Brazilian President Jair Bolsonaro praised his Economy Minister Paulo Guedes as the “anchor” of his government, in an attempt to quash speculation of a deepening division between the two after Bolsonaro last week ousted Petrobras CEO triggering a plunge in markets.Add your comment!
Argentine justice despite its disrepute has inflicted a mighty blow to the dominant force of the country's political system since 2003, the Nestor and Cristina Kirchner couple, currently headed by the widow Cristina Fernandez de Kirchner.Add your comment!
Argentina’s economic activity was down 10% during 2020 after falling 2.2% in December versus a year earlier, but better than the average fall analysts forecasted and that the initial government projections.Add your comment!
Spain's renewable energy group Abengoa SA filed for insolvency late on Monday, after its latest attempt to restructure its debts fell apart. The parent company of the renewable-energy producer, which is the entity that filed for insolvency, had around 1 billion Euros of liabilities in 2019.Add your comment!
The United States Conference of Catholic Bishops and an alliance of faith groups urged President Joe Biden on Tuesday to back a big boost in the International Monetary Fund's (IMF) emergency reserve funds to help poor countries devastated by the coronavirus pandemic.Add your comment!
The United Kingdom is set to spend billions of pounds in extra support for the economy over the next four months, as pandemic curbs pushed unemployment to its highest level of almost five years. The chancellor of the exchequer Rishi Sunak will set out the details in his Mar 3 budget.Add your comment!
Brazil should only begin free trade talks with Indonesia if it adopts recommendations made by a World Trade Organization panel in 2017 after a dispute over halal chicken, Brazil's meat lobby ABPA said in a letter sent to three government ministries.Add your comment!
A survey from the prestigious Getulio Vargas foundation showed that Brazilian industrial confidence fell in February for a second consecutive month, further evidence that the economy is losing steam and could even contract in the first quarter.Add your comment!
There is no chance at the moment that France will ratify a free-trade deal between the European Union and the Mercosur group, an official at the presidential palace in Paris said on Monday.Add your comment!
Boeing has called for the grounding of 128 of its 777 planes across the world as US regulators investigated a United Airlines flight whose engine caught fire and fell apart over a suburban area of Denver in Colorado State.Add your comment!