Credit risk agency Moody's is warning about growing problems with the Chinese economy, and has cut its outlook on government-s debt to negative from stable. China has become the world's second largest economy and the main trading partner, among others of South American countries.
On his last full day in the country before leaving for China, Uruguayan President Luis Lacalle Pou criticized opposition leaders for suggesting he was involved in drug trafficking, which the Marset scandal that led to the resignation of several ministers earlier this month would allegedly prove.
San Francisco is finalizing its arrangements for the Asia-Pacific Economic Cooperation (APEC) Summit during which a key meeting between Presidents Joseph Biden of the United States and Xi Jinping of China is expected to take place on Nov. 15. Xi and Biden will get together to discuss a range of “potentially contentious” topics including the need for military-to-military dialogue.
By Sir Oliver Heald (*) The UK’s Blue Belt Programme for ocean conservation in our Overseas Territories is one of the Conservative Party’s biggest environmental achievements of the past thirteen years.
Brazil did not enjoy the globalization process that started in the 1980s to its fullest potential. Still, it may have a second chance now amid the current de-globalization process – essentially an adjustment of globalization.
Chinese President Xi Jinping told Brazilian Lower House Speaker Arthur Lira in Beijing Friday that their countries should firmly support each other in the face of a tumultuous world. Xi also insisted the BRICS partners were the two largest developing nations on the planet.
The blue (a euphemism for black market) dollar plunged on Wednesday, closing at AR$ 885/905 (buy/sell), down from AR$ 985 the previous day, after the extension of the swap with China was announced and raids on illegal exchange parlors known as cuevas (caves) intensified, leading to new arrests, it was reported in Buenos Aires.
Argentine President Alberto Fernández met with the head of the New Development Bank (NDB), Dilma Rousseff, to advance the South American country's accession to the BRICS financial institution.
Various members of the Chilean delegation touring China ahead of the III Forum of the Belt and Road International Cooperation have tested positive for Covid-19 although President Gabriel Boric Font's results came back negative. All those infected will begin a 5-day isolation as per Chilean sanitary protocols, it was reported.
Argentine President Alberto Fernández held meetings in Shanghai with businessmen and local authorities ahead of his participation at the Third Belt and Road Forum to which he was invited by Chinese leader Xi Jinping.