Economy

• Wednesday, August 29th 2012 - 21:16 UTC

  EU threatens to impose tariffs on bio-diesel imported from Argentina

  

  The European Union threatened on Wednesday to impose tariffs on bio-diesel imported from Argentina and also Indonesia. The announcement was made today on the bloc’s Official Gazette.

• Wednesday, August 29th 2012 - 06:10 UTC

  Brazilian court orders resumption of work at controversial dam in the Amazon

  

  Brazil's Supreme Court has approved the resumption of work on the controversial 13 billion dollars Belo Monte dam in the Amazon, which was stopped earlier this month after protests from indigenous groups.

• Wednesday, August 29th 2012 - 06:05 UTC

  Clinton and Blair praise Brazil’s economic and social advance in two decades

  

  Brazil appears to have the best long-term prospects among rising economic powers, thanks to its stable policy framework, ample natural resources and good relationship with its neighbours, former U.S. President Bill Clinton said on Tuesday in a ringing endorsement of an economy that has struggled lately.

• Wednesday, August 29th 2012 - 05:59 UTC

  Brazil to deploy first floating oil terminal for refueling tankers in the high seas

  

  Brazil’s energy giant Petrobras said on Tuesday it will deploy the world’s first floating oil terminal capable of refueling tankers on the high seas.

• Wednesday, August 29th 2012 - 02:29 UTC

  Obama warns of flooding and evacuations as hurricane Isaac advances on the Gulf Coast

  

  ”President Barack Obama warned residents of the Gulf Coast Tuesday that there could be significant flooding from Tropical Storm Isaac and encouraged people to evacuate if instructed by authorities to do so.

• Wednesday, August 29th 2012 - 02:22 UTC

  Spain to the mercy of markets and with little signs of recovery

  

  Spain’s recession worsened in the second quarter as the government’s austerity push to reduce the Euro area’s third-biggest budget deficit and a slump in consumer spending offset growth in exports.

• Tuesday, August 28th 2012 - 06:46 UTC

  Europe waiting for Mercosur to overcome ‘Paraguay situation’ and resume trade talks

  

  The European Commission remains “on hold” waiting for the evolution of events in Mercosur with the incorporation of Venezuela as full member and the suspension of Paraguay, before addressing a new round of association and trade negotiations.

• Tuesday, August 28th 2012 - 04:29 UTC

  Buenos Aires Aires real estate market faces the challenge of slowdown and ‘pesification’

  

  The Argentine real estate market has witnessed stunning growth over the last decade but growth of the sector appears to have come to an abrupt and dramatic end in the seven months of this year.

• Tuesday, August 28th 2012 - 04:21 UTC

  FIFA new ethics committee will examine 2018 and 2022 World Cup awards

  

  The lead prosecutor of FIFA new ethics committee confirms he will examine the controversial awarding of the 2018 and 2022 World Cups to Russia and Qatar as well as the ISL scandal and corruption allegations involving Sepp Blatter.

• Tuesday, August 28th 2012 - 04:03 UTC

  Brazil beef exports reached 5.37bn dollars in 2011, but volume was down 10.8%

  

  Last year was very positive for Brazil beef exports having jumped from 4.8 billion dollars in 2010 to 5.37 billion in 2011, which represents an 11.65% increase according to Abicec, the Brazilian Association of Meat exporting industries.