Hong Kong enters recession, official says, as protests again erupt in flames
Hong Kong has fallen into recession, hit by five months of anti-government protests that erupted in flames at the weekend, and is unlikely to achieve any growth this year, the city’s Financial Secretary said.
Argentina-Brazil relations tense up with Peronist election victory
The election of Peronist Alberto Fernandez in Argentina, whom Brazil’s right-wing President Jair Bolsonaro has called a “red bandit,” sets the stage for a run-in between South America’s two biggest economies that could derail their Mercosur trade bloc….
President-elect Fernandez meets Macri as Argentina faces new future
Argentine President-elect Alberto Fernandez arrived at the presidential palace in Buenos Aires on Monday for a meeting with outgoing incumbent Mauricio Macri where the two are expected to discuss the potentially tricky transition of power as financial …
Argentine peso opens stronger after Fernandez victory, central bank currency controls
Argentina’s peso opened slightly stronger on Monday after leftist opposition candidate Alberto Fernandez clenched victory over incumbent Mauricio Macri in the presidential election, and the central bank tightened its restrictions on dollar purchases.
Iraq declares Baghdad curfew as renewed protests enter fourth day
Iraq declared a curfew in Baghdad on Monday from midnight (2100 GMT) until 6 a.m. (0300 GMT) as renewed anti-government protests in which over 200 people have been killed entered a fourth day with students joining in.
Russia guarded over Baghdadi killing, world leaders say fight goes on
Russia offered guarded praise on Monday after President Donald Trump announced that U.S. forces had killed Islamic State leader Abu Bakr al-Baghdadi, but world leaders warned that the fight against the militant group was not over yet.
Trump says U.S. may release parts of Baghdadi raid video
U.S. President Donald Trump said on Monday he may declassify and release part of the video taken on Saturday of the raid in Syria in which Islamic State leader Abu Bakr al-Baghdadi was killed.
Chileans call for new protests even as Pinera readies cabinet reshuffle
President Sebastian Pinera readied a cabinet reshuffle Monday morning, as Chileans angry at inequality called for more demonstrations this week in the biggest political crisis since the country’s return to democracy in 1990.
Lebanon’s closed banks pledge to pay out salaries
Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by a wave of protests against politicians blamed for corruption and steering Lebanon toward economic collapse.
Lebanese banks to secure salaries, remain closed Tuesday: statement
Lebanese banks will stay shut on Tuesday amid ongoing unrest, but are working to ensure public and private sector workers receive their salary payments, the country’s banking association said on Monday.
