Economy

• Saturday, September 1st 2012 - 06:50 UTC

  Top tax-man suggests Argentines spend vacations in the country, but he prefers Punta del Este

  

  Argentines should stay at home and spend their vacation in Argentina, suggested the head of the tax revenue office, AFIP, arguing in favour of the latest measures severely limiting debit and credit card purchases abroad by charging them an additional 15% expense.

• Saturday, September 1st 2012 - 06:43 UTC

  Falklands’ new Tourism managing director targets the US market

  

  Tony Mason, the newly appointed managing director of the Falkland Islands Tourist Board (FITB), has just taken up his position in Stanley, the Falklands’ capital. Originally from Atlanta, Mason is responsible for overseeing the tourism strategy.

• Saturday, September 1st 2012 - 06:38 UTC

  Falklands' 2013 fisheries catch limits similar to this year’s

  

  The Falkland Islands total allowable effort and catch limits for 2013 will be largely the same as in 2012 it was agreed at the Islands’ Fisheries Committee Meeting this week.

• Saturday, September 1st 2012 - 06:33 UTC

  Bernanke’s speech sparks enthusiasm but also neutralizes expectations

  

  Federal Reserve Chairman Ben Bernanke said on Friday progress in bringing down US unemployment was too slow and the central bank would act as needed to strengthen the economic recovery.

• Saturday, September 1st 2012 - 06:25 UTC

  WTO says Argentina officially lodged a beef dispute against the US

  

  Argentina on Thursday officially lodged a dispute against US restrictions on imports of Argentinean beef and other meat products, the World Trade Organization (WTO) said on Friday.

• Saturday, September 1st 2012 - 06:20 UTC

  Colombia GDP overtakes Argentina’s, “a dream come true” says Finance minister

  

  Colombia’s outgoing Finance minister Juan Carlos Echeverry said on Friday that the country’s GDP overtook Argentina’s thus making Colombia’s economy the second largest of South America and third of Latinamerica, behind Brazil and Mexico.

• Saturday, September 1st 2012 - 04:05 UTC

  Brazilian economy commodities dependency en route to its worst year since 2009

  

  The Brazilian economy expanded 0.4% in the second quarter of the year over the previous three months, and 0.5% over the same period a year ago, according to the latest release from the country’s official Brazilian Geography and Statistics Institute, IBGE.

• Friday, August 31st 2012 - 05:08 UTC

  Argentina surprised by Germany, which voted against granting a loan at the IDB

  

  “We’re a free country with dignity and national pride; we are nobody’s employee or subordinate” challenged Argentine president Cristina Fernandez after it was revealed that the US, Spain and Germany at the Inter American Development bank (IDB) had voted against granting the country a loan.

• Friday, August 31st 2012 - 05:03 UTC

  Argentine credit card holders’ buying abroad charged 15% income tax advance

  

  Argentine credit card purchases abroad will be charged with an additional 15% income tax advance, AFIP tax agency reported on Thursday. The extra amount will be deductible from the income tax and the personal assets tax.

• Friday, August 31st 2012 - 04:52 UTC

  Cristina wants an Audiovisual Pole modelled on Hollywood in Buenos Aires waterfront

  

  Argentina’s leader unveiled an ambitious plan Wednesday to support the country’s television and film creators with a new industrial park along the Buenos Aires waterfront that she hopes will be modelled on Hollywood’s studios.