Economy

• Wednesday, January 30th 2013 - 06:22 UTC

  Sao Paulo delegation in UK with PPP infrastructure projects worth 20bn dollars

  

  British Trade Minister Lord Green has welcomed a trade delegation from the Government of the state of Sao Paulo who are in the UK to present eight Public Private Partnership (PPP) infrastructure projects, worth 20 billion dollars, to British potential contractors.

• Tuesday, January 29th 2013 - 03:42 UTC

  South Falklands gas condensate discovery in ‘technically and commercially viable”

  

  Hydrocarbons exploration company Borders and Southern Petroleum announced on Monday that the development of its gas condensate discovery in the Falkland Islands is commercially viable. B&S made its Darwin (East-West) discovery in April and has been carrying out tests to determine the nature of its find.

• Monday, January 28th 2013 - 06:45 UTC

  Merkel invites Latam to invest in EU: “we’re open” but pls dump protectionism

  

  Leaders from the European Union and the Community of Latinamerican and Caribbean States concluded on Sunday a two-day summit with pledges of boosting bilateral trade and while few concrete details were released, the two economic blocs expressed a clear wish for stronger ties.

• Monday, January 28th 2013 - 06:27 UTC

  Cristina Fernandez delaying Mercosur/EU discussions for a free trade agreement

  

  Argentine president Cristina Fernandez downplayed immediate discussions for the trade and cooperation agreement between EU and Mercosur arguing that the South American block should elaborate and discuss new proposals to be presented to the Europe Union on the last quarter of this year.

• Monday, January 28th 2013 - 06:08 UTC

  Cuba takes CELAC chair on Monday; expectations regarding Havana’s proposals

  

  The first summit of the Community of Latinamerican and Caribbean States, CELAC, the brain child of president Hugo Chavez, paid tribute to the Venezuelan leader who is recovering from cancer surgery in Havana, Cuba, the country that on Monday will be receiving the group’s chair from Chile.

• Monday, January 28th 2013 - 06:02 UTC

  Hedge funds insist in New York court Argentina must pay defaulted bonds

  

  Hedge fund investors who refused to join two sovereign debt restructurings by Argentina urged a US court in New York to force the country to pay them.

• Monday, January 28th 2013 - 04:53 UTC

  The Times poll shows slim majority support UK exit from the European Union

  

  Britain’s future in the European Union would rest on a knife-edge if a referendum was held immediately, according to a research poll carried out for The Times: 40% of voters back an UK exit while 37% want to keep ties with Brussels and 23% do not know.

• Sunday, January 27th 2013 - 02:03 UTC

  With Argentine navy’ honour lying on her side, Minister Puricelli could be next official removed

  

  The Argentine government has removed two top naval officers from their duties following the sinking, this week at her moorings pier-side of the destroyer “Santisima Trinidad” once the flagship of the service and which was actively involved in the invasion of the Falklands in 1982.

• Saturday, January 26th 2013 - 21:31 UTC

  IMF: Latam growth estimates contained because of Brazil’s poor performance

  

  The IMF downgraded growth estimates for Latinamerica in 2013 from 3.9% to 3.6%, mainly because of an anticipated poor showing of the region’s largest economy Brazil, according to the Fund’s latest report on the world economy prospects.

• Saturday, January 26th 2013 - 21:23 UTC

  Lagarde surprised at the ‘very slow’ recovery of the Brazilian economy

  

  IMF Managing Director Christine Lagarde said she is unsure about Brazil’s economic outlook despite the country’s official estimate of 3.5% growth this year, since recovery is “very slow” as the 1% of 2012 showed.