MercoPress. South Atlantic News Agency
Stories for September 5th 2018
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Wednesday, September 5th 2018 - 11:52 UTC
Tourism becomes world’s third-largest export sector according UNWTO
The international tourism sector has seen uninterrupted growth in arrivals for eight straight years, with 2017’s growth being the highest since 2010; with a record performance of US$ 1.6 trillion. This represents an increase of 7%, according to the World Tourism Organization (UNWTO).
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Wednesday, September 5th 2018 - 08:24 UTC
Lula's running vice president candidate charged with corruption
Sao Paulo state prosecutors in Brazil said on Tuesday they have charged the Workers Party (PT) vice presidential candidate Fernando Haddad with corruption, but any potential trial would not hinder his ability to run.
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Wednesday, September 5th 2018 - 08:16 UTC
Argentine Peso slid another 2.18% and the Central bank sold US$ 350 million in reserves
Argentina’s peso slid further on Tuesday as investors reacted with skepticism to president Mauricio Macri’s plans. Many worry he will not be able to push reforms through a restive Congress amid growing frustration on the streets of Buenos Aires.
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Wednesday, September 5th 2018 - 07:55 UTC
Falklands 2017/18 budget had an operating surplus of £38 million
The Falkland Islands Government operating surplus of £38 million for 2017/18 was driven primarily by favourable Corporation Tax receipts. The original budgeted deficit in my view led the former Legislative Assembly to be over cautious in their demands leading to unnecessary thrift in some areas, according to MLA Roger Spink, who is head of the Government Services Portfolio of the Assembly.
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Wednesday, September 5th 2018 - 07:30 UTC
Argentina/IMF discussions continue this Wednesday; strong support from Trump
Argentina “made progress” on Tuesday in talks with the International Monetary Fund aimed at securing an accelerated disbursement of a US$50 billion loan it hopes will calm its debilitating economic crisis.
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Wednesday, September 5th 2018 - 06:28 UTC
Brazil's Real remained flat on Tuesday but the stock market was down 2%
The Brazilian Real erased early losses on Tuesday after state prosecutors charged Workers Party vice presidential candidate Fernando Haddad with corruption, driving investors to pare bets on his electoral strength.
