Stories for July 27th 2015

Monday, July 27th 2015 - 11:58 UTC
Pearson prepared to sell 50% stake in The Economist; deal should be over b by end of summer

Publishing company Pearson has confirmed plans to sell its 50% stake in the Economist Group. The statement from the firm came just days after it announced the sale of the Financial Times to Japan's Nikkei.
Monday, July 27th 2015 - 06:58 UTC
Uruguay's meat exports in almost seven months close to the billion dollars

Uruguay exports of meats reached 978 million dollars between January and 18 July of which 83% beef; 5,5% offal; 3% ovine; other industrialized meats 2.7% and 1.5% horse, according to the latest release from the country's Meats institute economics office, Inac.
Monday, July 27th 2015 - 06:45 UTC
Banks forecasting two years of economic contraction for Brazil

Banks in Brazil are now forecasting economic contraction in 2016 and if this proves correct it will be first time Latin America's largest economy shrinks two years running since the Great Depression.
Monday, July 27th 2015 - 06:30 UTC
Argentina's incumbent ticket leads comfortably ahead of August primaries

Argentina's Victory Front presidential ticket of Daniel Scioli and Carlos Zannini is set to win the coming August PASO primary elections by almost 12 points over nearest challenger Mauricio Macri, a new poll published two weeks before the vote has predicted.
Monday, July 27th 2015 - 06:18 UTC
Peru's Humala begins his last year in office with defeat in congress and 80% disapproval

Peruvian lawmakers elected an opposition legislator as head of Congress in a new but hardly unsurprising defeat for the ruling party and increasingly unpopular President Ollanta Humala who this week begins the last year in office. GfK polls indicate the president has a disapproval rating of 80%.
Monday, July 27th 2015 - 06:08 UTC
Malvinas' past statements, open new flank for Buenos Aires mayor Macri

”It is dangerous to forget what (Mauricio) Macri said about the Malvinas, that they would represent a deficit for Argentina”, Alicia Castro, Argentine ambassador in the UK was quoted by the Buenos Aires media, following on statements from the Argentine capital's mayor and presidential hopeful in reference to the Falklands Islands.
Monday, July 27th 2015 - 05:53 UTC
“Second referendum on Scottish independence inevitable; question is timing”

A second referendum on Scottish independence is inevitable, according to former first minister Alex Salmond. Speaking on the BBC's Andrew Marr program, he said the question was over the timing which was “in the hands of Nicola Sturgeon”.
Monday, July 27th 2015 - 05:30 UTC
Gibraltar complains about queues at the border with Spain; drop in tourism expenditure

The Gibraltar Government has included the long queues of last Thursday afternoon at the frontier with Spain in its latest report to the European Union. Deputy Chief Minister Dr Joseph Garcia said the report will be presented “in order to draw attention to the manner in which the Spanish government is implementing the recommendations made by the commission”.
Monday, July 27th 2015 - 05:20 UTC
Guyana warns in Washington about the Venezuelan threat to its territory

Guyana's territorial dispute with neighboring Venezuela represents a threat to its very survival, President David Granger warned Friday in Washington. After a recent offshore oil find, the row between the two countries has escalated, with Venezuela laying claim to a huge swathe of Guyana's territory.