German Chancellor Angela Merkel who will be stepping down following next Sunday's parliamentary election enjoys a strong reputation outside Germany and is more trusted than the main leaders of the world, according to the latest opinion polls' report published by Pew Research Center.
Uruguayan President Luis Lacalle Pou Wednesday told the United Nations' 76th General Assembly that the COVID-19 pandemic has “finally shown and revealed strengths and weaknesses” in the world.
While the World Health Organization (WHO) has suspended the approval process of the Russian-developed Sputnik V COVID-19 vaccine, the Pan American Health Organization (PAHO) has chosen Argentina and Brazil to further manufacture mRNA immunizers.
China's largest real estate group, Evergrande and on the brink of bankruptcy announced on Wednesday an agreement with a creditor to avoid the nonpayment of a bond that matured this Thursday. In a release to the Shenzhen stock exchange, its affiliate announced it had reached a plan to pay the bond's interests, (not capital) and of which markets feared the worst.
On September 10, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Brazil. Economic performance has been better than expected, in part due to the authorities’ forceful policy response. GDP regained its pre-pandemic level in 2021Q1 and momentum continues to be favourable, supported by booming terms of trade and robust private sector credit growth.
As expected the Brazilian central bank on Wednesday increased a whole percentage point of its basic Selic interest rate to 6,25%, the fifth in a row and the highest in two years. The Monetary Policy Committee, Copon unanimously voted for the increase in an attempt to contain inflation.
Australia's flag carrier Qantas is planning a historic nonstop repatriation flight from Buenos Aires' Ezeiza airport across the Southern Pole aboard a Boeing 787-9 Dreamliner aircraft, it was announced.
“We believe the Chinese authorities have the fiscal and monetary capacity to ”shock absorb“ giant real estate promoter Evergrande”, said OECD chief economist Laurence Boone.
Brazil's President Jair Bolsonaro Tuesday highlighted his policies, economic or otherwise, during his opening speech at the 76th United Nations General Assembly in New York City.
United Nations Secretary-General António Guterres, Tuesday rang the alarm during his speech at the 76th General Assembly in New York City, saying the world “has never been so threatened or so divided” before.