Brazilian stocks topped 100,000 points for the first time Monday, on hopes for progress in President Jair Bolsonaro's promised pro-market reforms. The Ibovespa, the country's main index in Sao Paulo, hit an intra-day record of 100,037.69 before closing at its highest level ever of 99,993.93, up 0.86% from the previous trading session.
Brazilian President Jair Bolsonaro, on his first official visit to Washington, declared himself an unabashed admirer of the United States and said he was seeking a new era of close relations after what he called decades of anti-American leaders.
The Brazilian government on Monday waived visa requirements for visitors from the United States, Canada, Australia and Japan, a measure to boost tourism that was first temporarily adopted before the Rio Olympics in 2016.
Denmark's Queen Margrethe II and Crown Prince Frederik are spearheading an official state visit to Argentina which started this Monday ahead of a larger business delegation which seeks to make inroads in the country.
Singapore, Hong Kong and Paris have been named the world’s most expensive cities for expatriates to live in, according to a survey of 133 cities released on Tuesday by the Economist Intelligence Unit (EIU).
An International Monetary Fund (IMF) mission led by Mr. Roberto Cardarelli visited Argentina during February 11–22, 2019 to conduct discussions on the Third Review of Argentina’s IMF-supported program under the Stand-By Arrangement (SBA). Talks continued in Washington DC after the end of the mission.
Prime Minister Theresa May’s Brexit plans were thrown into further turmoil on Monday when the speaker of parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in a fundamentally different form.
Brazilian President Jair Bolsonaro arrived in Washington on Sunday to meet with his U.S. counterpart, Donald Trump, and cement a conservative-populist alliance that, in part, aims to ramp up pressure on Venezuela.
Germany's two biggest lenders, Deutsche Bank and Commerzbank, will hold formal talks about a merger. The announcement caps months of speculation that the two struggling banks would attempt to combine.
Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said on Monday, with Rome expected to join his global trade infrastructure program despite reservations in other European countries.