Economy

Tuesday, March 26th 2019 - 09:00 UTC
A third of Argentines living below the poverty line; in Greater Buenos Aires, 41.1%

Almost a third of Argentines were living below the poverty line at the end of 2018, according to a new report from the Catholic University of Argentina (UCA).
Tuesday, March 26th 2019 - 08:08 UTC
Commons takes control to try and find a majority Brexit option; PM May remains defiant

MPs have voted to take control of Commons business in an unprecedented move to try to find a majority for any Brexit option. The government was defeated by 329 votes to 302 on the cross-party amendment, a majority of 27. It means MPs will get a series of votes on Wednesday to find out what kind of Brexit they will support.
Monday, March 25th 2019 - 08:30 UTC
US/China face to face trade talks to continue in Beijing this week

US officials plan to travel to China next week to resume face-to-face talks aimed at ending a trade war between them, the White House has confirmed. And Chinese officials will travel to the US for further talks in Washington in early April.
Sunday, March 24th 2019 - 08:15 UTC
Italy joins China's Silk Road project: Europe Union, Nato and G7 rattled

Italy has become the first developed economy to sign up to China's global investment program which has raised concerns among Italy's Western allies. A total of 29 deals amounting to €2.5bn were signed during Chinese President Xi Jinping's visit to Rome.
Saturday, March 23rd 2019 - 09:24 UTC
IADB annual meeting cancelled after China refused to allow a Venezuelan opposition representative attend

The Inter-American Development Bank on Friday called off next week’s meeting of its 48 member countries in China after Beijing refused to allow a representative of Venezuelan opposition leader Juan Guaido to attend.
Saturday, March 23rd 2019 - 09:09 UTC
UK and US markets tumble on fears of a global slowdown

Markets in the UK and US have tumbled with analysts attributing the drop to growing fears of a global slowdown. The FTSE 100 saw its worst day of trading this year, closing 2% lower. In the US, the three main indexes ended between 1.9% and 2.5% lower.
Saturday, March 23rd 2019 - 09:06 UTC
Temer's arrest and military pensions' reform brings down Brazilian stock market and weakens currency

Brazilian stocks fell sharply on Friday as the arrest of the country’s former president, Michel Temer, sparked worries that government debate over key fiscal reforms may be delayed.
Saturday, March 23rd 2019 - 08:58 UTC
Brazil's Vale allegedly quashed efforts to audit the dam that killed 300 people

Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.
Saturday, March 23rd 2019 - 07:31 UTC
Seven countries have launched the Forum for Progress of South America

South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.”
Friday, March 22nd 2019 - 09:40 UTC
Brazil's central bank with new chief leaves rates unchanged; policy is determined “with caution and serenity”

Brazil's interest rates remained unchanged on Wednesday after the central bank held its first monetary policy meeting under its new chief Roberto Campos Neto. The central bank's unanimous decision -- only the second since pro-business President Jair Bolsonaro took power in January on a promise to revive Latin America's biggest economy -- to keep rates at 6.5% was in line with market expectations.