Economy

Monday, July 23rd 2018 - 05:58 UTC
Hammond in Argentina iterates Falklands self determination and calls on Macri to address inflation and labor reform

The UK Government position is unchanged: only the Falkland Islanders have the right to determine their own political and economic future, stated Phillip Hammond in Buenos Aires where he attended a two-day G20 ministers meeting.
Saturday, July 21st 2018 - 08:42 UTC
Brazil big businesses have a presidential ticket: ex Sao Paulo governor and CEO of largest textile group

Business-friendly Brazilian presidential candidate Geraldo Alckmin got the strongest boost yet to his campaign after a centrist coalition agreed to back him and chose their potential vice-presidential pick.
Saturday, July 21st 2018 - 08:29 UTC
Trump prepared to slap tariffs con all Chinese goods imported to United States

President Donald Trump has indicated that he is willing to slap tariffs on every Chinese goods imported to the U.S. should the need arise.“I'm ready to go to 500,” the president told CNBC's Joe Kernen in a “Squawk Box” interview aired Friday.
Saturday, July 21st 2018 - 08:20 UTC
EC warns 27 members to prepare for “significant disruptions” after Brexit

The European Commission has issued a warning to governments, businesses and citizens in the 27 remaining EU states to prepare for “significant disruption” as a result of Brexit.
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.