Investments

• Thursday, March 4th 2021 - 08:47 UTC

  White House financial support for Merck and Johnson & Johnson to speed vaccine production

  

  White House senior adviser Andy Slavitt told reporters on Tuesday that the federal government is planning to spend US$100 million to help the joint partnership between Merck & Co and rival Johnson & Johnson accelerate vaccine production.

• Thursday, March 4th 2021 - 07:07 UTC

  Argentina and the IMF: Another Default in the Works?

  

  By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.

• Wednesday, March 3rd 2021 - 08:38 UTC

  Producer price inflation in Brazil anticipates Central bank will raise interest rates

  

  Brazil's statistics agency IBGE said on Tuesday the monthly rate of producer price inflation kicked off this year at its second highest, with prices rising across all 24 activities surveyed.

• Tuesday, March 2nd 2021 - 08:20 UTC

  Successful first flight test of pilotless fighter jet, a Boeing and Australian Air Force project

  

  Boeing Co and the Royal Australian Air Force (RAAF) said on Tuesday they had completed the first flight test on a pilotless fighter-like jet designed to operate in conjunction with crewed aircraft.

• Monday, March 1st 2021 - 08:34 UTC

  AstraZeneca sells 7,7% interest in Moderna for a billion US dollars

  

  AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than a billion US dollars after the U.S. biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported.

• Monday, March 1st 2021 - 08:34 UTC

  First totally designed and manufactured Brazilian satellite Amazon-1, successfully launched from India

  

  A Brazilian Earth observation satellite soared to space aboard an Indian rocket late Saturday along with 18 passenger satellites from the United States and India. The Indian Space Research Organization (ISRO) launch, which carried Brazil's Amazonia-1 satellite into orbit, lifted off from the Satish Dhawan Space Centre in Sriharikota, India.

• Friday, February 26th 2021 - 21:27 UTC

  Beijing naval expansion has driven 2020 world military expenditure to a record

  

  Global military spending, driven in part by Chinese naval expansion, reached record levels in 2020 despite the impact of the coronavirus pandemic and ensuing economic contraction, a British think-tank said on Thursday.

• Friday, February 26th 2021 - 13:54 UTC

  IMF admits discussions with Argentina continue but no meeting planned for May

  

  IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.

• Friday, February 26th 2021 - 11:46 UTC

  WTO new chief admits reforming the dispute resolution body “won't be easy”

  

  Reforming the World Trade Organization’s paralyzed dispute-resolution body will be a key priority for the institution, but the process won’t be easy, incoming Director-General Ngozi Okonjo-Iweala said.

• Friday, February 26th 2021 - 09:17 UTC

  Final approval for Delta-Latam “trans-American Joint Venture Agreement”

  

  The final approval for the Delta-LATAM joint venture has been given this week by Brazil. The agreement, which has also been given the nod from Uruguay, still needs approval in some other jurisdictions. The news was released by Simple Flying, an air industry specialized news agency.