Economy

• Tuesday, January 29th 2019 - 08:30 UTC

  Investors confident of Brazil: Net FDI flows equaled 4.7% of GDP in 2018

  

  Brazil’s current account deficit doubled last year as economic growth fueled demand for foreign goods and services, while foreign investment reached its highest share of GDP since 2001, the central bank said on Monday.

• Monday, January 28th 2019 - 09:09 UTC

  Ecuador planning IMF support to balance the budget and implement reforms

  

  Ecuador may use financing from the International Monetary Fund (IMF) to balance its budget, as the South American country seeks to reduce a swollen fiscal deficit and its international debt, the finance minister admitted on Friday.

• Saturday, January 26th 2019 - 09:57 UTC

  Argentina/UK resume joint South Atlantic fisheries scientific assessment cruises

  

  Next February first and after fourteen years Argentina and the United Kingdom will again be involved in a scientific assessment cruise of the Illex squid in the South Atlantic.

• Saturday, January 26th 2019 - 08:23 UTC

  Trump yields and agrees to lift 35-day government shutdown...until 15 February

  

  President Donald Trump agreed under mounting pressure on Friday to end a 35-day-old partial U.S. government shutdown without getting the US$5.7 billion he had demanded from Congress for a border wall, handing a political victory to Democrats.

• Saturday, January 26th 2019 - 08:08 UTC

  Hammond suggests a Brexit compromise with EU leaders which could influence a vote in London

  

  British finance minister Philip Hammond said on Friday he believed the EU might compromise over a Brexit deal in a way that would persuade lawmakers in London to support it.

• Friday, January 25th 2019 - 10:10 UTC

  Argentine twelve-month economic activity to November contracts 7.5%

  

  Economic activity in Argentina slumped 7.5% in November, the INDEC statistic bureau reported on Thursday. The comparative drop in activity from November 2017 and November last year was the most significant since June 2009's eight per cent slump.

• Friday, January 25th 2019 - 09:42 UTC

  US economy showing best employment numbers in almost half a century

  

  The number of United States citizens filing applications for unemployment benefits fell to more than a 49-year low last week, but the drop likely overstates the health of the labour market as claims for several states including California were estimated.

• Friday, January 25th 2019 - 09:35 UTC

  US and China “miles and miles away” in resolving economic structural reforms

  

  The United States and China are “miles and miles” from resolving trade issues but there is a fair chance the two countries will get a deal, U.S. Commerce Secretary Wilbur Ross said on Thursday.

• Friday, January 25th 2019 - 09:22 UTC

  Brexit uncertainties: Jaguar Land Rover will extend its annual shutdown

  

  Jaguar Land Rover is to extend its annual April shutdown in car production because of uncertainties around Brexit. The UK's biggest carmaker will be idle for an extra week because of fears of disruption at its car and engine plants at Liverpool, Birmingham and Wolverhampton.

• Friday, January 25th 2019 - 09:06 UTC

  Goldman Sachs chief concerned with Brexit, but the main worry in China/US trade dispute

  

  The new chief executive of Goldman Sachs says that a “difficult” Brexit will negatively affect its investment plans in the UK. David Solomon told the BBC that while there has been a hiring freeze in the UK, the bank has been adding staff in the EU over the last two years.