Interview by James Stafford of Oilprice.com - If you want an objective view of energy, ask an economist, who can tell you what to expect to pay at the pump in the coming years, and why, as well as what to expect from medium- and long-term economic growth and what the real drivers will be. These are questions that are crucial to a pending decision by the US government over natural gas exports, and while we know where big oil stands versus its manufacturing rivals—it's the economist who can set things straight.
Global economic growth is projected to gain slow momentum for the rest of the year while developing countries will expand an estimated 5%, a United Nations economic forecast said on Thursday.
Northern Argentina Qom indigenous community leaders this week held a formal meeting with Supreme Court justices and Formosa government officials. After the hearing, the community leader Félix Díaz requested President Cristina Fernández support in a controversy over land property they have with the provincial authorities in Formosa.
Brazil has frozen 28 billion Reais (approx 13.7 billion dollars) in its 2013 budget as it tries to meet its primary surplus target, Finance Minister Guido Mantega said on Thursday in Brasilia. President Dilma Rousseff’s administration is trying to meet targeted primary surplus goal of 155.9 billion Reais without undermining economic growth.
Cruise Lines International Association (CLIA) announced this week that its Board of Directors approved the adoption of a “Cruise Industry Passenger Bill of Rights” detailing CLIA members' commitment to the safety, comfort and care of guests in a number of important areas.
Argentine President Cristina Fernández (CFK) indirectly acknowledged that inflation has become a major challenge for her government despite the fact that the official reading in twelve months is 10.6%, even when private estimates indicate 24% and expectations have soared to 34%.
Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful.
The Argentine government sponsored whitewashing or ‘tax amnesty’ bill received half approval on Wednesday when the Senate passed the initiative by 39 to 28 votes, a bill which the opposition has labelled ‘immoral’. After seven hours of debate and over twenty speakers the line was clearly drawn between the Kirchnerite group and its allies and the rest of the House.
Continuing with the so called ‘dollar clamp’ Argentine institutions issuing credit cards will further limit the extraction of dollars from automatic cashiers: travellers to neighbouring countries will only be allowed 100 dollars every three months and those visiting non neighbouring countries, 800 dollars per month.
By MLA Jan Cheek - I was in The Hague in April on the last stop of my four capital trip planned to spread information about our decisive referendum. After London, a colleague and I visited Brussels before heading off to separate destinations. I visited Dublin and then returned to London to attend the funeral of Baroness Thatcher.