International

Monday, July 23rd 2018 - 06:48 UTC
US Treasury Secretary denies any chance or a currency war

United States Treasury Secretary Steven Mnuchin said there’s no chance of a currency war erupting. When asked whether investors should be concerned about the prospects of one, he said “no,” declining to elaborate during a press conference in Buenos Aires on Sunday.
Monday, July 23rd 2018 - 06:23 UTC
UK expects to reach a Brexit deal with EU by October, but is also preparing for a “no-deal” scenario

A deal with the EU can be reached by October but the UK is preparing for the possibility of no deal, Brexit Secretary Dominic Raab has said. Raab is expected on Thursday in Brussels for further talks and pledged to strain “every sinew” to get “the best deal”. But, the government had plans in place in case talks did not end well, he admitted in an interview with BBC.
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.
Sunday, July 22nd 2018 - 09:31 UTC
Scot dentist travels 13.000 miles to attend Tristan da Cunha residents

Once a year, dentist Penny Granger from Penicuik in Midlothian, sets off on an epic 13,000 mile round trip to a remote island in the South Atlantic. The journey involves a flight to Cape Town and then nine days on a boat in the stormy south Atlantic seas, all so she can tend the teeth of the residents of far flung Tristan da Cunha.
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 - 08:10 UTC
From Belfast PM May calls on the EU to prevent a hard border in Ireland

British Prime Minister Theresa May on Friday called on the European Union to strike a new deal to prevent a hard border in Northern Ireland and demanded Brussels quickly respond to her 'white paper' plan to avoid a damaging no-deal Brexit.
Saturday, July 21st 2018 - 07:51 UTC
EU finds some “good points” in PM May's post Brexit blueprint, but clarifications are needed

The EU's top negotiator Michel Barnier expressed doubts on Friday Jul 20 over Britain's new Brexit blueprint for future trade ties with the European Union, as he called for “rapidly” settling outstanding issues like the Irish border.
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 - 07:36 UTC
US Food and Drug administration announces recall of several drugs containing Valsartan

The United States Food and Drug Administration said that Prinston Pharmaceutical Inc. dba Solco Healthcare LLC. is recalling all lots of Valsartan Tablets, 40 mg, 80mg, 160mg, and 320mg; and Valsartan-Hydrochlorothiazide Tablets, 80mg/12.5mg, 160mg/12.5mg, 160mg/25mg, 320mg/12.5mg, and 320mg/25mg to the retail level.