Economy

• Tuesday, February 4th 2020 - 07:04 UTC

  US approves rules on imports from countries that undervalue their currencies

  

  The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China.

• Monday, February 3rd 2020 - 07:58 UTC

  UK and EU begin this Monday post-Brexit negotiations

  

  Britain on Sunday began to detail a hard-line stance in upcoming negotiations with the European Union on future relations, following its historic departure from the bloc. Foreign Secretary Dominic Raab, who will embark on a tour of Asia and Australia this week as he looks to pave the way for global trade deals, warned that London will not accept alignment with EU rules.

• Monday, February 3rd 2020 - 07:40 UTC

  Massive injection of liquidity in China to help counter economic effects of the epidemic

  

  China's central bank said it will inject 1.2 trillion Yuan (US$ 174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.

• Monday, February 3rd 2020 - 07:26 UTC

  Argentina's soybean crop forecasts increase to 53.1 million tons on favorable moisture conditions

  

  Argentina's soybean harvest for the 2019/20 season is forecast at 53.1 million tons, the Buenos Aires grains exchange said last week, an improvement from a prediction it made towards the end of last year.

• Monday, February 3rd 2020 - 07:21 UTC

  Mexico supports Argentine candidate to lead the Inter American Development bank

  

  Mexican President Andres Manuel Lopez Obrador’s administration plans to support Argentina in the race to lead the Inter American Bank, a key Washington-based multilateral lender, in another sign of political rapport between the region’s two most important left-wing governments.

• Saturday, February 1st 2020 - 08:55 UTC

  Cheers and tears as UK ends 47 years of European Union membership

  

  Britain on Friday ended almost half a century of European Union membership, making a historic exit after years of bitter arguments to chart its own uncertain path in the world. There were celebrations and tears across the country as the EU's often reluctant member became the first to leave an organization set up to forge unity among nations after the horrors of World War II.

• Saturday, February 1st 2020 - 08:43 UTC

  Chile unemployment rose to 7% in the last quarter of 2019

  

  Chile’s jobless rate rose to 7.0% during the October to December period, the government said on Friday, an early, but still tepid, sign of the potential impact of two months of unrest in late 2019.

• Saturday, February 1st 2020 - 08:35 UTC

  Surge of “family farmer” bankruptcies in US; 2019 was the highest in eight years

  

  U.S. farm bankruptcy rates jumped 20% in 2019 - to an eight-year high - as financial woes in the U.S. agricultural economy continued in spite of massive federal bail-out funding, according to federal court data.

• Saturday, February 1st 2020 - 08:31 UTC

  Scotland votes for independence referendum; EU flag will remain flying outside Holyrood

  

  Scotland’s Parliament voted this week ahead of Friday, to hold a new referendum on Scottish independence, a move intended to increase political pressure on the British government as the UK leaves the European Union.

• Saturday, February 1st 2020 - 08:30 UTC

  “We must stand up for Europe, otherwise at some point we won’t have it any more”

  

  Britain’s departure from the European Union shows the bloc must deliver for its citizens and its leaders must stand up for the project or else risk it failing, the head of the European Union’s executive, Ursula von der Leyen, said on Friday.