Economy

• Tuesday, March 2nd 2021 - 09:58 UTC

  Argentine president attacks opposition, Judiciary, media and economic powers

  

  In a defiant speech before the Legislative that launched the campaign for the October midterm elections, Argentine president Alberto Fernandez on Monday opened the 139th Congressional period of ordinary sessions with a barrage of attacks on the opposition, Judiciary, media and the concentrated economic powers.

• Tuesday, March 2nd 2021 - 09:54 UTC

  Bolsonaro promises to sign on Tuesday a decree suspending a tax on diesel to prevent a truckers strike

  

  Brazilian President Jair Bolsonaro said on Tuesday he would suspend a tax on diesel fuel, to try and placate truckers, but the government would instead hike taxes on banks to offset lost revenue.

• Sunday, February 28th 2021 - 11:21 UTC

  A million foreign workers are believed to have left Britain: reverse migration, lockdown, Brexit

  

  Foreign workers are leaving Britain at the fastest pace since World War II, presenting a challenge to an economy already roiled by Brexit and the coronavirus. London alone has lost 700,000 people over the last year, recent research suggests.

• Sunday, February 28th 2021 - 10:35 UTC

  Bolsonaro argues state controlled companies should fulfill a social function

  

  Brazilian President Jair Bolsonaro said that the country’s state-controlled companies should fulfill a social function and any different understanding by their chief executives was unacceptable.

• Sunday, February 28th 2021 - 10:11 UTC

  Caged cattle in a rogue vessel stranded in the Mediterranean will be sacrificed

  

  Some 864 head of cattle aboard the ship “Karim Allah” are to be sacrificed, Spanish authorities confirmed on Saturday, following days of controversy over the animals' health.

• Friday, February 26th 2021 - 13:54 UTC

  IMF admits discussions with Argentina continue but no meeting planned for May

  

  IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.

• Friday, February 26th 2021 - 11:46 UTC

  WTO new chief admits reforming the dispute resolution body “won't be easy”

  

  Reforming the World Trade Organization’s paralyzed dispute-resolution body will be a key priority for the institution, but the process won’t be easy, incoming Director-General Ngozi Okonjo-Iweala said.

• Friday, February 26th 2021 - 09:30 UTC

  President Xi announces end of poverty in China, on Communist Party's 100th anniversary

  

  China's President Xi Jinping officially declared Thursday that the country has completed its “arduous task” of eradicating extreme poverty, saying 98.99 million people have been lifted out of poverty over the past eight years.

• Thursday, February 25th 2021 - 10:37 UTC

  Bolsonaro praises Economy minister Guedes trying to overcome the Petrobras controversy

  

  Brazilian President Jair Bolsonaro praised his Economy Minister Paulo Guedes as the “anchor” of his government, in an attempt to quash speculation of a deepening division between the two after Bolsonaro last week ousted Petrobras CEO triggering a plunge in markets.

• Thursday, February 25th 2021 - 10:22 UTC

  Argentina: the icon of Kirchners' business friends sentenced to 12 years in jail for money laundering

  

  Argentine justice despite its disrepute has inflicted a mighty blow to the dominant force of the country's political system since 2003, the Nestor and Cristina Kirchner couple, currently headed by the widow Cristina Fernandez de Kirchner.