Economy

Saturday, July 21st 2018 - 07:59 UTC
Trump “not happy” with the Federal Reserve recent interest rate increases

President Donald Trump cast aside concerns about the Federal Reserve’s independence, saying he was “not happy” with the Fed’s recent interest rate increases. Trump told CNBC in an interview: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.”
Saturday, July 21st 2018 - 07:43 UTC
Capital flight from emerging economies will be on the G20 table, anticipate Brazilian sources

At this weekend's G20 meeting in Buenos Aires, finance ministers and central bankers will address the economic situations threatening a number of emerging markets -- including host nation Argentina, which recently secured a US$50 billion IMF loan to try to stabilize its economy, after the peso plunged 35% between April and June.
Saturday, July 21st 2018 - 07:05 UTC
Global trade conflicts and protectionism in G20'agenda meeting in Buenos Aires

Global trade conflicts triggered by the protectionist policies of US President Donald Trump are set to dominate this weekend's meeting of Group of 20 finance ministers in Buenos Aires.
Friday, July 20th 2018 - 10:32 UTC
EU/Mercosur trade deal has a new timetable: September in Montevideo

A free trade agreement between the European Union and Mercosur is close to being concluded, with a final push over the line seen by early September, Argentina’s foreign minister said on Thursday. Negotiations between the EU and the Mercosur group of Argentina, Brazil, Paraguay and Uruguay, the world’s fourth largest trading bloc, have been going on for almost 20 years.
Friday, July 20th 2018 - 07:47 UTC
Latin American markets and currencies slide on fears of global trade war

World trade tensions pressured Latin America's major indexes on Thursday, falling in line with other global markets, after the European Union said it was preparing possible retaliatory measures if the United States imposes tariffs on EU cars. Brazil's Bovespa dropped 1.25%, and Argentina's Merval, 0.85%.
Friday, July 20th 2018 - 07:35 UTC
Argentina betting on a 2018/19 record wheat crop to spur the economy

A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing country's economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought.
Friday, July 20th 2018 - 07:21 UTC
Argentina finances improving: half year primary deficit drops to 0.8% of GDP

Argentina posted a primary fiscal deficit of 105.8 billion pesos (US$3.7 billion), or 0.8% of gross domestic product (GDP) in the first half of 2018, government data showed on Thursday, down 26.7% from the same period last year.
Friday, July 20th 2018 - 05:13 UTC
British publishing industry warns Brexit could damage record breaking export business

The UK publishing industry has warned that Brexit could damage its record-breaking export business. The boss of the Publishers Association said any tariffs or other barriers to trade post-Brexit “could be a problem”.
Friday, July 20th 2018 - 04:18 UTC
Falklands' survey says air link and telecoms biggest barriers to business growth

The biggest barriers to business growth in the Falkland Islands are the air link to Chile and telecommunications bandwidth (speed and quality) according to the Falkland Islands Development Corporation Business Climate Survey. In the survey to which 106 businesses responded (a 42% response rate) 30.86% selected those options.
Thursday, July 19th 2018 - 08:16 UTC
England interested in hosting the football World Cup in 2030

The UK Government is open to discussions on a possible bid to host the football World Cup in 2030, Downing Street has said. Prime Minister Theresa May’s official spokesman said ministers would be “happy” to talk with football authorities about any proposal they might want to put forward to FIFA.