Economy

• Monday, August 15th 2011 - 23:15 UTC

  Renewed UK interest in South America in spite of Argentina’s Falklands’ policy

  

  The UK is showing a renewed interest in South America and has been successful in establishing cooperation with individual countries in spite of Argentina’s attempts to gather multilateral support for its claim on the Falkland Islands, according to World Politics Review.

• Monday, August 15th 2011 - 11:56 UTC

  USDA estimates Argentine 2011/12 wheat crop at 13.5 million

  

  The coming 2011/12 wheat crop of Argentina will reach 13.5 million tons instead of the 15 million forecasted last July, reported the US Agriculture Department, USDA.

• Monday, August 15th 2011 - 05:00 UTC

  Japanese agency upgrades Brazil’s credit rating to BBB, second notch in investment grade

  

  R&I Japan agency last week upgraded Brazil’s credit rating from BBB- to BBB, the second notch in investment grade level, with stable outlook.

• Monday, August 15th 2011 - 04:35 UTC

  Unasur creates three task groups to protect the region from ‘industrialized north crises’

  

  The Union of South American Nations must act quickly to protect the region's growing economies from another global financial crisis, Economy ministers and Central bankers from the 12-nation organization agreed at an emergency meeting convened Friday in Buenos Aires.

• Monday, August 15th 2011 - 01:08 UTC

  Loss of confidence in economic leadership leaves world economy in “new danger zone”

  

  The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.

• Monday, August 15th 2011 - 01:00 UTC

  Lula da Silva: developed countries lack political initiative; need to learn from Latam

  

  Former Brazilian president Lula da Silva blasted the developed countries lack of political initiative to face the economic crisis and suggested they adopt a strategy similar to Brazil’s.

• Friday, August 12th 2011 - 17:37 UTC

  Falklands claims Argentina responsible for ending Southern Blue Whiting fishery

  

  Argentina contributes for the destruction of the species Southern Blue Whiting in the South West Atlantic claim Falkland Islands Fisheries Department scientists and fishing company executives.

• Friday, August 12th 2011 - 17:29 UTC

  Falklands’ Illex: one good season does not transform an industry

  

  Despite a relatively buoyant 2011 Illex fishing season and “some optimism for the future,” one jigging company went out of business and others had problems finding the funds to pay licence fees said The Falkland Islands Director of Fisheries John Barton.

• Friday, August 12th 2011 - 17:27 UTC

  US retail sales up in July, but consumer confidence down to its lowest since 1980

  

  US retail sales rose in July by the largest amount in four months, Commerce Department figures show, tempering fears that the US may be slipping back into recession.

• Friday, August 12th 2011 - 06:22 UTC

  Latam markets end with sustained recovery and more confidence

  

  Latin American stocks rose on Thursday after bargain-hunting and improving US jobs data gave the market some relief. Investors swept up shares battered by the recent market rout that had knocked about 18% off the MSCI Latin America stock index since last week.