Politics

Thursday, November 29th 2018 - 09:23 UTC
Trump favors imposing tariffs to protect US auto industry; EU ready to react with retaliation tariffs

President Donald Trump on Wednesday indicated he favours imposing import tariffs to protect the US auto industry, which was rocked by this week's announcement of job cuts at General Motors. In two tweets, the president said that extending tariffs already in place for foreign-built small trucks to the car sector would help domestic manufacturers.
Thursday, November 29th 2018 - 09:21 UTC
Sir Alan Duncan praises agreement on Falklands' second commercial link with the region

Foreign Office minister for the Americas, Sir Alan Duncan praised as historic the UK/Argentina agreement on a second commerical flight between the Falklands and the region.
Thursday, November 29th 2018 - 08:35 UTC
Bank of England warnings on a no-deal Brexit: recession and plunging pound

A no-deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned. It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third. The Bank of England also warned the pound could fall by a quarter.
Thursday, November 29th 2018 - 08:31 UTC
Brazil withdraws its offer to host UN conference on climate change next year

Brazil has withdrawn its offer to host a large U.N. conference on climate change next year, the foreign ministry said on Wednesday, leading environmental groups to question the government's commitment to reducing carbon emissions.
Thursday, November 29th 2018 - 08:23 UTC
China/Argentina closer links; Beijing to finance the country's fourth nuclear power plant

Argentina and China are aiming to close a deal within days for the construction of the country's fourth nuclear power plant, a multi-billion dollar project that would cement Beijing’s deepening influence in a key regional U.S. ally.
Thursday, November 29th 2018 - 08:16 UTC
Canadian journalist covering G-20 Summit tastes BA crime and justice

Days after the Libertadores Cup fiasco that proved the city's security authorities inability to escort just one bus, Canadian journalist John Kirton was robbed off his belongings Tuesday in downtown Buenos Aires, as he was finalising details for his coverage of the G-20 Summit.
Thursday, November 29th 2018 - 07:20 UTC
Mexico's Lopez Obrador takes office amid business community concerns

Mexico's central bank cut its economic growth forecast for 2019 on Wednesday, citing uncertainty over the policies that president-elect Andres Manuel Lopez Obrador will pursue. In its quarterly report on the state of Latin America's second-largest economy, after Brazil, the Bank of Mexico predicted growth of 1.7 to 2.7% next year, down from 1.8 to 2.8% in its previous forecast.
Thursday, November 29th 2018 - 06:56 UTC
G20: Step Up to Boost Inclusive Growth

By Christine Lagarde - As G20 leaders gather in Argentina, the global economy faces a critical juncture. We have had a good stretch of solid growth by historical standards, but now we are facing a period where significant risks are materializing and darker clouds are looming.
Thursday, November 29th 2018 - 06:49 UTC
“He is Argentine, he is undisciplined”

A young boy upstaged Pope Francis on Wednesday, escaping from his mother and running onto the papal podium at a general audience, tugging on the hand of a Swiss guardsman and playing behind the pontiff’s chair.
Wednesday, November 28th 2018 - 18:50 UTC
Brazilian credit card users offered predictable exchange rate for deals in foreign currency

Brazil's Central Bank (BCB) President Ilan Goldfajn Wednesday announced a new rule for credit card charges in foreign currency: the sum consumers will have to pay in reais will be calculated on the basis of the exchange rate at the day of the transaction. The measure, however, will become effective as March 1, 2020.