With the U.S. presidential election just over a month away, former president Barack Obama has urged citizens to cast their votes in a race that matters not only nationally but globally.
Some economies in Latin America could see a "record-breaking contraction" not seen since World War II, according to investment bank Goldman Sachs.
India trails behind the U.S., Brazil and Russia, with cumulative infection numbers over 320,000, according to Johns Hopkins University data.
The coronavirus has infected more than 7.9 million people globally, and killed at least 433,066.
Fears over disruptions to supply chains have led to some degree of coffee hoarding among consumers and countries — and that's given coffee prices a much-needed boost.
The dispute at the highest reaches of Brazilian politics coincides with several countries debating when and how life should start returning to normal after coronavirus lockdowns, which are predicted to drive the global economy into recession.
Many governments have announced large amounts of stimulus to support their respective economies, with some taking up more debt to fund those expenditure.
President Trump's announcement that he was going to withdraw U.S. funding for the World Health Organization (WHO) has provoked widespread criticism.
America's shale patch was seen to be vulnerable when oil prices went into a free fall amid the Russia-Saudi Arabia price war, but the latest OPEC+ deal will save jobs in the U.S. oil industry, said Kirill Dmitriev of RDIF.
Indian budget hotel chain Oyo has pledged to do "the right thing" by offering free accommodation to coronavirus frontliner workers and citizens stranded overseas.
Guyana is set to decide on a new government to oversee the highest amount of oil per person of any country in the world.
Just over a week after the U.S. and China signed a critical phase one trade agreement, it's still unclear how a key aspect will play out.
China's November soybean purchases from the United States surged from a year earlier, data showed on Wednesday, as cargoes booked by importers with tariff-free quotas cleared customs.
BRASILIA, June 21- Brazilian markets rallied on Friday as the increasing likelihood of interest rate cuts at home and abroad, together with rising oil prices and optimism over domestic economic reforms boosted investor sentiment and sent stocks to their highest on record. "It seems obvious to say, but a combination of a dovish Fed and a central bank showing it is...
cenbank decision@ June 21- Mexico's peso slipped in subdued volume on Friday and Colombia's currency treaded water ahead of a decision by its central bank on interest rates amid concerns over U.S.- Iran tensions. "We remain of the view that the BCB sits on hold for 2019, at least until pension reform is closer to completion," Sacha Tihanyi, deputy head of emerging...
BRASILIA, June 19- Brazil's central bank held its benchmark interest rate at a record-low 6.50% on Wednesday, as expected, noting that inflation risks had evolved "favorably" amid a stalled economic recovery, but progress on economic reforms remained uncertain. Policymakers said recent economic data indicated that Brazil's economic recovery had been...
June 19- Latin American currencies firmed on Wednesday, with Brazil's real and Mexico's peso reversing session losses to trade higher after the Federal Reserve signaled possible rate cuts of as much as half a percentage point in 2019. Brazil's real was up 0.2%, reversing losses of up to 0.6% logged earlier in the day, while Mexico's peso rose 0.1%, recovering...
June 18- Latin American currencies firmed on Monday, with the Mexican peso hitting its highest in more than two weeks, boosted by the European Central Bank president's dovish comments. In Mexico, President Andres Manuel Lopez Obrador proposed holding a recall referendum on his presidency on March 21, 2021, if Congress cannot agree to a constitutional change...
BRASILIA, June 17- Brazilian President Jair Bolsonaro's government has named a 38- year-old banking executive as the head of development bank BNDES, replacing Joaquim Levy, who resigned on Sunday after Bolsonaro publicly criticized him. Levy, an internationally respected economist, was Brazil's finance minister during Rousseff's government and later was...
BRASILIA, June 17- Brazilian President Jair Bolsonaro's government has named a 38- year-old banking executive to as the new head of development bank BNDES, replacing Joaquim Levy, who resigned on Sunday after he was publicly criticized by Bolsonaro. Levy, an internationally respected economist, was Brazil's finance minister during Rousseff's government...
