Economy

• Monday, November 30th 2020 - 09:27 UTC

  Britain and EU on the “last leg of negotiations” for a post Brexit trade deal

  

  The UK is in the “last leg of negotiations” with the EU over a post-Brexit trade deal, the foreign secretary has said. Dominic Raab told the BBC it was likely the talks were entering the “last real major week”, and an agreement remained possible if the EU showed “pragmatism”.

• Saturday, November 28th 2020 - 09:05 UTC

  Record unemployment in Brazil, 14,4% and underemployment, 30,3%

  

  The number of registered Brazilians out of work and the national unemployment rate rose to the highest on record, official figures showed on Friday, as the easing of COVID-19 lockdown measures encouraged people to look for work again.

• Saturday, November 28th 2020 - 09:04 UTC

  British Overseas Territories and the Joint Ministerial Council

  

  This week Penguin News gave up its editorial space to allow for the publication of a last-minute Op-ed from Wendy Morton MP, Minister responsible for the Falkland Islands in the Foreign, Commonwealth and Development Office, on the Joint Ministerial Council 2020

• Saturday, November 28th 2020 - 08:52 UTC

  Producer inflation in Brazil rose 3,4% in October and 19,1% in twelve months

  

  Producer price inflation in Brazil jumped to its highest on record in October, figures showed on Thursday, led by another month of rising food prices, which will likely stir the debate further on the wider outlook for inflation and interest rates.

• Friday, November 27th 2020 - 08:05 UTC

  Maradona's contribution to monetary policy, according to Lord Mervyn King

  

  Even the Financial Times referred to the death of Diego Armando Maradona, one of the most gifted footballers to ever play the game. In effect, the FT recalls that while his dribbling prowess was world-renowned, fewer people know that his skills were used to construct one of the most memorable monetary policy analogies of all time.

• Thursday, November 26th 2020 - 09:30 UTC

  Fitch Ratings more optimistic about Latin America's “improving economic” environment

  

  Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.

• Thursday, November 26th 2020 - 09:00 UTC

  Consumer confidence in Brazil fell in November: concern over Covid-19 and end of emergency transfers

  

  Consumer confidence in Brazil fell in November for the second month in a row, a survey showed on Wednesday, reflecting growing concern over the COVID-19 pandemic and its impact on the economy, and the looming end of emergency government income transfers.

• Thursday, November 26th 2020 - 08:40 UTC

  Brazil renews wheat import quota free of tariff, from outside Mercosur

  

  Brazil's Chamber of Foreign Trade (Camex) has renewed the import quota of 750,000 tons of wheat from outside Mercosur and exempt of the Common External Tariff (TEC) currently at 10%. Purchases can be made from Novr 18 this year to November 17, 2021.

• Wednesday, November 25th 2020 - 09:50 UTC

  Mercosur/EU trade deal: “time is pressing,” cautions Uruguay

  

  Uruguayan foreign minister Francisco Bustillo leaves this week for Spain the first of a round of European countries ahead of the coming Mercosur summit to be held next month, under the presidency of Uruguay. Finalizing the Mercosur/European Union trade agreement is the focus of the trip.

• Wednesday, November 25th 2020 - 09:06 UTC

  Brazil on track to end recession early 2021, as private activity speeds up

  

  Brazil’s economy probably rebounded at a record quarterly pace in July-September and was on track for a better start to 2021 than previously thought, as businesses and households recovered from the first surge in COVID-19 cases.