented a document on the subject to the World Trade Organization (WTO) to stress the urgency of starting a more objective debate. Amid concerns over Facebook's use of tracking users with pixels, Brazil joins the Netherlands, France, and EC in legal moves.
Britain and the US have issued a formal alert about “malicious cyber activity” by Russia amid warnings that relations with Moscow have hit an all-time low. The UK National Cyber Security Centre (NCSC) combined with the FBI and the US Department of Homeland Security to issue an unprecedented joint “technical alert” setting out the threat across the public and private sectors.
The ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican Economy Minister Ildefonso Guajardo advanced. Guajardo said he had spoken to Canadian Foreign Minister Chrystia Freeland on Monday and would talk to U.S. Trade Representative Robert Lighthizer to see about agreeing a trilateral meeting in Washington on Thursday.
Chile’s President Sebastian Piñera proposed a bill to boost free technical education, days ahead of a planned student march in Santiago, the first such protest since he took office a month ago.
China's economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth figures for January to March were also above Beijing's 2018 annual growth target of around 6.5%
China will allow full foreign ownership of car firms by 2022 in a move that could open up the world's biggest car market. The plans will change rules that require global carmakers to work through state-owned partners. The US says this forces them to share technology with potential competitors.
While the world economy continues to show broad-based momentum, a new report released on Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.