Economy

Saturday, December 28th 2019 - 09:53 UTC
Argentine farmers back on the roads protesting export duties

Argentine farmers from the central provinces of Cordoba and Santa Fé are back on the roads to protest the latest raft of export duties on agriculture produce and overall increase in taxes established by the recently sworn in administration of President Alberto Fernandez.
Saturday, December 28th 2019 - 09:49 UTC
In a surprising move, Argentine members of Congress freeze their salaries and allowances for 180 days

In a surprising decision and probably for the first time in Argentina history, the two chambers of Congress agreed to freeze their salaries for the next 180 days, that is until the end of June.
Saturday, December 28th 2019 - 09:48 UTC
Argentina's unemployment in the third quarter rose to 9.7%

Argentina’s unemployment rate rose to 9.7% in the third quarter versus 9.0% in the same period last year, marking one of the highest rates recorded in recent years, the official INDEC statistics agency said.
Saturday, December 28th 2019 - 09:22 UTC
French transport strike enters fourth week with unions pledging to press on

The head of a hard-line French trade union on Friday vowed to press on with a crippling strike that has cast a shadow over Christmas celebrations, with the stoppages entering a fourth week and becoming the longest-lasting such action since the 1980s.
Friday, December 27th 2019 - 09:55 UTC
IMF mission expected in Argentina any moment; Fernandez expects to reach an accord by March 31st

Argentine president Alberto Fernandez revealed to media accredited at Government House, Casa Rosada, that in the coming days an IMF mission is scheduled to arrive in Buenos Aires to address economic issues.
Friday, December 27th 2019 - 09:45 UTC
Good news and bad news for Punta Arenas tourism industry

Good news and bad news for the tourism industry of Punta Arenas in the extreme south of Chile. The good news is that this Friday some 3.150 cruise visitors are expected to land in the city, they are passengers from the Norwegian Star and the Viking Jupiter, each contributing with 2.348 and 800 pax.
Friday, December 27th 2019 - 09:35 UTC
Top EU official writes a “love letter” to Britain, stressing “you will always be welcome to come back”

A top Brussels official has written a “love letter” to Britain expressing his grief at its decision to leave the European Union - and stressing it was always welcome back.
Friday, December 27th 2019 - 09:15 UTC
US stock markets at record highs on gains by tech giants

The tech-rich Nasdaq finished above 9,000 for the first time on Thursday, powering to its 10th straight record on gains by Amazon and other tech giants. The Nasdaq surged 69.51 points (0.78 percent) to finish the post-holiday session at 9,022.39.
Thursday, December 26th 2019 - 12:20 UTC
In a public release Piñera tells president Fernandez MYOB, abstain from comments on Chilean domestic policy

In a formal public release, the Chilean Foreign office demanded that Argentine president Alberto Fernandez avoid making comments about the internal affairs of the country, following Fernandez statements during a television interview that the international community was not so critical of Chile as it is of Venezuela.
Tuesday, December 24th 2019 - 09:59 UTC
Beijing pledges to purchase US$ 40bn of US agricultural products per year

China will make good on a pledge to purchase more than US$40 billion per year of U.S. agricultural products under the recently agreed Phase 1 trade deal between the two countries, China’s top agriculture consultancy said on Friday.