Stories for January 8th 2015

Thursday, January 8th 2015 - 06:36 UTC
Top five factors affecting oil prices in 2015

As we ring in the New Year, let's take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets, having seen prices cut in half in just six months.
Thursday, January 8th 2015 - 06:28 UTC
Euro zone inflation turns negative putting more pressure for ECB stimulus

Inflation in the Euro-zone has turned negative, official figures have shown, with prices in December 0.2% lower than the same month a year earlier. The tip into deflation adds pressure on the European Central Bank (ECB) to take further action to stimulate the bloc's economy.
Thursday, January 8th 2015 - 06:24 UTC
Car sales in Brazil last year dropped 7.15% compared to 2013

The sale of cars, commercial vehicles, trucks and buses in Brazil dropped 7.15% last year compared to 2013, and reached 3.498 million according to the Brazilian federation of car dealers, Fenabrave. It is the largest drop for the industry in twelve years and the second consecutive fall.
Thursday, January 8th 2015 - 06:12 UTC
Car sales in Argentina plunged 28% last year compared to 2013

Sales of new cars in Argentina plunged 42% in December, compared to the same month of 2013, a steep drop that managed to raise eyebrows in an industry that had gotten used to declines month after month. It was steeper than the already strong 37% drop seen in November.
Thursday, January 8th 2015 - 05:50 UTC
Alleged Falklands' links sufficient motive to suspend fishing license of Tierra del Fuego company

Argentina's Tierra del Fuego provincial government decided on Wednesday to preventatively suspend Pesantar's fishing license following claims that the company is associated with another group operating in the South Atlantic but with a Falklands' government license.
Thursday, January 8th 2015 - 05:34 UTC
Maduro announces 20bn dollars in investment credits from China

President Nicolas Maduro said on Wednesday he had secured a total of more than 20 billion dollars in investment from major creditor China for economic, social, and oil-related projects.
Thursday, January 8th 2015 - 05:21 UTC
Fears in Europe of violent retaliation and Islamophobia following Paris killings

The terror attack that killed 12 people in Paris on Wednesday will have come as little surprise to Europe's police and intelligence services. For months, they've regarded the prospect of a mass killing in Europe by isolated gunmen or small groups of Islamist terrorists as a question of when rather than if.
Thursday, January 8th 2015 - 01:13 UTC
Falklands contribution to the development of sheep farming in Magallanes

The close historic and farming links between the Falkland Islands and the Magallanes Region, were underlined in a recent article by Punta Arenas researcher Silvestre Fugellie dedicated to sheep farming, the 'golden fleece' that changed the economy of those barren lands in the extreme south of Chile over a century ago.
Thursday, January 8th 2015 - 01:08 UTC
Authorities raid Buenos Aires HSBC accused of aiding tax evasion

Authorities on Wednesday conducted a court-ordered search of the Argentine headquarters of London-based bank HSBC, which faces allegations of aiding tax evasion, it was reported in Buenos Aires.
Thursday, January 8th 2015 - 01:00 UTC
First wind-powered vessel expected in Montevideo with turbines for eolian farm

The first wind propelled vessel in the world is expected to dock in Montevideo on Thursday loaded with turbines, columns and rotor blades for a wind farm which is being built in the north of Uruguay.