Economy

Friday, July 10th 2020 - 08:09 UTC
Lopez Obrador wraps up his White House visit as a cherished friend of Trump

Defying warnings that to seek out Donald Trump was to court disaster, Mexican President Andres Manuel Lopez Obrador instead emerged from their first meeting as a “cherished friend” of his U.S. counterpart, even as some Democrats looked on uneasily.
Friday, July 10th 2020 - 08:06 UTC
Irish minister elected new president of the Eurozone finance group

Ireland's finance minister Paschal Donohoe has been elected as the new president of the eurozone's finance group. Donohoe succeeds former president Mário Centeno from Portugal who said in June he would not run for another term as Eurogroup president.
Thursday, July 9th 2020 - 09:40 UTC
Trump and Lopez Obrador underline the outstanding relationship between the two countries

President Donald Trump on Wednesday hailed his “outstanding relationship” with his Mexican counterpart Andres Manuel Lopez Obrador as he welcomed him to the White House for the leaders' first one-on-one meeting.
Thursday, July 9th 2020 - 09:28 UTC
Brazilian retail sales jumped at an encouraging pace in May

Brazilian retail sales jumped at a record pace in May, official figures showed on Wednesday, suggesting the economy could be on a recovery path as authorities gradually lift social isolation measures taken to curb the spread of the novel coronavirus.
Thursday, July 9th 2020 - 09:25 UTC
“Global Britain” human rights policy faces the challenge of condemning Beijing

Britain's new post-Brexit sanctions regime faces an early test over London's deteriorating relationship with China, as calls mount for it to be used against Beijing officials.
Thursday, July 9th 2020 - 09:20 UTC
UK announces a £30 billion package to save jobs and help the young into work

The UK government on Wednesday unveiled a package worth £30 billion (US$37 billion, €33 billion) to save jobs and help the young into work to kick-start the coronavirus-hit economy.
Thursday, July 9th 2020 - 08:55 UTC
Federal Reserve officials raise doubts about US recovery durability

Federal Reserve officials raised fresh doubts on Wednesday about the durability of the U.S. recovery, while new business surveys highlighted developing risks from the relentless coronavirus pandemic.
Thursday, July 9th 2020 - 08:41 UTC
Surprise, surprise, Mexicans favor closer ties with United States

More Mexicans have warmed to the idea of closer ties with the United States just as President Andres Manuel Lopez Obrador lines up his first meeting with US counterpart Donald Trump, a poll showed on Wednesday.
Thursday, July 9th 2020 - 07:49 UTC
Can Brexit Britain keep its word to three million Hong Kongers

By Gwynne Dyer – ”We will grant British National Overseas (BNOs) five years' limited leave to remain (in the United Kingdom), with the right to work or study,“ British Foreign Secretary Dominic Raab told the U.K. parliament on July 1. ”After five years, they will be able to apply for settled status. After a further twelve months with settled status, they will be able to apply for citizenship.”
Wednesday, July 8th 2020 - 08:38 UTC
IMF praises Argentina's latest debt offer to creditors

A spokesperson for the International Monetary Fund said on Tuesday that Argentina’s latest debt offer to its creditors is “an important step” in the restructuring process.