MercoPress. South Atlantic News Agency
Stories for July 17th 2018
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Tuesday, July 17th 2018 - 09:30 UTC
Brazilian market lowers 2018 economic growth to 1.5%, reveals central bank survey
Brazil's financial institutions on Monday reduced the 2018 economic growth forecast to 1.5%, half the initial estimate issued at the beginning of the year, according to the Central Bank weekly survey. The Focus Bulletin, which interviews analysts and economists from Brazil's financial market every Monday, the country's growth estimate was actually reduced from the previous week's 1.53%.
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Tuesday, July 17th 2018 - 09:30 UTC
Beijing/Washington trade dispute: China exports and surplus grow at solid pace
China’s trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.
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Tuesday, July 17th 2018 - 09:24 UTC
China's growth declines in second quarter; expanding government debt trims Beijing's credit rating
China's economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. The world's second-largest economy expanded by 6.7%, down from the previous quarter's 6.8%, the government reported Monday.
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Tuesday, July 17th 2018 - 09:03 UTC
Typhoon will remain the quick reaction alert fighter in UK and Falklands airspace
The U.K. has confirmed its commitment to the continued development of the Eurofighter program in accordance with its new Combat Air Strategy. The new doctrine was released by U.K. defense officials on Monday at the Farnborough International Air-show. The strategy indicates that the Eurofighter will be upgraded for decades to come, pending a replacement.
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Tuesday, July 17th 2018 - 08:52 UTC
Brazilian GOL Airlines expands fleet converting 30 Boeing 737 MAX 8 to MAX 10
Boeing and GOL Airlines announced that the Brazilian carrier is adding the newest and largest member of the 737 MAX family with a new contract that converts 30 current MAX orders to the 737 MAX 10. GOL also placed a new order for 15 more MAX 8 airplanes, growing GOL’s total MAX orders to 135. The Brazilian airline says the advanced airplanes will help GOL meet its commitment to further enhance operational efficiency by flying a young, modern and safe fleet.
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Tuesday, July 17th 2018 - 08:46 UTC
US launches five dispute actions in WTO challenging China, EU, Canada, Mexico and Turkey
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.
