Economy

• Monday, November 8th 2021 - 08:19 UTC

  Federal Reserve transparency: tough conflict of interest rules for Board members and senior staff

  

  The United States Federal Reserve Board announced a broad set of new rules that will prohibit the purchase of individual securities, restrict active trading, and increase the timeliness of reporting and public disclosure by Federal Reserve policymakers and senior staff.

• Saturday, November 6th 2021 - 09:59 UTC

  Brazil cuts down import tariffs to fight growing inflation

  

  In a move aimed at curbing inflation, Brazil Friday announced a 10% reduction of import tariffs on 87% of goods and services until December 31, 2022. Economy Minister Paulo Guedes now expects the other Mercosur countries to do the same.

• Saturday, November 6th 2021 - 09:50 UTC

  Arbeleche lists Uruguay's achievements before COP26

  

  Uruguay's Economy Minister Azucena Arbeleche has told the Energy Forum for the World Beyond Carbon, which was an event within Glasgow's COP26, that her country was one of the most prominent in terms of renewable energy.

• Saturday, November 6th 2021 - 09:44 UTC

  US markets soar on the October jobs' report and Pfizer's announcement of an anti coronavirus pill

  

  United States stocks closed the trading week at new records with NASDAQ hitting 16,000 points for the first time, following a strong jobs increase report from the US Labor Department.

• Saturday, November 6th 2021 - 09:38 UTC

  UK Overseas Territories in support of COP26 and marine biodiversity

  

  The Association of United Kingdom Overseas Territories has published a joint statement in support of COP 26 and its commitment to protecting 30% of the world's oceans by 2030. The UK and its OTs are described as the world's fifth-largest marine estate.

• Saturday, November 6th 2021 - 09:30 UTC

  October FAO's food price index at its highest since July 2011

  

  The world food price barometer surged to a new peak reaching its highest level since July 2011, the Food and Agriculture Organization of the United Nations (FAO) reported.

• Friday, November 5th 2021 - 18:29 UTC

  CAF, World Bank to join efforts financing climate actions

  

  Latin America's Development Bank CAF and the World Bank’s Latin America and the Caribbean Region have pledged at COP-26 to join efforts to implement climate action strategies throughout, Latin America and Caribbean (LAC) countries, it was announced Friday.

• Friday, November 5th 2021 - 09:30 UTC

  Third month of Chinese ban on Brazilian beef; speculations as to commercial or technological motives

  

  Brazil's beef exports plummeted during October as a consequence of the ban on purchases from its main client, China. Last October sales dropped to 82,180 tons compared to 162.880 a year ago, according to Secex, Brazil's foreign trade secretariat.

• Friday, November 5th 2021 - 09:29 UTC

  Argentine Central Bank takes action to keep exchange rate under control

  

  Argentina's Central Bank (BCRA) Thursday ordered banking institutions nationwide not to increase their holdings in foreign currency until the end of the month, amid a market pressure on the exchange rate.

• Friday, November 5th 2021 - 09:15 UTC

  More Brazilians in debt amid growing inflation

  

  Brazil's economic crisis has led to an unprecedented number of households being unable to repey their debts, it was reported Thursday.