Tag: economy

• Wednesday, November 27th 2019 - 09:55 UTC

  Alberto Fernandez renounces to IMF loan: “I want to stop asking for money”

  

  Argentina's president-elect Alberto Fernandez said on Tuesday he would renounce the remaining US$11 billion tranches of the country's International Monetary Fund loan as soon as he takes office next month.

• Tuesday, November 19th 2019 - 08:34 UTC

  Chile's GDP expands 3.3% in 3Q, but prospects for 4Q are discouraging

  

  Chile's gross domestic product grew 3.3 percent in the third quarter of 2019 compared with a year earlier, the central bank said on Monday. The market had predicted relatively strong growth during the July through September period, citing improving prospects for the country's all-important mining industry.

• Tuesday, November 19th 2019 - 06:38 UTC

  Global trade forecasted to remain “below trend” in fourth quarter, WTO

  

  The World Trade Organization said on Monday that growth in global goods trade is expected to remain “below trend” in the fourth quarter amid tensions and rising tariffs in key sectors.

• Thursday, November 14th 2019 - 18:23 UTC

  OECD report warns about the middle class “squeezed by the ultra rich”

  

  Middle-class families are seeing their incomes stagnating as they are squeezed by the ultra-rich taking a bigger slice, says an international report from the OECD economics think tank.

• Wednesday, November 6th 2019 - 09:10 UTC

  China will resume imports of Canadian beef and pork, PM Trudeau announces

  

  China has agreed to resume imports of Canadian beef and pork, Prime Minister Justin Trudeau announced on Tuesday, signaling a breakthrough in their tense relations.

• Friday, November 1st 2019 - 09:59 UTC

  Argentina: official transition with incoming administration takes off next week

  

  Argentina's official transition in anticipation of 10 December when elected president Alberto Fernandez takes office, is scheduled to begin next Wednesday when Fernandez returns from his first overseas trip to Mexico.

• Thursday, October 24th 2019 - 09:55 UTC

  Argentine markets concerned about what happens on Monday 28 October

  

  Argentine markets are set for another bout of nerves after the country holds a presidential election on Sunday, likely to confirm defeat for business-friendly President Mauricio Macri.

• Wednesday, October 23rd 2019 - 09:55 UTC

  Brazil approves pensions' reform: markets soar and stocks hit an all time high

  

  Brazil's Senate on Tuesday gave final approval to a landmark reform of the country's social security system, in a step seen as key to stabilizing public finances and the economy. The text was approved by a vote of 60-19.

• Tuesday, October 22nd 2019 - 09:50 UTC

  Argentine central bank has lost some US$ 19.500 million in reserves since 11 August 

  

  Argentine central bank international reserves stand at US$ 46.885 million following on Monday's rescue of different maturing bonds and support in the local market to help stabilize the price of the US dollar. This demanded some US$ 600 million.

• Friday, October 18th 2019 - 10:25 UTC

  China's economy grows at its slowest rate in three decades in the third quarter

  

  China's economy expanded at its slowest rate in nearly three decades in the third quarter, hit by cooling domestic demand and a protracted US trade war, official data showed on Friday.