Economy

• Thursday, October 24th 2019 - 09:59 UTC

  Bolsonaro warns next Argentine government: Mercosur must continue with Macri's trade policies

  

  A possible victory of opposition candidate Alberto Fernández in Argentina's presidential election on Sunday could put the Mercosur trade bloc at risk, Brazil's right-wing president, Jair Bolsonaro, said on Wednesday.

• Thursday, October 24th 2019 - 09:55 UTC

  Argentine markets concerned about what happens on Monday 28 October

  

  Argentine markets are set for another bout of nerves after the country holds a presidential election on Sunday, likely to confirm defeat for business-friendly President Mauricio Macri.

• Thursday, October 24th 2019 - 09:50 UTC

  Venezuela exodus on track to reach 5 million, says UN; 5.000 leave every day

  

  The exodus of Venezuelans is on track to reach 5 million people, as pressure grows on neighboring countries to provide them with long-term support, United Nations and European Union officials said on Wednesday.

• Wednesday, October 23rd 2019 - 09:55 UTC

  Brazil approves pensions' reform: markets soar and stocks hit an all time high

  

  Brazil's Senate on Tuesday gave final approval to a landmark reform of the country's social security system, in a step seen as key to stabilizing public finances and the economy. The text was approved by a vote of 60-19.

• Wednesday, October 23rd 2019 - 09:28 UTC

  EC's Tusk will recommend EU leaders to grant a Brexit extension

  

  European Council President Donald Tusk said on Tuesday he will recommend EU leaders grant another Brexit extension, hours after British MPs rejected Prime Minister Boris Johnson's bid to force his divorce deal through parliament this week.

• Tuesday, October 22nd 2019 - 12:12 UTC

  How has the US-China trade war affected forex?

  

  There are many factors that affect the value of currencies and influence the flow of foreign exchange, but few have a more significant impact than a trade war.

• Tuesday, October 22nd 2019 - 09:50 UTC

  Argentine central bank has lost some US$ 19.500 million in reserves since 11 August 

  

  Argentine central bank international reserves stand at US$ 46.885 million following on Monday's rescue of different maturing bonds and support in the local market to help stabilize the price of the US dollar. This demanded some US$ 600 million.

• Tuesday, October 22nd 2019 - 09:44 UTC

  Another Brexit vote this Tuesday; Speaker Bercow shot down Johnson's Monday attempt

  

  British Prime Minister Boris Johnson brushed aside yet another Brexit setback on Monday and sought again to ram through his EU divorce deal in time for next week's deadline. House of Commons speaker John Bercow shot down Johnson's second attempt on Monday to get MPs to sign off on his revised EU withdrawal terms.

• Tuesday, October 22nd 2019 - 09:30 UTC

  Trump optimistic a partial trade deal with China will be signed next month

  

  US President Donald Trump on Monday said progress in developing the text of a partial trade pact with China means he will likely be able to sign it next month. Trump remains upbeat on the chances Beijing and Washington will seal the mini-deal he announced earlier this month - marking a cooling-off period in the two nations' damaging trade war.

• Tuesday, October 22nd 2019 - 09:20 UTC

  Trump claims being president has cost him several billions if he had kept to his businesses

  

  US President Donald Trump said on Monday that being president has cost him between US$2 billion and US$5 billion that he would have made if he had continued running his business instead of getting into politics, a claim unsupported by evidence.