Economy

Economy
Saturday, October 11th 2014 - 03:22 UTC

Morales confident he will win Sunday's election in all nine Bolivian districts

“Bolivia is now united, the so-called ‘half-moon’ (the opposition’s bastion of support in the east) has now become a full moon. We’ve all joined together”

At an event to mark the closing of his campaign ahead of Sunday’s elections, a self-assured Evo Morales told Bolivians that he will win all over the country and will even take the opposition’s bastions of support in the east.

Saturday, October 11th 2014 - 01:18 UTC

Falklands lawmakers at CPA conference discuss support for the Islands and education

The 60th annual meeting of the Commonwealth Parliamentary Association (CPA) conference was held in Yaounde, Cameroon. has 53 country members.

Falkland Island lawmakers, MLAs, Barry Elsby and Phyl Rendell have been attending the 60th annual meeting of the Commonwealth Parliamentary Association (CPA) conference in Yaounde, Cameroon. CPA is made up of Parliamentarians from 53 democratic countries with 188 branches in 9 Regions across the world.

Friday, October 10th 2014 - 06:13 UTC

Bumper harvests and stockpiles driving down cereal prices, says FAO report

World wheat production in 2014 is forecast to reach a new record

Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of FAO's biannual Food Outlook report and a new update to the Organization's monthly Food Price Index.

Friday, October 10th 2014 - 05:44 UTC

Falkland Islands' Tourist Board gearing up for another busy season

“We have added new products to our retail outlet this year and anticipate sales exceeding last year’s record breaking season” said FITB Managing Director Tony Mason

The Falkland Islands Tourist Board is in the final stages of Phase 2 renovations on the Jetty Visitors Centre which will complete the planned works said Tourist Board Managing Director Tony Mason, adding, “plans have been made to get the car park ready well ahead of the first cruise ship arrival.”

Friday, October 10th 2014 - 05:30 UTC

Industrial activity in Argentina down 2.9% in eight months of the year

Construction materials sales drop is closely linked to the 12.6% contraction of the construction industry

Industrial activity in Argentina dropped 4.9% during August compared to the same month a year ago, reported the Argentine Industrial Union (UIA), the country's most influential manufacturers' lobby. This represents its sixth straight fall and a 2,9% decline for the first eight months of 2014.

Friday, October 10th 2014 - 05:25 UTC

Buenos Aires City inflation in September up 2.2% and 40.3% in twelve months

Because of the change of season clothing and foot wear had a 4.5% impact

The Buenos Aires City consumer price index climbed 2.2% during September accumulating 40.3% in the last twelve months according to the latest release from the City's stats office. So far this year (nine months) inflation has reached 31.1%

Friday, October 10th 2014 - 05:01 UTC

Latam headed for a third year of foreign trade stagnation, reports ECLAC

“The regional market is key to developing value chains in Latin America and the Caribbean”, argues ECLAC secretary Barcena

Latin America and the Caribbean's foreign trade will experience its third year of stagnation in 2014, because of minimal growth in exports and a slight decline in imports, the Economic Commission for Latin America and the Caribbean (ECLAC) reported on Thursday.

Thursday, October 9th 2014 - 08:23 UTC

“Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez

Lazaro Baez is a public works contractor in the southern province of Santa Cruz, political turf of the Kirchner couple

The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.

Thursday, October 9th 2014 - 08:14 UTC

A blow for Dilma: Brazil's September inflation at its highest in three years

Food prices rose 0.78% after declining for three months in a row. Meat prices rose sharply after Russia stepped up imports of beef, chicken and pork.

Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.

Thursday, October 9th 2014 - 08:04 UTC

Colombia and Panama in retaliatory clash over tax haven controversy

Colombia's government on Wednesday declared Panama to be a tax haven after it failed to meet a deadline for signing a fiscal information exchange agreement

Panama on Wednesday rejected its inclusion on Colombia's list of tax havens and said it will take retaliatory action against its neighbor. Panama has “a competitive and sound tax system, and therefore the national government categorically rejects any tax-haven designation,” the Central American nation's Foreign Ministry said in a statement.

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