Economy

Wednesday, May 14th 2014 - 05:24 UTC
Uruguay offers 'tremendous guarantees' and is a 'decent country' Mujica tells US investors

Uruguay offers “tremendous guarantees” for investors and is “a decent country”, said President Jose Mujica on his second day visit to Washington where he addressed 120 business people at the US Chamber of Commerce during a Tuesday morning work-breakfast.
Wednesday, May 14th 2014 - 05:19 UTC
Mujica meets Kerry to implement support at technology and education levels

President Jose Mujica addressing US Secretary of State John Kerry said that Uruguay has a significant deficit in technology and scientific education, and was hopeful that cooperation with the United States would help insisting that the goal is achieving equality and wealth distribution.
Wednesday, May 14th 2014 - 00:24 UTC
Cristina Fernandez ally union admits 18.8% (7 million) of Argentines are under the poverty line

At least 7 million Argentines, or 18.8% of the population, currently find themselves under the poverty line, with 1.7 million (4.2%) classed as in extreme poverty or indigence, according to a new report from the Argentine Workers' Central (CTA) union headed by the Cristina Fernandez government ally Hugo Yasky.
Tuesday, May 13th 2014 - 18:51 UTC
IMF warns Latin America about changing times and calls for fiscal prudence

The International Monetary Fund (IMF) has suggested that Argentina could benefit from cutting public spending destined for subsidies on energy costs, stating that such policies are “very costly and distort economic activity.”
Monday, May 12th 2014 - 23:56 UTC
Mujica asks Obama support for scientific knowledge and to combat smoking

In an enjoyable press conference at the White House Uruguay's President Jose Mujica spoke about the increasing importance for people in the US to be bilingual, the dangers of smoking and his interest in having access to U.S. knowledge and professors. President Barrack Obama praised the Uruguayan leader's 'extraordinary' credibility and leadership in democracy and human rights issues.
Monday, May 12th 2014 - 23:51 UTC
Lima ranks as the Latin American with best reputation for making business

Lima, capital of Peru outstands as the leading Latin American city to make business, followed by Santiago de Chile, Buenos Aires, Argentina and Sao Paulo, Brazil, although these last two actually dropped from the previous ranking, according to an annual list made by the Bogotá Rosario University.
Monday, May 12th 2014 - 20:03 UTC
Falklands' fisheries success story: 20 years of Consolidated and 10 of CFL Gambler

Falkland Islands Consolidated Fisheries Ltd (CFL) celebrated its 20th anniversary as a company at a reception and banquet at Malvina House Hotel. It also celebrated the 10th anniversary of its vessel CFL Gambler’s blessing and highlighted the MSC certification of the toothfish fishery.
Sunday, May 11th 2014 - 08:34 UTC
Falklands discusses capital projects investments over the next five years

Falkland Islands members of the Legislative Assembly made an open, public presentation, with feedback, to explain how approximately £61.1 million in available government funds might be divided between capital projects over the next five years.
Saturday, May 10th 2014 - 08:03 UTC
Brazil's auto production rose in March but is down 21,4% compared to 2013

Brazilian vehicle production rose 1.6% last month compared with March, but was down 21.4% from the level of April 2013, the Anfavea auto industry association said Friday. Last month saw 277,100 cars, trucks, SUVs and buses roll off assembly lines in Brazil, significantly short of the 352,400 vehicles produced by Latin America's largest economy in April 2013.
Saturday, May 10th 2014 - 00:45 UTC
Latam and Caribbean committed to eradicate hunger in the region by 2025

Countries of Latin America and the Caribbean have advanced a robust agenda aimed at achieving the eradication of hunger in the region, during a major FAO meeting which concluded on Friday in Chile.