Economy

Thursday, July 9th 2020 - 08:55 UTC
Federal Reserve officials raise doubts about US recovery durability

Federal Reserve officials raised fresh doubts on Wednesday about the durability of the U.S. recovery, while new business surveys highlighted developing risks from the relentless coronavirus pandemic.
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Thursday, July 9th 2020 - 08:41 UTC
Surprise, surprise, Mexicans favor closer ties with United States

More Mexicans have warmed to the idea of closer ties with the United States just as President Andres Manuel Lopez Obrador lines up his first meeting with US counterpart Donald Trump, a poll showed on Wednesday.
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Thursday, July 9th 2020 - 07:49 UTC
Can Brexit Britain keep its word to three million Hong Kongers

By Gwynne Dyer – ”We will grant British National Overseas (BNOs) five years' limited leave to remain (in the United Kingdom), with the right to work or study,“ British Foreign Secretary Dominic Raab told the U.K. parliament on July 1. ”After five years, they will be able to apply for settled status. After a further twelve months with settled status, they will be able to apply for citizenship.”
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Wednesday, July 8th 2020 - 08:38 UTC
IMF praises Argentina's latest debt offer to creditors

A spokesperson for the International Monetary Fund said on Tuesday that Argentina’s latest debt offer to its creditors is “an important step” in the restructuring process.
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Wednesday, July 8th 2020 - 06:47 UTC
Mexican auto industry started to recover in June but still is far from 2019 figures

Mexico’s auto production and exports picked up steam in June from a month earlier but were down sharply versus a year earlier, official data showed on Tuesday, as carmakers reopened plants from their coronavirus-induced shutdown.
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Wednesday, July 8th 2020 - 06:35 UTC
Britain prepared to leave the EU in terms similar to Australia, Johnson tells Merkel

Britain is prepared to leave the European Union on the same terms as Australia has with the bloc if it cannot agree on a future trading deal, Prime Minister Boris Johnson told Germany's Angela Merkel in a telephone call on Tuesday.
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Tuesday, July 7th 2020 - 10:00 UTC
Chilean aid package to help keep the ailing middle class afloat

Chilean President Sebastian Piñera announced on Sunday a new US$ 1.5 billion package of measures to help keep the country´s ailing middle class afloat as the coronavirus pandemic continues to ravage the economy of the world´s top copper producer.
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Tuesday, July 7th 2020 - 09:44 UTC
Trade development agreement between Venezuela and Turkey becomes effective August 21

A new trade deal between Turkey and Venezuela, officially titled “Trade Development Agreement,” will enter into force on August 21, the Turkish T24 news website said on Saturday.
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Tuesday, July 7th 2020 - 09:41 UTC
Trudeau will miss mini summit in White House with Trump and Lopez Obrador

Canadian Prime Minister Justin Trudeau will not visit Washington with Mexico’s president this week to celebrate a new North American trade deal, his office said on Monday, after Canada raised concerns over potential U.S. aluminum tariffs.
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Tuesday, July 7th 2020 - 09:35 UTC
Brazil automakers expect sales to reach pre coronavirus levels in 2025

Brazil’s automakers association said on Monday it only expects auto sales to recover to pre-coronavirus levels in 2025, discarding the possibility of a V-shaped recovery and taking on a grim view for the industry.
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