British trade minister Liam Fox has urged ministers from more than 30 Commonwealth countries to resist “seductive” trade protectionism on Thursday, eyeing the network of mostly former colonies as a way to boost post-Brexit trade.
United States companies added jobs at a great pace in February, with a notable shift away from the service-sector positions that have dominated hiring for years, according to a report released this week. Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody's Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
Brazil's central bank and finance minister denied a report that the government could raise taxes on foreign exchange transactions to help reach this year's fiscal target. Bloomberg News had reported the move was among the options being considered by the Brazilian government to meet its fiscal target, citing a source with direct knowledge of the issue.
Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion Reais (US$14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission lines. Temer said the program was key to restoring an attractive business environment as Brazil struggles to emerge from its worst-ever recession.
Brazil's fertilizer market, having recovered to set a fresh all-time high last year, will expand further in 2017, Fertilizantes Heringer said, as it unveiled a jump in corn nutrient volumes, but a fallback in sales to coffee growers.
Brazilian services activity contracted at the slowest pace in two years in February, contributing to signs that Latin America's economy may soon turn the corner on a deep recession. The Purchasing Managers Index (PMI) for Brazilian services, compiled by research firm Markit, rose to 46.4 in February from 45.1 in January, hitting its highest mark since March 2015.
Britain will not be able to hang on to the benefits of European Union membership once it has left, French president Francois Hollande has warned. Hollande, who leaves office in May, said the UK had made a “bad choice at a bad time” in voting for Brexit.
The Falklands population continues to grow, is generally better off, healthier and happy with the roof over their heads, than four years ago when the last Census was conducted. Maeve Daly, Statistics and Performance Officer of FIG’s Policy Unit presented the ‘headlines’ of the latest Census, at a Public Meeting last week.
United Kingdom Chancellor of the Exchequer Philip Hammond has signalled he will prioritise building up a Brexit safety net fund ahead of launching a spending spree in Wednesday’s Budget.
Brazil’s economic woes continue as the country’s worst-ever recession unexpectedly deepened at the end of last year. Gross domestic product contracted by 0.9% between October and December. For all of 2016 it dropped by 3.6%; almost as bad as in 2015 with a 3.8% slump. It was the eighth straight quarter of contraction.