Economy

• Tuesday, February 16th 2021 - 08:10 UTC

  South Georgia is releasing a 50 pence coin to honor nurses and nursing values

  

  Following the success of the £2 coin issued on behalf of the Government of South Georgia and the South Sandwich Islands last year, Pobjoy Mint announced the new release of a 50 pence coin that bears a design reflecting the universal role of nurses and their nursing values.

• Friday, February 12th 2021 - 09:57 UTC

  Brazilian Central Bank communication triggers confusion in financial markets

  

  Brazil's Central Bank chief Roberto Campos Neto admitted on Thursday that the January interest fixing rate policy meeting release may have generated more confusion in financial markets, instead of more transparency in communications.

• Friday, February 12th 2021 - 09:49 UTC

  January inflation in Argentina, 4%, questioning government 2021 targets

  

  Argentina's Consumer Price Index, CPI rose in January for the second month running 4%, questioning the government's target of 30% inflation in 2021. In effect twelve-month inflation reached 38,5% in January, following on the 4% for December, according to the latest release from the country's stats office, Indec.

• Friday, February 12th 2021 - 09:44 UTC

  Brazil after an accountancy mechanism to extend pandemic emergency payments

  

  Brazilian economy minister Paulo Guedes announced on Thursday that pandemic emergency cash payments to the vulnerable will be extended, but with compensating cost-cutting measures to avoid bankrupting public finances.

• Friday, February 12th 2021 - 09:33 UTC

  UK/EU talks to overcome post Brexit frictions in Northern Ireland; Dublin pleads for calm

  

  Britain and the EU vowed on Thursday to resolve post-Brexit trade frictions over the Northern Ireland border in the wake of the UK's departure from the bloc. Northern Ireland was barely mentioned in the parliamentary debates prior to the 2016 Brexit referendum.

• Friday, February 12th 2021 - 09:32 UTC

  Argentina's Patagonia bank teams with Swiss UBS and Banco do Brasil to have a global platform

  

  UBS BB Investment Bank, a joint venture between UBS Group AG and Banco do Brasil SA for South America, reached a collaboration agreement with Argentina’s Banco Patagonia SA.

• Friday, February 12th 2021 - 09:18 UTC

  Brazil congress passes bill granting the central bank greater autonomy

  

  Brazil's lower house of Congress on Wednesday approved the text of a bill granting the central bank autonomy, which will set fixed four-year terms for the bank's president and directors, and tighter rules on their exit from office.

• Thursday, February 11th 2021 - 09:45 UTC

  Argentina's goal of an IMF agreement by May, “is an ambitious timeline”

  

  Argentina is planning to reach an agreement with the International Monetary Fund (IMF) on a new restructuring program by May, an ambitious timeline according to the IMF’s Western Hemisphere Director Alejandro Werner.

• Thursday, February 11th 2021 - 09:06 UTC

  Covid-19 lockdowns hit hard global fisheries and aquaculture affecting supply and demand in the sector

  

  Global fisheries and aquaculture have been hard hit by the COVID-19 pandemic and could face further disruption in 2021 as lockdowns affect supply and demand across the sector, according to a report by the Food and Agriculture Organization of the United Nations (FAO).

• Thursday, February 11th 2021 - 09:06 UTC

  Google's dominance of digital advertising exposed in Australia

  

  Google's dominance of digital advertising technology in Australia needs to be addressed, the country's competition watchdog said, opening up another front in its battle with the US giant.