The credit rating agency Fitch lowered the prospects for Argentine sovereign debt to negative, arguing the overall weakness of the economy and an uncertain scenario for fiscal consolidation in coming years.3 comments
Automakers in Brazil last month notched their strongest sales in nearly four years, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.1 comment
Oil prices slipped on Wednesday, continuing a recent slide after surging U.S. crude output hit another record and domestic inventories rose more than expected. The U.S. Energy Information Administration (EIA) said domestic crude inventories rose 5.8 million barrels in the latest week, more than double analysts’ expectations.1 comment
The U.S. Commerce Department on Wednesday said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminum sheet products of 96.3% to 176.2%. The decision marks the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985.Add your comment!
The U.S. Commerce Department said it would begin a review of antidumping duties it placed last year on biodiesel imported from Argentina, the Argentine Foreign Ministry said in a statement on Wednesday.Add your comment!
The Brazilian central bank on Tuesday forecast that inflation is likely to peak in the second quarter of 2019 before easing towards its target, adding that underlying inflation was at “appropriate” levels.3 comments
The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.Add your comment!
Senior British ministers have agreed they want to reach a Brexit deal with the EU by the end of November, sources say. Everyone saw the difficulties of leaving it longer, a senior cabinet source told the BBC. Meanwhile, the BBC has seen a detailed suggested timetable of how the government could try to sell a deal to MPs and the public.Add your comment!
Growing concern in Spain about the consequences of Britain's withdrawal from the European Union, with or without a deal, and its impact on the country's strong fishing industry. The issue has been debated in Spain's congress.Add your comment!
Brazil's president-elect Jair Bolsonaro was supportive Monday of a pensions reform bill already in the Lower House which is expected to be passed into law before his inauguration January 1.1 comment