Economy

• Thursday, January 3rd 2013 - 00:20 UTC

  Poor performance of Brazilian economy last year: estimates average 0.98% growth

  

  Economists cut their estimates for economic growth in Brazil to 0.98% this year, a central bank survey showed, highlighting the sharp slowdown of an economy that just a couple of years ago was an emerging market star.

• Thursday, January 3rd 2013 - 00:16 UTC

  EU investing heavily to prevent African swine fever spreading from Russia

  

  The European Union will invest €1.4 million to control African swine fever on the Italian island of Sardinia in 2013. The island is the only place in the EU where African Swine Fever (ASF) is still present.

• Thursday, January 3rd 2013 - 00:09 UTC

  Ovine Brucellosis spreading throughout Australia’s Northern Territory

  

  Recent positive tests, and ongoing concerns that Ovine Brucellosis is spreading throughout Australia, has prompted the country’s Livestock Health and Pest Authorities (LHPA) to encourage all sheep producers to test their rams for ovine brucellosis.

• Thursday, January 3rd 2013 - 00:03 UTC

  Inter-American convention against corruption analyzes six countries

  

  The Organization of American States (OAS) has begun the process of analyzing a new group of countries - Chile, Colombia, Guatemala, Panama, Uruguay, and Venezuela - as part of the Fourth Round of the Mechanism for Follow-Up on the Implementation of the Inter-American Convention against Corruption (MESICIC) of the OAS.

• Wednesday, January 2nd 2013 - 23:53 UTC

  Money timidly returning to Spain after 14 months of sustained outflows

  

  Foreign investors put more money into Spain in October than they took out, marking the second month running the country has benefited from an influx of capital. Spain registered capital inflow of 12.1 billion Euros in October, the Bank of Spain said on Friday. The figure, which excludes central bank operations, was lower than the 31 billion Euros of inflow in September.

• Wednesday, January 2nd 2013 - 23:39 UTC

  Markets rally on fiscal cliff agreement but a second chapter waits in February

  

  Global stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached. In New York, the Dow Jones closed up 2.4%, while European shares were up about 2% for the day.

• Saturday, December 29th 2012 - 15:34 UTC

  The spirit and roots of the Falklands in “Our Islands, Our History”

  

  The Falkland Islands Government announced the completion of the booklet “Our Islands, Our History”. The booklet provides a succinct and accessible summary of the key aspects of the history of the Falkland Islands, and of the people whose determination and character have forged them to a democratic, prosperous and dynamic community.

• Saturday, December 29th 2012 - 06:44 UTC

  Venezuela praises Mercosur partners but completely ignores Paraguay

  

  Venezuela gave another step in its integration process as full member of Mercosur underlining recent achievements with its partners Argentina, Brazil and Uruguay but completely ignored Paraguay, the fourth full member currently suspended from the block.

• Saturday, December 29th 2012 - 06:30 UTC

  YPF signs shale gas exploration deals with Pan American Energy and Bridas

  

  Argentina’s nationalized oil and gas company YPF announced on Friday that Pan American Energy, PAE, would be investing 3.4bn dollars in gas production in the next five years while Bridas, belonging to the Bulgheroni brothers said it plans to invest 1.5bn dollars in the development of the non conventional shale deposits in Vaca Muerta.

• Saturday, December 29th 2012 - 06:26 UTC

  Spain lifts ban on Argentine bio-diesel; annual exports total 1.1bn dollars

  

  Spain has taken a step back with import restrictions on Argentina’s bio-diesel applied in a reprisal move after Argentine president Cristina Fernandez decided to seize control of energy company YPF, subsidiary of Spanish Repsol, earlier this year.