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Current Edition
Friday, July 31st 2015 - 05:44 UTC

Ex-Top Gear team will front a new motoring program with Amazon Prime

Clarkson's contract was not renewed following an “unprovoked physical attack” on a Top Gear producer. His co-hosts then followed him in leaving the show.

Former BBC' Top Gear hosts Jeremy Clarkson, Richard Hammond and James May have signed up to present a new show on Amazon's streaming video service. The trio will front three series of a new motoring program for Amazon Prime, with the first season to be made available worldwide in 2016.

Friday, July 31st 2015 - 05:33 UTC

Dollar in Chilean Pesos climbs to its highest level since December 2008

The strong US economy and the fall in the price of copper, because of lesser Chinese demand have weakened the Chilean peso

The US dollar ended Thursday trading in the Chilean money exchange market at its highest since December 2008, that is 674 Pesos for the greenback. Currently and seven years ago the main reason has been the US monetary policy: the sub-prime crash in the US and fears of the debacle expanding to the rest of the world, and now growing chances of the Federal Reserve deciding on a rise of the prime rate.

Thursday, July 30th 2015 - 22:31 UTC

UK Overseas Territories agree on a 'unified front' for December's JMC in London

The participants of the meeting in Hamilton pose for the 'family picture' at the end of discussions

Leaders of several British Overseas Territories meeting in Bermuda released a joint statement following a Pre-Joint Ministerial Council two-day meeting held last week in Hamilton. The goal of the international gathering was to discuss matters of common interest in order to present a unified front next December at the JMC in London.

Thursday, July 30th 2015 - 22:28 UTC

For the sixth straight time, Brazil raises interest rate 50 points to 14.25%

Copom said keeping rates at 14.25% level for a sufficiently long period of time was needed for inflation to converge to the target in late 2016.

Brazil's central bank raised interest rates to 14.25% from 13.75% as expected on Wednesday, delivering another hefty increase to stifle inflationary risks from a sharp depreciation of the local currency. This is the highest rate since October 2006.

Thursday, July 30th 2015 - 15:55 UTC

Warren Buffett And Elon Musk To Spark A Lithium Boom

Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for lithium use will be in electric vehicles

The age of electrification across the transportation sector, the solar panel revolution, and Tesla's battery giga-factory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor's radar. It has been easy to take lithium for granted.

Thursday, July 30th 2015 - 09:39 UTC

Brazil's agriculture minister optimistic about a Mercosur/EU trade accord by end of the year

“Mercosur is on the right track, countries of the region have virtually agreed on the proposals to exchange with the European Union”, said Ms Abreu

Brazil' minister of agriculture Katia Abreu said she was very optimistic about Mercosur reaching a trade agreement with the European Union, and if there are problems look to Europe, because Mercosur members have almost agreed and finished their proposal.

Thursday, July 30th 2015 - 09:16 UTC

Kicillof blasts 'speculators' for promoting a run from the Peso to the US dollar

”When people get frightened, they don’t invest the same way. If people believe there will be devaluation, a foreign market slowdown, they won’t invest”

Argentina's economy minister and central bank governor came out strongly to warn the “devaluation club” and speculators in the foreign exchange market who allegedly are pushing the value of the US dollar and sinking the local Peso.

Thursday, July 30th 2015 - 09:04 UTC

Fed pleased with labor market gains but inflation remains 'soft' distant from 2% target

“The labor market continued to improve, with solid job gains and declining unemployment,” said FOMC. Unemployment fell to 5.3% in June

The United States Federal Reserve on Wednesday decided to leave its benchmark federal funds interest rate unchanged at between 0 percent and 0.25 percent, while it offered an optimistic assessment of the world's biggest economy and hinted that a rate hike remains on the short-term horizon.

Thursday, July 30th 2015 - 08:43 UTC

Gibraltar protests to Brussels that Spain is again causing disruption and delays at the border

Deputy Chief Minister Dr Joseph Garcia noted the arrival of the tourist season once again coincided with disruption and delays at the border

Gibraltar has accused Spain of having chosen once again not to behave as European partners as a result of the latest pedestrian delays at the border. The Gibraltar Office in Brussels was asked to relay information to the European Commission on the latest delays caused by the introduction of an Automated Border Control system on the Spanish side.

Thursday, July 30th 2015 - 08:30 UTC

Platini confirms bid to replace Blatter and “give FIFA the dignity it deserves”

Platini declare his intention to run for the FIFA presidency after Blatter announced on July 20 that he would definitely step aside on Feb. 26.

Michel Platini launched his bid to replace Sepp Blatter at the helm of world football, pledging “to give FIFA back the dignity and the position it deserves”.
On Wednesday he sent a letter to the leaders of FIFA's 209 member associations, some of whom he canvassed for their support at the 2018 World Cup draw in St Petersburg last Saturday.

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