Economy

• 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.

• Friday, January 17th 2020 - 12:03 UTC

  Amazon indigenous leaders summit to form alliance against Bolsonaro's environmental policy

  

  Dozens of Amazon indigenous leaders have gathered in the heart of the threatened rainforest to form an alliance against Brazilian President Jair Bolsonaro's environmental policy and his threats to throw their homelands open to mining concerns.

• Friday, January 17th 2020 - 10:30 UTC

  Another victory for Trump: US Senate passes overwhelmingly the North American trade pact

  

  The US Senate on Thursday voted overwhelmingly to approve a new North American trade pact, handing President Donald Trump a second back-to-back trade win just as his impeachment trial was beginning in Washington. After a brief debate, lawmakers voted 89-10 in favor of a bill allowing the US-Mexico-Canada agreement to take effect, overhauling trade relations among the three countries.

• Friday, January 17th 2020 - 10:29 UTC

  Wall Street stocks at fresh records after approval of North American trade pact

  

  Wall Street stocks surged to fresh records on Thursday after the US Senate approved a new North American trade pact, adding to the momentum from the US-China trade deal. All three major indices finished at all-time highs, with the Dow Jones Industrial Average up 267.42 points (0.92%) at 29,297.64.

• Friday, January 17th 2020 - 10:23 UTC

  Google-parent Alphabet reaches plus US$ 1 trillion market value: time to cash on the extraordinary gains?

  

  As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

• Thursday, January 16th 2020 - 08:54 UTC

  World stocks at record high after US and China sign a deal to defuse the trade war

  

  World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments.