Economy

Wednesday, October 28th 2020 - 09:30 UTC
Dollar strapped Argentina does not discard further financial support from IMF

The Argentine representative before the International Monetary Fund, IMF, Sergio Chodos, admitted that it could be necessary for further financing from the IMF, with which Argentina is in the process of renegotiating conditions for the return of the US$ 44 billion loaned to the previous government of ex-president Mauricio Macri.
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Wednesday, October 28th 2020 - 09:19 UTC
Bolsonaro “transformative” reforms' goal for Brazil, with a 3,5% average growth during a decade

Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.
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Saturday, October 24th 2020 - 09:25 UTC
Argentina loves the dollar and has total aversion for its own currency

Argentina’s battle to control its currency is upending South America’s second-largest economy, wreaking havoc on everything from household finances to the production and sale of common goods.
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Saturday, October 24th 2020 - 08:55 UTC
Argentine bondholders claim government economic policies undermine investor confidence

Argentine bondholder groups slammed the government over economic policies they said were undermining investor confidence in the country, which emerged from a sovereign default in September after a US$ 65 billion restructuring.
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Saturday, October 24th 2020 - 08:52 UTC
Argentine Congress discussing fiscal incentives to prop the construction industry

Argentina´s economy ministry said it had sent the country´s Congress a bill to spur construction activity through tax and fiscal incentives, an effort to create jobs and boost investment in an economy ravaged by the coronavirus pandemic.
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Saturday, October 24th 2020 - 08:42 UTC
Chileans vote on Sunday to amend a constitution which has meant stability but also elitism and privilege

Chileans will go to the polls on Sunday to vote on whether they want to swap a constitution written during the Pinochet dictatorship with a new document written by a specially elected citizens' body.
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Thursday, October 22nd 2020 - 09:28 UTC
Colombian organizations take over the center of Bogotá to protest against government

Protesters filled a historic square in Colombia’s capital on Wednesday to demonstrate against the government’s handling of a wide range of issues including the economic fallout of the pandemic and implementation of the peace accord.
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Thursday, October 22nd 2020 - 09:04 UTC
US Export-Import bank signs deal to finance US$ 1 billion in trade with Brazil

Brazil and the United States signed a memorandum of understanding to forge closer trade links, a step that could see U.S. Export-Import Bank finance up to US$1 billion of exports to and projects in the Latin American nation.
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Thursday, October 22nd 2020 - 08:49 UTC
UK/EU will resume post Brexit talks on Thursday: billions of dollars in trade at stake

Britain will resume talks with the European Union on Thursday, marking a new push by the two sides to protect billions of dollars worth of trade from the beginning of next year.
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Thursday, October 22nd 2020 - 08:28 UTC
Britain's record borrowing because of Covid-19; total public debt 103,5% of GDP

Britain’s government borrowing in the first half of the financial year was more than six times higher than before the COVID pandemic, official figures showed on Wednesday, taking public debt to its highest since 1960.
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