Argentine President Milei warns economic shock unavoidable in maiden speech

Argentine President Milei warns economic shock unavoidable in maiden speech

BUENOS AIRES, Dec 10 (Reuters) – Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to a sharp, painful fiscal shock to fix the country’s worst economic crisis in decades, with inflation heading towards 200%. “There is no alternative to a shock adjustment,” he said … Read more

Venezuela and Guyana to meet on December 14 amid territorial dispute

Venezuela and Guyana to meet on December 14 amid territorial dispute

[1/4]People stand during an event to unveil a map of Venezuela showing the disputed Esequibo region as part of the country, as tensions between Venezuela and Guyana have ratcheted up in recent weeks over a long-running territorial dispute, in Caracas, Venezuela, December 8, 2023. REUTERS/Leonardo… Acquire Licensing Rights Read more SAO PAULO, Dec 9 (Reuters) … Read more

China warns Argentina severing ties would be ‘serious mistake’

China warns Argentina severing ties would be ‘serious mistake’

China’s foreign ministry spokesperson Mao Ning attends a press conference in Beijing, China July 26, 2023. REUTERS/Tingshu Wang/File photo Acquire Licensing Rights BEIJING, Nov 21 (Reuters) – China said on Tuesday it would be a “serious mistake” if Argentina were to cut ties, after the weekend presidential election victory in the South American country of … Read more

Games-Pan Am Games come to predictable end but face uncertain future

Games-Pan Am Games come to predictable end but face uncertain future

[1/5]Pan-Am Games – Santiago 2023 – Closing Ceremony – Parque Bicentenario de Cerrillos, Santiago, Chile – November 5, 2023 General view of performers and Fiu the Pan-Am Games mascot during the Closing Ceremony as the evening light illuminates the Andes mountains REUTERS/Ivan Alvarado Acquire Licensing Rights SANTIAGO, Nov 5 (Reuters) – The Pan American Games … Read more

Santander tops forecast as strong Europe offsets weaker US

Santander tops forecast as strong Europe offsets weaker US

A Santander company logo is pictured at the company’s headquarters in Boadilla del Monte, outside Madrid, Spain, February 2, 2023. REUTERS/Violeta Santos Moura Acquire Licensing Rights Q3 profit up 20% to 2.9 bln euros vs forecast 2.77 bln euros Net interest income up 11.6% y/y in Q3, above expectations Botin confident will meet 2023 targets, … Read more

Brazil’s central bank seeks tighter cryptocurrency regulation, brokerage oversight

Brazil’s central bank seeks tighter cryptocurrency regulation, brokerage oversight

BRASILIA, Sept 27 (Reuters) – Brazil’s central bank governor Roberto Campos Neto on Wednesday said policymakers are aiming to tighten cryptocurrency regulation and subject brokerages to their supervision. Speaking during a hearing in Congress, Campos Neto emphasized regulators will scrutinize the backing of cryptocurrencies and associated activities, given the significant surge in cryptocurrency imports by … Read more

For retail investors, jumping on Arm’s blockbuster IPO is a risky business

For retail investors, jumping on Arm’s blockbuster IPO is a risky business

Sept 11 (Reuters) – Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings. Arm’s goal of raising around $5 billion in New York in what might be the biggest … Read more

Brazil thrash Bolivia 5-1 in Neymar’s record-breaking appearance

Brazil thrash Bolivia 5-1 in Neymar’s record-breaking appearance

Soccer Football – World Cup – South American Qualifiers – Brazil v Bolivia – Estadio Mangueirao, Belem, Brazil – September 8, 2023 Brazil’s Neymar celebrates scoring their fifth goal REUTERS/Ricardo Moraes Acquire Licensing Rights BELEM, Brazil, Sept 8 (Reuters) – Brazil lived up to expectations by smashing Bolivia 5-1 at home in their 2026 World … Read more

What is a BRICS currency and is the U.S. dollar in trouble?

What is a BRICS currency and is the U.S. dollar in trouble?

Delegates walk past the logos of the BRICS summit during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. GIANLUIGI GUERCIA/Pool via REUTERS Acquire Licensing Rights JOHANNESBURG, Aug 23 (Reuters) – Brazil’s President called on Wednesday for the BRICS nations to create a common currency for trade … Read more