Economy

Thursday, June 27th 2019 - 09:34 UTC
US and Argentina sign revised agreement to boost air travel and cargo

The United States and Argentina on Wednesday signed a revised agreement on air services that could boost air travel and cargo between the two nations.
Thursday, June 27th 2019 - 09:16 UTC
First shipment of Argentine beef to the Japanese market

The first-ever shipment of Argentine beef to Japan was sent on Wednesday, a significant achievement for both countries made possible through an effective and coordinated effort between health authorities, Agro-Industry Ministries, Foreign Ministries, and the respective embassies.
Thursday, June 27th 2019 - 09:08 UTC
US and China seem willing to reach a trade deal next Saturday in Osaka

United States president Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree.
Tuesday, June 25th 2019 - 09:51 UTC
The Economist: “In Argentina, the IMF has been neither toxic nor triumphant”

“What good is it to throw a man ten feet of rope if he is drowning in 20 feet of water?” asked Kenneth Rogoff, former chief economist of the IMF, to The Economist 15 years ago. His question still bothers the institution he used to advise.
Tuesday, June 25th 2019 - 09:21 UTC
In an open letter, US super rich want to pay higher taxes

Some of America's richest people are urging US presidential candidates to back a wealth tax on the super-rich to improve inequality and climate change. “America has a moral, ethical and economic responsibility to tax our wealth more,” they said in a letter.
Tuesday, June 25th 2019 - 08:48 UTC
YPF back in the money market issuing US$ 500 million ten year notes

YPF, Argentina’s biggest oil company, sold overseas bonds for the first time in more than a year after a plunge in borrowing costs opened a window of opportunity. The state-owned driller issued US$ 500 million of 10-year, dollar-denominated notes to yield 8.75%.
Tuesday, June 25th 2019 - 08:10 UTC
Boris Johnson's tax proposals questioned by the Institute for Fiscal Studies

Boris Johnson's tax proposals would cost “many billions” and benefit the wealthy the most, according to the Institute for Fiscal Studies. Mr Johnson, the front-runner in the race to lead the Conservative Party, has outlined plans to raise the threshold for the highest rate of income tax to £80,000.
Monday, June 24th 2019 - 12:37 UTC
Irish farmers protest Mercosur negotiations before EC offices in Dublin

A protest by the Irish Farmers’ Association (IFA) is taking place at the European Commission offices in Dublin over the “double standards of the commission” in their reckless pursuit of a sell-out trade deal” with the Mercosur trade bloc.
Saturday, June 22nd 2019 - 09:39 UTC
The Economist: “Despite turmoil, Brazil is starting to fix its pension system”

Jair Bolsonaro, Brazil’s president, likes romantic metaphors. “Our marriage is stronger than ever,” he said in May after the press speculated that he was at odds with the economy minister, Paulo Guedes. “The marriage ended with no hard feelings,” he said this month after sacking Carlos Alberto dos Santos Cruz, a minister who had said that others in government should be more careful on social media—thus outraging Bolsonaro fans who tweet about the virtues of military rule and the horrors of homosexuality.
Friday, June 21st 2019 - 12:04 UTC
Trump and Trudeau meet to mend fences and push for legislative approval of trade deal

President Donald Trump-hosted his Canadian counterpart Prime Minister Justin Trudeau on Thursday to mend fences after last year's diplomatic meltdown and to push the still un-ratified North American free trade deal.