Economy

• Sunday, October 31st 2021 - 08:27 UTC

  Bolsonaro keeps domestic agenda in mind while in Rome for G20 Summit

  

  Brazil's President Jair Bolsonaro was harshly critical Saturday of the recent Brazilian Stock Exchange movements and said he had a Plan B in case the Lower House does not agree on budget proposals recently put forward by the Executive.

• Sunday, October 31st 2021 - 08:16 UTC

  G20 agrees on global taxation reforms - COVID vaccines also discussed

  

  World leaders at the G20 Summit in Rome Saturday agreed on the global minimum tax (15%), which 136 countries had previously endorsed, it was announced.

• Saturday, October 30th 2021 - 09:30 UTC

  Argentine President ready to start official agenda in Rome

  

  Argentina President Alberto Fernández landed Friday in Rome for the G20 Summit. But while at the Italian capital he will also have other engagements, such as a meeting with International Monetary Fund chief executive Kristalina Georgieva to further discuss repayment of the country's US $ 44 billion debt.

• Friday, October 29th 2021 - 11:46 UTC

  Brazilian minister expects reopening of China beef market: negotiations in final phase

  

  Brazil's Minister of Agriculture, Tereza Cristina, denied that diplomatic relations with China are strained and said that she does not see the continuation of the Chinese ban on Brazilian beef, which has lasted for nearly two months, as a political act.

• Friday, October 29th 2021 - 09:49 UTC

  Chile: 60% of people in favour of impeaching Piñera over Pandora Papers

  

  An Ipsos survey released Thursday has shown that 60% of Chileans were in favour of launching the impeachment process against President Sebastián Piñera for the obscure deals for which his name ended up included in the so-called Pandora Papers investigations.

• Friday, October 29th 2021 - 09:00 UTC

  Argentine Central Bank wants tourists to exchange money through formal channels

  

  As borders are about to reopen and tourists are expected to pour in, Argentine authorities have devised a mechanism whereby foreigners may exchange currency (US dollars) at a rate closer to the unofficial (“blue”) one.

• Friday, October 29th 2021 - 08:45 UTC

  Argentina: Paraguayan guaraní becomes hard currency in the absence of US dollar bills

  

  The demand for Paraguayan guaranís in the Argentine province of Misiones has been developed as desperate locals are unable to find US dollar bills with which to protect their savings from rampant devaluation and growing inflation, it was reported.

• Thursday, October 28th 2021 - 09:55 UTC

  Brazil's Central Bank increases Selic rate above expectations

  

  Brazil's Central Bank (BCB) Monetary Policy Committee (Copom) decided once again Wednesday to increase the basic Selic interest rate from 6.25% to 7.75% annually, in what turned out to be the sharpest rise since December 2002, it was announced.

• Thursday, October 28th 2021 - 09:20 UTC

  COP26 Finance Delivery Plan still short of the US$ 100bn agreed by developed countries

  

  The UK COP26 Presidency has published a Climate Finance Delivery Plan to provide clarity on when and how developed countries will meet the US$ 100 billion climate finance goal pledged.

• Thursday, October 28th 2021 - 09:08 UTC

  France takes action against British trawlers as tension escalates

  

  French naval authorities have detained one British trawler and issued a verbal warning against another for operating off its coast, the Maritime Ministry announced.