Economy

• Tuesday, December 15th 2020 - 09:00 UTC

  A third of the world population with no government aid during the pandemic, Oxfam

  

  More than a third of the world's population - some 2.7 billion people - has not received government aid during the coronavirus pandemic, Oxfam said on Tuesday, with gaping differences between rich and poor countries.

• Tuesday, December 15th 2020 - 08:58 UTC

  Honduras claims two hurricanes caused damage equivalent to half its GDP

  

  Hurricanes Eta and Iota have caused about US$10 billion in damages in Honduras and affected more than 4 million people, the Central American country's foreign minister said on Monday as he called for international support.

• Tuesday, December 15th 2020 - 08:29 UTC

  Long food queues in Italy's financial capital and richest city of the country

  

  Long queues have been forming outside food banks and help centers in Italy's financial capital Milan as the economic devastation caused by the coronavirus has deepened before Christmas.

• Monday, December 14th 2020 - 09:31 UTC

  London and Brussels agree on an “extra mile” after an elusive post-Brexit deal

  

  London and Brussels agreed to “go the extra mile” in coming days to try to reach an elusive trade agreement despite missing their latest deadline to avert a turbulent ‘no deal’ exit for Britain from the European Union’s orbit at the end of the month.

• Monday, December 14th 2020 - 09:30 UTC

  Four Royal Navy patrol ships ready as of January to protect UK's fishing waters

  

  The British Ministry of Defense said four Royal Navy patrol ships will be ready on Jan 1 to help protect Britain’s fishing waters in the event of a post Brexit no deal.

• Saturday, December 12th 2020 - 09:59 UTC

  UK and Brazil to boost economic relationship

  

  The UK and Brazil made agreements on financial services, taxation, sustainable growth and Green Finance, helping to boost jobs and investments for UK companies. The fourth Economic and Financial Dialogue (EFD) between the UK and Brazil on 10 December 2020 saw the Chancellor, Rishi Sunak, and the Brazilian Economy Minister Paulo Guedes, meeting to build further economic ties between the two countries. They were joined by central bank Governors and heads of financial sector regulators.

• Saturday, December 12th 2020 - 09:41 UTC

  Guedes confident Brazil can help the vulnerable and ensure the spending cap

  

  The Brazilian government has the financial tools to support some of the country’s most vulnerable people next year without threatening the spending cap, its most important fiscal anchor, Economy Minister Paulo Guedes said on Friday.

• Friday, December 11th 2020 - 09:55 UTC

  Boris Johnson assures he will raise the Falklands' issue at the EU

  

  UK Prime Minister Boris Johnson has promised he will raise the matter of the Falklands fishery in the European Union after Labour MP Derek Twigg made representations on behalf of the Islands at Prime Minister’s Question Time on Wednesday.

• Friday, December 11th 2020 - 09:40 UTC

  PM Johnson vowed to go 'an extra mile' for a Brexit deal, but also tells UK to prepare for a crash out of EU

  

  Prime Minister Boris Johnson on Thursday vowed to go the “extra mile” for a Brexit trade deal but instructed his government to prepare for Britain to crash out of the European Union’s single market at the end of this year.

• Friday, December 11th 2020 - 09:26 UTC

  Indigenous communities stall Ecuador's most ambitious copper mining project

  

  Conflicts with indigenous communities have stalled operations at Ecuador's San Carlos Panantza copper mining project, which the government of President Lenin Moreno had long pointed to as an example of mining sector expansion that would generate US$ 40 billion in export revenue over the next decade.