Economy

• Saturday, January 18th 2020 - 08:00 UTC

  Mexico offers jobs to a Central America migrants' caravan heading for the US

  

  Mexican President Andres Manuel Lopez Obrador offered 4,000 jobs Friday to migrants in a new caravan currently crossing Central America toward the United States.

• Friday, January 17th 2020 - 17:34 UTC

  Chinese media warned not to “nitpick” the US/Beijing Phase 1 trade deal

  

  Chinese state media on Thursday warned against any “nitpicking” as Beijing portrayed the Phase 1 trade deal with United States and its new commitments to massive purchases of US goods as a boon for China's economy.

• Friday, January 17th 2020 - 12:03 UTC

  Amazon indigenous leaders summit to form alliance against Bolsonaro's environmental policy

  

  Dozens of Amazon indigenous leaders have gathered in the heart of the threatened rainforest to form an alliance against Brazilian President Jair Bolsonaro's environmental policy and his threats to throw their homelands open to mining concerns.

• Friday, January 17th 2020 - 10:30 UTC

  Another victory for Trump: US Senate passes overwhelmingly the North American trade pact

  

  The US Senate on Thursday voted overwhelmingly to approve a new North American trade pact, handing President Donald Trump a second back-to-back trade win just as his impeachment trial was beginning in Washington. After a brief debate, lawmakers voted 89-10 in favor of a bill allowing the US-Mexico-Canada agreement to take effect, overhauling trade relations among the three countries.

• Friday, January 17th 2020 - 10:29 UTC

  Wall Street stocks at fresh records after approval of North American trade pact

  

  Wall Street stocks surged to fresh records on Thursday after the US Senate approved a new North American trade pact, adding to the momentum from the US-China trade deal. All three major indices finished at all-time highs, with the Dow Jones Industrial Average up 267.42 points (0.92%) at 29,297.64.

• Friday, January 17th 2020 - 10:23 UTC

  Google-parent Alphabet reaches plus US$ 1 trillion market value: time to cash on the extraordinary gains?

  

  As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

• Thursday, January 16th 2020 - 08:54 UTC

  World stocks at record high after US and China sign a deal to defuse the trade war

  

  World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments.

• Thursday, January 16th 2020 - 08:52 UTC

  Argentine Inflation ended 2019 at 53.8%, the highest figure since 1991

  

  Inflation in Argentina ended 2019 at 53.8%, the highest figure since 1991 when the peso was pegged to the US dollar, data institute Indec said on Wednesday. Indec said the cost of living increased by 3.7% in December alone.

• Thursday, January 16th 2020 - 08:49 UTC

  Brazil planning to sell assets worth some US$ 36,3 billion during this fiscal year

  

  Brazil hopes to sell assets worth 150 billion reais (US$ 36.33 billion) in 2020, privatizations secretary Salim Mattar said, adding that the focus this year will be on selling subsidiaries of Centrais Eletricas Brasileiras SA (ELET6.SA).

• Thursday, January 16th 2020 - 07:00 UTC

  Lopez Obrador admits no buyers for the US$ 130 million presidential plane

  

  Mexico’s president said admitted the government has so far failed to sell his predecessor’s luxury US$ 130 million plane that he has slammed as a trapping of power and opulence of an out-of-touch ruling elite.