Economy

• Friday, April 25th 2014 - 05:31 UTC

  Brazil investigating potential case of atypical mad cow disease in Matto Grosso

  

  Brazil is investigating a potential case of atypical mad cow disease, the agriculture ministry said on Thursday, just over a year after several countries banned Brazilian beef imports when a similar case of the disease was confirmed.

• Thursday, April 24th 2014 - 08:11 UTC

  Argentine and China reaffirm close trade and political links

  

  Argentine President Cristina Fernández received on Wednesday China’s Foreign Ministry Wang Yi and signed several trade agreements, including aerospace infrastructure at the Government House, Buenos Aires City. During the meeting, the president was accompanied by Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof, Federal Planning Minister Carlos Julio De Vido and Foreign Minister Héctor Timerman, with whom Wang Yi had a previous meeting.

• Thursday, April 24th 2014 - 07:59 UTC

  China making inroads into Brazilian trade with Argentina, says CNI

  

  Argentina's economic situation has hit Brazil harder than its other commercial partners, as China has been making inroads into Brazilian trade with Argentina. Chinese exports to Argentina have more than tripled in the last ten years, according to a study carried out by Brazil's National Confederation of Industry, (CNI).

• Thursday, April 24th 2014 - 07:42 UTC

  Falkland Islands' “Agency of the Year” for Sulivan Shipping

  

  “Agency of the Year”, for Sulivan Shipping and “Managing Director” to Roddy Napier, were among the outstanding performers of the Falkland Islands third Tourism Awards presentation which took place at Government House, Stanley, with the presence of Acting Governor John Duncan, tourist board and industry representatives and a large crowd.

• Thursday, April 24th 2014 - 07:10 UTC

  Paraguay moving closer to Pacific Alliance; expects invitation for summit in Mexico

  

  A top Paraguayan official will be travelling to Colombia to establish 'closer links' with the Pacific Alliance and advance with the country's full membership request. Paraguay currently with observer status is also waiting for the official invitation to participate in the Pacific Alliance summit scheduled for 22 June in Mexico.

• Wednesday, April 23rd 2014 - 09:28 UTC

  Argentina's high court rules export levies are unconstitutional; case benefits shrimp exporter

  

  Argentina's Supreme Court ruled as unconstitutional a Ministry of Economy resolution imposing export taxes on the overseas sale of produce from Camaronera Patagonica. Following the ruling the Patagonia shrimp company should be able to recover the levies on exports charged between March and August 2002.

• Wednesday, April 23rd 2014 - 07:53 UTC

  Argentine economy expands 1.3% in February over a year ago, says government

  

  Argentina's economy expanded 1.3% in February compared with the same month a year ago, the government said on Tuesday, a result that outpaced market expectations. The government's stats office Indec also revised January economic activity to positive 1.4% from a previously reported expansion of 1.2%.

• Wednesday, April 23rd 2014 - 05:37 UTC

  Brazil anticipates lower soy exports because of a weaker Chinese demand

  

  Brazilian soy crushing association Abiove said on Tuesday the nation would export 43 million tons of soybeans from this season's nearly harvested crop, down from its forecast of 44 million tons a month earlier due to weaker Chinese demand.

• Tuesday, April 22nd 2014 - 07:17 UTC

  Mercosur agrees on joint trade proposal to exchange with Europe, announces Mujica

  

  “It took time and effort, but believe it or not” in less than two months time, Argentina, Brazil, Paraguay and Uruguay will be presenting their joint tariff reduction proposal to Europe for discussions on an ambitious Mercosur/EU cooperation and trade agreement that has been on the table since 1999, said President Jose Mujica.

• Tuesday, April 22nd 2014 - 07:12 UTC

  EU anti dumping measures force Argentina to eliminate taxes on bio-diesel

  

  Argentine President Cristina Fernandez on Monday asked Congress to eliminate some of the taxes paid by biodiesel manufacturers in a bid to support an industry hard hit by European Union anti-dumping measures, which was the country's main export market.