Economy

• Friday, October 22nd 2021 - 09:44 UTC

  Brazil's Economy Minister shakes markets with unexpected announcement

  

  Economy Minister Paulo Guedes' announcements Thursday shook Brazilian markets after the official admitted he might not meet the public spending ceiling.

• Thursday, October 21st 2021 - 19:36 UTC

  The three Ms attracting Argentines fed up with the uncertainty of their country

  

  Argentines fed up with political instability, financial disorder, pandemic restrictions and growing taxes in their country are in increasing numbers moving or thinking about a new residence and have a preference for one of three Ms.

• Thursday, October 21st 2021 - 19:29 UTC

  The president of powerful Bundesbak resigns after ten years in the post

  

  The president of the all-powerful German central bank, Bundesbank Jens Weidmann announced he will be resigning from the position he has held since 2011, on 31 December 2021, for personal reasons. “I have come to the conclusion that more than 10 years is a good measure of time to turn over a new leaf – for the Bundesbank, but also for me personally,” Weidmann wrote in a letter to the Bank's staff.

• Thursday, October 21st 2021 - 09:00 UTC

  China deals blow to Brazilian economy by holding import ban on meat

  

  China's decision to uphold a ban on meat imports from Brazil means US $ 450 million less for the coffers of President Jair Bolsonaro's administration, it was reported Wednesday. It was also good news for Uruguay.

• Thursday, October 21st 2021 - 08:55 UTC

  Falklands Election: Mark Pollard and Stacy Bragger after reelection

  

  The Falkland Islands Election is scheduled for Thursday, November 4th. So far MP has published the manifestos of the four candidates for the three benches corresponding to the Camp Circumscription in the Legislative Assembly.

• Thursday, October 21st 2021 - 08:55 UTC

  UK and New Zealand seal free trade agreement; next step Trans-Pacific Partnership (CPTPP)

  

  A comprehensive trade agreement with New Zealand will cut red tape for businesses, end tariffs on UK exports and create new opportunities for tech and services companies while making it easier for UK professionals to live and work in New Zealand.

• Wednesday, October 20th 2021 - 22:55 UTC

  New world record for cryptocurrencies as Bitcoin soars past US $ 65,000

  

  Bitcoin, the world's most famous cryptocurrency, Wednesday set a new record as it breezed past the US $ 65,000 threshold at 9:43 a.m. Eastern time to ultimately reach the US $ 66,900 about an hour later, it was reported.

• Wednesday, October 20th 2021 - 09:25 UTC

  Brazilian markets plummet on new money support program that ignores budget expenditure cap

  

  Contrary to optimism in world markets, shares in Brazil dropped 3,28% on average following news of a new “Brazil Auxilio” program intended to give monetary support to some 17 million families described as vulnerable or suffering the consequences of Covid-19. But to achieve this the budget cap on expenditure must be violated or hidden behind some accounting cosmetics.

• Wednesday, October 20th 2021 - 09:20 UTC

  Argentine food prices grow below overall inflation

  

  Argentina's basic food basket rose 3.2% in September, according to data released Tuesday by the National Institute of Statistics and Census (Indec).

• Wednesday, October 20th 2021 - 09:05 UTC

  Brazil impatient as China has yet to return to purchase beef

  

  Brazil's minister of agriculture and livestock Tereza Cristina has sent a letter to the head of Beijing's Customs office in which she expresses her willingness to discuss the current ban on Brazilian beef exports to China, according to farm media.