Economy

• Tuesday, December 29th 2020 - 09:00 UTC

  With Trump debilitated and Republicans divided, Congress running the US

  

  The Democratic-led US House of Representatives voted 275-134 to meet President Donald Trump’s demand for US$2,000 Covid-19 relief checks on Monday, sending the measure on to an uncertain future in the Republican-controlled Senate.

• Monday, December 28th 2020 - 09:06 UTC

  Trump finally signs into law a US$ 2,3 trillion pandemic and spending package; stimulus checks of US$ 2,000

  

  US President Donald Trump on Sunday signed into law a US$2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a federal government shutdown in a crisis of his own making.

• Saturday, December 26th 2020 - 09:28 UTC

  Galicia disappointed with fisheries post Brexit deal, pledges a belligerent attitude to recover lost fishing rights

  

  Spain's regional government of Galicia has publicly expressed its concern about the fisheries chapter in the recently agreed UK/EU post/Brexit trade deal, which it considers will have a cost of 190 million Euros for the regional fleet and anticipates it will adopt a “belligerent” attitude to recover the lost fishing rights of the regional industry,

• Saturday, December 26th 2020 - 09:19 UTC

  EU expected to unanimously support the massive free trade deal struck with UK

  

  European Union ambassadors were convening to start assessing the massive free-trade deal that the bloc struck with Britain, which should begin next week when the acrimonious Brexit divorce process finally comes to an end.

• Saturday, December 26th 2020 - 09:17 UTC

  Scotland claims the post-Brexit trade accord was “a bad deal for fishing”

  

  First Minister Nicola Sturgeon has accused the UK government of breaking promises to Scotland's fishing industry over the post-Brexit trade deal. The Scottish government said the agreement announced on Thursday was ”a bad deal for fishing.”

• Saturday, December 26th 2020 - 09:10 UTC

  Markets and the pound react positively to the post Brexit trade deal

  

  U.S. stocks rose for a second day in holiday-shortened trading as investors monitored the latest developments on the Congressional aid package, while the British pound strengthened after a post-Brexit trade accord agreement was reached.

• Saturday, December 26th 2020 - 08:59 UTC

  UK/EU Post Brexit deal has many aspects to be hammered out

  

  A day after Britain and the European Union announced a narrow trade deal, Swiss media remain sceptical about its impact. The accord will preserve Britain's zero-tariff and zero-quota access to the bloc's single market of 450 million consumers but will not prevent economic pain and disruption for the UK or for EU member states.

• Thursday, December 24th 2020 - 09:15 UTC

  A year that will go down in Falklands history

  

  For many people, 2020 has been a year they would like to forget. But it’s a year that will go down in Falklands history for one very positive reason.

• Thursday, December 24th 2020 - 08:31 UTC

  China forecast to grow 2% this year and rebound 7,9% in 2021: exports' boom

  

  Economic growth in China is expected to slow to 2% this year, before rebounding to 7.9% in 2021 as private investment and consumption heat up, a World Bank report released on Wednesday projected.

• Thursday, December 24th 2020 - 08:30 UTC

  Two weeks of industrial action in Argentina's soy crushers and export ports

  

  Soymeal manufacturers in Argentina presented late on Tuesday a proposal aimed at ending a two-week strike by oil and port workers unions that has thrown a wrench in the flow of agricultural exports from one of the world’s main bread baskets.