China's rate of inflation eased in August, after hitting a three-year high in July, according to the National Statistics Bureau. Consumer prices in the world's second largest economy rose 6.2% from a year earlier, down from 6.5% in July.
The UK National Farmers Union, NFU, has called on Asda supermarkets to change its labelling policy after it emerged that its meat marked ‘Hereford Prime Beef Sirloin Steak’ is sourced 6,800 miles away in Uruguay.
Argentina expressed gratitude to China for its permanent support of the Malvinas Islands sovereignty claim in the longstanding dispute with Britain.
China and Argentina have agreed to further enhance mutual trust and their strategic partnership as the two emerging economies are playing an increasingly important role in the world arena.
India and Uruguay signed this week a Double Taxation Avoidance Agreement (DTAA) for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital.
A team of marine scientists is urging an end to most commercial fishing in the deep sea and instead recommending fishing in more productive and local waters. In their analysis published online in the journal ‘Marine Policy’, the team shows that all deep-sea fisheries are unsustainable.
Argentina is considering a temporary increase of tariffs on some imports, following on Brazil’s steps, but is also thinking of a formal proposal to its Mercosur partners.
Mercosur and Mexico signed an agreement which virtually liberates all bilateral auto industry trade and opens prospects for joint undertakings world wide. The event took place in Montevideo, administrative capital of Mercosur.
The Falkland Islands Government announced Thursday the appointment of Darren Christie to the post of Public Relations and Media Manager.
Four crewmen seriously injured and a total loss was the result of a fire that broke out Thursday night in a Korean flagged fishing vessel docked in the port of Montevideo and was still burning Friday morning.