Economy

• Wednesday, November 10th 2010 - 02:23 UTC

  Uruguayan lamb and mutton exports fall 40% in ten months of 2010

  

  Uruguayan lamb and mutton exports during the first 10 months of 2010 fell 40% to 11,628 tons compared with the same period in 2009, while average export prices increased 50% to US$4,766/ton as a result of strong demand.

• Wednesday, November 10th 2010 - 01:53 UTC

  World area under vines and wine production down expect for Argentina

  

  The world area under vines and vitivinicultural production continued in 2010 its downward trend with the exception of Argentina and Chile according to the International Organization of Wine and Vine, OIV

• Tuesday, November 9th 2010 - 18:36 UTC

  Uruguay’s leading banker calls for prudence, austerity and less triumphalism

  

  In spite of Uruguay’s good macroeconomic performance there are weak points and a productivity shock, fiscal austerity plus regional coordination to address external surprises should be considered, said Enrique Iglesias, economist, former banker and currently Ibero-America Secretary General.

• Tuesday, November 9th 2010 - 12:43 UTC

  Gold soars to new record; up 7% in the last week, 29% in 2010

  

  The price of gold has hit another record high as investors worry about inflation and Europe's budget troubles. Tuesday morning it was trading at $1,421 an ounce.

• Tuesday, November 9th 2010 - 04:17 UTC

  Diverging growth rates in rich countries according to OECD report

  

  Growth rates in the world's developed economies are set to diverge, the OECD said, with the recovery losing steam in France, Brazil, Canada, China, Italy and Britain, but picking up pace in Germany, Japan and the United States.

• Tuesday, November 9th 2010 - 02:23 UTC

  EU-Mercosur trade talks: Scottish farmers present five main objections

  

  Scottish farmers have openly expressed their opposition to the ongoing trade talks between the European Union and Mercosur demanding guarantees on human health, animal health and food safety before any additional access for imported products from the South American block is agreed.

• Tuesday, November 9th 2010 - 01:47 UTC

  IMF warns about possible “full blown sovereign debt crisis” in rich nations

  

  Risks are still high that developed nations will face difficulties in rolling over their debt and possibly trigger a crisis the International Monetary Fund said in its “Fiscal Monitor” report released this month.

• Tuesday, November 9th 2010 - 01:10 UTC

  Study reveals Chilean insensitivity to one of the country’s main problems, poverty

  

  A recent study shows Chileans’ low sensitivity to one of the nation’s biggest problems—poverty. Despite that 58.8% of Chileans say they believe poverty to be one of the country’s biggest problems only 15.3% say they feel responsible for the low quality of life of those who have limited resources.

• Monday, November 8th 2010 - 17:37 UTC

  30 years on Argentine wool man returns to Falklands

  

  VETERAN Argentine wool-man Joaquin (Jack) B Allolio (71) whose Falklands/Argentine agricultural trade ambitions were interrupted by a war, is to achieve his dream of returning to the Falkland Islands after thirty years.

• Monday, November 8th 2010 - 15:48 UTC

  World Bank chief calls for a return to the gold standard

  

  World Bank President Robert Zoellick has called on bickering G-20 nations to bring gold back into the global monetary system as an anchor to guide currency movements.