Activity in the UK's dominant services sector rose at a faster-than-expected pace in March. The Markit/CIPS purchasing managers' index (PMI) for services rose to 55, compared with economists' expectations of a slight increase to 53.5. The services sector, which accounts for three-quarters of the UK economy, said business activity and new work grew at the strongest rate so far this year.
Consumer prices in Uruguay rose 0.68% in March, the government said in a statement on Wednesday, bringing the country's 12-month inflation rate to 6.81%. It was the first time since December 2010 that Uruguayan inflation was within the country's 3% to 7% target range.
President Donald Trump has removed his senior strategist Steve Bannon from the US National Security Council (NSC). The appointment in January raised fears that the circle of US intelligence chiefs was being politicized.
The third time was indeed the charm for a Canadian couple who won C$8.2m, (US$6.1m) in the lottery. Barbara and Douglas Fink had won the lottery twice before, once in 1989 and once in 2010.
ExxonMobil’s oil finding streaking offshore Guyana is continuing, with the company reporting yesterday that it has struck oil again. It is Exxon’s third such find in the Stabroek Block and the second this year, coming on the heels of oil discoveries in Liza in 2015 and Payara in January.
Workers are committed to a general strike in recession-hit Argentina on Thursday, drawing complaints from conservative President Mauricio Macri as he prepares to host leaders and business people for an economic forum.
The process of an independent Scotland rejoining the European Union could be relatively speedy, a senior German MEP has said. Elmar Brok said there would be few technical obstacles to overcome if the political will was there to allow it to happen.
A technology entrepreneur is looking to raise around £15m to save the Falklands Task Force flagship on which he once served from the possibility of scrap, and is looking to celebrities and the public to help him out on his mission, according to channelweb.co.uk Falklands flagship HMS Hermes was decommissioned last month and is heading towards the scrap heap.
Venezuelan president Nicolas Maduro seems to have blown up the last bridge to Mercosur when he launched a barrage of accusations against Uruguay's foreign minister which triggered an immediate reaction from president Tabare Vazquez, who demanded evidence of the charges or a public retraction from the embattled Maduro. But the conflict has also openly exposed the deep rift inside the Uruguayan ruling coalition regarding the Bolivarian revolution “anti imperialist” regime.