Economy

Friday, November 22nd 2019 - 09:11 UTC
US Congress wants to investigate Brazil's meatpacking giant JBS

A top United States Democratic congresswoman on Thursday asked the Agriculture Department (USDA) to investigate and retract tens of millions of dollars in federal contracts with the U.S. subsidiary of a Brazilian meatpacking company facing federal corruption charges.
Thursday, November 21st 2019 - 09:55 UTC
Falklands celebrates “touchdown for the Second Flight” and anticipates a new era of development for the Islands

The elected government of the Falkland Islands announced that a new era has opened Islands with the inaugural Second Flight from São Paulo, Brazil, touching down this Wednesday afternoon at Mount Pleasant Airport.
Thursday, November 21st 2019 - 09:21 UTC
Fed dismisses the idea of negative interest rates, despite Trump's insistence, according to released minutes

US central bankers last month dismissed the idea of taking interest rates into negative territory, something President Donald Trump has called for many times, according to meeting minutes released on Wednesday.
Wednesday, November 20th 2019 - 09:59 UTC
Judge ratifies Wednesday's air link between Sao Paulo and Malvinas/Falklands

Argentine federal judge Luis Rodriguez ratified on Tuesday the green light for Latam's flight, beginning this Wednesday, linking Sao Paulo in Brazil and Cordoba with the Falkland/Malvinas Islands, after throwing out a request to suspend the link.
Wednesday, November 20th 2019 - 09:56 UTC
Fernandez tells IMF, “we want to make a commitment that we can keep”

Argentina’s president-elect, Alberto Fernandez, has a “sustainable” plan to meet creditor obligations as well as maintain growth, he told the International Monetary Fund´s managing director Kristalina Georgieva, his office said.
Wednesday, November 20th 2019 - 09:55 UTC
Brazil's Real depreciating against the US dollar, but inflation remains below target

Brazil’s Real is sliding toward an all-time low against the U.S. dollar, but the central bank appears in no rush to intervene to slow or even reverse the fall. Despite the Real’s historical weakness, the market is functioning smoothly: depreciation, so far, has been fairly orderly, volatility is low, liquidity has not dried up, and the Real is not the only emerging market currency under pressure.
Wednesday, November 20th 2019 - 09:45 UTC
Bolivian forces take control of major gas plant; crucial political discussions for a new election date

Bolivian police and military forces used armoured vehicles and helicopters to clear access to a major gas plant in the city of El Alto on Tuesday, a show of strength after blockades at the facility had cut off fuel supply to nearby La Paz.
Wednesday, November 20th 2019 - 09:29 UTC
Trump again threatens China with higher tariffs if no deal is reached

The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, US President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.
Tuesday, November 19th 2019 - 09:36 UTC
Falklands/Sao Paulo air link: Argentina requests “most discretion” from Brazil

Argentina has requested “most discretion” for the coming Wednesday air link and first flight between Sao Paulo and the Falkland Islands, suggesting no officials be present at the departure. The news was revealed by one of Brazil's main dailies and allegedly the request arrived through informal diplomatic channels from the Argentine foreign ministry.
Tuesday, November 19th 2019 - 09:09 UTC
Two million Argentines will be entitled to a “food stamps” system

An estimated two million Argentines will be entitled to a foods stamp system to be implemented as part of the plan to fight hunger of the next government headed by president-elect Alberto Fernandez.