Stories for November 2018

Friday, November 2nd 2018 - 09:03 UTC
Multilateral banks provide Argentina three loans totaling US$ 1.8 billion

The World Bank and the Inter-American Development Bank are providing Argentina with three loans totaling more than US$1.8 billion, aiming to help the country cope with financial difficulties and support citizens most at risk.
Friday, November 2nd 2018 - 09:01 UTC
Strong recovery of Argentine and Brazilian markets on signs of an improved Sino-US trade scenario

Latin American stocks soared on Thursday with Brazil shares touching an all-time high and Argentina's Merval stock index jumping 6,2%, as global risk appetite recovered on strong corporate earnings and signs that the Sino-U.S. trade war could be contained.
Friday, November 2nd 2018 - 08:56 UTC
Saudi Crown Prince told US, murdered writer Khashoggi was a dangerous Islamist

Saudi Crown Prince Mohammed bin Salman told the US he considered murdered writer Jamal Khashoggi to be a dangerous Islamist, media reports say. Prince Mohammed reportedly said this in a phone call with the White House after Khashoggi disappeared but before Saudi Arabia admitted killing him.
Friday, November 2nd 2018 - 08:51 UTC
US justice indicts Chinese individuals and companies for stealing US companies trade secrets

US justice department has indicted three individuals and two companies based in China and Taiwan for allegedly stealing a US company's trade secrets. This is the fourth economic espionage case the department has brought against Chinese-based companies and individuals since September.
Friday, November 2nd 2018 - 08:39 UTC
Brazilian federal authorities investigating obstruction of justice in killing of Rio councilwoman

Brazilian authorities said on Thursday they were investigating an alleged attempt to obstruct their investigation into the execution-style killing of an outspoken Rio de Janeiro councilwoman and her driver earlier this year.
Friday, November 2nd 2018 - 08:36 UTC
Bolsonaro backtracks in merging Agriculture and Environment a single ministry

Brazil’s President-elect Jair Bolsonaro said on Thursday his future administration may keep the agriculture and the environment ministries separate, backtracking from a proposal to combine the two that had alarmed environmentalists.
Friday, November 2nd 2018 - 08:31 UTC
Scotland remains strongly Remain and supports vote on a final Brexit deal

Almost two-thirds of Scots believe a second vote on Brexit would result in the UK voting to stay in the European Union, a new poll has found. Research by Survation found 64% found a so-called People’s Vote would reverse the result of the 2016 referendum.
Friday, November 2nd 2018 - 08:26 UTC
Raab and Brexit: Westminster accuses the minister of a “messy-U-turn”

There was confusion in Westminster over how close an overall Brexit deal may be after Dominic Raab hinted a deal could be done within weeks. Mr. Raab was accused of a “messy U-turn” after he indicated he expected an EU withdrawal deal finalized by November 21, only for his department to later insist there was no set date.
Friday, November 2nd 2018 - 08:18 UTC
Brussels and London play down speculation about a breakthrough in Brexit talks

Brussels and Downing Street have played down speculation about a breakthrough in Brexit talks. Reports that a Brexit deal could safeguard the City’s access to European Union markets led to an increase in the value of sterling.
Friday, November 2nd 2018 - 08:13 UTC
Bank of England leaves rates unchanged but warns on a no-deal Brexit scenario

Bank of England governor Mark Carney has warned interest rates could rise in the event of a no-deal Brexit if a cliff-edge withdrawal sends the pound into free fall. Mr. Carney said there are scenarios where policy “might need to be tightened in the event of a no deal, no transition Brexit”, should a plunge in the value of the pound cause inflation to surge and impact UK production.