Economy

Monday, October 19th 2020 - 09:29 UTC
Panama offers arriving travelers Covid-19 tests in an effort to resume economic activity

Panama is the latest country to offer travelers a COVID-19 test when they arrive at its main airport, a little less than a week after resuming international flights following a seven-month suspension due to the pandemic.
Monday, October 19th 2020 - 09:10 UTC
Anglican archbishops warn about Brexit as the Internal Markets Bill will be discussed in House of Lords

The UK's five Anglican archbishops have warned the government that its new Brexit bill could set a “disastrous precedent”, in a rare joint letter. The Internal Markets Bill could damage the relationship between the UK's four nations, the five, including Archbishop of Canterbury Justin Welby, write in the Financial Times.
Monday, October 19th 2020 - 09:03 UTC
US/Brazil bilateral trade in 2020, the lowest in eleven years

The American Chamber of Commerce in Brazil, (AmCham Brasil) released the ‘Brazil-United States Trade Monitor’, which pointed out that bilateral trade in 2020 between Brazil and the United States until September registered the worst result of the last 11 years.
Monday, October 19th 2020 - 09:00 UTC
Ardern's landslide victory means New Zealand's next parliament to be the most inclusive ever

New Zealand's next parliament is set to be the most inclusive ever, with several people of color, members from the rainbow communities and a high number of women. The ruling Labour Party was handed a resounding mandate in the election over the weekend, as voters rewarded Prime Minister Jacinda Ardern for her decisive response to COVID-19.
Monday, October 19th 2020 - 08:32 UTC
China recovers in the third quarter but misses forecasts

China stepped up its economic recovery in the third quarter from the coronavirus shock but missed forecasts, pointing to continued challenges for one of the few drivers of global growth this year.
Saturday, October 17th 2020 - 09:58 UTC
Argentine president confident in the ruling coalition unity to face challenges, despite signs of rifts

Argentina’s ruling coalition is showing signs of strain just 10 months into power, further complicating the nation’s challenge to climb out of a deep recession while President Alberto Fernandez’s popularity dives.
Saturday, October 17th 2020 - 09:57 UTC
Argentine economy minister confident it can maintain the current exchange rate policy

Argentine Economy Minister Martin Guzman said on Friday the country has the necessary instruments to maintain the current exchange rate policy, despite tumbling foreign reserves and a ballooning gap between the official and informal peso exchange rates.
Saturday, October 17th 2020 - 08:57 UTC
Brazilian iron ore exports increased 18,5% in September over a year ago; strong demand from China

Brazilian iron ore exports increased by 18.5% in September compared to the same period last year, to 37.86 million tons, after Vale increased the pace of production. The volume shipped last month is the biggest since December 2015, when Brazil exported a monthly record of 39.5 million tons, according to the Ministry of Industry, Foreign Trade and Services.
Saturday, October 17th 2020 - 08:52 UTC
Moody's cuts UK debt rating on recession, Brexit and lack of clear budget plans

Ratings agency Moody’s cut the United Kingdom’s debt rating on Friday over the huge economic hit from the coronavirus crisis, Brexit and the lack of clear budget plans from Prime Minister Boris Johnson’s government.
Saturday, October 17th 2020 - 08:48 UTC
Brazil considering temporarily zero tariffs on corn and soybean imports outside Mercosur

The Brazilian government is set to discuss a proposal that would temporarily eliminate tariffs on corn and soy imports from countries outside the Mercosur trade bloc, as recently happened with rice, a staple of the Brazilian diet.