Economy

Tuesday, May 27th 2014 - 08:34 UTC
Argentina in another negotiating round with the Paris Club of creditors

Argentina's Economy Minister Axel Kicillof has assured that progress has been made with creditors in the Paris Club as the politician left Monday evening for France in preparation for talks with the financial institution over restructuring Argentina's debt, estimated in 9.5bn dollars.
Monday, May 26th 2014 - 21:15 UTC
Shrimp saves the day for Argentine seafood exports in first four months

Argentina seafood exports totaled 116,738 tons during the first four months of the year, which shows an increase of 2.9% over the same 2013 period in 2013, when 113,419 tons were shipped abroad. Strong shrimp exports helped offset lower volumes of fish.
Monday, May 26th 2014 - 08:24 UTC
Argentine industrial activity drops 4.2% in April; auto industry hit by lower sales

After a decade of growth, the Argentine government faces this year a decline as industrial output falls and a high inflation rates hits consumer spending and new investment. The Argentine economy grew steadily recovering from a 2001-2003 debt crisis and expanded 3% last year but it stumbled in the fourth quarter and could slid into a recession at the start of this year.
Saturday, May 24th 2014 - 09:52 UTC
FAO challenge: insects to feed sustainably a world population of 9 billion

Insects can provide a sustainable and environmentally-friendly option for animal feed, in addition to already being a mainstay of human diets for 2 billion people worldwide, FAO Assistant Director-General Eduardo Rojas-Briales told an international gathering of researchers in The Netherlands.
Saturday, May 24th 2014 - 09:41 UTC
OIE world assembly begins on Sunday with representatives from 178 members

The 82nd General Session of the World Assembly of OIE (Animal Health Organization) Delegates will be held from 25 to 30 May 2014, bringing together representatives of 178 OIE Members and observers from international organizations that have signed an official agreement with the OIE, as well as other international and regional organizations and invited guests.
Saturday, May 24th 2014 - 09:34 UTC
Reducing fisheries wastage, harmful practices and improving traceability

An estimated 1.3 billion tons of food are lost per year, which is up to about one-third of all food produced. This figure includes post-harvest fish losses, which tend to be greater in small-scale fisheries, according to the latest edition of FAO’s The State of World Fisheries and Aquaculture.
Saturday, May 24th 2014 - 09:25 UTC
South Georgia releases three new coins: one of them to honor Prince George

Three new South Georgia and South Sandwich Islands government coin designs have been released in recent months. The birth of His Royal Highness the Prince of Cambridge is marked by the release of a coin dated 2013, which is based on a coin originally released the previous year.
Saturday, May 24th 2014 - 00:27 UTC
Argentina's auto sales record last year was fed on 'steroids', claims Fiat CEO

One of Argentina's main industry leaders, Fiat CEO Cristiano Rattazzi. said that the boost of auto manufacturing during 2013 and record sales was fed on 'steroids' and demanded more reliability in the rules to revitalize sales.
Friday, May 23rd 2014 - 23:59 UTC
Strikes and protests in chaotic Sao Paulo move to the suburbs

Brazil faced new protests and strikes Friday as bus drivers continued their walkout in Sao Paulo's suburbs and Rio de Janeiro braced for demonstrations 20 days from the World Cup.
Friday, May 23rd 2014 - 23:50 UTC
Argentina with 'Vaca Muerta' won the 'geological lottery': 305 meters-thick shale oil and gas

Argentina has won the “geological lottery” with its 305 meters-thick Vaca Muerta shale oil and gas field in Patagonia, a spokesman for Chevron said on Thursday, as the U.S. energy giant increases its investments in the country. The company and state-owned oil firm YPF announced plans last month to invest an additional 1.6 billion to develop Vaca Muerta.