Economy

Tuesday, February 11th 2020 - 07:58 UTC
US government wants Canada and Mexico to help ship coal, avoiding west coast states ban

U.S. Energy Secretary Dan Brouillette said that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.
Tuesday, February 11th 2020 - 07:55 UTC
Brazilian January inflation at its lowest driven by sharp decline in meat prices

Brazilian inflation kicked off the year on a soft footing, official figures showed, as the IPCA consumer price index posted its smallest January increase since the country’s “Real Plan” was launched more than a quarter of a century ago.
Tuesday, February 11th 2020 - 07:43 UTC
Scotland taking steps to hold a referendum on independence, First Minister Sturgeon tells Brussels

Scotland is already taking steps to hold a referendum on independence and believes it is a matter of when rather than if the country separates from the rest of Britain, Scotland's First Minister said on Monday.
Tuesday, February 11th 2020 - 07:26 UTC
Scottish salmon farmers face “huge unnecessary burdens” under Brexit

Salmon farmers face “huge unnecessary burdens” and a loss of market share under UK government plans for Brexit. The chief executive of the Scottish Salmon Producers Organisation (SSPO) said firms were being told to prepare for trade barriers with the EU. The industry is also warning that added red tape could see £9m on costs and delays to the departure of fresh fish.
Monday, February 10th 2020 - 08:56 UTC
Cristina Fernandez: Argentina will not pay “even half a cent” of its IMF debt until the country exits recession

Argentine Vice President Cristina Fernandez de Kirchner said on Saturday in Havana that the government will not pay “even half a cent” of its debt back to the International Monetary Fund before the country has exited recession.
Monday, February 10th 2020 - 08:34 UTC
Ex political wing of IRA shocks Irish elections and political system

Left-wing Irish nationalist party Sinn Fein on Sunday demanded to be part of the next Irish government after tallies indicated it secured the most votes in an election that leader Mary Lou McDonald described as a ballot box “revolution”.
Saturday, February 8th 2020 - 11:04 UTC
US job growth accelerated in January, but payrolls downgraded over a 12 month period

U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment.
Saturday, February 8th 2020 - 10:27 UTC
New IMF chief Georgieva reshuffling top jobs: deputy Lipton to be replaced

The top American serving at the International Monetary Fund will leave his post at the end of the month amid a reshuffling of the top leadership, the fund said Friday. David Lipton, 66, who has been in the number two position at the Washington-based lender since September 2011, will be replaced by newly installed IMF chief Kristalina Georgieva “in the context of changes she will be making to the leadership team,” the IMF said in a statement.
Friday, February 7th 2020 - 19:06 UTC
World food prices rose for the fourth consecutive month in January

The FAO Food Price Index averaged 182.5 points during the month, up 0.7 percent from December and 11.3 percent higher than the same month a year earlier. Vegetable oils, sugar, and wheat were the chief drivers of the index, which tracks monthly changes in the international prices of commonly-traded food commodities.
Friday, February 7th 2020 - 19:01 UTC
US markets soar after China announces tariff cuts on US goods

Wall Street stocks finished at fresh records on Thursday, again shrugging off worries about the coronavirus outbreak and applauding China's move to cut tariffs on US goods. All three major indices ended at all-time highs, with the Dow Jones Industrial Average advancing 88.92 points (0.30 per cent) to 29,379.77.