Economy

• Friday, March 6th 2020 - 11:00 UTC

  IMF has held “productive talks” in Buenos Aires and leaves this Friday

  

  An International Monetary Fund team currently in Argentina has held “productive” talks with local officials, a spokesman said on Thursday, though there was little detail on concrete progress about reaching a deal over the country’s debt crisis.

• Friday, March 6th 2020 - 10:58 UTC

  Flybe collapses and all its flights are grounded: fierce competition and coronavirus

  

  One of Britain's biggest airlines, Flybe, collapsed on Thursday with all its flights grounded, the company said, as the coronavirus epidemic takes a heavy toll on airlines around the world.

• Friday, March 6th 2020 - 08:48 UTC

  Latin American currencies weakened on Thursday's; Brazil Real slides to a record low

  

  Latin American stocks and currencies weakened on Thursday, with Brazil's real slipping to yet another record low, as the rapid spread of the coronavirus sapped risk appetite and investors worried about the scale of the economic fallout.

• Thursday, March 5th 2020 - 08:59 UTC

  A list of 12.000 Nazis in Argentina with accounts in Credit Suisse has surfaced, confirms Simon Wiesenthal Center

  

  A research by Argentine investigator Pedro Filipuzzi revealed a list of 12,000 Nazis in Argentina that apparently have money in accounts at the Zurich-based Credit Suisse investment bank, the Simon Wiesenthal Center said in a statement.

• Thursday, March 5th 2020 - 08:55 UTC

  Representatives of Argentine sovereign bond holders meet with minister Guzman

  

  Argentina’s minister of economy met with representatives of several major creditors, including asset management firm Pimco, a company executive and a ministry source said on Wednesday, as separate talks continued with the International Monetary Fund.

• Thursday, March 5th 2020 - 08:52 UTC

  IMF chief calls for an all-out response to the coronavirus epidemic serious threat

  

  IMF chief Kristalina Georgieva on Wednesday called for an all-out, “no regrets” response to the new coronavirus epidemic which poses a “serious threat” to the global economy.

• Thursday, March 5th 2020 - 08:46 UTC

  Frustrating Brazilian economic growth in 2019: less than half the forecast at the start of the year

  

  Brazil’s economy expanded by 1.1% in 2019, marking a third straight year of frustrating activity following a massive recession, according to data released on Wednesday.

• Thursday, March 5th 2020 - 08:15 UTC

  Boris Johnson clashes with the civil service in defending the Interior minister

  

  Three months after his triumphant re-election, British Prime Minister Boris Johnson is battling to save one of his top ministers from a bullying scandal that has exposed tensions at the heart of his government.

• Thursday, March 5th 2020 - 07:16 UTC

  Brazil to auction US$ 1 billion forex swaps on Thursday to boost the anemic Real

  

  Brazil’s central bank on Thursday will auction up to US$ 1 billion foreign exchange swaps contracts, it said on Wednesday, the latest FX market intervention in the face of the real’s 12% slide this year to a series of record lows against the dollar.

• Wednesday, March 4th 2020 - 07:44 UTC

  Argentina increases soybean exports tax 10%, from 30% to 33%: small farmers will pay less

  

  Argentina raised taxes on soybean exports to 33% from the current 30%, a spokesman for the CRA confederation of farmers said on Tuesday following a meeting with government officials.