"In his words, a 'more equitable' relationship for the benefit of both peoples." The White House said Biden underscored that he looks forward to working with Petro on issues of climate change, health, and implementing Colombia's 2016 peace accord. Colombian peso, market down on leftist Petro's win BOGOTA - Colombia's peso currency, its stock index and shares in state-run oil company Ecopetrol were all down in the first minutes of trading on Tuesday after Petro's victory. Petro has promised to tackle deep inequality with pension redistributions, free university education and other social programs.
World leaders, financiers and chief executives said they were leaving this week’s World Economic Forum with an urgent sense of the need to reboot and redefine ‘globalization’. The framework of open markets that has shaped the last three decades of commerce and geopolitics looks increasingly wobbly as trade spats fan economic nationalism, a pandemic exposes .
Brazil's government reduced the import tax on steel rebar to 4% from 10.8% to put the tariff in line with other countries' practices, the Economy Ministry said on Wednesday.