United Nations trade official has warned a US plan to raise tariffs on Chinese goods next month would have massive implications for the global economy. The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on a trade deal by 1 March.
Brazil’s central bank left interest rates at a record low on Wednesday as expected, and signaled it is in no rush to change them even though inflationary pressures have cooled. The bank’s nine-member monetary policy committee, Copom, voted unanimously to keep the benchmark Selic rate at 6.5% for the seventh straight meeting.
Venezuela’s opposition leader Juan Guaido stepped up efforts on Wednesday to win recognition from EU holdout states and insisted the armed forces allow desperately needed humanitarian aid to enter the country.
The construction industry in Argentina ended 2018 with a paltry 0.8% growth, and although taking off at the beginning of last year with a vigorous impulse but beginning May, when the financial situation forced the Peso to lose half of its purchasing power, activity started to freeze ending December with a 20.5% collapse.
European Council President Donald Tusk has spoken of a “special place in hell” for “those who promoted Brexit without even a sketch of a plan of how to carry it out safely”. He was speaking after talks with Irish leader Leo Varadkar in Brussels.Brexit-backing MPs reacted with anger to the comments, accusing Mr Tusk of “arrogance”.
Argentine ex-president Cristina Fernández de Kirchner has – for the third time – been called for questioning under the framework of so-called notebooks graft case. Key business leaders and ex-public officials were also summoned, with prosecutors and judges probing alleged corruption and bribery centred on the ex-head of state's government.
The British Prime Minister Theresa May will visit Dublin on Friday evening for Brexit talks, Ireland's Taoiseach Leo Varadkar has said. Mr Varadkar was speaking after his meeting with Commission President Jean-Claude Juncker in Brussels this afternoon.
A Brazilian court on Wednesday handed a near 13-year sentence to Lula da Silva, in a new corruption conviction for the former president already serving a lengthy jail term in a separate case.
The Falkland Islands Government Air Service has received funding approval from the Executive Council and the Standing Finance Committee for a new aircraft to replace Islander VP-FBM which incurred substantial structural damage while landing at Beaver Island in June.
United States President Donald Trump has announced in his State of the Union speech that he will hold a second nuclear summit with North Korea's leader this month. In an address to the nation with the theme Choosing Greatness, he vowed once again to build a border wall.