U.S. stocks rose for a second day in holiday-shortened trading as investors monitored the latest developments on the Congressional aid package, while the British pound strengthened after a post-Brexit trade accord agreement was reached.
A day after Britain and the European Union announced a narrow trade deal, Swiss media remain sceptical about its impact. The accord will preserve Britain's zero-tariff and zero-quota access to the bloc's single market of 450 million consumers but will not prevent economic pain and disruption for the UK or for EU member states.
For many people, 2020 has been a year they would like to forget. But it’s a year that will go down in Falklands history for one very positive reason.
Economic growth in China is expected to slow to 2% this year, before rebounding to 7.9% in 2021 as private investment and consumption heat up, a World Bank report released on Wednesday projected.
Soymeal manufacturers in Argentina presented late on Tuesday a proposal aimed at ending a two-week strike by oil and port workers unions that has thrown a wrench in the flow of agricultural exports from one of the world’s main bread baskets.
Colombia plans to launch a mass vaccination campaign against the novel coronavirus in February, President Ivan Duque announced. In an interview with a local radio station, Duque said a trial vaccination run could begin between this week and the first week of January.
United States soybeans climbed to six-year highs this week as weather and export troubles in Argentina outweighed concerns of a new coronavirus strain hitting Britain. Corn and wheat futures traded near even as soybeans supported the grains complex.
Brazilian financial analysts slightly upgraded their growth forecast for 2020, from a 4.41% drop in gross domestic product (GDP) to a 4.4% drop, the Central Bank of Brazil reported.
The European Union is making a “final push” to strike a Brexit trade deal with Britain, although there are still deep rifts over fishing rights, the bloc’s chief negotiator said on Tuesday.
Responding to calls from the leader of the Scottish Nationalists and the mayor of London, British Prime Minister Boris Johnson has said he will not make moves to extend the deadline to reach a post-Brexit deal with the European Union.