Economy

• Wednesday, October 7th 2026 - 08:07 UTC

  Trump promises payments to voters ahead of midterms dominated by the cost of living

  

  US President Donald Trump has announced a series of direct payments to various groups of citizens in recent weeks and has promised US$5,000 to every adult if Republicans keep control of Congress in the November 3 midterm elections, in which the cost of living is shaping up as the central issue.

• Monday, October 5th 2026 - 17:30 UTC

  São Paulo stocks jump 8% and the real firms after Bolsonaro's first-round win

  

  Brazilian markets rallied sharply on Monday in response to the first round of the presidential election, in which Senator Flávio Bolsonaro finished ahead of President Luiz Inácio Lula da Silva, contrary to what polls had predicted. The São Paulo Stock Exchange's Bovespa index rose as much as 8% in early trading, above 208,000 points.

• Sunday, October 4th 2026 - 21:19 UTC

  Falklands Chamber of Commerce backs the Punta Arenas route despite Argentine warnings

  

  The president of the Falkland Islands Chamber of Commerce, Mike Summers, has defended reopening trade with Chile's Magallanes region despite Argentina's campaign against economic activity linked to the archipelago, and warned that this week's business meeting in Punta Arenas will only be a success once cargo starts crossing the sea.

• Thursday, October 1st 2026 - 21:33 UTC

  Punta Arenas and Falklands businesses hold more than 800 meetings

  

  Business people from Punta Arenas, in southern Chile, and from the Falklands held 822 business meetings over two days, at an event the organisers described as a success and which serves as a prelude to the reopening of a direct sea route between the Chilean city and Stanley, planned for the coming months.

• Tuesday, September 29th 2026 - 09:02 UTC

  Chile's defence minister backs trade between Punta Arenas and the Falklands

  

  Chile's Defence Minister Fernando Barros Tocornal has backed the development of commercial activity between the Magallanes region and the Falklands, saying his country's support for Argentina's sovereignty claim does not imply restrictions on trade with the archipelago. He made the remarks in an interview with Radio Polar in Punta Arenas during a visit to the region on September 24 and 25.

• Tuesday, September 29th 2026 - 07:09 UTC

  Milei denies a recession and says indicators are “throwing out anything”

  

  Argentine President Javier Milei denied the country is in recession and questioned the reading of statistics showing rising poverty and falling economic activity. “The indicators are throwing out anything,” he said on Sunday in an interview with journalist Luis Majul on the programme La Cornisa, on the LN+ channel.

• Friday, September 25th 2026 - 21:35 UTC

  The Falklands economic development agency appoints Josh Smith as managing director

  

  The Falkland Islands Development Corporation, the archipelago's economic development agency, announced on Friday the appointment of Josh Smith as its new managing director, subject to final relocation arrangements. He will succeed Zachary Franklin, who will conclude his tenure in December.

• Friday, September 25th 2026 - 10:26 UTC

  Poverty in Argentina rises to 32.3%, ending two years of decline

  

  Poverty in Argentina reached 32.3% of people in the first half of 2026, an increase of 4.1 percentage points on the second half of 2025, the National Institute of Statistics and Census reported on Thursday. The figure interrupts the downward path the indicator had followed since mid-2024. Extreme poverty rose 1.2 points, from 6.3% to 7.5%.

• Tuesday, September 22nd 2026 - 10:40 UTC

  UK public debt nears £3 trillion, equivalent to 93.8% of GDP

  

  The United Kingdom's public sector net debt reached £2,985.5 billion — close to £3 trillion, some US$4 trillion — at the end of August, equivalent to 93.8% of gross domestic product, according to figures published on Tuesday by the Office for National Statistics. The agency noted these are levels last seen in the early 1960s.

• Monday, September 21st 2026 - 09:31 UTC

  Canada invites the UK to join its economic alliance with the European Union

  

  Canada's Finance Minister, François-Philippe Champagne, has proposed that the United Kingdom join the economic alliance Ottawa is negotiating with the European Union, in comments to the BBC. “We are independent and sovereign, but we are stronger together,” he said. The British government has not publicly responded to the proposal.