Economy

• Thursday, February 18th 2021 - 09:50 UTC

  Bondholders criticize Argentina erratic economic policies, subordinated to politics

  

  Creditors have criticized the current Argentine government of the country for what it describes as “erratic” economic policies claiming they are impeding growth and weighing on bond prices five months after the government restructured some US$ 65 billion in foreign bonds.

• Thursday, February 18th 2021 - 08:50 UTC

  Fearful of inflation Argentina claims consumer corporations are holding back production volumes

  

  With inflation far from target and increasing consumer prices, Argentina is investigating firms including Danone, Procter & Gamble, Fargo, miller Cañuelas, abattoir Paledini and Unilever, along with food producers like Bunge, accusing them of deliberately holding back production.

• Thursday, February 18th 2021 - 08:38 UTC

  Google agrees to pay Australian media news content, but Facebook blocks Aussie users

  

  Google apparently has struck deals with Australian media to pay for news content, but Facebook on Thursday blocked Australian users from sharing or viewing news content on the platform.

• Wednesday, February 17th 2021 - 08:48 UTC

  Majority of Europeans favor protection of Brazilian Amazon, before EU ratifies Mercosur trade deal

  

  A new poll shows that the grand majority of Europe’s people favors implementing effective protections of the Brazilian Amazon, ending deforestation there, before the EU agrees to ratify the free trade agreement with Mercosur (composed of Brazil, Argentina, Paraguay and Uruguay).

• Tuesday, February 16th 2021 - 09:02 UTC

  Argentina's October midterm elections condition IMF debt deal

  

  Argentina’s powerful vice-president Cristina Fernández de Kirchner and her allies in the leftwing administration want to postpone a crucial US$ 44bn debt deal with the IMF until the pandemic has eased, officials said, avoiding painful spending cuts before October’s midterm elections.

• Tuesday, February 16th 2021 - 08:10 UTC

  South Georgia is releasing a 50 pence coin to honor nurses and nursing values

  

  Following the success of the £2 coin issued on behalf of the Government of South Georgia and the South Sandwich Islands last year, Pobjoy Mint announced the new release of a 50 pence coin that bears a design reflecting the universal role of nurses and their nursing values.

• Friday, February 12th 2021 - 09:57 UTC

  Brazilian Central Bank communication triggers confusion in financial markets

  

  Brazil's Central Bank chief Roberto Campos Neto admitted on Thursday that the January interest fixing rate policy meeting release may have generated more confusion in financial markets, instead of more transparency in communications.

• Friday, February 12th 2021 - 09:49 UTC

  January inflation in Argentina, 4%, questioning government 2021 targets

  

  Argentina's Consumer Price Index, CPI rose in January for the second month running 4%, questioning the government's target of 30% inflation in 2021. In effect twelve-month inflation reached 38,5% in January, following on the 4% for December, according to the latest release from the country's stats office, Indec.

• Friday, February 12th 2021 - 09:44 UTC

  Brazil after an accountancy mechanism to extend pandemic emergency payments

  

  Brazilian economy minister Paulo Guedes announced on Thursday that pandemic emergency cash payments to the vulnerable will be extended, but with compensating cost-cutting measures to avoid bankrupting public finances.

• Friday, February 12th 2021 - 09:33 UTC

  UK/EU talks to overcome post Brexit frictions in Northern Ireland; Dublin pleads for calm

  

  Britain and the EU vowed on Thursday to resolve post-Brexit trade frictions over the Northern Ireland border in the wake of the UK's departure from the bloc. Northern Ireland was barely mentioned in the parliamentary debates prior to the 2016 Brexit referendum.