Economy

Wednesday, June 19th 2019 - 08:37 UTC
Trump announces resumption of trade talks with China ahead of G20 summit in Japan

United States President Donald Trump said on Tuesday that he had spoken to Chinese President Xi Jinping and that the two leaders’ teams would restart trade talks after a long lull in order to prepare for a meeting at the Group of 20 summit later this month.
Tuesday, June 18th 2019 - 09:45 UTC
Brazil's largest private company, Odebrecht, files for bankruptcy; US$ 20bn in debts

Scandal-ridden Brazil construction giant Odebrecht, which has admitted to spending nearly US$ 800 million to bribe officials across Latin America to win contracts, filed for bankruptcy protection on Monday, judicial sources said.
Monday, June 17th 2019 - 15:22 UTC
UK firms will become the first foreign companies to be listed in Shanghai

UK-listed firms will become the first foreign companies to be able to list in mainland China under a new stock link, the Treasury said. Chancellor Philip Hammond is due to launch the London-Shanghai Stock Connect on Monday.
Monday, June 17th 2019 - 15:14 UTC
Bank of Estonia will celebrate bicentenary of Antarctica's discovery with a €2 coin

The Bank of Estonia has unveiled last 14 June the design that has been approved to mark the bicentenary anniversary of the first discovery of Antarctica, which will be celebrated in 2020, according to Coin Update News.
Monday, June 17th 2019 - 09:00 UTC
Head of Brazil's powerful Development bank resigns following clash with Bolsonaro

The head of Brazilian state development bank BNDES has submitted a letter of resignation amid public tensions with president Jair Bolsonaro, reflecting the serious divisions that continue to plague the administration’s upper echelons.
Saturday, June 15th 2019 - 09:57 UTC
Thousands of public workers join the first general strike against Brazil's Bolsonaro reforms

Protests have been held across Brazil as thousands of public workers take part in a general strike against a government proposal to reform pensions. The strike, the first since far-right President Jair Bolsonaro took office in January, has affected public transport, schools and banks.
Saturday, June 15th 2019 - 08:43 UTC
Good sales prospects from China for Argentina's 56 million tons of soybeans

The soybean harvest in Argentina for the 2018-19 crop year is almost complete, according to the Buenos Aires Grain Exchange. The forecast for total production was the second-highest in 19 years at 56 million mt, up 48% year on year due to a better than expected yield of 3.35 mt/hectare, BAGE said.
Saturday, June 15th 2019 - 08:35 UTC
China's main economic indicators slowing down; more stimulus in the pipeline

China's industrial output growth unexpectedly slowed to a more than 17-year low in May, while investment also cooled, in the latest sign of weakening demand in the world's second-largest economy as United States ramps up trade pressure.
Saturday, June 15th 2019 - 08:20 UTC
Brazil clashes with Indonesia over the blocking of poultry exports

The Brazilian government has formally asked the World Trade Organization (WTO) to open a panel to investigate Indonesian policies on Brazil's poultry exports, the Agriculture Ministry said on Friday.
Friday, June 14th 2019 - 09:40 UTC
Argentine inflation 3.1% in May and 57.3% in twelve months

Argentine consumer prices rose 3.1% in May, the government’s official statistics agency said on Thursday. Accumulated inflation in the 12 months through May came to 57.3%, and year-to-date inflation was 19.2%, according to the National Census and Statistics Institute, known by its acronym, INDEC.