Economy

• Friday, April 12th 2019 - 09:28 UTC

  IMF's Lagarde glad a chaotic Brexit was avoided but warns about a prolonged uncertainty impact

  

  Further uncertainty over Brexit will hinder growth in the UK economy, the head of IMF has told the BBC. Speaking ahead of the agreement of an extension to Article 50, Christine Lagarde warned that businesses and investors will remain hesitant in the coming months. She said any prolonged uncertainty would have a “negative impact”.

• Friday, April 12th 2019 - 09:11 UTC

  Brazil inflation 0.75% in March and 4.58% in twelve months

  

  Brazil's inflation rate hit 0.75% in March, the fourth straight month of increases and the highest for the month since 2015 when it registered 1.32%, Brazil's National Institute of Geography and Statistics (IBGE) said on Wednesday.

• Friday, April 12th 2019 - 00:18 UTC

  French court finds Monsanto legally responsible for ill health of farmer who ingested weed-killer

  

  US biotech giant Monsanto is legally responsible for the ill health of a farmer who ingested its weed-killer product, a French court has ruled.

• Thursday, April 11th 2019 - 17:56 UTC

  Argentina chairs the World Wine Trade Group in London, amidst record numbers of observers

  

  Under the current Argentine Presidency, the meeting of the World Wine Trade Group (WWTG) is being hosted in London over the course of today and tomorrow.

• Thursday, April 11th 2019 - 15:58 UTC

  Uruguay: ANTEL, Nokia Complete First 5G Commercial Network in Latin America

  

  As 5G rollout continues to accelerate, three more announcements have been made, beginning with the news that Nokia and ANTEL, the Uruguayan state-owned operator, have successfully completed the installation of the first 5G commercial network in Latin America.

• Thursday, April 11th 2019 - 09:31 UTC

  The Trouble with Argentina’s Economy

  

  With sustained economic growth, Argentina would be able to avoid another debt crisis. Although there are no silver bullets to put the economy on a more stable path, changing current macroeconomic policies would at least give the country a chance.

• Thursday, April 11th 2019 - 09:30 UTC

  Brazil' finance minister optimistic about pension reform and privatizations

  

  Brazilian Economy Minister Paulo Guedes said on Wednesday he is “optimistic” that Congress will pass a pension reform bill that will generate savings of 1 trillion reais (US$ 261.68 billion) over 10 years, in line with the government’s ambitious proposal.

• Thursday, April 11th 2019 - 06:54 UTC

  Petrobras to receive US$ 9.058bn following agreement with the government

  

  The Brazilian government reached a landmark deal to pay state-controlled oil company Petrobras SA US$9.058 billion for revising a transfer-of-rights oil contract, Energy Minister Bento Albuquerque said.

• Thursday, April 11th 2019 - 06:45 UTC

  US/China closer to a deal: they agree to establish “enforcement officers”

  

  The United States and China have largely agreed on a mechanism to police any trade agreement they reach, including establishing new “enforcement offices,” U.S. Treasury Secretary Steven Mnuchin said on Wednesday.

• Thursday, April 11th 2019 - 06:14 UTC

  Stockpiling ahead of Brexit helped spur the UK economy, says stats office

  

  Stockpiling by manufacturers ahead of Brexit helped the UK economy grow by 0.3% in the three months to February. The national s pointed to manufacturers “changing the timing of their activities” as the UK's exit from the EU approaches.