Economy

• Tuesday, December 18th 2018 - 09:03 UTC

  UK economy growth feeling the uncertainty impact of Brexit: weakest since 2009

  

  British economic growth this year and in 2019 looks set to be the weakest since the country’s last recession, due to a freeze in business investment and weak consumer demand ahead of Brexit, the British Chambers of Commerce forecast on Tuesday.

• Tuesday, December 18th 2018 - 09:00 UTC

  Brazil's GDP expected to rise 2% in 2019, says farmers' lobby CNA

  

  Brazil's agriculture gross domestic product is expected to rise 2% year-on-year in 2019, compared to a forecasted drop of 1.6% this year, farmer’s union CNA said. CNA laid out an optimistic view for 2019 with positive outlooks for Brazil’s economy and agriculture policy.

• Monday, December 17th 2018 - 18:47 UTC

  Cubans outraged on social media over shortage of bread

  

  With 3G technology available only a fortnight ago, Cubans took their anger over to social media to complain for the shortage of bread on the island.

• Saturday, December 15th 2018 - 09:27 UTC

  Falklands-Buenos Aires link: Argentina awards license and route to low-cost airline

  

  The Argentine government awarded low-cost airline Flybondi a 15-year license to exploit 284 domestic and international routes, including one that potentially can link Buenos Aires directly with the Falkland Islands.

• Saturday, December 15th 2018 - 09:20 UTC

  Euro falls on disappointing French and German economic prospects

  

  The Euro has fallen against the dollar after disappointing French and German economic surveys dismayed the markets. In France, private sector business activity contracted for the first time in two and a half years as the “gilets Jaunes” protests took their toll.

• Saturday, December 15th 2018 - 08:49 UTC

  Apple pledges to build a “Silicon Valley” in Texas: US$ 1bn investment

  

  Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a one-billion-dollar investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it in the state's capital biggest private employer.

• Saturday, December 15th 2018 - 08:36 UTC

  Brazil prepared if global soy market normalizes, following the US/China spat

  

  Brazil is prepared in the event China removes tariffs on U.S. soy, which had driven down prices for the oilseed in Chicago and driven up the premiums over U.S. prices paid for Brazilian beans, outgoing Agriculture Minister Blairo Maggi said on Friday.

• Saturday, December 15th 2018 - 08:26 UTC

  Ignore the siren voices calling us to the rocks of No Deal

  

  By Amber Rudd, Work and Pensions Secretary (*) - Brexit is in danger of getting stuck – and that is something that should worry us all. If MPs dig in against the Prime Minister’s deal and then hunker down in their different corners, none with a majority, the country will face serious trouble.

• Friday, December 14th 2018 - 09:05 UTC

  US confirms China's first purchase of soybeans since the start of the trade war

  

  The United States government officials on Thursday hailed China's first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come.

• Friday, December 14th 2018 - 09:03 UTC

  ECB confirms it's ending the massive bond-buying scheme

  

  The European Central Bank has confirmed it is ending its huge net asset purchase program to stimulate the Eurozone economy this month. The ECB has stopped its bond-buying scheme, worth €30bn a month, despite a recent slowdown in the bloc's recovery.