By Sarah Morland and Marco Aquino LIMA (Reuters) – Peru’s economy is projected to have expanded just under 3% in the second quarter of 2025, central bank chief economist Adrian Armas said on Friday, adding that this remained in line with the bank’s forecasts of 3.1% growth by the end of the year. Peru’s gross …
Peru central bank holds growth forecasts steady as Trump readies copper tariffs Read More »
By Nandita Bose, Bernardo Caram and Gabriel Araujo WASHINGTON/BRASILIA/SAO PAULO (Reuters) -Brazil’s government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from both nations expressed a cautious willingness to negotiate in the future. Trump told reporters he might speak later …
Trump says he will speak to Lula at some point as Brazil downplays tariff impact Read More »
BUENOS AIRES (Reuters) -Argentina’s monthly inflation likely ticked up to 1.9% in June, according to the median forecast of a Reuters poll, after May’s rise marked the lowest monthly increase since 2020. The month of May had marked the smallest monthly increase in five years for South America’s No. 2 economy, with consumer prices rising …
Argentina inflation seen accelerating in June after May slowdown Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s unemployment rate fell slightly to 6.9% in June as the wholesale and retail trade sectors as well as manufacturing, healthcare and social assistance all saw surprise job growth, data showed on Friday. The economy added 83,100 new jobs in June, the first net increase since January, Statistics Canada said. …
Canada records surprise job gains, June unemployment rate edges down Read More »
TORONTO (Reuters) -Canada’s economy added 83,100 jobs in June, the first net increase since January, and the jobless rate edged down to 6.9%, Statistics Canada data showed on Friday. Market reaction: [CAD/] Link: COMMENTARY ADAM BUTTON, CHIEF CURRENCY ANALYST AT FOREXLIVE “The Canadian jobs report isn’t quite as strong as it first appears but it’s …
Instant view: Canada’s economy adds 83,100 new jobs in June Read More »
BRASILIA (Reuters) -Brazil’s finance ministry raised its forecast for economic growth this year, while projecting a slight slowdown in 2026 in face of the central bank’s tight monetary policy, a report showed on Friday. The ministry’s economic policy secretariat now expects Brazil’s gross domestic product to grow 2.5% in 2025, up from the 2.4% estimated …
Brazil raises forecast for 2025 GDP growth, sees slowdown next year Read More »
By Bernardo Caram BRASILIA (Reuters) -The Brazilian government secured 10.2 billion reais ($1.8 billion) in revenue from the first round of tax debt renegotiations with major companies this year, the Treasury’s attorney general and the Federal Revenue Service said. As part of the initiative, which is included in a broader effort to reduce Brazil’s fiscal …
Brazil to collect $1.8 billion from debt renegotiation with big companies Read More »
BERLIN (Reuters) -Germany’s debt is expected to increase to 74% of gross domestic product by 2030 from 62.5% last year due to the increase in spending on defence and infrastructure, according to a report from the European rating agency Scope seen by Reuters on Friday. Germany’s parliament approved plans for a massive spending surge in …
German debt level will rise to 74% of GDP by 2030, Scope says Read More »
By Maria Martinez BERLIN (Reuters) -The German upper house of parliament approved on Friday a first tax relief package worth 46 billion euros ($54 billion) from 2025 to 2029 to support companies and revive the country’s sluggish economy. The package, which had already been approved by the lower house, includes measures such as favourable depreciation …
German upper house of parliament approves $54 billion corporate tax relief package Read More »
(Reuters) -Tariff curve balls lobbed at economies and markets around the world by U.S. President Donald Trump will punctuate a week of inflation data from the U.S. and Britain as well as growth and retail sales numbers from China. Meanwhile, earnings season is getting under way on both sides of the Atlantic and G20 finance …
