Economy

• Wednesday, September 11th 2019 - 09:32 UTC

  Brazilian markets influenced by weak data from China and coming central banks decisions

  

  Brazilian shares broke a four-day run of gains on Tuesday, mirroring declines in global stocks after weak China data-fueled growth concerns, while currencies were tepid ahead of major central bank policy decisions.

• Wednesday, September 11th 2019 - 09:29 UTC

  Latin America's two largest economies begin talks on a free trade deal

  

  Brazil and Mexico have begun talks on a free trade deal, officials announced seeking to deepen commercial ties between the two largest economies in Latin America as trade tensions threaten to undermine global growth.

• Wednesday, September 11th 2019 - 09:24 UTC

  Brazilian officials cautiously say the worst of recession is over, but anticipate no easing of austerity

  

  Brazil’s government on Tuesday slightly raised its 2019 economic growth forecast and said the worst for the economy is probably behind it but showed no sign it is willing to ease up on its commitment to austerity and strict fiscal discipline.

• Tuesday, September 10th 2019 - 20:42 UTC

  Uruguayan Rural Association Vice-president valued visit from Falklands producers: “They have an impeccable model”

  

  The exchange between agricultural producers in the Falkland Islands and specialists in the Uruguayan sheep sector has become stronger in recent days since a delegation from the islands toured the country visiting sites related to the textile industry.

• Tuesday, September 10th 2019 - 09:54 UTC

  Argentine gross public debt stands at US$ 337.367 million; 2020 repayments sum US$ 44.232 million

  

  Argentine gross public debt climbed 3% at the end of the second quarter of the year and has reached US$ 337.367 million compared to US$ 327.166 million in the same period last year, according to the Financial Secretariat.

• Tuesday, September 10th 2019 - 09:50 UTC

  Brazil and China closer: Bolsonaro visits Beijing in October and Xi travels to Brasilia in November

  

  Brazil’s Vice President Hamilton Mourao said on Monday that Chinese President Xi Jinping will visit Brazil in November, as the two nations seek to strengthen political and economic ties at a time of global trade tensions.

• Tuesday, September 10th 2019 - 09:50 UTC

  August inflation in Brazil below target, with room for further rate cuts

  

  Consumer price inflation in Brazil was well contained in August, as forecast, reinforcing expectations of deeper interest rate cuts by the central bank as it tries to fire up economic growth.

• Tuesday, September 10th 2019 - 09:16 UTC

  Another lady, Kristalina Georgieva, will become the IMF managing director

  

  The top executive at the World Bank, Kristalina Georgieva of Bulgaria, now faces no opposition in her candidacy to lead the International Monetary Fund, the fund announced on Monday.

• Tuesday, September 10th 2019 - 09:00 UTC

  House speaker makes it official: Berkow stepping down after ten years on Oct. 31

  

  John Bercow, the speaker of Britain's House of Commons, officially announced on Monday that he would step down within weeks, amid criticism by Brexit hardliners who say he has twisted parliamentary rules to undermine them.

• Monday, September 9th 2019 - 09:58 UTC

  Argentine presidential candidate proposes “a national unity government”: 'option can't be bad or worse'

  

  Argentine presidential candidate and ex Economy minister Roberto Lavagna said that the country needs “a national unity government” to overcome the current situation and it's no option having to choose between “bad and worse”.