The Ministry of the Interior of Peru has announced that as of the dawn of next Saturday, August 25, Venezuelans will be required to present their passport to be admitted to the country. This measure coincides with that taken by Ecuador this week when it reached record figures in the entry of Venezuelan citizens in that country. The National Superintendency of Migrations of Peru recorded last Saturday the largest number of Venezuelan citizens who entered the country in a single day: more than 5,100.Add your comment!
The International Monetary Fund (IMF) expects Argentina’s government debt to peak by the end of 2018 and then fall as the country cuts its deficit as part of its US$50 billion deal with the Fund, according to a document published.
President Mauricio Macri, First Lady Juliana Awada and members of his cabinet attended on Monday, 9 July, the Argentine Independence Day celebrations in the Tucuman Historic House, where 202 years ago the emerging nation cut all ties as a Spanish colony.
Argentina will need to raise a net US$ 8 billion in the domestic debt market in 2019 to meet financing needs that include a US$ 7.4 billion primary deficit and US$ 25 billion in debt principal and interest payments, according to a Treasury Ministry document.
The truck drivers' strike which paralyzed Brazil's trade and supply for about 10 days in May had a significant effect on the country's economy, its central bank reported on Monday.
Latin American stocks and currencies mostly fell on Monday as the trade dispute between the United States and other leading economies worsened, but central bank intervention kept the Brazilian real steady.
Airbus has warned it could leave the UK if the country exits the European Union single market and customs union without a transition deal. The European plane maker said the warning was not part of project fear, but its dawning reality. Airbus employs about 14,000 people at 25 different sites in the UK.
Global index compiler MSCI is considering including Argentina and Saudi Arabia in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday, and could potentially announce candidates that may join its indexes in future.
Global Times Editorial
The Trump administration announced tariffs on Chinese high-tech and industrial imports worth of US$50 billion. The first round, on imports totaling US$34 billion, will begin July 6, while the second round is still under review.
The Russian economy is expecting to get a significant financial boost from an increased tourist flow during the FIFA World Cup, the Russian Ministry of Economic Development said. “According to our estimates, foreigners will spend over 100 billion rubles (US$1.6 billion) during the World Cup in Russia,” Minister of Economic Development Maxim Oreshkin told Sovetsky Sport newspaper.