Stories for September 2nd 2019

Monday, September 2nd 2019 - 09:56 UTC
Argentina imposes foreign-exchange controls to contain the run for dollars

Argentina on Sunday imposed foreign-exchange controls on exporters as it closed out a week of financial uncertainty that saw a sharp drop in the peso. Exporters were ordered to seek permission from the Central Bank of Argentina before purchasing foreign currency, according to a decree published in the Official Bulletin.
Monday, September 2nd 2019 - 09:54 UTC
Lula da Silva accuses Bolsonaro of stupidity and tarnishing Brazil's reputation

Ex Brazilian president Lula da Silva has accused the incumbent leader Jair Bolsonaro of “stupidity” and of been guided ideologically by someone that doesn't believe the world is round, all of which has thrown into the drain, the country's reputation.
Monday, September 2nd 2019 - 09:50 UTC
IMF supports Argentina and its temporary currency controls

The International Monetary Fund said it will stand by Argentina after the government authorized currency controls on Sunday in an about-face by President Mauricio Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner.
Monday, September 2nd 2019 - 09:49 UTC
US and China in a new round of additional tariffs; Beijing says Trump behaving as a “school bully”

China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, but U.S. President Donald Trump said the sides would still meet for talks later this month.
Monday, September 2nd 2019 - 09:40 UTC
Extreme right advances in German regional elections deepens ruling coalition division

Chancellor Angela Merkel's conservatives and her Social Democrat (SPD) coalition partners bled support to the far right in two state elections in eastern Germany on Sunday, dealing a double blow to her already unstable ruling alliance.
Monday, September 2nd 2019 - 09:32 UTC
Tens of thousands in UK cities protest the suspension of parliament

Tens of thousands of protesters hit the streets across the UK on Saturday to show their opposition to government moves to close parliament ahead of the Brexit deadline on October 31.
Monday, September 2nd 2019 - 09:30 UTC
Bolsonaro will undergo hernia surgery

Brazilian President Jair Bolsonaro will have surgery on a hernia that developed following previous operations after he was stabbed at a campaign rally a year ago, hospital authorities said.
Monday, September 2nd 2019 - 09:04 UTC
Germany asks the Polish people for forgiveness on the 80th anniversary of the outbreak of World War II

Germany’s president expressed on Sunday deep remorse for the suffering his nation inflicted on Poland and the rest of Europe during World War II, warning of the dangers of nationalism as world leaders gathered Sunday in the country where the war started at incalculable costs.
Monday, September 2nd 2019 - 08:57 UTC
EU reiterates: no changes to the divorce deal agreed with Britain

EU chief Brexit negotiator Michel Barnier said the bloc will not change the divorce deal agreed with Britain and that he is “not optimistic” of avoiding a no-deal outcome.
Monday, September 2nd 2019 - 08:39 UTC
Francis stamps his legacy: names 13 new “progressive on social issues” cardinals

Pope Francis appointed 13 new cardinals in a surprise move on Sunday, again putting his stamp on the future of a Church he wants to be more open as most of those named are considered progressive on social issues.