Consumer prices rose 3.7% in June in Argentina, official data showed on Tuesday. That brought 12-month inflation to 29.5%, up from 26.3% in the 12 months through May, the INDEC national statistics bureau announced, which makes it the highest monthly recorded figure of the last two years.4 comments
A trade war with China, the European Union and other trading partners is casting some doubts about the U.S. economic future, Federal Reserve Chairman Jerome Powell said on Tuesday. And the longer it goes, the more potential harm it could cause, Powell told the Senate Banking Committee at a hearing about the Fed's monetary policy and the economy.Add your comment!
Nicaraguan national police and armed pro-government civilians laid siege to a symbolically important neighborhood that has recently become a center of resistance to President Daniel Ortega's government. Government forces began advancing on the Monimbo neighborhood in the city of Masaya before dawn Tuesday.Add your comment!
The Argentine Football Association (AFA) quietly announced that it had parted company with coach Jorge Sampaoli by “mutual consent,” following the national team's poor campaign in Russia.“Today the Argentine Football Association and Jorge Sampaoli agreed by mutual consent to bring to an end his position as head of the national team,” AFA said in a statement.Add your comment!
Mexican President-elect Andres Manuel Lopez Obrador has given his future interior minister carte blanche to explore the possibility of legalizing drugs in a bid to curb violent crime, she said on Tuesday.2 comments
Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by US President Donald Trump.Add your comment!
British Prime Minister Theresa May has narrowly survived another crunch Brexit vote in parliament, as she struggles to unify her divided party around her strategy for leaving the European Union.5 comments
The infant mortality rate in Brazil, which consistently went down since 1990, started going up in 2016. It is believed that the rate for 2017 will also be higher than the 2015 rate. Both the Zika epidemic and the country's economic recession have been highlighted by the Ministry of Health as causes for the rising infant mortality rate.Add your comment!
Johnson & Johnson has been ordered to pay US$ 4.7 billion in damages to 22 women who alleged that its talc products caused them to develop ovarian cancer. A jury in the US state of Missouri initially awarded US$ 550m in compensation and added US$ 4.1bn in punitive damages.Add your comment!
Ford Motor Co agreed to a so-called economic loss settlement of US$ 299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show.Add your comment!