Economy

Monday, December 3rd 2018 - 07:48 UTC
President Xi on official visit to Argentina signs 30 agriculture and investment deals

China's president on Sunday signed new trade deals with Argentina as the Asian giant expands its growing role in Latin American economies. Presidents Mauricio Macri of Argentina and Xi Jinping of China announced the more than 30 agriculture and investment deals during a state visit following the Group of 20 summit of leaders in Buenos Aires.
Monday, December 3rd 2018 - 07:18 UTC
Oil prices recover following on US/China trade conflict 90-day truce

Oil prices surged in early trading on Monday after the United States and China agreed on a truce in their trade conflict and ahead of a meeting by producer club OPEC this week that is expected to result in a supply cut.
Monday, December 3rd 2018 - 07:00 UTC
UK Attorney General Statement to Parliament could trigger a “constitutional crisis”

UK faces a “constitutional crisis” if Theresa May does not publish the full legal advice on her Brexit deal on Monday, Labour has warned. The PM says the advice is confidential. But some MPs think ministers do not want to admit it says the UK could be indefinitely tied to EU customs rules.
Monday, December 3rd 2018 - 06:42 UTC
China boosts Argentina's foreign reserves with a US$ 9 billion currency swap

China and Argentina signed a US$ 9 billion currency swap agreement to boost the South American country’s foreign currency reserves, its central bank announced on Sunday.
Sunday, December 2nd 2018 - 21:17 UTC
Xi Jinping furthers China's involvement with Argentina during meeting with Macri

Presidents Mauricio Macri of Argentina and Xi Jinping of China Sunday met in a post-G20 encounter at the former's residence in the outskirts of Buenos Aires to further develop the relations between their two countries.
Sunday, December 2nd 2018 - 08:34 UTC
Trump and Xi in Buenos Aires agree a 90 day truce to continue US/China trade talks

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. The two men met in Buenos Aires after the G20 summit for their first talks since a trade war erupted this year.
Saturday, December 1st 2018 - 22:44 UTC
Mexico, US, Canada sign Buenos Aires treaty to replace NAFTA

The presidents of the United States and of Mexico and Canada's Prime Minister signed Friday in Buenos Aires the new North American trade agreement, known as the United States-Mexico-Canada Agreement (USMCA), which is to replace the NAFTA one.
Saturday, December 1st 2018 - 10:24 UTC
Brazilian economy accelerates in the third quarter

The Brazilian economy accelerated sharply in the third quarter as record-low interest rates and a one-off government-led boost helped it bounce back from the impact of a nationwide truckers’ strike. Gross domestic product rose 0.8% from the second quarter and 1.4% from the third quarter of 2017, government statistics agency IBGE said on Friday.
Saturday, December 1st 2018 - 09:24 UTC
Oil prices in November slide 20%, the weakest month in more than ten years

Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar. The two benchmarks, North Sea Brent LCOc1 and U.S. crude CLc1, still have had their weakest month in more than 10 years in November, losing more than 20% as global supply has outstripped demand.
Saturday, December 1st 2018 - 08:56 UTC
Russia and Argentina sign fisheries conservation cooperation accord

Argentina and Russia signed on Friday a fisheries and aquaculture cooperation agreement including elaboration of projects for the conservation and sustainable management of resources, as well certifying export fishing plants.