Economy

Thursday, January 26th 2017 - 09:01 UTC
Argentina cautious about Trump’s administration impact on bilateral trade

Argentina's trade relationship with the United States will not suffer an immediate negative impact with Donald Trump as president, but it remains to be seen how his measures will shape the world economy, according to the Argentine ambassador in Washington, Martín Lousteau.
Thursday, January 26th 2017 - 08:56 UTC
Dow Jones closes past a historic 20.000 point marks on Trump's actions

The Dow Jones Industrial Average (DJIA) surged and closed past a historic 20,000 points mark on Wednesday (25 January), on strong earnings data from major constituents and US President Donald Trump's reaffirmation of his pro natural resources stance which sent related stocks higher both overnight and in early trading.
Tuesday, January 24th 2017 - 18:40 UTC
Trump keeps his promise: dumps TPP and pledges to lower corporate taxes to 20% from 35%

President Donald Trump has fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP). The 12-nation trade deal was a linchpin of former President Barack Obama's Asia policy.
Monday, January 23rd 2017 - 18:32 UTC
State of emergency in Chile because of wildfires; smoke cloaked Santiago

Chile declared a state of emergency on Friday as more than a dozen wildfires that have scorched nearly 50,000 hectares threatened to encroach on towns, factories and vineyards. Firefighters, forestry service personnel and members of the military are battling 18 separate blazes in the center and south of the country that have been fueled by strong winds and a heat wave.
Monday, January 23rd 2017 - 12:33 UTC
Argentina issues US$ 7bn in 5 and 10-year bonds at 5.625% to 7% rate

Argentina launched a US$7bn two-part bond on Thursday, covering its planned dollar issuance for the year in one fell swoop on the back of more than US$21bn of orders. The deal was the sovereign's third in US dollars since being welcomed back to the international capital markets last year after a protracted fight with creditors, and demand was strong.
Monday, January 23rd 2017 - 12:21 UTC
PM May scheduled to announce an ambitious port-Brexit industrial strategy

British Prime Minister is to unveil a new, more interventionist, and industrial strategy on Monday, designed to boost the post-Brexit UK economy. The government will be “stepping up to a new, active role,” Mrs. May said. She will launch the new strategy at her first regional cabinet meeting, to be held in the north-west of England.
Sunday, January 22nd 2017 - 08:02 UTC
Trump expects Theresa May on Friday at the White House; first meeting with a foreign leader

Prime Minister Theresa May will meet US President Donald Trump in Washington DC on Friday, the White House has said. Mrs May will be the first foreign leader to meet the new president after his inauguration.
Saturday, January 21st 2017 - 11:11 UTC
China's economy picks up slightly in 2016 but the rebound is below expectations

China's economy grew by 6.7% in 2016, compared with 6.9% a year earlier, marking its slowest growth in more than a quarter of a century. China's growth is a key driver of the global economy and a major concern for investors around the world. The figure is in line with Beijing's official growth target of between 6.5% and 7%.
Saturday, January 21st 2017 - 08:33 UTC
Falklands celebrate Penguin Awareness Day, January 20

January 20 is Penguin Awareness Day. The day helps raise awareness about the flightless birds whose numbers are dwindling and also aims to bring international focus on the conservation of penguin habitats.
Saturday, January 21st 2017 - 07:57 UTC
Mexican top officials will meet Trump administration to discuss bilateral relations next week

Mexican officials will hold meetings on January 25 and 26 with U.S. President-Elect Donald Trump's top aides in Washington, to discuss bilateral relations such as security, trade and migration, the government said in Mexico City.