Politics

• Tuesday, July 3rd 2018 - 07:26 UTC

  Argentina plans to free fuel prices starting in August

  

  Argentina will allow fuel retailers to freely set pump prices starting in August, according to an Energy Ministry official familiar with the plan, a move that could encourage badly needed investment in the nation's oil patch but risks worsening sky-high inflation and angering consumers.

• Tuesday, July 3rd 2018 - 07:13 UTC

  Mexican peso weakens and stock market sheds 2% after Lopez Obrador sweeping Sunday victory

  

  Mexico's stock market sank on Monday and the peso slid after presidential candidate Andres Manuel Lopez Obrador handily won election while his allies picked up a significant number of congressional seats. Mexico's benchmark stock index shed more than 2%, its steepest one-day drop in nearly five months, after Lopez Obrador on Sunday won with the widest margin in a presidential election since the 1980s

• Monday, July 2nd 2018 - 20:47 UTC

  Tension for the Brexit: Theresa May will meet with Angela Merkel and leaders of the EU

  

  The British Prime Minister, Theresa May, will visit Berlin and the Netherlands in the coming days to meet with the German Chancellor Angela Merkel and Dutch authorities before assembling her government to finally decide what commercial relationship her country wants with the European Union (EU) in the future, commented her spokesman on Monday.

• Monday, July 2nd 2018 - 08:41 UTC

  Merkel's coalition on the cliff over differences on migration policy with her Bavarian allies

  

  The resolution to Germany's government crisis proved elusive on Sunday after the head of the Bavaria-only Christian Social Union in Angela Merkel's conservative bloc offered his resignation rather than back down from his stance against the chancellor's migration policies.

• Monday, July 2nd 2018 - 08:31 UTC

  Leading world car makers urge US not to impose tariffs on auto imports

  

  BMW and Hyundai Motor urged the U.S. not to impose tariffs on auto imports, joining General Motors Co. in pressing their case to the Commerce Department even as a top aide to President Donald Trump dismissed the concerns as “smoke and mirrors.”

• Monday, July 2nd 2018 - 08:25 UTC

  Saudi Arabia prepared to help with Trump's request “to pump more oil”, but gives no specifics

  

  President Donald Trump said over the weekend that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, “maybe up to 2,000,000 barrels” in response to turmoil in Iran and Venezuela. Saudi Arabia acknowledged the call took place, but mentioned no production targets.

• Monday, July 2nd 2018 - 08:17 UTC

  Canadian retaliatory tariffs of US$ 12.6bn on US goods became effective

  

  Canada began imposing tariffs Sunday on US$12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States. Some U.S. products, mostly steel and iron, face 25% tariffs, the same penalty the United States slapped on imported steel at the end of May.

• Monday, July 2nd 2018 - 07:28 UTC

  Landslide win for México's Lopez Obrador who pledged battle the 'mafia of power'; Trump congratulates

  

  Andrés Manuel Lopez Obrador, who rallied voters with his battle cry against corruption and promises to the poor, won a resounding victory Sunday night in Mexico’s presidential election, after the concession of his two top rivals. The victory makes him the first left-oriented president since Mexico began its transition to democracy more than 30 years ago.

• Monday, July 2nd 2018 - 07:27 UTC

  Lula's latest appeal will be referred by the full Supreme Court in August

  

  Brazil's Supreme Court (STF) Justice Edson Fachin has referred the appeal filed by the former president Lula da Silva's defense team to the full court. The ruling is expected for August, after the recess of the Brazilian judiciary.

• Monday, July 2nd 2018 - 07:03 UTC

  EU university students in UK will have same treatment as home students in post Brexit

  

  European Union students at universities in England will continue to be treated the same as home students in the first intake after Brexit. UK Education Secretary Damian Hinds says EU students starting in autumn 2019 will pay the same tuition fees as English ones and their access to support will be unchanged.