Economy

Monday, April 8th 2019 - 12:24 UTC
Brexit tariffs' scare: 21.000 tons of Falklands Loligo en route to Galicia

Reefers loaded with Falklands' Loligo are rushing to Vigo most concerned about what will happen on April 12, when Britain is scheduled to leave the European Union, either with a hard Brexit or agree to further negotiations with EU and an extension period. In the first case Spanish companies in Galicia fear they might have to pay millions in EU tariffs
Monday, April 8th 2019 - 10:57 UTC
Grain loaders say the collapse of a bridge in north Brazil will not impact harvest transport

Hidrovias do Brasil SA, a Brazilian logistics company, said the collapse of a bridge on the Moju River in Pará state on Saturday will not have any impact on its operations in the region, according to a statement on Sunday.
Monday, April 8th 2019 - 10:40 UTC
Argentine soy harvest with “excellent” yields expected to reach 53 million tons

Argentina's soy harvest has progressed at a brisk pace over recent days, showing “excellent” yields that could push the crop higher than the currently forecast 53 million tons, the Buenos Aires Grains Exchange said in a report last week.
Monday, April 8th 2019 - 09:29 UTC
Message to the Democrats: Trump will “never” disclose his tax returns

One of US President Donald Trump's top aides has said that opposition Democrats will “never” see his tax returns. White House acting chief of staff Mick Mulvaney said the call for the records to be released was a “political stunt”.
Monday, April 8th 2019 - 08:51 UTC
China and EU meeting to address trade, markets and Beijing control of strategic industries

China wants to work with the European Union on issues from climate change to trade, Premier Li Keqiang wrote in a German newspaper before a summit this week aimed at cementing ties.
Monday, April 8th 2019 - 06:50 UTC
Theresa May concedes that concluding a Brexit deal needs “compromise” from Tories and Labour

British Prime Minister Theresa May on Sunday conceded that concluding a Brexit deal with the main opposition will need “compromise on both sides” as she faced criticism for being inflexible.
Saturday, April 6th 2019 - 10:00 UTC
Blackouts hit Venezuela oil output, and clog Orinoco basin tar-oil pipelines

Rolling blackouts across much of Venezuela that started on March 7 paralyzed most of the country’s oil wells and rigs, which have slowly come back online. Oil output averaged less than 600,000 bpd during the blackouts, the people said, who asked not to be identified because the information isn’t public.
Saturday, April 6th 2019 - 09:52 UTC
Hiring in services increases helping to keep US unemployment at a record low 3.8%

US job creation came back to life in March, with a hiring surge in healthcare, bars and restaurants, while unemployment held steady and worker wages continued to climb, government data showed Friday.
Saturday, April 6th 2019 - 09:46 UTC
US and China “making progress” towards ending the trade war

President Donald Trump on Friday said talks with Beijing were making progress toward ending the trade war between the world's two top economies, but he again stopped short of predicting success.
Saturday, April 6th 2019 - 09:43 UTC
Trump again puts pressure on the Federal Reserve to lower interest rates

United States president Donald Trump said on Friday the US Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down. “I think they should drop rates,” Trump told reporters. “I think they really slowed us down. There's no inflation.”