Economy

Tuesday, July 30th 2019 - 13:24 UTC
Peru confident on double digit growth in foreign tourism for 2020

Tourism in Peru is bound to experience a double-digit growth thanks to President Martín Vizcarra's policies, according to the country's Chamber of Turism CEO Carlos Canales.
Tuesday, July 30th 2019 - 10:13 UTC
Brazil's efforts to improve ties with the US, “need not worry China, we never had a problem with China”

Brazil’s efforts to build better ties with the United States need not worry China, the South American economy top trade partner, because it had never had a problem with China, the Brazilian foreign minister stated. At issue in the past has been how previous Brazilian administrations handled relations with China, Ernesto Araujo said.
Tuesday, July 30th 2019 - 09:45 UTC
Major security breach of financial corp allows hacker access to personal info on 106 million individuals

Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.
Tuesday, July 30th 2019 - 09:43 UTC
Ex Barcelona and 2002 World champion with Brazil, in deep financial trouble

A court in southern Brazil has forbidden ex-Barcelona striker Ronaldinho from selling 57 of his real estate properties due to an unpaid environmental fine and other debts, a Brazilian newspaper reported on Monday.
Tuesday, July 30th 2019 - 09:35 UTC
France leading the search for the next head of the IMF

France is seen supporting Kristalina Georgieva to be the next head of the International Monetary Fund as the EU seeks to agree on a single candidate ahead of the lender's Sept 6 deadline, according to several European officials familiar with the deliberations.
Monday, July 29th 2019 - 09:57 UTC
EU warns Argentina and Brazil on credit agencies ratings regulations

The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia don't regulate credit ratings agencies with the same rigor as the EU, the Financial Times reported on Sunday, citing a document. The decision would withdraw some market access rights of the country, removing a status that makes it possible for European banks to rely on the ratings.
Monday, July 29th 2019 - 09:28 UTC
Mexico will help Honduras create 20.000 jobs planting trees

A scheme to create 20,000 jobs in Honduras has been agreed between the country's president and Mexico's leader in an attempt to stem the flow of migrants toward the United States.
Monday, July 29th 2019 - 09:22 UTC
Maduro says Venezuela is open to receive Colombian ex FARC leaders

Venezuelan President Nicolas Maduro on Sunday said two former FARC commanders from neighboring Colombia whose whereabouts are unknown were “welcome in Venezuela,” a statement likely to fuel criticism that he is providing a safe haven for armed groups.
Saturday, July 27th 2019 - 09:52 UTC
Consumers help US economy to remain strong but business investment contracts

US economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.
Saturday, July 27th 2019 - 09:50 UTC
US will not weaken the value of the dollar, says Trump's top economic advisor

The US government will not intervene to weaken the value of the dollar, despite persistent concerns about actions by other countries to influence their currencies, a top White House economic aide said on Friday.