Economy

Wednesday, August 21st 2019 - 09:48 UTC
The word that begins with “R” that scares Donald Trump

United States President Donald Trump on Tuesday insisted that recession - a potentially dangerous blow to his re-election next year - is not in the cards. But he indicated he's preparing just in case.
Wednesday, August 21st 2019 - 09:42 UTC
UK program to help boost trade facilitation and export programs

A new trade facilitation program will support Brazilian businesses to export, which will help boost trade with countries including the UK. The £20 million program will work with existing export promotion and trade facilitation programs across Brazil to help bring businesses of all sizes to international markets.
Wednesday, August 21st 2019 - 08:52 UTC
Argentina’s Economic Crisis: Who to blame?

Argentines remember the role the IMF played in the last depression. They also remember the improvement in their lives under Kirchnerism. The following was published by The New York Times.
Tuesday, August 20th 2019 - 20:07 UTC
Brazilian bees decimated by pesticides which are banned in Europe

More than half a billion bees dropped dead in Brazil within just three months, according to Bloomberg. Researchers say the main cause of death is pesticides, which could end up affecting more than the bees.
Tuesday, August 20th 2019 - 18:23 UTC
US extends reprieve, allows Huawei to buy US components

The United States will extend a reprieve that permits China’s Huawei Technologies to buy components from US companies to supply existing customers, the Commerce Department said on Monday, but it also moved to add more than 40 of Huawei’s units to its economic blacklist.
Tuesday, August 20th 2019 - 02:40 UTC
Airbnb revenue up 31% in first quarter and reached US$ 9.4bn

Airbnb Inc recorded US$9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a key number that could help pull in investors as the home-sharing company plans its foray into the public market.
Monday, August 19th 2019 - 22:07 UTC
Trump admits Apple's CEO “made a good case” on impact of US tariffs on Chinese imports

US President Donald Trump said on Sunday that he has spoken with Apple's chief executive Tim Cook about the impact of US tariffs on Chinese imports as well as competition from South Korean company Samsung.
Monday, August 19th 2019 - 10:46 UTC
China trusts Argentina and acquires 50% of lithium brine project in Jujuy

China's Ganfeng Lithium , said on Sunday it had completed a US$ 160 million deal to raise its stake in the Cauchari-Olaroz lithium brine project in the northern province of Jujuy, Argentina to 50%.
Monday, August 19th 2019 - 10:43 UTC
Beijing wants the full integration of Hong Kong and Macau to Shenzhen industrial hub

China’s State Council has called for greater development of the southern city of Shenzhen and the integration of its culture and economy with neighboring Hong Kong and Macau. The directive comes as anti-government protests in Hong Kong threaten the status of the Asian financial hub.
Monday, August 19th 2019 - 09:25 UTC
Peruvian peasants protest against Chinese oil company and set on fire offices

A building in a northern Peruvian town was set on fire on Friday in a protest against China National Petroleum Corp that devolved into clashes between police and demonstrators who want the company to make pledges to help the local community, an industry source said.