Economy

Thursday, November 22nd 2018 - 08:16 UTC
Theresa May moves to Brussels to iron out withdrawal deal ahead of Sunday's EU summit

Theresa May will return to Brussels for Brexit talks this weekend as the UK and EU strive to do a deal in time for Sunday's summit of European leaders. After a two-hour meeting with EU officials, the prime minister said progress was being made on the future shape of EU-UK relations.
Wednesday, November 21st 2018 - 17:49 UTC
Aluminum producer Aluar profits 54% up thanks to devaluation of Argentine peso

The aluminum producer Aluar will distribute dividends among its shareholders for $ 2,884 billion (79.71 million US dollars) as a result of an increase in semiannual profits of 54.5%, the company reported to Argentina's stock exchange regulator Comisión Nacional de Valores (CNV), which was due mainly to the peso devaluation.
Wednesday, November 21st 2018 - 08:32 UTC
Brazilian farmers in Mato Grosso satisfied with the soybean planting progress

Brazil's Mato Grosso farmers are happy about their soybean planting progress this year, as they have finished sowing almost 90% of their soybean acres and are expecting an early harvest at the end of December.
Tuesday, November 20th 2018 - 08:43 UTC
Venezuela preparing macroeconomic data to deliver to IMF

Venezuela which is sitting on one of the world’s largest crude oil reserves but which is suffering the worst loss of oil production in history outside of war-induced outages is getting ready to share macroeconomic data with the International Monetary Fund to avoid penalties including possible exclusion from the IMF.
Tuesday, November 20th 2018 - 06:25 UTC
Migrant workers in UK send £8bn a year back home; Unesco complains of transfer costs

Migrant workers in the UK, many in low-paid jobs, are sending £8bn a year to support families in their home countries, says a report from the United Nations' education agency. This is often used to help relations in poorer countries to stay in school.
Monday, November 19th 2018 - 19:52 UTC
Technology and packaging help Chilean fruit exports conquer Chinese market

The standardisation of products through technology advancements has helped Chilean fruit exporters conquer China as a destination, it was the reported.
Monday, November 19th 2018 - 08:16 UTC
UK promoting trade and investment in Brazil and Chile

British Chief Secretary to the Treasury, Elizabeth Truss visits Latin America to build relationships with Brazil and Chile. Ms Truss visited Brasília, São Paulo and Santiago for bilateral meetings with ministers and will follow-up on the second UK/Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure.
Friday, November 16th 2018 - 12:31 UTC
Argentina's October CPI 5.4% and 45.9% in twelve months

Argentina's Consumer Price Index, CPI, increased 5.4% in October, and 39.5% in the last ten months, and 45.9% in twelve months, according to the latest report from the country's stats office, Indec. The items with the highest were Housing, 8.8%, followed by Transport, 7.6% while Food and Beverage, 5.9%.
Friday, November 16th 2018 - 12:27 UTC
The mighty German economy slumps 0.2% in the third quarter

Germany's years-long run of steady growth came to a screeching halt in the third quarter, official data showed this week, with a widely-expected bottleneck in the vital car industry matched by broader structural concerns.
Thursday, November 15th 2018 - 21:05 UTC
Double victory for Argentina's Macri ahead of the G20 leaders' summit

Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a US$ 57.1 billion International Monetary Fund bailout. Approval came as a great relief for battered president Mauricio Macri, but also a double victory, since it opens the way for his reelection aspirations next year.