Economy

Wednesday, January 23rd 2019 - 09:09 UTC
Davos will listen to China, Europe and Japan leaders this Wednesday

China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite.
Wednesday, January 23rd 2019 - 09:07 UTC
Superstar Cristiano Ronaldo agrees to pay ‎€19 million for tax fraud in Spain

Football superstar Cristiano Ronaldo has paid a fine of almost ‎€19 million for tax fraud in Spain on Tuesday but will avoid a 23-month prison sentence as part of the deal.
Wednesday, January 23rd 2019 - 08:51 UTC
Pence addresses the Venezuelan people ahead of Wednesday's protest day

United States Vice President Mike Pence issued a video message of support to Venezuelans on Tuesday to encourage those who are protesting against President Nicolas Maduro and underline U.S. backing for opposition leader Juan Guaido.
Wednesday, January 23rd 2019 - 07:58 UTC
Bolsonaro tells Davos he plans to make the “new Brazil” an investment-friendly country

Brazil's newly-elected populist President Jair Bolsonaro addressed the world's business elite in Davos on Tuesday, vowing to transform Latin America's largest economy into a more investment-friendly country. On his first international trip since becoming president, Bolsonaro delivered the keynote speech at the World Economic Forum.
Wednesday, January 23rd 2019 - 07:28 UTC
Sturgeon to London to meet Mrs. May; First Minister favors extension of Article 50

Scottish First Minister Nicola Sturgeon is heading to London for Brexit talks with Prime Minister Theresa May. Mrs. May is attempting to build support for her withdrawal plan and is holding talks with opposition parties and the Scottish and Welsh governments.
Tuesday, January 22nd 2019 - 10:03 UTC
Escalating trade tensions and financial markets could undermine global growth, says IMF's latest report

The International Monetary Fund has warned that escalating trade tensions could undermine global economic growth. In a new report on the world economic outlook, the IMF also warns of risks from a no-deal Brexit. For the world economy, the IMF is now predicting growth of 3.5% in 2019. In October, it forecast 3.7%.
Tuesday, January 22nd 2019 - 09:51 UTC
Cameron was warned about the referendum by EU leaders: “get real” over “this stupid referendum”

The European Council President Donald Tusk told David Cameron to “get real” over his “stupid referendum” before the 2016 Brexit vote, a BBC documentary reveals. Mr Tusk tells the three-part show that he warned the then prime minister there was no “appetite for revolution in Europe” and he “could lose everything”.
Tuesday, January 22nd 2019 - 09:04 UTC
Australian firm will use revolutionary blockchain platform to track its toothfish

WWF-Australia and BCG Digital Ventures launched a revolutionary new digital platform that uses blockchain and other technologies to track food and products, and that will help people and business to avoid illegal, environmentally-damaging or unethical products.
Monday, January 21st 2019 - 09:05 UTC
China's economy expands at its slowest rate since 1990

China's economy continued to slow in the last quarter of 2018, official figures showed, stoking fears about the impact on the global economy. In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5% in the previous quarter. For the full year China expanded at 6.6%, its slowest rate since 1990.
Monday, January 21st 2019 - 08:19 UTC
Vessels leaving Vigo for the Falklands' Loligo season; Argentina reports good catches of Illex

While the Spanish fleet of fishing vessels, many of them partners of Falkland Islands companies have started leaving Vigo for the South Atlantic to begin the Loligo season on 24 February, Argentine licensed jiggers operating south of parallel 44 have been catching some 25 tons per day per vessel of Illex, according to the first reports from Pescare.com.ar.