Economy

Tuesday, August 6th 2019 - 10:20 UTC
Trump blocks all assets of the Venezuelan government in US

Yesterday, President Donald J. Trump signed an Executive Order “Blocking Property of the Government of Venezuela.”
Tuesday, August 6th 2019 - 10:10 UTC
Colorado Party of Paraguay urges lawmakers and supporters to stand behind President Abdo

Paraguay's Colorado Party Monday backed its support of President Mario Abdo in the aftermath of the political scandal sparked last week when the somber Itaipu electricity deal with Brazil was unearthed, leaving the government on the brink of impeachment, a threat which has been averted.... for now.
Tuesday, August 6th 2019 - 10:01 UTC
British Foreign secretary Raab travels to US, Canada and Mexico to boost trade, ahead of Brexit

British foreign minister Dominic Raab will travel to Canada, the United States and Mexico this week to seek to boost ties with non-European countries ahead of Brexit, his office said.
Tuesday, August 6th 2019 - 09:57 UTC
US dollar up in Argentina on fears of Sunday's primaries and the global trade dispute

Argentina’s peso fell 1.8% on Monday to 45.49 per U.S. dollar due to uncertainty over the country’s presidential election and the fallout from U.S.-China trade tensions, traders said.
Tuesday, August 6th 2019 - 09:33 UTC
Economists forecast further interest rate cuts by Brazil's central bank

Economists lowered their forecasts for where Brazil’s benchmark Selic interest rate will be at the end of 2019, a weekly central bank survey showed on Monday, after policymakers cut rates more aggressively than most expected to a record low last week.
Tuesday, August 6th 2019 - 09:15 UTC
World stock markets plunge as Beijing lets its currency to devalue and halts purchase of US farm produce

World stock markets plunged on Monday as Beijing parried US President Donald Trump's latest tariff announcements by moving to let China's Yuan currency devalue and halting purchases of US agricultural products.
Tuesday, August 6th 2019 - 09:06 UTC
Fed expected to further lower interest rate as trade tensions with China increase

Federal Reserve Chair Jerome Powell, who last week cut U.S. interest rates as an insurance policy against the effects of “simmering” trade tensions, may need to buy more coverage after the United States late on Monday designated China a currency manipulator.
Monday, August 5th 2019 - 09:55 UTC
Falklands farm delegation will visit Uruguay as part of an agriculture exchange

In a joint initiative between the Falkland Islands government and the Foreign and Commonwealth Office, an agricultural exchange visit to Uruguay is being arranged for September 2019.
Monday, August 5th 2019 - 09:21 UTC
Falklands' genetically improved wool clip reflects a significant increase in value

The value of the Falkland Islands wool clip has increased by around 11% over the past six years, or £1 million at today’s wool prices announced MLA Teslyn Barkman at the most recent meeting of Legislative Assembly.
Monday, August 5th 2019 - 09:01 UTC
Trump warns UK: drop tax proposal on US tech companies or forget a free trade deal

The administration of U.S. President Donald Trump has told Britain it will not get a free trade deal unless it drops a new tax proposal for major U.S. tech companies, the Telegraph newspaper reported late on Friday.