The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.
President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.
An annual U.S. soy exporters' conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years when billions of dollars of the main U.S. cash crop have been signed over to China in elaborate ceremonies.
President Donald Trump has threatened to withdraw the US from the World Trade Organization (WTO) if the body fails to change the way it treats America. “If they don't shape up, I would withdraw from the WTO,” Mr. Trump said in an interview with Bloomberg News.
The United States economic growth was stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration’s goal of 3% annual growth.
The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained.
United States President Donald Trump has warned Google, Twitter and Facebook they are treading on troubled territory amid a row over perceived bias. He said they had to be very careful, after earlier accusing Google of rigging the search results for the phrase Trump news.
The Inter-American Council for Integral Development of the Organization of American States (OAS) today organized a meeting that featured Secretary General Luis Almagro, White House Advisor Ivanka Trump and the President and CEO the Overseas Private Investment Corporation (OPIC), Ray W. Washburne, to discuss “Financial Empowerment of Women for the Sustainable Social and Economic Development of the Americas.”
US President Donald Trump has announced that the White House flag will be returned to half-staff, after critics attacked his response to the death of Republican senator John McCain.
According to Buenos Aires daily Clarin, United States authorities have offered to collaborate with Argentine President Mauricio Macri’s government in the ongoing K notebook scandal by providing confidential information on a number of US bank accounts used to hold alleged Kirchner bribe money.