Economy

• Tuesday, August 13th 2019 - 21:13 UTC

  Feeble domestic demand linked to Brazilian economy's performance on the verge of recession

  

  Brazil likely fell into recession in the second quarter according to a key gauge of economic activity that comes as policymakers grapple with high unemployment and weak investments as well as a global slowdown.

• Tuesday, August 13th 2019 - 09:51 UTC

  Macri vows to win a second term in October despite Sunday's trouncing

  

  Argentina's president Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.

• Tuesday, August 13th 2019 - 07:46 UTC

  Chile considering expansive fiscal policy to stimulate growth

  

  Chile plans to roll out a more expansive fiscal policy and additional measures to stimulate economic growth to counter impacts from the U.S.-China trade war, the finance minister said in a newspaper interview published on Sunday.

• Tuesday, August 13th 2019 - 07:16 UTC

  Brazil does not need German funds to sustain Amazon forests, claims Bolsonaro

  

  Brazilian President Jair Bolsonaro dismissed the importance of Germany's funding of sustainability projects in the country's forests, as the European nation weighed withdrawing from the region.

• Tuesday, August 13th 2019 - 07:11 UTC

  China anticipates less corn imports because of outbreaks of African swine fever

  

  China's agriculture ministry said it was lowering its forecast for corn consumption in the 2019/20 crop year amid outbreaks of African swine fever across the country.

• Tuesday, August 13th 2019 - 06:30 UTC

  US/China trade war and the Argentine situation impacts on Brazil's central bank policy of lower interest rates

  

  Brazil’s central bank will have to weigh potential price pressures from the U.S.-China trade war against prospects of a disappointing recovery when determining how long its easing cycle will last.

• Monday, August 12th 2019 - 07:29 UTC

  Germany will partially suspend funds to protect the Amazon forest

  

  Germany will partially suspend funds sent to Brazil to finance projects aimed at preserving the Amazon forest due to increasing deforestation, Brazilian newspaper Folha de S.Paulo reported.

• Monday, August 12th 2019 - 06:38 UTC

  Oil prices down dragged by the China/US trade conflict

  

  Oil prices fell on Monday, dragged down by an economic slowdown and worries about the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.

• Saturday, August 10th 2019 - 07:32 UTC

  China's growth vulnerability to US tariffs exposed by the IMF

  

  China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned on Friday.

• Saturday, August 10th 2019 - 07:25 UTC

  Markets sharply lower as Trump says he's “not ready for a trade deal with China”

  

  President Donald Trump cast more doubt on chances for a trade deal with Beijing on Friday, signalling he might cancel talks set for September amid an intensifying US-China trade war.