MercoPress. South Atlantic News Agency
Stories for August 2nd 2017
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Wednesday, August 2nd 2017 - 20:33 UTC
Euro zone unemployment falls to its lowest since February 2009; inflation remains below 2%
The unemployment rate in the Euro zone has fallen to its lowest since February 2009, according to the latest official figures. The rate dropped to 9.1% last month, from a downwardly revised 9.2% in May. Separately, inflation remained unchanged in July at 1.3%, according to a preliminary estimate from Eurostat, the European Union's statistics office.
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Wednesday, August 2nd 2017 - 08:36 UTC
Lord Hague supports Hammond for pushing for a Brexit transitional deal
Philip Hammond has been backed by former Tory leader Lord Hague amid ongoing Cabinet tensions about the approach to Brexit. The ex-foreign secretary said the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels, giving time for a new trading relationship to be established and avoiding turning Brexit into a “disaster”.
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Wednesday, August 2nd 2017 - 07:59 UTC
The Buenos Aires Herald, part of Argentina's history folds after more than 140 years
The Buenos Aires Herald, a long established English-language newspaper lauded for its coverage of Argentina's 1976-1983 military dictatorship, will close after more than 140 years of publication, the newspaper said late on Monday.
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Wednesday, August 2nd 2017 - 07:33 UTC
Hammond begins round of trade and political talks in Argentina
The Chancellor of the Exchequer begins on Wednesday a round of trade, investment and political contacts in Argentina, following a two day visit to Brazil, as part of a tour of South America's biggest economy. It will be the most important visit of a British cabinet minister in over sixteen years to Argentina.
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Wednesday, August 2nd 2017 - 07:12 UTC
To save or not to save Temer, Brazilian lawmakers' challenge in an televised live vote on a bribery charge
August has been a devastating month for Brazilian presidents, 31 days in which they have been impeached or resigned. One even committed suicide, Getulio Vargas in 1954, and for Michel Temer's own predecessor, ex president Dilma Rousseff, it was her demise when she was removed last Aug. 31 for breaking fiscal rules in her management of the budget.
