Brazil's Finance Minister, Henrique Meirelles, said on Monday that he expects the economy to grow “at around 3%” in 2018. His statement was made a few minutes after a ministerial meeting at the Planalto Palace, at a time when the government is preparing itself to confront a new charge against President Michel Temer.
The Euro has hit US$1.20 for the first time since January 2015 as the prospect of a US interest rate rise recedes. Hurricane Harvey's impact has led analysts to assume the US central bank will not want to risk curbing economic growth and fears over North Korea's activities have unnerved investors.
The anti-whaling group Sea Shepherd has announced it will not intercept Japanese vessels in the Southern Ocean this season. The group's ships have confronted Japanese vessels off Antarctica each year since 2005.
Argentina ex-president Cristina Fernandez group “Citizens' Unity” obtained a significant 34.27% of votes cast in the August 13 PASO primary (open, simultaneous and mandatory) in the province of Buenos Aires to choose Senate candidates for the October 22 midterm election, according to the definitive vote count.
Mexico will not renegotiate the North American Free Trade Agreement or any other aspect of its relationship with the United States via social media or the press, the Mexican government declared Sunday.
Kezia Dugdale has resigned as the leader of the Scottish Labor, claiming it was time to “pass on the baton”. Ms Dugdale insisted she had not been forced to relinquish the role, despite claims supporters of Jeremy Corbyn wanted her out.
British Prime Minister Theresa May is in Japan for a round of trade and security talks. During her stay, the Mrs. May will hope to further along progress over an “ambitious” trade deal with Japan ready for when Britain quits the European Union.
European Commission president Jean-Claude Juncker has delivered a fresh rebuke to Theresa May over her Government’s handling of the Brexit process. He said official papers setting out the UK Government’s positions were not satisfactory and it was “crystal clear” that an “enormous amount” of issues needed to be settled before talks on a future trade deal could begin
Shared economic interests must be a priority in the Brexit negotiations, UK and German trade bodies have urged. The British Chambers of Commerce (BCC) and the Association of German Chambers of Commerce (DIHK) said uncertainty over “business critical” issues such as workers' rights, tax and customs arrangements needed to be tackled.
Norway's Statoil, STO and YPF announced an agreement to explore hydrocarbons in the Vaca Muerta shale. Under the terms of the agreement, Statoil will enter the Bajo del Toro license block with a 50% interest. YPF will retain a 50% share and will remain the operator.