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conomie News

3,000 march in Moscow against unpopular pension reforms

Moscow - About 3,000 people demonstrated in Moscow on Saturday against deeply unpopular government plans to raise the retirement age, which have sparked public anger.

Macron plugs holes in cabinet as popularity sinks

Paris - French President Emmanuel Macron was forced to make two quick changes to his cabinet Tuesday after a second popular minister resigned in a week, the latest setback as the centrist leader battles record-low ratings.

Experts see hope after fresh spate of Latin American corruption scandals

Montevideo - With huge new scandals rocking the political elite in Argentina and Peru, and several former Central American presidents in court, Latin America is once again being buffeted by a wave of corruption.

'Humble' Macron responds to critics in state of the union address

Versailles - Seen by critics as arrogant and uncaring, French President Emmanuel Macron struck a humble note Monday while defending his pro-business approach in his annual address to both houses of parliament.

Macron to lay out next phase of reforms as criticism mounts

Paris - President Emmanuel Macron will gather both houses of parliament at the opulent Versailles Palace on Monday for what has become an annual address on his plans for overhauling wide swathes of French society and institutions.

Argentine small businesses feel pinch as consumers tighten belts

Buenos Aires - President Mauricio Macri's center-right government is struggling to stabilize inflation and reassure markets, but Argentina's small businesses are feeling the pinch in a climate of deep budget cuts and layoffs.

US Supreme Court deals major blow to American unions

Washington - The US Supreme Court on Wednesday dealt a major blow to American organized labor, ruling that public sector unions cannot charge non-members fees to cover the costs of collective bargaining.

Italy's populist parties to name future premier pick

Rome - Italy's anti-establishment Five Star Movement (M5S) and the far-right League party prepared Monday to present their pick for future premier of the country's nascent populist government after months of deadlock.

Italian parties agree on nominee for prime minister

Rome - The leader of Italy's far-right League party on Sunday announced that it had reached an agreement with the anti-establishment Five Star Movement on their nominee to be the country's next prime minister.

Peso crisis highlights fragility of Argentina's economy

Buenos Aires - Argentina appears to have resolved, at least in the short term, the crisis over the peso and its depreciation by taking drastic action -- but analysts warn the policy is untenable over time.

Global economy to grow faster than expected in 2018-19,at 3.2 percent: UN

New York - The global economy is set to expand faster than expected in 2018 and 2019, the United Nations said Thursday, predicting a new a growth rate of 3.2 percent.

Top US court rules for Arab Bank in Israel attack case

Washington - Victims of attacks in Israel cannot use an 18th century law to sue the Arab Bank, a multinational financial institution, the US Supreme Court ruled on Tuesday in a precedent-setting case for other foreign businesses.

EU opens door for Balkan states, but hurdles remain

Belgrade - The European Union has offered some of the six Balkan states who hope to join the bloc the prospect of becoming new members by 2025, but warned them they still have many obstacles to overcome.

Poland in the EU: challenging times for a dream come true

Warsaw - Poland's entry into the European Union in 2004 was a dream come true just 15 years after it shed communism, but today its rightwing government is posing an unprecedented challenge to the authority of Brussels in enforcing democratic standards, includin...

Thousands protest austerity measures in Brazil

S - Several thousand Brazilians demonstrated on Friday as part of a day of national mobilization against government austerity measures, including a labor law that will soon come into effect.

US sanctions help push Venezuela to default

Washington - US sanctions against Venezuela have accelerated the already catastrophic decline of the oil-rich nation's economy, and are pushing it to a debt default that economists say could happen as early as this week.

Bridge of discord between Croatia and Bosnia

- Pero Brbora farms his shellfish in Croatia but has to cross the border into Bosnia, and out again, to sell them in his homeland.

US Secretary Ross said NAFTA exit still possible

Washington - US Commerce Secretary Wilbur Ross on Friday reiterated the threat of leaving the North American Free Trade Agreement if the outcome of the ongoing negotiations with Mexico and Ottawa does not satisfy Washington.
 

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