Economy

Thursday, April 9th 2020 - 09:46 UTC
Argentine food exports face a drop in demand and prices

The United Nations has warned of an impending food shortage due to the coronavirus pandemic as major exporters such as Argentina find it increasingly difficult to sell their produce.
Thursday, April 9th 2020 - 09:17 UTC
Global trade expected to plummet this year, says World Trade Organization

Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said on Wednesday, warning that the numbers would be “ugly”.
Thursday, April 9th 2020 - 09:08 UTC
Boris Johnson remains in intensive care with his condition “improving”

British Prime Minister Boris Johnson's condition was said to be “improving” on Wednesday, as he spent a third day in intensive care battling COVID-19. The disease has struck at the heart of the British government, infected more than 60,000 people across nationwide and killed more than 7,000.
Thursday, April 9th 2020 - 09:04 UTC
UN Security Council meets to discuss pandemic, urged by non permanent members

After weeks of disagreement - especially between the United States and China - the UN Security Council will meet on Thursday to discuss the coronavirus pandemic for the first time.
Thursday, April 9th 2020 - 08:48 UTC
February's services sector confirms Brazil is heading for recession

Services activity in Brazil shrank 1% in February, official figures showed on Wednesday, the biggest monthly fall in over 18 months and another sign Latin America's largest economy was already in go-slow mode before the coronavirus crisis erupted.
Thursday, April 9th 2020 - 08:45 UTC
Falklands' Sea Lion development delayed responding to oil market conditions

Rockhopper Exploration is responding to market developments by reducing staffing levels and activity related to the Sea Lion development in the offshore North Falkland basin. The company plans to maintain a smaller team, mainly focused on regulatory, fiscal and financial issues, pending a recovery in the external macro-environment.
Wednesday, April 8th 2020 - 12:17 UTC
The 14,7 million Euro coronavirus masks order that never reached Germany

Authorities in Germany have fallen victim to a multi-million-euro fraud involving masks much needed in the coronavirus pandemic, prosecutors said on Tuesday. North Rhine-Westphalia, Germany's most populous state and one of the hardest hit, paid 14.7 million euros for some 10 million masks in March only to discover they did not exist, according to prosecutors in Traunstein, Bavaria.
Wednesday, April 8th 2020 - 07:29 UTC
China unseats the US as the world leader in international patent filings

China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said on Tuesday. A record 265,800 international patent applications were filed last year, a hike of 5.2% from 2018, the World Intellectual Property Organization said in its annual report.
Tuesday, April 7th 2020 - 08:59 UTC
Argentina beef exports to the EU and China plunge

Market reports suggest that Argentine beef shipments to the European Union have reduced to almost zero amid the global coronavirus pandemic. Sales to China, the main buyer, have dropped below 2019 levels.
Tuesday, April 7th 2020 - 07:53 UTC
US markets bullish response to Trump's “Light at the end of the tunnel”

Hopes that the economy-crushing coronavirus pandemic might be easing sent Wall Street climbing sharply on Monday with all three main indices higher at the close of trading.