Economy

• Wednesday, July 31st 2019 - 09:57 UTC

  Trump after a trade deal with Brazil, but Brasilia says any tariffs agreements must include Mercosur members

  

  President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.

• Wednesday, July 31st 2019 - 09:46 UTC

  Maduro and Guaidó desperate: Venezuela on the verge of losing Citgo to an arbitration award

  

  Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.

• Wednesday, July 31st 2019 - 09:25 UTC

  Economic decline of Venezuela since 2013 estimated at 65% by the IMF

  

  The cumulative decline of the Venezuelan economy since 2013 will reach 65%, among the deepest five-year contractions around the world over the last half-century, the International Monetary Fund has announced.

• 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.