Argentine markets recovered following an early wobble on Monday as investors grappled with the likely impact of a shock twist in the country’s presidential election race after the main populist challenger opted instead to launch a vice presidential bid.
A delegation of Argentine officials and businesspeople is travelling to the UK to strengthen trade and investment relations as part of efforts from the private sector, Argentine-British Chamber of Commerce, (ABCC), and both countries governments to promote closer economic and financial ties.
A US judge on Monday ruled in favor of a US House of Representatives committee seeking President Donald Trump's financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress.
Brazil's imprisoned ex-president Luiz Inacio Lula da Silva, still loved by large parts of the population, plans to remarry if he is released from prison, a former minister said. Lula, 73, a widower for the past two years, has been sentenced to more than two decades behind bars in two separate corruption cases.
President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.
The UK Electoral Commission said it will visit the offices of Nigel Farage's Brexit Party to review how it raises money after former Prime Minister Gordon Brown called for an investigation. The party leads polling ahead of Thursday's European elections as it attracts voters disgruntled at the failure of the mainstream parties to deliver Brexit.
The United States private sector's mounting debts pose a moderate risk to the world's largest economy, Federal Reserve Chairman Jerome Powell said on Monday.
The US government on Monday eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequences.
British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday.
“It's the first time I've seen an aspiring vice-presidential candidate name here choice to head the presidential ticket”, said rather ironically Jaime Durán Barba, the main political advisor of Argentine president Mauricio Macri in reference to the surprise announcement of the Alberto Fernandez-Cristina Fernandez ticket for the coming October election.