Economy

• Thursday, May 23rd 2019 - 08:49 UTC

  President Xi tells China to prepare for increasingly complex and difficult times

  

  China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased tariffs in a bitter trade war with Washington.

• Thursday, May 23rd 2019 - 08:18 UTC

  At least a month before US imposes more tariffs on US$ 300bn of Chinese products

  

  The United States is at least a month from enacting its proposed tariffs on US$ 300 billion in Chinese imports as it studies the impact on US consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.

• Tuesday, May 21st 2019 - 13:52 UTC

  Brazil's e-visa program helped to make 2018 a record year for tourism

  

  The introduction of Brazil's e-visa program last year led to a record 2018 for tourism in the country, according to the latest statistics from Brazil Tourism.

• Tuesday, May 21st 2019 - 11:01 UTC

  Investors stunned by Cristina Fernandez political move, but markets finally opted for a cautious calm

  

  Argentine markets recovered following an early wobble on Monday as investors grappled with the likely impact of a shock twist in the country’s presidential election race after the main populist challenger opted instead to launch a vice presidential bid.

• Tuesday, May 21st 2019 - 09:57 UTC

  Argentine business delegation to UK after trade and investment opportunities

  

  A delegation of Argentine officials and businesspeople is travelling to the UK to strengthen trade and investment relations as part of efforts from the private sector, Argentine-British Chamber of Commerce, (ABCC), and both countries governments to promote closer economic and financial ties.

• Tuesday, May 21st 2019 - 09:50 UTC

  Trump says trade dispute with Beijing is making companies move out of China

  

  President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.

• Tuesday, May 21st 2019 - 09:26 UTC

  Corporate debts pose a “moderate” risk to US economy, says the Fed

  

  The United States private sector's mounting debts pose a “moderate” risk to the world's largest economy, Federal Reserve Chairman Jerome Powell said on Monday.

• Tuesday, May 21st 2019 - 09:12 UTC

  US eases some restrictions imposed on Huawei for 90 days

  

  The US government on Monday eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequences.

• Tuesday, May 21st 2019 - 08:45 UTC

  Bank of England: UK companies likely to cancel projects because of Brexit uncertainty

  

  British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday.

• Tuesday, May 21st 2019 - 07:53 UTC

  World's biggest salmon farming company investigated for possible misreporting on chemicals

  

  The world's biggest salmon farming company is one of a number of firms under investigation for possible misreporting of chemical use. The BBC can reveal Mowi, formerly known as Marine Harvest, is among those being investigated by Scottish regulators.