MercoPress. South Atlantic News Agency
Stories for August 21st 2009
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Friday, August 21st 2009 - 11:26 UTC
Falkland Island: Weekly Penguin News Update
Headlines: ‘Let us help you’ police chief urges domestic abuse victims; Economic Development Strategy goes public; Doyle reports.
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Friday, August 21st 2009 - 11:22 UTC
Uruguay forecasted to fall 0.8% this year and expand 1.5% in 2010
Uruguay is forecasted to contract 0.8% in 2009 and rebound 1.5% next year according to chief economist for South America from the Spanish banking group BBVA, Joaquín Vial
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Friday, August 21st 2009 - 11:07 UTC
Colombian president closer to re-re-election, but it’s not that simple
Colombia’s Senate passed a bill late Wednesday that may pave the way for a national referendum on whether to allow President Alvaro Uribe to seek a third consecutive term in next year’s presidential election.
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Friday, August 21st 2009 - 11:04 UTC
Argentine exports forecasted to drop 20%, but 2010 is a promising year
The global recession will have an impact on Argentine exports which are forecasted to fall an estimated 20% this year to 55 billion US dollars, compared to last year. However since imports have also plummeted the trade surplus in July grew 35% (1.3 billion) totalling 11.2 billion US dollars in the first seven months of the year.
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Friday, August 21st 2009 - 11:00 UTC
German surprise rebound confirmed by cautious Bundesbank
German economic growth is likely to gain traction in the coming months, the nation's influential central bank, the Bundesbank, said Thursday after Europe's biggest economy unexpectedly climbed out of recession during the second quarter.
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Friday, August 21st 2009 - 10:52 UTC
Venezuela admits contraction; preparing package to re-launch growth
Venezuela's GDP contracted 2.4% in the second quarter of 2009 from the same period a year earlier, the central bank reported Thursday. In the first half of the year, the economy has contracted 1% against the same period a year earlier.
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Friday, August 21st 2009 - 10:49 UTC
Mexican economy shrinks a record 10.3% in second quarter
Mexico's economy plunged 10.3% in the second quarter its deepest contraction on record as shrinking exports forced factories to slash production and cut jobs and the tourism industry was knocked out by the A/H1N1 virus flu.
