Economy

• Wednesday, January 29th 2020 - 08:10 UTC

  Solid growth of US economy this year, but with increasing federal budgets

  

  The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting US$1.015 trillion.

• Wednesday, January 29th 2020 - 07:14 UTC

  Beer, wine and spirits companies agree to put clear age restriction labels on drinks

  

  Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking.

• Wednesday, January 29th 2020 - 07:06 UTC

  Drastic changes to the poultry industry production in France

  

  France is to ban from the end of 2021 the hugely controversial but widespread poultry industry practice of systematically slaughtering male chicks, Agriculture Minister Didier Guillaume said on Tuesday.

• Tuesday, January 28th 2020 - 08:35 UTC

  Maduro prepared to hand over the oil industry to foreign private companies

  

  Venezuelan President Nicolas Maduro is considering selling shares of the country's state-owned oil company, Petroleos de Venezuela SA, in an attempt to recover the country's petroleum industry and its dwindling production.

• Tuesday, January 28th 2020 - 08:16 UTC

  Argentina's economy minister scheduled to meet IMF officials

  

  Argentine Economy Minister Martin Guzman will meet with International Monetary Fund officials in New York on Tuesday, an IMF spokesman said on Monday, as the government continues talks with its biggest creditor ahead of a massive debt restructuring.

• Tuesday, January 28th 2020 - 08:09 UTC

  Brazil willing to discuss with OPEC, but not prepared to join the cartel

  

  Brazil has decided to stay out of OPEC for the time being as it seeks to expand its oil production, according to media reports quoting energy minister Bento Albuquerque. “The idea is just to increase our production and to participate more in the international oil and gas market,” Albuquerque said in an interview.

• Monday, January 27th 2020 - 08:19 UTC

  Argentine economy minister in New York for talks with IMF and US Treasury officials

  

  Argentina's Economy Minister Martin Guzman iis in New York and on Monday will be participating of a conference at the Council of Americas. Later in the day he will meet h International Monetary Fund and U.S. Treasury officials, as part of Argentina's efforts to revive growth and renegotiate its debts.

• Monday, January 27th 2020 - 07:45 UTC

  India and Brazil sign accords in fifteen different sectors

  

  India and Brazil have signed 15 accords aimed at forging closer ties between the two emerging market giants across a range of sectors, especially defense, both countries’ leaders tweeted on Saturday.

• Saturday, January 25th 2020 - 09:55 UTC

  Trump announces higher tariffs for steel and aluminum derivates

  

  US. President Donald Trump on Friday signed a proclamation increasing tariffs on derivative steel products by an additional 25% and boosting duties on derivative aluminum products by an additional 10%.

• Saturday, January 25th 2020 - 09:34 UTC

  Argentina's YPF returns successfully to money markets: issues US$ 164 million debt

  

  Argentina’s state energy company YPF said it issued debt of US$ 164 million on Wednesday, in a result it said exceeded its expectation.