Economy

• Friday, March 15th 2019 - 09:04 UTC

  China approves foreign investment law hopefully to improve relations with US

  

  China's rubber-stamp parliament approved a foreign investment law on Friday that was fast-tracked and may serve as an olive branch in trade talks with the United States. The legislation aims to address long-running grievances from foreign businesses, but the US and European chambers of commerce have voiced concerns that they were not given enough time to give their input.

• Friday, March 15th 2019 - 08:48 UTC

  Argentine inflation in February, 3.8% and 51% in twelve months; central bank new measures

  

  Argentina’s stubbornly high inflation accelerated again in February, the government said on Thursday, sparking the central bank chief to pledge new measures to rein in rising prices that have dogged the South American economy over the last year.

• Friday, March 15th 2019 - 08:38 UTC

  EU open to granting UK a long extension, but some member countries demand certain conditions

  

  European Council President Donald Tusk has said he will appeal to EU leaders “to be open to a long extension” of the Brexit deadline, if the UK needs to rethink its strategy and get consensus. His intervention came as UK MPs voted to seek a delay of the 29 March deadline to leave the EU. EU leaders meet in Brussels on 21 March and they would have the final say.

• Friday, March 15th 2019 - 04:59 UTC

  Falklands Brexit impact still uncertain as 29 March looms

  

  The possible impact of Brexit on the Falklands is no nearer to gaining definition as UK MPs once again voted against a Brexit deal proposed by Theresa May, as well as voting against the possibility of leaving the European Union (EU) without any sort of deal.

• Thursday, March 14th 2019 - 09:46 UTC

  China's industrial growth output fell to a 17-year low in Jan/Feb

  

  Growth in China’s industrial output fell to a 17-year low in the first two months of the year, pointing to further weakness in the world’s second-biggest economy that is likely to trigger more support measures from Beijing.

• Thursday, March 14th 2019 - 09:12 UTC

  Union halts operations at Argentina's biggest gold mine

  

  A strike at Canadian Goldcorp Inc’s Cerro Negro mine in Argentina has forced a halt to operations, the company said on Tuesday, calling the union’s action at its biggest mine illegal. Mining activities stopped when the strike by the Asociacion Obrera Minera Argentina (AOMA) union began on March 8, and processing is also now halted as surface stockpiles have run out, Vancouver-headquartered Goldcorp said in a statement.

• Thursday, March 14th 2019 - 07:59 UTC

  Brazil to discuss meat, sugar and ethanol trade with the United States

  

  Brazilian Agriculture Minister Tereza Cristina Dias said that she will discuss U.S.-Brazil trade in meat, sugar and ethanol in talks next week between officials of the two countries. Dias, who will travel with President Jair Bolsonaro to the United States, said one of her priorities is to reopen the U.S. market for Brazil’s fresh beef exports, which were suspended almost two years ago over safety concerns.

• Wednesday, March 13th 2019 - 20:09 UTC

  The best and the worst city to live in Latin America

  

  Caracas, in the last place, and Montevideo ranks as the two opposite poles of the list of cities ordered by quality of life in Latin America in 2019, according to Mercer. The capital of Austria, Vienna, ranked for the tenth consecutive year as the best in the world.

• Wednesday, March 13th 2019 - 09:47 UTC

  EU adds ten more countries to the blacklist of tax havens including several British Overseas Territories

  

  EU finance ministers approved on Tuesday the addition of 10 more countries to the EU’s blacklist of tax havens, which currently includes only five jurisdictions and aims to help prevent tax fraud or evasion.

• Wednesday, March 13th 2019 - 09:20 UTC

  UK economy performance weak: 0.2% expansion in three months to January

  

  The UK economy grew by 0.2% in the three months to January, matching the growth of the previous three months. The report from the Office for National Statistics (ONS) showed a pick-up in activity in January when the economy expanded by 0.5%.