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Indonesia budget walks a fine line between growth, restraint

Bloomberg Indonesian President Joko Widodo proposed record government spending next year to drive the economy to its quickest projected growth in seven years, counting on stimulus and investment to overcome risks from a global slowdown and escalating trade war. Southeast Asia’s largest economy is forecast to grow 5.3% next year, the fastest pace since 2013, the president said in his ...

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Wiped out again, Argentina bulls sift through the ashes

Bloomberg There are sell-offs and there are sell-offs. But what occurred in Argentina is on a scale of its own. The local stock market tanked 45% in dollar terms and bond prices tumbled 34% after a surprise in the primary election on August 11 that was widely seen as foretelling a victory for the opposition populists when the presidential vote ...

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US-Mexico tomato trade war facing crucial deadline

Bloomberg A key deadline is set to lapse on Monday that could lead to permanent US tariffs on Mexican tomato imports, with costs potentially hitting American consumers when the weather turns cold later this year. As of last week, the two sides had failed to reach an agreement to end an anti-dumping investigation over Mexican tomato imports and lift a ...

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