Economy

Friday, September 18th 2020 - 08:32 UTC
UN food chief calls on billionaires to save 30 million people at risk of dying

United Nations food chief David Beasley called on the world's billionaires on Thursday to step up to help save about 30 million people he said are at risk of dying if they don't receive help from the World Food Programme.
Add your comment!
Thursday, September 17th 2020 - 09:30 UTC
Argentina tightens currency controls, helping the US dollar climb to a new record

Argentina's peso currency plunged further into record low territory after the central bank tightened currency controls. The peso opened almost 0.1% weaker at 75.25 per U.S. dollar, traders said, and the country risk rose 38 basis points to 1,157. The black market peso or blue dollar plummeted 9.7% to open at a new all-time low 145 per U.S. dollar.
4 comments
Thursday, September 17th 2020 - 09:29 UTC
Brazil keeps key interest rate at record low 2%; anticipates “forward guidance” instead of further cuts

Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, pledging to stimulate the coronavirus-hit economy with “forward guidance” rather than more rate cuts because of the risk to financial market stability that they could pose.
Add your comment!
Thursday, September 17th 2020 - 09:01 UTC
Brazil's agribusiness exports in August reached US$ 8,9bn: China main client

Brazil's agribusiness exports during August 2020, reached US$ 8.91 billion, an increase of 7.8% in relation to the same month in 2019 (US$ 8.26 billion). Between August 2019 and 2020, agribusiness product exports grew by 16.5% in absolute values.
Add your comment!
Wednesday, September 16th 2020 - 07:56 UTC
New IDB president pledges to help Argentina with the “long arduous” IMF negotiations

Mauricio Claver-Carone, the White House official elected to lead Latin America’s regional development bank, said he aims to play a constructive role in Argentina’s negotiations with the International Monetary Fund.
Wednesday, September 16th 2020 - 07:50 UTC
US tariffs on Chinese goods breach trade rules, says WTO; Trump suggests he will abandon the organization

The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump’s trade war with China, a ruling that drew anger from Washington.
Monday, September 14th 2020 - 11:19 UTC
China's impact on poor Brazilians: prices of staples skyrocket, black beans 30%, rice 20%

Black beans are up nearly 30%, beef about 40% – Brazilians are facing a skyrocketing rise in food prices, caused by record exports to China and strong domestic demand. This rebound, amid the economic and social crisis caused by the new coronavirus pandemic, has led the president, Jair Bolsonaro, to ask the owners of supermarkets to show “patriotism” and “keep their profit margin as low as possible”.
Saturday, September 12th 2020 - 10:29 UTC
Brazil's services activity in July rises but still 11,9% down from a year ago

Services activity in Brazil rose in July for a second straight month, figures showed on Friday, but the pace of growth was slower than forecast, suggesting the economy's rebound from the worst of the COVID-19 may not be quite so entrenched.
Saturday, September 12th 2020 - 09:56 UTC
Falklands presents “State of Environment 2020” report

The Falkland Islands Government has released of the ‘State of Environment 2020’ report. The publication combines environmental facts and figures to provide a summary of the overall state of the Falkland Islands' natural environment towards the end of 2019.
Saturday, September 12th 2020 - 09:03 UTC
UK/Japan trade deal, first of post-Brexit, hailed as “a historic moment”

The United Kingdom and Japan on Friday agreed in principle to a trade deal, in a move that sees the U.K. strike its first major agreement post-Brexit. The announcement, which the U.K. hailed as a “historic moment,” comes as Britain struggles to secure an agreement with its closest trading partners in the European Union.