Prime Minister Theresa May told EU leaders that Britain would not just rubber-stamp agreements made between the other member states when they meet as 27. In her first European Council, she said that as long as the UK was a full member of the EU, it wanted a seat at the table for discussions over the bloc’s future.8 comments
The European Central Bank left its key interest rates and its bond-buying stimulus program unchanged on Thursday as it seeks more data on the strength of Europe’s modest economic recovery. The decision came at a meeting of the bank’s 25 member governing council at its headquarters in Frankfurt, Germany.Add your comment!
Brazil's central bank cut its key interest rate for the first time in more than three years on Wednesday as a new center-right government's reforms fuel hopes of a recovery in Latin America's largest economy. The bank lowered the benchmark Selic rate by 0.25 points, to 14%, still one of the world's highest, and cited a dip in inflation and forecasts that a long recession -- Brazil's worst in a century -- is nearing its end.14 comments
While in the rest of the world, budget shortfalls and downplayed soaring deficits are the norm, a lively discussion ensued at this week’s Falkland Islands Standing Finance Committee when MLA Michael Poole suggested the forecasting process needed revising when most years a deficit was forecast, but then resulted in a surplus.3 comments
Approximately 63,000 cruise ship passengers arrivals are expected in the Falkland Islands this season which is slightly up on the previous season when just over 56,000 passengers were received from 105 ship visits. Staff at Sulivan Shipping are looking forward to the start of the 2016-2017 tourism season, with the arrival of the first cruise ship passengers on next Saturday’s flight, to board the M/V Sea Spirit.Add your comment!
Argentina's main state-run bank said it lowered its headline interest rates for loans to businesses on Monday amid expectations that inflation will begin to slow in Latin America's third-largest economy, a move that will help put credit back within firms' reach. Banco Nacion, the country's largest financial institution and which also acts as a development bank, set its annual nominal reference rate for business loans at 27%, down from 32%.
Current Foreign Secretary Boris Johnson said the UK remaining in the EU would be a boon for the world and for Europe, a previously unpublished newspaper column reveals. He wrote the column in February, along with a pro-Brexit article that was later published in The Telegraph. Boris Johnson subsequently became a leading figure in the campaign to leave the European Union.
Amid fears of threats posed by protectionism, the BRICS countries have vowed to deepen economic engagement, tackle the global economic slowdown, and combat cross border terrorism. The leaders of the five emerging economies of Brazil, Russia, India, China and South Africa wrapped up a summit Sunday in Goa, in western India.
Tensions inside Mercosur can be attributed to the fact that Argentina, Brazil, Paraguay and Uruguay share a development economic model which distances them from Venezuela, and are prepared to advance in trade negotiations with the European Union, and even with the Pacific Alliance. Venezuela on the other hand has as its main priority putting the deteriorated economy back on the growth track, according to the UN regional economic commission ECLAC, chair Alicia Barcena.
New Mind | tellUs has been selected by the Falkland Islands Tourist Board to supply a world-class digital platform which will contribute to the development of a well established and thriving tourism destination.