Economy

Tuesday, November 2nd 2021 - 08:40 UTC
Not Yet on Track: Climate Threat Demands More Ambitious Global Action

By Kristalina Georgieva, IMF Managing Director – In 1785, Robert Burns reflected on how humanity has come to dominate our planet: “I’m truly sorry man’s dominion, has broken nature’s social union,” he wrote. The Scottish poet’s words still ring true two centuries later.
Monday, November 1st 2021 - 09:34 UTC
UK and France have yet to agree on de escalation of the fisheries dispute

The United Kingdom on Sunday disavowed a French announcement that PM Boris Johnson and president Emmanuel Macron had agreed to de-escalate a dispute over fishing rights. Earlier a French official has advanced that the two leaders had agreed to address the issue in a private meeting on the sidelines of the G20 summit in Rome.
Monday, November 1st 2021 - 08:55 UTC
Biden announces US-UE negotiating carbon-conscious trade agreement

As the Glasgow COP26 climate Summit was starting, US President Joseph Biden said from Rome that the United States and the European Union had agreed to negotiate “the world's first trade agreement based on how much carbon is in a product”.
Sunday, October 31st 2021 - 08:36 UTC
President Fernández says Argentina's debt a clear example of what is wrong

Argentine President Alberto Fernández Saturday underlined before the G20 Summit plenary in Rome that his country's debt with the International Monetary Fund (IMF) was “a clear example of what is wrong” in the international financial system.
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.