Economy

• Tuesday, February 23rd 2016 - 06:07 UTC

  Apple and US government appeal to public opinion on the court's privacy dispute

  

  The public dispute in the United States between the Justice Department and Apple continued Monday as the tech giant called on the government to withdraw its demand for help in unlocking a phone used by one of the shooters in December’s terrorist attacks in San Bernardino, Calif., and instead let a commission of experts discuss the issue.

• Tuesday, February 23rd 2016 - 05:52 UTC

  Pound suffers the London Mayor Johnson effect as he supports Brexit

  

  The pound hit its lowest level against the dollar in almost seven years on concerns about a possible UK exit from the European Union. At one stage the pound was down as much as 2.4% at $1.4058, its lowest level since March 2009, before later recovering.

• Monday, February 22nd 2016 - 09:14 UTC

  Macri with The Washington Post “things are not going to change overnight.”

  

  Argentine President Mauricio Macri spoke with The Washington Post’sOn support for Lilian Tintori, “Venezuela always cared for our human rights. So I am doing exactly what they have done in the past for us”.in his office in the Casa Rosada, Argentina’s White House, about the economy, Venezuela and alleged Iranian terrorists in Buenos Aires. Edited excerpts follow.

• Monday, February 22nd 2016 - 09:03 UTC

  Argentine government optimistic Congress will lift 'paddock bill' as requested by Judge Griesa

  

  The administration of president Mauricio Macri is optimistic that Congress will lift the Padlock Law (Ley Cerrojo) clearing the way for Argentina’s long-standing dispute against so called speculative funds to be settled, Cabinet Chief Marcos Peña said.

• Monday, February 22nd 2016 - 08:43 UTC

  Unemployment in Brazil reaches 9% in Sept-Nov rolling quarter

  

  Unemployment in Brazil was 9% during the September-November rolling quarter, unchanged from the August-October period, the Brazilian Institute for Geography and Statistics reported.

• Monday, February 22nd 2016 - 08:35 UTC

  Citibank selling consumer banking in South America's three largest economies

  

  Citibank is planning to sell the consumer banking operations it has run for a century in Argentina, Brazil and Colombia as South America’s three biggest economies suffer a major downturn. The New York-based bank said in a statement that its decision was prompted by a desire to allocate resources where it can generate the best returns.

• Monday, February 22nd 2016 - 08:28 UTC

  Brazil heading for a record crop of 100 million tons of soybeans

  

  As the soybean harvest gets under way in Brazil, analysts are having a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tons despite hot and dry weather in Mato Grosso and northeastern Brazil as pods set and fill.

• Saturday, February 20th 2016 - 10:32 UTC

  Shell suggests Petrobras should cede some drilling rights to foreign firms

  

  Brazil’s government-owned oil giant Petrobras should cede some of its drilling rights to foreign firms, Royal Dutch Shell Oil CEO Ben van Beurden was quoted saying in Estado de Sao Paulo newspaper.

• Saturday, February 20th 2016 - 06:50 UTC

  Cameron hails 'special status' deal for Britain in the EU, after marathon summit

  

  Prime Minister David Cameron hailed on Friday a landmark “special status” deal for Britain in the EU, and pledged to campaign heart and soul to stay in the block in a historic referendum scheduled for June.

• Saturday, February 20th 2016 - 06:41 UTC

  Griesa prepared to drop injunction if Argentine congress repeals 'lock law'

  

  The judge presiding over a long-running battle between Argentina and a group of New York hedge funds said on Friday that he would lift an injunction that had locked Argentina out of international markets, if certain conditions are met.