Argentina's mineral exports in 2007 fell 9.6% on the year in terms of volume but rose 22.2% in terms of value, according to a report from IES Consultores published in the Buenos Aires press. Exports last year were valued at 2.8 billion US dollars, with copper making up 62.6% of shipments, IES said.
China's consumer prices index jumped in February to an 11-year high of 8.7%, presenting Beijing's leaders with a big economic headache in the run-up to the Olympic Games. Twelve months inflation in January was 7.1% and economists had expected a February figure in the range of 8 percent.
In the wake of world food prices leaping almost 40% last year, the United Nations agricultural agency is calling on governments and businesses to boost production through investment.
The number of US home foreclosures, and the rate of homes entering the process, reached record highs in the fourth quarter of 2007, according to the US Mortgage Bankers Association.
Gibraltar will benefit from over 9 million Euros in EU funding over the next six years to invest in projects aimed at fostering sustainable and diversified economic growth reports the Gibraltar Chronicle.
Brazil economy grew more than 5% in 2007 on high global demand for agricultural products, ethanol and iron ore and a booming domestic market, Finance Minister Guido Mantega said Friday in a press conference.
The United Nations food agency has asked wheat-producing nations in Asia, including India and Pakistan to be on high alert following a report that a new virulent wheat fungus has moved to major wheat-growing areas in Iran.
World fertilizer production is expected to outstrip demand over the next five years and will support higher levels of food and bio-fuel production, FAO said in a new report entitled Current world fertilizer trends and outlook to 2011/12, published this week.
The United States State Department 2008 International Narcotics Control Strategy Report makes a link and describes Spain as the grand European centre for money laundering, according to the Gibraltar Chronicle.
Colombia is assessing the economic impact of the current diplomatic conflict with Ecuador and Venezuela which represented 9 billion US dollars in trade last year and a significant boost for the country's economic expansion.