Economy

Wednesday, June 12th 2013 - 07:20 UTC
China set eyes on Latam agriculture to promote cooperation and food security

China is determined to strongly stimulate agriculture cooperation with Latin America to improve bilateral trade in the field, develop farming technology and improve productivity. This was the main conclusion of the recent China/Latinamerica Agriculture Cooperation Forum held in Beijing which convened over twenty Agriculture ministers from the region with host minister Han Changfu.
Wednesday, June 12th 2013 - 07:18 UTC
Germany’s highest court to decide on ECB bond-purchase program

Germany's highest tribunal, the Constitutional Court, began on Tuesday the first of two days of hearings on Tuesday on whether the European Central Bank's program to buy up sovereign debt of struggling Euro zone countries is compatible with Germany's Basic Law.
Wednesday, June 12th 2013 - 07:17 UTC
Japan’s slowing of bold stimulus plan disappoints investors; markets down

World share indexes have fallen after the Bank of Japan (BoJ) on Tuesday held off taking new measures to calm markets. BoJ governor Haruhiko Kuroda said the central bank would consider fresh steps if borrowing costs spike in the future, but opted against further action now.
Wednesday, June 12th 2013 - 07:14 UTC
Car sales in Brazil full speed ahead; 1.4 million units sold in five months

Car sales in Brazil are setting new levels almost every month and May has been no exception, with 300,940 units sold beating the previous May record of 300,514 cars (registered in 2011).
Tuesday, June 11th 2013 - 21:57 UTC
Israel and Colombia sign far reaching free trade agreement

Israel and Colombia this week signed in Jerusalem a free trade treaty to increase trade and promote investments in the fields of technology. The treaty which was reached after fifteen years of intense negotiations now needs legislative approval which should be accomplished by early 2014 according to Israeli political sources.
Tuesday, June 11th 2013 - 05:12 UTC
Falkland Islands Holdings results confirm success of South Atlantic oil industry

Falkland Islands Holdings' shares rose on Monday after it posted an increase in underlying pre-tax profits and looked forward to 'an exciting future'. FIH reported underlying pre-tax profits of £3.29m for the year to the end of March - 1.9% up on last time.
Monday, June 10th 2013 - 22:31 UTC
Slower global agricultural production in next decade but prices above historic average, says FAO

Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to a new report published by the OECD and FAO released this week.
Monday, June 10th 2013 - 20:41 UTC
Argentina celebrates: China accepts three GM types of soybean for consumption

China approved three genetically modified soybean types for consumption, including the RR2BT seed resistant to the imidazolinonas and the glufosinat-ammonium herbicides. The announcement was made following a meeting between Agriculture ministers from Argentina and China in Beijing.
Monday, June 10th 2013 - 19:44 UTC
S&P upgrades US credit outlook to ‘stable’; government debt 84% of GDP

Credit rating agency Standard & Poor's On Monday upgraded its credit outlook for the United States government to “stable” from “negative,” saying the chances of a downgrade of the country's rating is “less than one in three.”
Monday, June 10th 2013 - 14:02 UTC
Paraguay soy exports reach 1.55bn dollars in first five months of 2013

Soybeans, electricity and beef figure as the main export items of landlocked Paraguay, during the first five months of the year. According to a release from the Ministry of Industry and Trade, exports at the end of May reached 4,12bn dollars compared to 2.96bn a year ago, which represents a 57.3% increase.