Economy

Tuesday, June 20th 2017 - 21:24 UTC
The Falklands: 35 Years of Progress opens today at the A&D Gallery

“The Falklands: 35 Years of Progress” is the second photographic exhibition held by the Falkland Islands Government, and is an exhibition with a difference. The photographs were crowd-sourced by the Falkland Islands Government, which ran a competition to find the very best pictures from the Islands’ many skilled photographers.
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Sunday, June 18th 2017 - 02:34 UTC
Brazilian President Temer to tour Russia, Norway this week

President Michel Temer of Brazil is to meet his Russian counterpart Vladimir Putin during his Moscow stop this coming week. Among the items to be discussed is the purchase of air defense missile systems. There will also be talks with Russian investors to discuss energy matters.
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Saturday, June 17th 2017 - 16:26 UTC
Pence to visit Colombia, Chile, Argentina and Panama in August

US Vice President Mike Pence announced he will be travelling to Central and South America later this year. During a conference on Prosperity and Security in Central America in Miami it became known that the Vice President will be touring Colombia -Cartagena and Bogota-, Buenos Aires, Santiago de Chile and Panama City on August 13-18.
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Saturday, June 17th 2017 - 12:41 UTC
Argentina joins Asian Infrastructure Investment Bank (AIIB)

In need of further international financial assistance and under pressure after settling a debt crisis, President Mauricio Macri's administration makes yet another move to seek renewed channels for funding.
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Monday, June 12th 2017 - 11:05 UTC
IMF sees Brazil and Argentina helping to pull Latin American out of recession

The International Monetary Fund offered an encouraging outlook for Brazil´s growth in 2018 since the intense political uncertainty is yielding, monetary policy easing and progress on the government’s economic reform agenda should help the country pull out of its worst recession in a century.
Monday, June 12th 2017 - 01:46 UTC
The “robot revolution”, angry men, and Great Depression unemployment

By Gwynne Dyer
Wittenberg is the German city where Martin Luther nailed his 95 theses to the church door 500 years ago and launched the Protestant Reformation. To mark the anniversary, the local Protestant authorities have installed a robot called BlessU-2 to deliver blessings in five languages.
Saturday, June 10th 2017 - 10:30 UTC
Europe “ready” to begin Brexit talks sticking to the time plan, says Angela Merkel

Angela Merkel has said she sees no obstacles in the way of beginning Brexit talks as scheduled after Theresa May failed to win a majority in Thursday's UK election. The German chancellor said she believed Britain would stick to the timetable, adding the European Union was “ready”.
Saturday, June 10th 2017 - 09:16 UTC
Brazil tightens corruption controls on banks and listed companies

Brazilian presidential decree raising fines on banks and listed companies involved in illicit acts aims to empower the central bank and the country's securities industry watchdog in their efforts to bolster transparency, Finance Minister Henrique Meirelles said in Paris.
Friday, June 9th 2017 - 10:58 UTC
Germany and Argentina pledged to fight protectionism and reach a Mercosur/EU trade deal

Germany and Argentina voiced hopes Thursday for a free trade agreement between the European Union and Mercosur as German Chancellor Angela Merkel visited Buenos Aires. In talks with Argentine President Mauricio Macri, Merkel discussed bilateral commerce and efforts to strike a deal with the Mercosur grouping of South American countries.
Thursday, June 8th 2017 - 07:02 UTC
Santander rescues Banco Popular, which was “failing or likely to fail”

Spanish Banco Popular has been rescued from the brink of collapse by larger rival Santander for one Euro. Buying Banco Popular will cost Santander 7bn euros, around 2bn euros more than analysts had expected. Banco Popular was described by the European Central Bank as “failing or likely to fail” due to its dwindling cash reserves.The bank has struggled after billions in property investments turned sour.