Argentina's economy contracted sharply in the second quarter after a severe drought roiled agricultural production and as the country works with the International Monetary Fund to stem spiraling inflation and control government finances.Add your comment!
Argentina's ex-President Cristina Fernandez said on Tuesday that she never received corrupt payments and challenged investigators to scour her home region of Patagonia if they believed she had hidden cash, a day after she was indicted on graft charges.5 comments
Brazil's leftist presidential candidate Fernando Haddad on Tuesday ruled out pardoning the jailed former head of state and his own party's iconic leader Lula da Silva should he triumph in October's elections.3 comments
The European Union is ready to address key British concerns over Northern Ireland, the EU’s chief negotiator Michel Barnier said on Tuesday, in a clear push to get a Brexit deal effectively done in the next month.2 comments
Argentina’s central bank sold US$ 261 million in reserves on Tuesday, the monetary authority said in a statement announcing its latest intervention in the foreign exchange market aimed at easing the fall of the local currency.Add your comment!
Peru's president is facing a standoff with lawmakers over his call for a referendum on anti-corruption measures and constitutional reforms.Add your comment!
Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks. Ireland's Finance ministry said the payment was a significant milestone, although Dublin insists Apple was not given any special tax treatment. In 2016 the Commission ruled the below 1% effective tax rate the firm paid in Ireland amounted to illegal state aid.Add your comment!
Mini factory in Oxford will shut down for a month after Brexit at the end of March to minimize disruption in case of a no-deal outcome. Owner BMW said its summer maintenance shutdown had been brought forward to 1 April to reduce any possible short-term parts-supply disruption.2 comments
The Catholic church in New York has reached a record US$ 27.5 million settlement with four men who said they were sexually abused as children, attorneys said on Tuesday. The Diocese of Brooklyn, one of the city's boroughs, agreed to make the payments to the four, who were sexually abused between 2003 and 2009 by their religion teacher, their lawyers said.3 comments
China and the United States plunged deeper into a trade war on Tuesday after Beijing added US$60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on US$200 billion worth of Chinese goods.1 comment