Economy

• Tuesday, September 11th 2012 - 06:30 UTC

  Falklands’ companies readying to provide support services to oil industry

  

  Falkland Islands’ companies are, “stepping up to the plate,” in providing support services to the oil industry; and their investment in increased work forces, facilities and equipment is already paying dividends.

• Tuesday, September 11th 2012 - 06:11 UTC

  Cristina Fernandez targets Argentines going abroad to contain outflow of dollars

  

  No end for the US dollar clamp in Argentina. According to the Buenos Aires media the government of President Cristina Fernandez is preparing a set of new measures to further limit Argentines from holding the US currency but also from spending abroad on tourism.

• Tuesday, September 11th 2012 - 06:01 UTC

  Poor news in China and US could mean additional stimuli could be in the pipeline

  

  The Brazilian stock exchange Bovespa index rose for a third session as Brazilian raw-material producers rallied after weaker economic data from China to the US fueled strong hopes policy makers will take further steps to boost growth.

• Tuesday, September 11th 2012 - 05:24 UTC

  Fears of sharp slowdown of the Chinese economy as imports keep sliding

  

  China's exports grew less than forecast and imports fell in August, adding to fears about a sharp slowdown in its economy. Exports rose by 2.7% from a year earlier as global demand continued to remain subdued. Imports fell 2.6% from a year ago, indicating a decline in home grown consumption.

• Tuesday, September 11th 2012 - 05:14 UTC

  Argentine August ‘non-official’ inflation index marks 1.9% and 24.23% in twelve months

  

  Argentina’s August inflation index based in the analysis of nine private agencies and released by Congressional members from the opposition climbed 1.9% against the previous month, the highest in the last four months.

• Tuesday, September 11th 2012 - 05:02 UTC

  Falkland Oil & Gas expected to announce results of drilling in next few days

  

  Falkland Oil and Gas has provided an update on drilling operations at its Loligo prospect, following market speculation which has seen the value of the companies shares fall by almost 30% at one point on Monday.

• Tuesday, September 11th 2012 - 04:49 UTC

  Brazil total harvest estimate, 164.5 million tons; corn up 29%; soy down 12%

  

  Brazil’s harvest of cereals, legumes and oilseeds reached an estimated 164.5 million metric tons in 2012, which is 2.8% above the figure of 2011 (160.1 million metric tons) and 0.7% above the July estimate (163.3 million metric tons).

• Tuesday, September 11th 2012 - 03:57 UTC

  Brazilian population increases “one Uruguay” in two years, and totals 194 million

  

  The Brazilian population amounts to 193,946,886 people, according to estimates from the Brazilian Institute of Geography and Statistics (IBGE), based on the 2010 Census, as released in Brasilia last week.

• Monday, September 10th 2012 - 05:29 UTC

  In spite of God and Cristina, several Argentine governors teaming up as an option

  

  Cordoba’s governor picked up the glove and replied to Argentine President Cristina Fernandez statements on God and fear arguing that God cannot be feared; I learned not to fear God or any other kind of governing body, however powerful they are”.

• Monday, September 10th 2012 - 05:26 UTC

  Argentine budget numbers ever so red in the seven months of 2012

  

  The Argentine financial deficit soared to 13.5 billion Pesos in the first seven months of the year and could have reached 25.9bn Pesos had it not been for extraordinary resources from Social Security funds and the Central bank, according to the numbers published in the last release from the Central Bank.