Economy

• Thursday, April 12th 2018 - 07:28 UTC

  Brazil confirms austerity policy with the new team economic team

  

  Brazilian President Michel Temer has officially nominated eleven new ministers, the government's official bulletin said, giving continuity to the government's reform program ahead of the general elections in October.

• Thursday, April 12th 2018 - 07:20 UTC

  EC president furious with Brexit: “only a united Europe can be a sovereign Europe”

  

  European Council President Donald Tusk has said Brexit makes him furious, and called on Europe to unite during a speech in Dublin. The statesman warned it would take very little time to demolish the structures of peace and unity built up in the continent.

• Wednesday, April 11th 2018 - 18:35 UTC

  Argentina imports 120.000 tons of soy-beans from United States

  

  Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.

• Wednesday, April 11th 2018 - 09:39 UTC

  Falklands' meat company enters contract to supply defense facilities at MPC/MPA

  

  The Falkland Islands Meat Company - FIMCo - has entered into a supply contract with Ecolog – a key provider for UK Ministry of Defense facilities at MPC/MPA, to provide their high-quality Falkland Islands meats. The contract is for five years, delivering beef, lamb and mutton to the MOD’s and Ecolog’s exacting standards of price, availability and - of course - quality.

• Wednesday, April 11th 2018 - 09:11 UTC

  March inflation in Brazil almost flat at 0.09%; Selic rate expected to be cut 25 extra points in May

  

  Brazil's monthly inflation rate slowed dramatically to a nine-month low in March, suggesting the central bank may have been too slow to signal another interest rate cut as the data continued to fall short of its inflation target.

• Wednesday, April 11th 2018 - 08:57 UTC

  The paperwork challenge for British business after Brexit

  

  Diverging from European Union rules after Brexit will mean more costs than benefits for British business, a report by the CBI employers' group says. In a survey of 23 industry sectors, the vast majority preferred continued close alignment with EU regulations.

• Wednesday, April 11th 2018 - 08:42 UTC

  Brazilian stock exchange leads the world in growth in 2018

  

  As Brazil continues to benefit from the return of growth and curbed interest rates and inflation, the São Paulo Stock Exchange has seen an unprecedented growth curve. In addition to achieving historical highs, the Brazilian stock market beat the performance of some of the largest stock exchanges in the planet. This means more people betting on Brazilian companies and the future of the country, according to a report from the Brazilian-American chamber of Commerce.

• Tuesday, April 10th 2018 - 09:09 UTC

  Sharing cash for farmers, one of the biggest post Brexit challenge, say experts

  

  Quitting the European Union means the UK will have to go back to the drawing board over devolution, constitutional experts have warned. Wrangles over sharing out cash for farmers will be one of the biggest challenges ministers face, according to the Institute for Government (IfG).

• Tuesday, April 10th 2018 - 08:59 UTC

  Brexit: Financial services worried about UK economy prospects

  

  Financial services firms are worried about prospects for the UK economy, with Brexit remaining the biggest risk, a study shows. Research by Lloyds Bank found that executives in the sector believe growth in this country will be outpaced by all other nations in the G7 this year.

• Tuesday, April 10th 2018 - 08:38 UTC

  US budget deficit expected to balloon to US$ 1.5 trillion over the next decade

  

  With the passage of deep tax cuts late last year, annual United States budget deficits are expected to balloon over the next decade, the nonpartisan Congressional Budget Office said on Monday.