The Falkland Islands are preparing to celebrate in 2015 is the two hundred and fiftieth year since Britain took possession of the Islands, when on January 23, 1765 Commodore John Byron raised the Union flag at Port Egmont on Saunders Island.
Canada openly supported Falkland Islands' people right to self determination, backed Canadian companies working in the Islands and confirmed ongoing political and trade assurances. The message was clearly conveyed to a high level Falklands' government and private sector during their recent visit to Canadian capital Ottawa and tour of several provinces.
China's factory activity slowed by more than expected in November, highlighting how a cooling economy is impacting its vast manufacturing sector. The official purchasing managers' index (PMI) dipped to 50.3 in November from October's 50.8, closer to the 50 point mark that separates growth from contraction. It was below the 50.6 level expected by economists.
Argentine opposition lawmakers expressed concern about alleged logistic support from Brazil and Chile to British warships and other auxiliary vessels in the South Atlantic and demanded the government of president Cristina Fernández report to Congress on the matter.
Brazil posted a 2.35 billion dollars trade deficit in November, the country's worst monthly result in 20 years, and cementing its slide into the red for the year after a decade of surpluses.
Economic growth in Latin America and the Caribbean will recover in 2015 and reach 2.2% on average, according to new estimates unveiled on Tuesday by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
The United States Senate confirmed soap opera producer Colleen Bell to be the next U.S. ambassador to Hungary and political consultant Noah Mamet to be the next U.S. Ambassador to Argentina on Tuesday. Neither of the two newly-confirmed Ambassadors are career diplomats, but both raised millions for President Obama's Presidential campaigns.
After many years of talking, the World Trade Organization (WTO) pulled off a major deal last week that the body said could boost global commerce by one trillion dollars annually. The deal is the first multilateral trade agreement in the organization’s 20-year history. Agreement has been difficult to reach because WTO deals require the unanimous backing of its 160 member countries.
British public health officials say they are grappling with an escalating number of cases of the debilitating chikungunya virus, as holidaymakers return from Caribbean countries.
Brazilian President Dilma Rousseff has named business leader Armando Monteiro to head the industry and trade ministry in a new sign of more market-friendly policies as she tries to restore investor confidence and reignite economic growth.