Economy

Saturday, January 18th 2020 - 09:00 UTC
UK government preparing great Brexit night celebration, including special coins for January 31st

Britain will issue special coins, fly the Union Jack and project a countdown clock on the walls of Downing Street - but not bong Big Ben - on Brexit night, the government said on Friday.
Saturday, January 18th 2020 - 08:58 UTC
Support words from IMF chief for Argentina's efforts to recover the economy

International Monetary Fund Managing Director Kristalina Georgieva said on Friday the lender has had “very constructive” exchanges with Argentina's new Peronist government and would do whatever possible to assist the indebted country.
Saturday, January 18th 2020 - 08:47 UTC
Mexico considering a lottery to get rid of the “extravagant” presidential jet: US$ 30 a ticket

Mexico is considering a lottery to get rid of the nation's presidential jet, after a year of failed attempts to sell the aircraft. President Andres Manuel Lopez Obrador said this week that Mexico is flying back the Boeing 787 Dreamliner, which has been stored in a California hangar since December 2018, just after he took office, to resume sale efforts.
Saturday, January 18th 2020 - 08:47 UTC
UK lists both Hezbollah's military and political wings as a terrorist group

Britain's finance ministry on Friday said it had added Lebanon's entire Hezbollah movement to its list of terrorist groups subject to asset freezing. The ministry previously only targeted the Shiite organization's military wing but has now listed the whole group after the government designated it a terrorist organization last March.
Saturday, January 18th 2020 - 08:46 UTC
IMF warns that the US/China accord is a “trade truce, and not the same as trade peace”

The United States and China still have a long way to go to resolve their trade disputes although the partial deal signed this week is a step forward, IMF chief Kristalina Georgieva said on Friday. “Trade truce is not the same as trade peace,” she said.
Saturday, January 18th 2020 - 08:45 UTC
Another Argentine province, Chubut, asks to delay payments on debt

The government of Argentina's Chubut province will seek to delay payments on debt after Buenos Aires province, Argentina's largest, also asked its creditors for extensions as the country grapples with a debt crisis, local media reported on Friday.
Saturday, January 18th 2020 - 08:44 UTC
China's economy weakened to its slowest pace in three decades

China's economy weakened to its slowest pace in three decades last year as weaker domestic demand and trade tensions with the United States took their toll, official data showed on Friday.
Saturday, January 18th 2020 - 08:43 UTC
Wall Street at record highs on housing data and hopes of a global rebound

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.
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.