Economy

• Tuesday, July 9th 2019 - 10:07 UTC

  Brazil ready for decisive voting on pension reform bill

  

  Brazilian House speaker Rodrigo Maia said over the weekend he expects the lower Congressional House to begin voting on the pension reform bill this Tuesday. After a meeting with Congressional leaders on Saturday in Brasilia, Maia said he will begin discussing the bill with party leaders on Monday and expects voting to begin late on Tuesday.

• Tuesday, July 9th 2019 - 09:44 UTC

  Mercosur/EU trade agreement very positive for the Brazilian meat industry

  

  A trade deal between the European Union and South America’s Mercosur bloc of countries could facilitate other agreements and open up new markets for Brazil’s massive beef-packing industry, a trade group said.

• Monday, July 8th 2019 - 20:26 UTC

  Brazil hopes to expand chicken and pork sales to EU bases on the deal with Mercosur

  

  A historic trade deal between the European Union and Mercosur last week is lifting expectations for Europe’s next mission to evaluate Brazilian chicken plants, an industry group said on Friday.

• Monday, July 8th 2019 - 20:21 UTC

  Brazilian auto exports expected to plunge because of Argentina's recession

  

  Brazilian vehicle exports to Argentina are expected to plunge this year, and the industry could face threats from rising imports following a free trade agreement between the European Union and Mercosur, a major industry body said.

• Monday, July 8th 2019 - 08:39 UTC

  Deutsche Bank plans to cut one in five jobs, some 18.000 employees

  

  Deutsche Bank plans to cut 18,000 jobs in a sweeping, €7.4 billion overhaul designed to turn around Germany's struggling flagship lender The plan represents a major retreat from trading by Deutsche Bank, which for years had tried to compete as a major force on Wall Street.

• Sunday, July 7th 2019 - 11:17 UTC

  WWF warns on “super fires” afflicting Europe and calls for forestry management

  

  Global conservation group World Wildlife Fund (WWF) warned on Thursday of the risks from new faster-spreading “super fires” in the wake of heat waves and droughts that have been afflicting Europe in what many see as a symptom of climate change.

• Saturday, July 6th 2019 - 12:50 UTC

  Brexit and Conservative nationalism: fantasy collides with reality next October

  

  By Gwynne Dyer - Oscar Wilde described fox-hunting as “the unspeakable in pursuit of the inedible.” Brexit may be similarly defined as the unhinged in pursuit of the infeasible.

• Saturday, July 6th 2019 - 09:49 UTC

  Falkland Islands and Brazil: Agreement reached for historic commercial flight

  

  An agreement has been finalised with LATAM Airlines Brazil to introduce a second international commercial air link to the Falkland Islands with a weekly service from São Paulo/Guarulhos (with a monthly stop in Cordoba, Argentina), complementing the existing weekly flight to Santiago, Chile.

• Saturday, July 6th 2019 - 09:35 UTC

  IMF expected to release the next US$ 4.5bn disbursement to Argentina in mid July

  

  The International Monetary Fund reached an agreement with Argentina that will allow release of the next US$5.4 billion disbursement under the loan program intended to help stabilize the nation’s economy.

• Friday, July 5th 2019 - 17:59 UTC

  African swine disease confirmed in Europe: two outbreaks in Bulgaria

  

  Bulgaria has confirmed two cases of African swine fever among backyard pigs in the village of Zhernov near the town of Pleven in the northern part of the country, the national food safety agency said.