Economy

Saturday, December 12th 2020 - 09:59 UTC
UK and Brazil to boost economic relationship

The UK and Brazil made agreements on financial services, taxation, sustainable growth and Green Finance, helping to boost jobs and investments for UK companies. The fourth Economic and Financial Dialogue (EFD) between the UK and Brazil on 10 December 2020 saw the Chancellor, Rishi Sunak, and the Brazilian Economy Minister Paulo Guedes, meeting to build further economic ties between the two countries. They were joined by central bank Governors and heads of financial sector regulators.
Saturday, December 12th 2020 - 09:41 UTC
Guedes confident Brazil can help the vulnerable and ensure the spending cap

The Brazilian government has the financial tools to support some of the country’s most vulnerable people next year without threatening the spending cap, its most important fiscal anchor, Economy Minister Paulo Guedes said on Friday.
Friday, December 11th 2020 - 09:55 UTC
Boris Johnson assures he will raise the Falklands' issue at the EU

UK Prime Minister Boris Johnson has promised he will raise the matter of the Falklands fishery in the European Union after Labour MP Derek Twigg made representations on behalf of the Islands at Prime Minister’s Question Time on Wednesday.
Friday, December 11th 2020 - 09:40 UTC
PM Johnson vowed to go 'an extra mile' for a Brexit deal, but also tells UK to prepare for a crash out of EU

Prime Minister Boris Johnson on Thursday vowed to go the “extra mile” for a Brexit trade deal but instructed his government to prepare for Britain to crash out of the European Union’s single market at the end of this year.
Friday, December 11th 2020 - 09:26 UTC
Indigenous communities stall Ecuador's most ambitious copper mining project

Conflicts with indigenous communities have stalled operations at Ecuador's San Carlos Panantza copper mining project, which the government of President Lenin Moreno had long pointed to as an example of mining sector expansion that would generate US$ 40 billion in export revenue over the next decade.
Thursday, December 10th 2020 - 09:29 UTC
The last dinner: Boris Johnson and von der Leyen share British scallops and turbot

After months of wrangling over access to British fishing waters, Britain's prime minister and the European Union's chief executive met for dinner in Brussels on Wednesday to pull Brexit trade talks back from the brink - and tucked into turbot.
Thursday, December 10th 2020 - 09:11 UTC
Brazil central bank keeps interest rate at record low 2%, but admits scenario of inflation expectations

Brazil’s central bank kept its key interest rate at a record low 2.00% on Wednesday, as expected, but gave the first sign it could soon drop its pledge to keep rates lower for longer as inflation expectations converge toward target.
Thursday, December 10th 2020 - 09:09 UTC
Argentine oilseed and grains exports stalled with new wage strike

Argentine grains inspectors and oilseeds workers started a new wage strike on Wednesday, organizers said in a joint statement, as stalling contract negotiations threatened to interrupt exports from one of the world's main bread baskets.
Thursday, December 10th 2020 - 08:58 UTC
Hunter Biden tax affairs under investigation; president elect supports his son

President-elect Joe Biden's son Hunter Biden, a focus of attacks from President Donald Trump and his Republican allies during the campaign for the White House, said on Wednesday the U.S. Attorney's Office in Delaware is investigating his tax affairs.
Wednesday, December 9th 2020 - 08:47 UTC
EU/UK reach post-Brexit deal on Northern Ireland; Johnson meets EC head in Brussels

The European Union and UK have reached an unofficial agreement on post-Brexit trade with Northern Ireland and its land border to the EU. The deal is not tied to last-gasp trade talks, but could help grease the wheels. The co-chairs of the EU-UK joint committee on Tuesday announced an “agreement in principle” pertaining in large part to the Irish border issue.