Economy

• Wednesday, June 12th 2013 - 07:48 UTC

  Argentina promotes oil and gas opportunities at the British-Argentine Chamber of Commerce in London

  

  The Seminar “Argentina Oil & Gas 2013” organized by the British Argentine Chamber of Commerce (BACC) with the support of the Law Society and UK Trade and Investment Department took place last Thursday June 6 and highlighted Argentina’s century long experience in the hydrocarbons industry.

• Wednesday, June 12th 2013 - 07:41 UTC

  Argentine’ farmers begin Saturday five-day trading-strike to protest lack of dialogue and taxes

  

  Argentine farming sectors announced on Tuesday a one-week walkout following “serious problems” in the agricultural sector. First step is to suspend sales of all non perishable products from Saturday dawn to Wednesday midnight.

• Wednesday, June 12th 2013 - 07:34 UTC

  Uruguay central bank “less confident” in ability to bring down inflation to target

  

  Uruguay’s changes in the monetary policy regime as announced last week are unlikely to address the country’s inflation problems points out Capital Economics in its latest report emphasizing that a tighter economy policy and reduction of wage indexation remain the main challenges to keep within the 5% target.

• 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.