Economy

• Thursday, August 15th 2019 - 16:37 UTC

  Embraer is awarded Brazilian certification for the Praetor 500

  

  Embraer has announced that the company’s new Praetor 500 midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil), having been announced in October 2018 at NBAA-BACE.

• Thursday, August 15th 2019 - 12:15 UTC

  Global food commodity prices saw a slight decline in July

  

  The FAO's Food Price Index, (FPI) - a trade-weighted index that measures prices of five major food commodities on international markets - averaged 170.9 points in July 2019, slipping 1.1 percent below its level in June but up 2.3 percent from a year earlier.

• Thursday, August 15th 2019 - 06:15 UTC

  Mar del Plata fisheries landings totaled 210.000 tons in seven months

  

  In seven months of the current year, landings in the Argentine port of Mar del Plata reached 210.000 tons, which is 3.3% more than the same period a year ago, according to local fisheries authorities. Hake, apparently, helped with the positive difference since squid landings were notoriously lower.

• Thursday, August 15th 2019 - 05:30 UTC

  Macri announces measures to cut taxes and prop consumption hopefully to brighten Argentine pockets

  

  Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not halt the peso currency's collapse.

• Thursday, August 15th 2019 - 05:20 UTC

  Bolsonaro insists Argentina is heading for “Venezuelan chaos” with the “leftist bandits”

  

  Brazilian President Jair Bolsonaro said on Wednesday that Argentina was heading for chaos as “leftist bandits” who performed well in the primary election will follow the path of Venezuela, which is mired in a deep economic crisis. Argentina's Merval stock index was down 34.47% since the start of the week.

• Thursday, August 15th 2019 - 05:16 UTC

  Massive women's protests in Brasilia against Bolsonaro's policies

  

  Tens of thousands of women took to the streets of Brazil's capital on Wednesday to denounce President Jair Bolsonaro, in the third anti-government protest in the city in two days.

• Wednesday, August 14th 2019 - 19:15 UTC

  US tech companies seek protection from French government services tax

  

  Alphabet Inc's Google unit, Facebook Inc and Amazon.com Inc are among the companies that will testify at a U.S. government hearing on the French government's digital services tax.

• Wednesday, August 14th 2019 - 09:39 UTC

  Trump threatens to pull the US out of WTO: “they have been screwing us for years”

  

  President Donald Trump threatened on Tuesday to pull the United States out of the World Trade Organization (WTO) if conditions are not improved. “We will leave if we have to,” Trump told a cheering audience of workers at a Shell chemical plant in Pennsylvania.

• Wednesday, August 14th 2019 - 09:08 UTC

  What will be the IMF's reaction to the new Argentine political scenario?

  

  Argentina's peso slipped further against the dollar Tuesday while the stock market partially recovered as South America's third-largest economy continued to take a pummeling in the wake of pro-business President Mauricio Macri's crushing defeat in party primaries.

• Wednesday, August 14th 2019 - 08:57 UTC

  Facebook again caught ignoring privacy practices: it paid contractors to transcribe audio clips from its services

  

  Facebook Inc has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter. The company confirmed that it had been transcribing users' audio, and said it was no longer doing so, Bloomberg reported.