Economy

Tuesday, April 8th 2014 - 22:05 UTC
Falklands fiscal regime and stability remain attractive for oil and gas industry

With the Falkland Islands' upstream oil and gas industry still in its infancy, the country's attractive fiscal regime, which boasts a low government take, is expected to remain stable through the short and medium term, says a new report from research and consulting firm GlobalData.
Tuesday, April 8th 2014 - 07:38 UTC
UK minister arrives in Brazil to ramp trade with generous export financing

At the start of a three day trade trip to Brazil, the Chancellor of the Exchequer George Osborne announced the next stage in the UK government’s fundamental overhaul of finance for exporters which should move the UK to the top of the global league for export support.
Tuesday, April 8th 2014 - 07:35 UTC
March inflation in Buenos Aires City, 3.6% and 37.5% in the last 12 months

Consumer prices in the City of Buenos Aires increased 3.6% during March compared to February according to the latest release from the economic consultants FIEL. This is the first drop this year following the increases in January and February which were above 5%.
Tuesday, April 8th 2014 - 00:21 UTC
Rolls-Royce marine facility in Rio to support Brazil's oil industry

Chancellor of the Exchequer George Osborne MP on a three-day visit to Brazil announced on Monday that Rolls-Royce is to build a new £ 22 million Marine facility in Duque de Caxias, Rio de Janeiro.
Monday, April 7th 2014 - 21:24 UTC
Latam and Caribbean migrants remittances total over 60bn dollars annually

A new study by the Inter-American Development Bank’s (IDB) Multilateral Investment Fund (MIF) and the Inter-American Dialogue has shed light on the financial behavior of Latin American and Caribbean migrants, finding that there is need for formal savings products for remittance clients.
Monday, April 7th 2014 - 06:36 UTC
Brazil's high yield bonds again attract foreign investors

Brazil’s decision to hike its key interest rate to 11%, its highest level in two years, has again started to attract investors since there are also strong hopes that Brazil’s next president to be elected in October will rein in spending and adjust macroeconomic policies.
Monday, April 7th 2014 - 05:34 UTC
China's COFCO joins world's top grain-traders select club

COFCO Corp has agreed to pay 1.5 billion dollars for a majority stake in Noble Group Ltd's agribusiness, its second acquisition in less than two months, as China's largest grain trader seeks to strengthen its market position worldwide.
Saturday, April 5th 2014 - 03:34 UTC
US economy adds 192.000 new jobs in March; unemployment steady at 6.7%

The US added 192,000 new jobs in March, in line with expectations, as the unemployment rate held steady at 6.7%. Severe weather over the winter did not prevent the monthly average for new jobs from continuing a climb towards pre-economic crisis levels.
Saturday, April 5th 2014 - 03:05 UTC
The most profitable gas in the world

By Robert Bensh of Oilprice.com - There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver's seat and how serious they are about becoming a part of Europe and reducing dependence on Russia. But by then, investors will have missed the boat.
Friday, April 4th 2014 - 07:53 UTC
Latam leaders discuss improving education and skills to help diversity economy

Political, business and academic leaders gathered for the ninth annual World Economic Forum in Latin America in Panama set out strategies for the region to move beyond dependence on commodity exports and face the challenges of a rapidly changing global economy.