Economy

• Wednesday, December 26th 2012 - 07:30 UTC

  Good year ahead for Mexico while investors feel frustrated with ‘Brazil cost’

  

  Brazil and Mexico, Latin America’s two largest economies could be facing a 2013 of contrasting performance and prospects. Brazil has been hit by weakening Chinese demand for commodities, while rival Mexico, the new darling of foreign investors, is posting increasingly strong growth. The figures speak for themselves.

• Wednesday, December 26th 2012 - 07:25 UTC

  Brazil warns countries that have banned imports of beef because of atypical BSE

  

  The world’s top beef exporter, Brazil, will give countries that curbed imports of its beef after a case of mad cow disease until March to drop the measures or it will file a complaint at the World Trade Organization, farm ministry officials said.

• Wednesday, December 26th 2012 - 07:17 UTC

  Fuel-price controls force Brazil to import 12bn dollars in oil and refined products

  

  Brazil faces record trade deficits in petroleum products in 2012 and 2013 as a result of government fuel-price controls, problems with its refining system and rising consumer demand, the Folha de S. Paulo newspaper reported last weekend.

• Wednesday, December 26th 2012 - 07:06 UTC

  Falklands' Fishing Companies Association in its sixth year of existence

  

  The Chair of the Falkland Islands Fishing Companies Association (FIFCA), Cheryl Roberts, used the occasion of the annual Christmas social evening at the Wirebird last week to reflect on FIFCA’s role in what is now its sixth year of existence.

• Wednesday, December 26th 2012 - 06:53 UTC

  Falklands’ share Norway’s oil wealth fund and port infrastructure experience

  

  Though plagued with flu and taking place largely in darkness, the recent visit to Norway by Members of the Legislative Assembly and senior government officials appears to have produced encouraging results and shone some light on possible developments in the Falkland Islands, according to MLA Dick Sawle.

• Wednesday, December 26th 2012 - 06:43 UTC

  The magic of currencies: UK overtakes Brazil as the world’s sixth largest economy

  

  Despite recession and the poor performance Britain has clawed back the ground it lost to Brazil in the rankings of the world's richest economies - but it is not expected to hold on to the spot for long.

• Wednesday, December 26th 2012 - 06:27 UTC

  Argentine economy forecast to expand 4.6% in 2013, but dollar clamp remains

  

  Argentina's economy is seen growing 4.6% next year, improving after drought and a slowdown in top trading partner Brazil took a toll in 2012, the central bank president said in an interview published on Sunday. She also advanced that the so called ‘dollar clamp’ or strict restrictions on the purchase of foreign currency remain.

• Wednesday, December 26th 2012 - 06:16 UTC

  UK Parliament addresses disruption of Falklands’ shipping and tourism by Argentina

  

  The disruption of shipping and tourism in Argentina and the Falkland Islands reached the British Parliament and was addressed by Foreign Office officials who said the UK regrets the Argentine attitude but is also holding talks with international partners that share concerns about illegitimate interferences, and with the cruise industry.

• Saturday, December 22nd 2012 - 22:22 UTC

  Preaching resentment and confrontation led to extended rioting in Argentina, says leading political analyst

  

  Argentina has lost its limits and references, and this was dramatically expressed these last few days says Joaquin Morales Solá, one of the country’s most respected political analysts, when the looting and rioting extended from Resistencia to the north next to Paraguay, to Bariloche in Patagonia.

• Friday, December 21st 2012 - 22:39 UTC

  Looting extends in Argentina: two people shot dead, dozens injured in clashes with police

  

  A rash of looting and ransacking of supermarkets in Argentine major cities and several provinces left two people killed, dozens injured and hundreds arrested. The looting and vandalizing of supermarkets began in the Patagonian resort of Bariloche on Thursday and seemingly triggered a knock-on effect across different provinces, as similar incidents began to arise in Buenos Aires, Santa Fe, Entre Ríos and Chaco provinces.