Stories for July 2018

Thursday, July 19th 2018 - 08:03 UTC
UK inflation remained unchanged in June at 2.4%

The cost of fuel rose to its highest level in almost four years last month and held up the rate of inflation in the UK, according to the Office for National Statistics.
Thursday, July 19th 2018 - 07:50 UTC
Brazilian Real and Argentine Peso lose ground against the dollar

Latin American currencies fell against the dollar across the board on Wednesday as traders continued to focus on recent statements by key U.S. monetary policy makers.
Thursday, July 19th 2018 - 07:44 UTC
Macri offers optimistic forecast of Argentine economy, pledging growth will return next year

Argentina’s economy will return to growth in 2019, President Mauricio Macri said on Wednesday, following a year marked by higher-than-expected inflation and a run on the Peso currency that many economists anticipate will lead to a recession.
Thursday, July 19th 2018 - 07:36 UTC
Measles epidemic in northern Brazil linked to exodus of Venezuelans

Brazil's Health Ministry says at least 744 people have been infected with measles in a growing outbreak linked to cases imported from neighboring Venezuela.The total includes 67 indigenous Venezuelans and Brazilians.
Thursday, July 19th 2018 - 07:20 UTC
Corbyn on Brexit: “the government has sunk in a mire of chaos and division”

British Prime Minister Theresa May faced claims from her backbenchers of deciding “Brexit means Remain” before Jeremy Corbyn slammed the “war” raging inside the Conservative Party. Mrs May was confronted by Leave-backing Tory Andrea Jenkyns at Prime Minister’s Questions, who questioned why the Government had backed away from its “Brexit means Brexit” approach.
Thursday, July 19th 2018 - 07:07 UTC
Ireland frustrated with UK's Brexit shifting position and “confusion” signals

Ireland and the EU are very frustrated at the UK Government’s shifting positions on Brexit, the country’s deputy premier has said. In a special Brexit meeting taking place at Derrynane House in Co Kerry, Taoiseach Leo Varadkar and his ministers will thrash out Brexit plans at the ancestral home of Irish political leader Daniel O’Connell.
Thursday, July 19th 2018 - 04:37 UTC
Google fined 2.42bn Euros by the European Commission for abuse of power

Google has been fined 2.42bn Euros by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results. The amount is the regulator's largest penalty to date against a company accused of distorting the market.
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.