Economy

Monday, July 2nd 2007 - 21:00 UTC
US/South Korea ambitious trade deal faces Congress hurdle

United States and South Korea signed a controversial free trade agreement, which still has to be ratified by Congress where some Democrats have expressed concern for job losses in the US car industry.
Friday, June 29th 2007 - 21:00 UTC
IMF and World Bank cooperating “unconditionally” with Bolivia

The International Monetary Fund and the World Bank are cooperating “unconditionally” with Bolivia's government after months of frosty relations, said President Evo Morales during his visit to Zurich, Switzerland.
Friday, June 29th 2007 - 21:00 UTC
Brazil's unveils ten year 133 billion US dollars oil & gas plan

Energy corporations will invest 133 billion US dollars in the next ten years looking for oil and gas in Brazil according to a release from the country's Ministry of Mines and Energy.
Friday, June 29th 2007 - 21:00 UTC
US core inflation drops to 1.9%, lowest in three years

United States core inflation fell below 2% for the first time in three years after a modest increase in prices last month, according to new government figures.
Friday, June 29th 2007 - 21:00 UTC
White House calls for extension of special trade powers

The White House has urged Congress to renew President George W Bush's ability to agree trade deals without Congress interference. Its comments come ahead of a 30 June deadline that ends Congress' current inability to seek to amend any global trade deals that the President agrees.
Friday, June 29th 2007 - 21:00 UTC
Beijing tightens and Shanghai composite drops 7% in June

China's main stock exchange index dropped 2% Friday, making June the worst month since May 2005. Fears that the government might announce measure to soak liquidity are behind the collapse.
Friday, June 29th 2007 - 21:00 UTC
Growing controversy in US over corn ethanol vs food prices

The main ethanol lobby in United States, Renewable Fuels Association, RFA, said that the growing demand for renewable fuel based on corn is not responsible for the recent increase in milk and dairy products worldwide.
Thursday, June 28th 2007 - 21:00 UTC
Falklands Government exhibiting at July Royal Show in Stoneleigh

The Falkland Islands Government will be exhibiting at the Royal Show at Stoneleigh Park in Warwickshire from 1 ÃÂ¢€” 4 July. In the 25th anniversary of the South Atlantic conflict visitors to the show will be able to find out how the Falklands has developed since 1982 into a dynamic UK Overseas Territory which is diversifying its rural economy to achieve sustainable development.
Thursday, June 28th 2007 - 21:00 UTC
Fed leaves rates at 5.25%; inflation risk predominant concern

Fearing inflation “will fail to moderate as expected”, the United States Federal Reserve, following two days meeting, left its main interest rate unchanged, for the eighth time running at 5.25
Wednesday, June 27th 2007 - 21:00 UTC
Oil World forecasts fall in global 2007/08 soybean harvest

The global 2007-08 soybean harvest is likely to fall by eight million tons on the season to 227.61 million tons, according to forecasts from Hamburg-based oilseeds analysts Oil World.
This would be below the 2007/08 global forecast consumption of 237.90 million tons, up from an estimated 227.36 million tons in 2006-07.