Economy

Saturday, December 26th 2020 - 09:19 UTC
EU expected to unanimously support the massive free trade deal struck with UK

European Union ambassadors were convening to start assessing the massive free-trade deal that the bloc struck with Britain, which should begin next week when the acrimonious Brexit divorce process finally comes to an end.
Saturday, December 26th 2020 - 09:17 UTC
Scotland claims the post-Brexit trade accord was “a bad deal for fishing”

First Minister Nicola Sturgeon has accused the UK government of breaking promises to Scotland's fishing industry over the post-Brexit trade deal. The Scottish government said the agreement announced on Thursday was ”a bad deal for fishing.”
Saturday, December 26th 2020 - 09:10 UTC
Markets and the pound react positively to the post Brexit trade deal

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.
Saturday, December 26th 2020 - 08:59 UTC
UK/EU Post Brexit deal has many aspects to be hammered out

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.
Thursday, December 24th 2020 - 09:15 UTC
A year that will go down in Falklands history

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.
Thursday, December 24th 2020 - 08:31 UTC
China forecast to grow 2% this year and rebound 7,9% in 2021: exports' boom

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.
Thursday, December 24th 2020 - 08:30 UTC
Two weeks of industrial action in Argentina's soy crushers and export ports

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.
Wednesday, December 23rd 2020 - 09:41 UTC
Colombia to begin mass vaccination in February, announces president Duque

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.
Wednesday, December 23rd 2020 - 09:40 UTC
Weather and ports' strike in Argentina boosting soy and cereals prices

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.
Wednesday, December 23rd 2020 - 09:35 UTC
Brazilian financial analysts upgrade growth forecast for 2020

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.