Uruguay is among the Latin-American and Caribbean countries with the highest power costs according to a paper from the Inter-American Development Bank, IDB, Bloomberg and New Energy Finance. This is extensive both for residential consumers and for manufacturing and large consumers.
A landmark trade deal reached between the European Union (EU) and Canada, that will benefit the UK economy and businesses by over £1.3 billion a year, has been welcomed by Prime Minister David Cameron.
The 'dollar-scarce' Venezuelan government is trying to clamp down on what it calls currency tourism with random checks of passengers leaving the country. The officials at the country's main airports are not guards or police but bureaucrats at state currency board Cadivi investigating whether travelers' documents match their requests for hard-to-get dollars.
Argentine economic activity grew 4% in August from the same month last year, the government said on Friday, growth that far exceeded market expectations.
The new chairperson of the Galician multinational firm Pescanova, Juan Manuel Urgoiti, authorized the investment bank Lazard to implement an urgent debt refinancing process with the creditor entities.
Argentina's bio-diesel industry warned it faces collapse if Europe makes good on a threat to impose stiff duties on their product next month. The European Commission earlier this month moved to raise duties on Argentine and Indonesian bio-fuels in response to alleged dumping.
A fire in Santos ravaged Copersucar's sugar terminal in Brazil, paralyzing operations of the world's biggest sugar trader and putting 10 million tons of export capacity offline for six months or more.
Italy’s tax collection agency says it has formally notified Diego Maradona that it will begin procedures to freeze his assets in Italy to pay off his tax debt of 39 million Euros or 53 million dollars.
A highway, decades in the making, will finally open in Brazil offering a shortcut through the Amazon jungle to north-eastern waterways for the growing corn and soybean trade. The BR-163 highway connecting Mato Grosso state's soy belt to two key river ports will boost grain exports by some 3 million tons next year, offering a bit of relief to congested ports in the southeast, where most shipments originate.
In a new initiative the Government of South Georgia and South Sandwich Islands (GSGSSI) has published their first Annual Report. The report, which is designed to keep people informed about Government activities on and off the island, was published on this website on September 2nd and has been distributed to stakeholders, according to the latest South Georgia Newsletter edition.