Stories for 2019

Friday, October 18th 2019 - 09:38 UTC
Credit Suisse will charge wealthy clients with large cash deposits

Credit Suisse will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on negative interest rates to customers. Individual and business customers will be charged a rate of -0.75per cent on cash balances above 2 million Swiss francs (US$2.02 million), Switzerland's second-biggest lender said. Balances of less than 2 million francs will be unaffected.
Friday, October 18th 2019 - 09:29 UTC
Humpback whales in the SW Atlantic total some 25.000, NOAA survey

One of the whale populations taken to the edge of extinction by commercial hunting in the early 20th Century has essentially recovered its numbers. It's estimated the humpbacks that frequent the southwest Atlantic once totaled perhaps 27,000 animals.
Friday, October 18th 2019 - 08:34 UTC
Bolsonaro family fighting for control of the party and its war chest, US$ 94 million

A push by Brazilian President Jair Bolsonaro to make his son the leader of his party in the lower house of Congress was rejected on Thursday, deepening a rift with party leaders that could further fragment the far-right firebrand's legislative base.
Thursday, October 17th 2019 - 15:25 UTC
UK and US raid “dark web” of child pornography: 337 arrests in 38 countries

UK and US authorities investigating a “dark web” child pornography site run from South Korea on Wednesday announced the arrest of 337 suspects in 38 countries. Britain's National Crime Agency (NCA) said the “Welcome to Video” site contained 250,000 videos that were downloaded a million times by users across the world.
Thursday, October 17th 2019 - 15:23 UTC
Thousands of protesting Dutch farmers laid siege to Parliament in The Hague

Thousands of tractor-driving Dutch farmers stepped up protests on Wednesday against the government's climate policies, prompting authorities to block off parliament with army vehicles. In the second national demonstration in three weeks against government plans to curb nitrogen emissions, farmers laid siege to the country's seat of power in The Hague, causing widespread travel disruption.
Thursday, October 17th 2019 - 15:01 UTC
China's hog production expected to bounce back to normal levels in 2020

China's hog production is expected to bottom out before the end of 2019 and recover to normal levels in 2020, an agriculture ministry official said on Thursday.
Thursday, October 17th 2019 - 09:56 UTC
Argentina has bent over to please the UK while gaining nothing in return

By Facundo Rodriguez (*) - It's now been three years since the British and Argentine governments signed the Foradori-Duncan agreement and committed to taking “appropriate measures to remove all obstacles limiting the economic growth and sustainable development” of the Falkland/Malvinas Islands.
Thursday, October 17th 2019 - 09:55 UTC
Brexit concerns blowing gale across nervous Falklands

The following piece on the Falklands and Brexit was distributed by the French news agency, AFP, both in English and Spanish. - It may be a remote archipelago 13,000km from mainland Britain but the Falkland Islands' incredible biodiversity, as well as fishing and meat exports, are under threat from Brexit.
Thursday, October 17th 2019 - 09:54 UTC
September inflation in Argentina reaches 5.9% and 53.5% in twelve months

Argentina consumer prices rose 5.9% in September, the country’s statistics agency said on Wednesday, the sharpest jump in a year amid a flaring economic crisis in Latin America’s no. 3 economy. That brought year-to-date inflation to 37.7%, the National Institute of Statistics and Censuses (INDEC) said, while rolling 12-month inflation was running at 53.5%.
Thursday, October 17th 2019 - 09:51 UTC
Brazil's Economy minister cancels trip to IMF assembly to ensure pension reform approval

Brazil’s Economy Minister Paulo Guedes has canceled a trip to the International Monetary Fund’s annual meeting (IMF) in Washington, to deal with his economic agenda, the ministry said on Wednesday, as the government’s pension reform plan winds its way through Congress.