Stories for July 18th 2018

Wednesday, July 18th 2018 - 09:06 UTC
European business lobby urges Brussels to accelerate trade talks with Mercosur

European companies are urging the European Union to accelerate trade negotiations with Mercosur bloc, in a sign of concern that the 20-year talks could once again fall dormant if they do not reach an accord this week.
Wednesday, July 18th 2018 - 08:02 UTC
Golden siblings and “Princess Charlotte effect” on the UK economy

Britain's Prince George, 4, and Princess Charlotte, 3, aren’t literally in a competition, but when it comes to overall influence, Charlotte has an edge—and it has to do with her impact on the British economy. As it turns out, George and Charlotte are making huge financial waves just by being their cute little selves.
Wednesday, July 18th 2018 - 07:38 UTC
Argentina consumer prices rose 3.7% in June and reach 29.5% in twelve months

Consumer prices rose 3.7% in June in Argentina, official data showed on Tuesday. That brought 12-month inflation to 29.5%, up from 26.3% in the 12 months through May, the INDEC national statistics bureau announced, which makes it the highest monthly recorded figure of the last two years.
Wednesday, July 18th 2018 - 07:33 UTC
Jerome Powell admits trade policy could complicate Fed's forecasts

A trade war with China, the European Union and other trading partners is casting some doubts about the U.S. economic future, Federal Reserve Chairman Jerome Powell said on Tuesday. And the longer it goes, the more potential harm it could cause, Powell told the Senate Banking Committee at a hearing about the Fed's monetary policy and the economy.
Wednesday, July 18th 2018 - 07:12 UTC
Ortega determined to quell rebellious Masaya by Thursday, Sandinista Liberation Day

Nicaraguan national police and armed pro-government civilians laid siege to a symbolically important neighborhood that has recently become a center of resistance to President Daniel Ortega's government. Government forces began advancing on the Monimbo neighborhood in the city of Masaya before dawn Tuesday.
Wednesday, July 18th 2018 - 07:03 UTC
Argentine football team coach steps down following “mutual consent” with AFA

The Argentine Football Association (AFA) quietly announced that it had parted company with coach Jorge Sampaoli by “mutual consent,” following the national team's poor campaign in Russia.“Today the Argentine Football Association and Jorge Sampaoli agreed by mutual consent to bring to an end his position as head of the national team,” AFA said in a statement.
Wednesday, July 18th 2018 - 06:50 UTC
“Transitional justice system” to help end Mexico's drugs war, anticipates president elect Lopez Obrador

Mexican President-elect Andres Manuel Lopez Obrador has given his future interior minister “carte blanche” to explore the possibility of legalizing drugs in a bid to curb violent crime, she said on Tuesday.
Wednesday, July 18th 2018 - 06:36 UTC
Japan-EU sign wide ranging free trade deal, representing 33% of global GDP

Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by US President Donald Trump.
Wednesday, July 18th 2018 - 06:13 UTC
Theresa May survives Tory pro-EU coup by six votes; Ex PMs Tony Blair and John Major call for second referendum

British Prime Minister Theresa May has narrowly survived another crunch Brexit vote in parliament, as she struggles to unify her divided party around her strategy for leaving the European Union.