Stories for July 2018

Saturday, July 21st 2018 - 08:20 UTC
EC warns 27 members to prepare for “significant disruptions” after Brexit

The European Commission has issued a warning to governments, businesses and citizens in the 27 remaining EU states to prepare for “significant disruption” as a result of Brexit.
Saturday, July 21st 2018 - 08:10 UTC
From Belfast PM May calls on the EU to prevent a hard border in Ireland

British Prime Minister Theresa May on Friday called on the European Union to strike a new deal to prevent a hard border in Northern Ireland and demanded Brussels quickly respond to her 'white paper' plan to avoid a damaging no-deal Brexit.
Saturday, July 21st 2018 - 07:59 UTC
Trump “not happy” with the Federal Reserve recent interest rate increases

President Donald Trump cast aside concerns about the Federal Reserve’s independence, saying he was “not happy” with the Fed’s recent interest rate increases. Trump told CNBC in an interview: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.”
Saturday, July 21st 2018 - 07:51 UTC
EU finds some “good points” in PM May's post Brexit blueprint, but clarifications are needed

The EU's top negotiator Michel Barnier expressed doubts on Friday Jul 20 over Britain's new Brexit blueprint for future trade ties with the European Union, as he called for “rapidly” settling outstanding issues like the Irish border.
Saturday, July 21st 2018 - 07:43 UTC
Capital flight from emerging economies will be on the G20 table, anticipate Brazilian sources

At this weekend's G20 meeting in Buenos Aires, finance ministers and central bankers will address the economic situations threatening a number of emerging markets -- including host nation Argentina, which recently secured a US$50 billion IMF loan to try to stabilize its economy, after the peso plunged 35% between April and June.
Saturday, July 21st 2018 - 07:36 UTC
US Food and Drug administration announces recall of several drugs containing Valsartan

The United States Food and Drug Administration said that Prinston Pharmaceutical Inc. dba Solco Healthcare LLC. is recalling all lots of Valsartan Tablets, 40 mg, 80mg, 160mg, and 320mg; and Valsartan-Hydrochlorothiazide Tablets, 80mg/12.5mg, 160mg/12.5mg, 160mg/25mg, 320mg/12.5mg, and 320mg/25mg to the retail level.
Saturday, July 21st 2018 - 07:05 UTC
Global trade conflicts and protectionism in G20'agenda meeting in Buenos Aires

Global trade conflicts triggered by the protectionist policies of US President Donald Trump are set to dominate this weekend's meeting of Group of 20 finance ministers in Buenos Aires.
Friday, July 20th 2018 - 10:47 UTC
Peru shocked at the extent of corruption in the Judicial branch; head Justice resigns

The head of Peru's judicial branch resigned on Thursday in the wake of a mounting corruption scandal involving secret phone recordings capturing numerous judges making behind-the-scenes deals on everything from promotions to criminal sentences.
Friday, July 20th 2018 - 10:32 UTC
EU/Mercosur trade deal has a new timetable: September in Montevideo

A free trade agreement between the European Union and Mercosur is close to being concluded, with a final push over the line seen by early September, Argentina’s foreign minister said on Thursday. Negotiations between the EU and the Mercosur group of Argentina, Brazil, Paraguay and Uruguay, the world’s fourth largest trading bloc, have been going on for almost 20 years.
Friday, July 20th 2018 - 10:25 UTC
Brazilian parties begin round of conventions to turn presidential hopefuls in candidates

While Brazil’s definitive constellation of political coalitions remains uncertain, political parties start holding their national conventions this Friday (July 20), to name their presidential candidates for the October elections.