Economy

• Friday, August 30th 2013 - 01:02 UTC

  Falklands’ consultation on new deep port receives many suggestions and strong support

  

  The Falkland Islands government has released the findings of the public consultation document ‘Your Future – Your Say’ which show a very strong support for phased development of the new port, “to serve all its potential users,” according to an Executive Council paper.

• Thursday, August 29th 2013 - 02:48 UTC

  IMF encouragement for Brazil’s economy gradual upturn

  

  The Brazilian economy is on a gradual upturn from the slowdown begun in mid-2011, the IMF says while urging Brasilia to continue efforts to rein in inflation. The country's 12-month inflation reached 6.27% in July, close to the upper limit of the government target of 6.5%.

• Thursday, August 29th 2013 - 02:20 UTC

  Freezing frosts kill 4.000 cattle in landlocked Paraguay

  

  Freezing cold temperature from heavy frosts are estimated to have killed at least 4.000 head of cattle in landlocked Paraguay, according to the primary reports from the country’s National Animal Quality and Health service, Senasa.

• Thursday, August 29th 2013 - 02:13 UTC

  Australia calls on sheep farmers to test rams for ovine brucellosis

  

  Australia Livestock Health and Pest Authorities (LHPA) are encouraging all sheep producers to test their rams for ovine brucellosis, following recent positive tests that the disease might be spreading throughout the country.

• Wednesday, August 28th 2013 - 21:56 UTC

  Brazil raises benchmark interest to 9% hoping to rein in inflation

  

  Brazil raised on Wednesday its Selic benchmark interest rate to 9% from 8.5% in a further attempt to rein in inflation. The central bank's monetary policy committee, the Copom, voted unanimously for a third straight half percentage point rate rise.

• Wednesday, August 28th 2013 - 14:24 UTC

  EU Home Affairs Commissioner heads mission to examine Spanish controls at Gibraltar border

  

  Cecilia Malmstrom, European Commissioner for Home Affairs, will be heading the mission tasked with examining border controls imposed on Gibraltar by Spain while a second mission will address the ‘customs dimension’ issue, the European Commission has confirmed. British authorities will be involved in the EC probe of the Gibraltar frontier as will Spanish officials but no date for the visit has been set though it is expected within a few weeks.

• Wednesday, August 28th 2013 - 14:22 UTC

  UK reaffirms support for Gibraltar; Picardo meets with PM Cameron and Hague

  

  British Prime Minister David Cameron office has highlighted the significance of Chief Minister Fabian Picardo’s visit to No 10 Downing Street as an indication of the relationship and support of UK for Gibraltar.

• Wednesday, August 28th 2013 - 14:13 UTC

  Falklands’ lawmaker invites Brazilian companies to join Islands oil industry development

  

  The sovereignty issue should be left aside and talks should concentrate on the business opportunities offered by the oil industry in the Falkland Islands, said lawmaker Dick Sawle during an interview with AP in Brazil where he is on a week long visit of business and political contacts.

• Wednesday, August 28th 2013 - 01:07 UTC

  Argentina's international reserves at a six year record low, and sliding ….

  

  Argentina’s central bank international reserves pierced the psychological barrier of 37bn dollars and ended Tuesday at 36.9bn dollars, which is the lowest in over six years and will continue to drain since next month the country must repay in full 2bn of a 2007 sovereign bond.

• Wednesday, August 28th 2013 - 00:43 UTC

  Wide political support in Argentina for Cristina Fernandez new debt swap proposal

  

  The opening of a new sovereign debt swap announced by Argentine President Cristina Fernández on national television on Monday has received strong support from allies, pledges of neutrality from the main opposition party but also criticisms.