Economy

• Tuesday, October 29th 2019 - 19:04 UTC

  Start date for new flights between the Falkland Islands and São Paulo

  

  LATAM Airlines Brazil’s new weekly flight between the Falkland Islands and São Paulo will begin operating on 20 November 2019. This service will allow passengers to make onward connections to multiple destinations in South and North America, Europe, Africa and Asia.

• Tuesday, October 29th 2019 - 08:09 UTC

  Bolsonaro in Arab countries: signs agreements in Abu Dhabi and will address economic forum in Riyadh

  

  The United Arab Emirates and Brazil signed several agreements on Sunday during President Jair Bolsonaro's visit to Abu Dhabi, which marks his first official trip to the Arab world. He arrived in the UAE on Saturday and is set to head to Qatar and Saudi Arabia, where he will take part in the Future Investment Initiative.

• Tuesday, October 29th 2019 - 08:04 UTC

  Germany and France laud outgoing ECB president Dragui for defending “the European dream”

  

  French President Emmanuel Macron and German Chancellor Angela Merkel on Monday lauded Mario Draghi for defending “the European dream” in the face of opposition as he handed over a divided ECB to Christine Lagarde.

• Tuesday, October 29th 2019 - 07:36 UTC

  Brazil, expectations of new lows for inflation and interest rates

  

  Brazilian inflation and interest rate expectations for next year have fallen to new lows, according to a central bank survey of economists published on Monday, strengthening the view that monetary policy will be loosened further in the months ahead.

• Tuesday, October 29th 2019 - 07:29 UTC

  IMF and US congratulate president elect Fernandez

  

  International Monetary Fund chief Kristalina Georgieva on Monday congratulated Alberto Fernandez, winner of Argentina's presidential elections, and vowed to work with his government to stabilize the economy.

• Saturday, October 26th 2019 - 09:50 UTC

  Argentina: calls for a rational transition starting O-28 and the pancake syndrome

  

  On Sunday 33.8 million Argentines will vote for a president, for the renewal of the 130 members of the Lower House and a third of the Senate, 24 out of 72. But results should come as no surprise since a majority of the Argentine electorate has zapped to an old déjà vu show, fed up with president Mauricio Macri and his pro-business policies.

• Friday, October 25th 2019 - 09:52 UTC

  Fitch says Argentina's weak credit fundamentals limit debt exchange scope: suggests a “haircut”

  

  Rating agency Fitch said on Thursday that Argentina’s weak credit fundamentals, in terms of both liquidity and solvency, limit the scope for a debt exchange that minimizes losses for investors beyond maturity extensions.

• Friday, October 25th 2019 - 09:40 UTC

  Draghi steps down, but the debate on soft money and how to prop the Euro-zone economy remains unchanged

  

  Departing European Central Bank president Mario Draghi said on Thursday the proudest legacy from his eight-year term was the ability to “never give up” in the face of economic crises, internal dissent, and external criticism.

• Friday, October 25th 2019 - 08:41 UTC

  Johnson proposes Parliament time to scrutinize his Brexit deal for a snap election on 12 December

  

  British Prime Minister Boris Johnson on Thursday offered parliament more time to scrutinize his Brexit deal if it agrees to hold a snap general election on Dec 12. The premier suspended debates on his EU divorce deal after MPs on Tuesday refused to rush it through parliament in time for the Oct 31 Brexit deadline.

• Friday, October 25th 2019 - 04:00 UTC

  Uruguay’s wealth management specialist booming under Argentine financial issues

  

  Argentina has been facing significant financial issues in the last decade, and Uruguay wealth management teams are poised to take advantage.