Economy

• Saturday, July 4th 2020 - 08:15 UTC

  Trudeau not sure he will attend trade treaty celebration in Washington with Trump and Lopez Obrador

  

  Canadian Prime Minister Justin Trudeau said on Friday he was still unsure whether he would go to Washington DC next week to celebrate a new North American trade treaty, citing concern about possible US tariffs on aluminum.

• Saturday, July 4th 2020 - 08:02 UTC

  Creditor group tables new offer to Argentina's debt negotiations

  

  One of Argentina's main creditor groups, the Argentina Creditor Committee, confirmed on Friday that it had tabled a new offer to the country's government as part of ongoing debt renegotiations.

• Saturday, July 4th 2020 - 07:32 UTC

  Brazil's Embraer union files lawsuit against the company's board over the collapsed deal with Boeing

  

  A union representing workers at planemaker Embraer filed a lawsuit on Friday seeking to dismiss the company's board, after a US$4.2 billion deal with Boeing Co collapsed amid the pandemic, leaving the Brazilian jet-maker scrambling for a new path forward.

• Friday, July 3rd 2020 - 08:50 UTC

  Brazil admits a budget deficit of 11,5% of GDP; ten years before public debt falls to 2019 level

  

  Brazil’s government on Thursday revised its 2020 fiscal outlook, forecasting significantly higher debt and wider deficits due to the COVID-19 crisis, and said it will be over a decade before public debt falls back to last year’s level.

• 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.