Economy

Thursday, November 12th 2020 - 09:04 UTC
Some 15 million negatively financially impacted by pandemic in UK; StepChange charity urges support

Britain is 'sleep-walking' into a personal debt crisis with the number of people in severe debt problem topping a million due to the coronavirus pandemic, charity StepChange has warned.
Tuesday, November 10th 2020 - 11:44 UTC
Brazil allows import of genetically modified soy and corn from United States

Brazil has issued a protocol instruction legally authorizing imports of genetically modified (GM) soy and corn from the United States at a time when Brazil is dealing with low stocks and record prices for these products.
Tuesday, November 10th 2020 - 10:27 UTC
Montevideo port loses lure for Falklands licensed Spanish fishing fleet

At least four Spanish fishing vessels, which normally operate in the South Atlantic, most of them with Falklands' licenses, left for Vigo and Marin in Galicia, avoiding transshipment operations in the port of Montevideo, Uruguay, according to the country's leading Maritime and ports information report.
Tuesday, November 10th 2020 - 09:40 UTC
Argentina again appeals to the IMF; mission arrives for two weeks talks

Argentina will seek an Extended Fund Facility (EFF) from the International Monetary Fund (IMF) to replace a failed US$ 57 billion facility, Economy Minister Guzman said on Monday, potentially buying the country more time to make repayments.
Tuesday, November 10th 2020 - 09:20 UTC
UN review criticizes US police violence, racism and separation of migrant children from families

Major powers, including allies, criticized the United States for its human rights record on Monday during a U.N. review, citing the use of the death penalty, police violence against African Americans, and the separation of migrant children from their families.
Tuesday, November 10th 2020 - 09:07 UTC
Mexican president faces corruption allegations of his inner circle

Mexican President Andres Manuel Lopez Obrador urged authorities on Monday to look into a report accusing a top aide of financial impropriety, while calling it part of a media campaign aimed at bringing his administration into disrepute.
Tuesday, November 10th 2020 - 08:30 UTC
Lords strike a heavy defeat to Boris Johnson on proposed laws to breach UK's EU exit treaty

Prime Minister Boris Johnson suffered a heavy defeat in parliament's upper chamber on Monday over proposed laws which would allow him to breach Britain's EU exit treaty – a plan that has been criticized by US president-elect Joe Biden.
Monday, November 9th 2020 - 09:21 UTC
Petrobras expects increased production from the pre-salt offshore basin

By Tsvetana Paraskova for Oilprice.com – Because of the increased production at the prolific pre-salt offshore basin, Petrobras expects its oil and gas production this year to exceed earlier guidance, Brazil’s state oil firm said when it reported its production figures for Q3.
Saturday, November 7th 2020 - 09:43 UTC
Argentina wants EU to eliminate zero tariff access for Falklands' exports

Argentina held a meeting with the European Union ambassador and 21 of 27 EU members' representatives in Buenos Aires and formally called for an end of the support for UK Falklands' sovereignty recognition in the ongoing Brexit negotiations between Brussels and London.
Saturday, November 7th 2020 - 09:03 UTC
Argentina trying to shore up investor confidence and lure capital back

After failing to stem a run on its currency with heavy-handed restrictions, Argentina is shifting tack and has begun adopting more orthodox economic measures to try to shore up investor confidence and lure capital back into the country.