Stories for 2014

Saturday, August 23rd 2014 - 07:21 UTC
“Significant drop” in cruise calls in Uruguay this coming season

A significant drop in the number of calls and visitors is forecasted for this coming 2014/15 cruise season in Uruguay, according to tourism officials. While in the last season Uruguay received 238 cruise calls, beginning November the number is expected to drop to 187, this apparently because of the very high costs in the ports of Buenos Aires and Brazilian terminals.
Saturday, August 23rd 2014 - 07:14 UTC
Despite overall slowing down in Chile, Magallanes region continues to grow

Although overall Chile is undergoing a period of economic deceleration, which the government is trying to address with lower rates and full execution of public works investments, the Magallanes region in the extreme south of the country was among those with the best performance in the second quarter having expanded a healthy 2.8%.
Saturday, August 23rd 2014 - 07:02 UTC
Bank of England minutes show some members voted to raise interest rates

Two members of the Bank of England's Monetary Policy Committee (MPC) voted to raise interest rates in August, the first time in three years that policymakers have done so. The minutes of the meeting on 6-7 August show Ian McCafferty and Martin Weale voted for a 0.25% rise to 0.75%. It means the nine-member MPC voted 7-2 to hold interest rates at their historic low of 0.5%.
Saturday, August 23rd 2014 - 06:50 UTC
Brazil approves port infrastructure works for 1.73bn in Rio and Santos

Brazil's National Port Authority and Waterways has approved 1.73bn dollars in port infrastructure works to be carried out by three local operators: steelmaker CSN, container terminal operator Santos Brazil and US food and agribusiness firm Archer Daniels Midland Company (ADM).
Saturday, August 23rd 2014 - 06:46 UTC
Chilean Peso depreciation expected to continue in coming months

The US dollar climbed to 584 Chilean Pesos at the end of trading in the Santiago money market, signaling a slow but steady increase for several months now and with prospects of continuing according to analysts. A greenback at 600 Pesos is not far away according to market analysts.
Saturday, August 23rd 2014 - 06:23 UTC
HMS Iron Duke visits Namibia; next calls South Africa and Falklands

HMS Iron Duke on Atlantic Patrol Tasking South, which includes the Falklands and South Georgia Islands, has visited the Namibian port of Walvis Bay where she has built on relations with the country’s Navy and its people.
Saturday, August 23rd 2014 - 06:18 UTC
Yellen insists with expansive policies despite growing pressure from 'hawks' on interest rate

Federal Reserve Chair Janet Yellen said Friday that the US jobs market has not yet fully recovered, but acknowledged that data is sending mixed signals, spurring debate over inflationary pressures. In a speech to leading central bankers in Jackson Hole, Wyoming, Yellen, who has kept Fed policy expansive due to perceived excess slack in the jobs market, gave no clear new signs for monetary policy.
Friday, August 22nd 2014 - 23:48 UTC
Don't blame Columbus: TB in the Americas already was present...in seals

The long-held idea that Europeans were the first to bring tuberculosis to the Americas when they arrived in the 15th Century has been thrown into doubt. Instead, a study suggests that the deadly disease was present in the area hundreds of years before Christopher Columbus made landfall.
Friday, August 22nd 2014 - 23:36 UTC
WTO rules against Argentina in trade dispute with world powers

The World Trade Organization (WTO) dispute panel ruled on Friday against Argentina in a 2012 case brought by the United States, European Union and Japan against Argentine import licensing rules used to restrict imports.
Friday, August 22nd 2014 - 13:19 UTC
Two first patients treated for Ebola virus in US hospital have been released

The two United States aid workers who were the first patients ever to be treated for the Ebola virus at a hospital in the US have been released, capping a transcontinental medical drama that stirred public debate about whether citizens with the virus or exposed to the virus should have been allowed to return.