Economy

Friday, July 3rd 2020 - 08:14 UTC
Mexican president support slips on growing discontent with the economy and security management

Support for Mexican President Andres Manuel Lopez Obrador slipped to a new low in June as discontent mounted over his management of the economy and security, two years after he won office, an opinion poll showed on Wednesday.
Friday, July 3rd 2020 - 08:11 UTC
Encouraging industrial production pick up in Brazil during May

Industrial production in Brazil rose 7% in May, official figures showed on Thursday, the second-biggest monthly increase ever as activity started to pick up following two months of stricter lockdowns to curb the spread of the novel coronavirus.
Friday, July 3rd 2020 - 07:33 UTC
Offshore assets from 84 million bank accounts reach 10 trillion Euros, OECD

Authorities in nearly 100 countries saw 10 trillion Euros (US$ 11.2 trillion) in offshore assets come to light last year due to the automatic exchange of details for 84 million bank accounts, the OECD revealed this week.
Friday, July 3rd 2020 - 07:28 UTC
Stocks across the world rise for a fourth straight day on Thursday based on US jobs data

A measure of stocks across the globe rose for a fourth straight day on Thursday after June U.S. payrolls grew by a record 4.8 million, but investors also flocked to the safe-haven dollar and U.S. Treasuries on concerns about surging COVID-19 cases in many U.S. states.
Thursday, July 2nd 2020 - 11:50 UTC
Inequality and coronavirus pushing much of Chile's middle class back to poverty

Middle classes in Chile are going through a complicated moment, with many slipping into poverty as long-established inequality was increased by the coronavirus pandemic and overall slowdown of the economy.
Thursday, July 2nd 2020 - 11:31 UTC
“Monumental” plunge of economic activity in Chile during May, 15,3%

Chile's economic activity fell by 15.3% in May from the same month a year ago, the central bank said on Wednesday, hitting yet another historic low as measures to contain the spread of the coronavirus left many out of work and businesses shuttered.
Wednesday, July 1st 2020 - 10:14 UTC
Covid-19 collapse in working hours; ILO says situation of the Americas is particularly dire

The coronavirus crisis has taken a much heavier toll on jobs than previously feared, the UN said Tuesday, warning that the situation in the Americas was particularly dire. In a fresh study, the International Labour Organization (ILO) estimated that by the mid-year point, global working hours were down 14% compared to last December - equivalent to some 400 million full-time jobs.
Wednesday, July 1st 2020 - 10:07 UTC
Colombian Senate approves trade agreement with the United Kingdom

A bilateral trade agreement between Colombia and the United Kingdom has passed in Colombia’s plenary senate session and now passes to the Andean nation’s lower house for approval. <br />
The legislation seeks to maintain uninterrupted trade access, terms and conditions between Colombia and the UK that have existed under the Colombia – European Union agreement.
Wednesday, July 1st 2020 - 08:53 UTC
The most powerful EU member takes the rotating presidency of the block

The European Union’s most powerful member, Germany, takes over the bloc’s rotating presidency as of Wednesday amid a raft of challenges — from COVID-19 and the economic devastation it has wrought, to Brexit, trade with China and tensions with the United States.
Wednesday, July 1st 2020 - 08:33 UTC
EU rejects British proposals “to maintain benefits of the single market without the obligations”

British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the bloc’s chief Brexit negotiator Michel Barnier said on Tuesday.