Economy

• Monday, February 3rd 2020 - 07:21 UTC

  Mexico supports Argentine candidate to lead the Inter American Development bank

  

  Mexican President Andres Manuel Lopez Obrador’s administration plans to support Argentina in the race to lead the Inter American Bank, a key Washington-based multilateral lender, in another sign of political rapport between the region’s two most important left-wing governments.

• Saturday, February 1st 2020 - 08:55 UTC

  Cheers and tears as UK ends 47 years of European Union membership

  

  Britain on Friday ended almost half a century of European Union membership, making a historic exit after years of bitter arguments to chart its own uncertain path in the world. There were celebrations and tears across the country as the EU's often reluctant member became the first to leave an organization set up to forge unity among nations after the horrors of World War II.

• Saturday, February 1st 2020 - 08:43 UTC

  Chile unemployment rose to 7% in the last quarter of 2019

  

  Chile’s jobless rate rose to 7.0% during the October to December period, the government said on Friday, an early, but still tepid, sign of the potential impact of two months of unrest in late 2019.

• Saturday, February 1st 2020 - 08:35 UTC

  Surge of “family farmer” bankruptcies in US; 2019 was the highest in eight years

  

  U.S. farm bankruptcy rates jumped 20% in 2019 - to an eight-year high - as financial woes in the U.S. agricultural economy continued in spite of massive federal bail-out funding, according to federal court data.

• Saturday, February 1st 2020 - 08:31 UTC

  Scotland votes for independence referendum; EU flag will remain flying outside Holyrood

  

  Scotland’s Parliament voted this week ahead of Friday, to hold a new referendum on Scottish independence, a move intended to increase political pressure on the British government as the UK leaves the European Union.

• Saturday, February 1st 2020 - 08:30 UTC

  “We must stand up for Europe, otherwise at some point we won’t have it any more”

  

  Britain’s departure from the European Union shows the bloc must deliver for its citizens and its leaders must stand up for the project or else risk it failing, the head of the European Union’s executive, Ursula von der Leyen, said on Friday.

• Saturday, February 1st 2020 - 08:27 UTC

  Boris Johnson confident that “we can turn this opportunity into a stunning success”

  

  Prime Minister Boris Johnson said Brexit offers Britain an opportunity for “renewal and change” as he called on the divided nation to pull together in an address ahead of its split with the European Union.

• Saturday, February 1st 2020 - 08:23 UTC

  Brexit is a “historic warning sign”, the reaction from Paris on EU reforms

  

  Brexit is a “historic warning sign” for the European Union, French President Emmanuel Macron said hours before Britain's departure from the EU, adding that it meant “we need more Europe”.

• Friday, January 31st 2020 - 10:26 UTC

  Debate triggers in EU as to how the €12-billion hole left by UK will be filled

  

  When Britain leaves the European Union at midnight on Friday (Jan 31) the bloc loses the second-biggest net contributor to its budget, leaving a €12-billion (US$13-billion) hole in its finances.

• Friday, January 31st 2020 - 08:58 UTC

  Brazilian Executive and Congress pledge to pass “administrative reform” bill

  

  Brazil’s government will submit a bill that would reduce public sector costs and benefits and make it easier to fire workers to Congress “in a week or two,” Economy Minister Paulo Guedes said on Thursday.