Economy

Wednesday, September 5th 2007 - 21:00 UTC
Autocar Takes Freelander to a New Ground

Autocar, the world's oldest car magazine, has exposed all-new Land Rover Freelander through its paces in the Falkland Islands. The territory is considered one of the most rugged and challenging locations for any 4x4 vehicle.
Wednesday, September 5th 2007 - 21:00 UTC
Wines of Chile reports a 37 percent of wine exports

Although many of Chile's agro-industrial sectors have suffered this year due to labor conflicts and an exceptionally cold winter, its wine industry is thriving
Wednesday, September 5th 2007 - 21:00 UTC
Beige Book shows Fed in no rush to cut interest rates

The United States economy is feeling a “limited” impact from the credit re-pricing and weak housing industry, the Federal Reserve said in its Beige Book report Wednesday. The report suggested the Fed may not be in a rush to aggressively cut interest rates despite skittish financial markets.
Tuesday, September 4th 2007 - 21:00 UTC
Controversy over how fast China is really growing

While many people believe China will effectively quite soon become the world's second economy and catch up with United States sometime this century, MIT Professor Lester Thurow for a range of reasons argues that China's century will not be this one, but the next.
Tuesday, September 4th 2007 - 21:00 UTC
US leads the world in labour productivity says ILO

While productivity levels have increased worldwide over the past decade, gaps remain wide between the industrialized region and most others, although South Asia, East Asia, and Central & South-Eastern Europe (non-European Union) & CIS have begun to catch up the International Labor Office (ILO) said in a new report published Monday.
Tuesday, September 4th 2007 - 21:00 UTC
Record wheat prices on possible Russian shipments curb

Wheat rose to a record in Paris on Monday as traders speculated that Russia could curb shipments to restrain domestic food prices. Moscow has formed a working group that will consider measures to curb grain prices, which may include sales from state inventories as well as export duties and quotas.
Tuesday, September 4th 2007 - 21:00 UTC
Bachelet signs free trade pact with Japan in Tokyo

On the first day of Chilean President Michelle Bachelet's trip to Japan, she and Japanese Prime Minister Shinzo Abe signed a Free Trade Agreement (FTA), which came into effect immediately. That accord is expected to create 50,000 new jobs and significantly increase Chile's exports to Japan.
Tuesday, September 4th 2007 - 21:00 UTC
Unemployment and informality threaten young Latinamericans

Unemployment, informality and inactivity endanger prospects of some 106 million young people in Latin America and the Caribbean in the labour market, and hinder potential economic growth and the fight against poverty in the region according to a new report of the International Labour Office (ILO) issued in Santiago de Chile on Tuesday.
Monday, September 3rd 2007 - 21:00 UTC
Southern Chile has highest average food prices

According to a study conducted by the Chilean daily La Tercera, Coyhaique and Puerto Montt are the Chilean cities with the highest average food prices.
Saturday, September 1st 2007 - 21:00 UTC
July inflation in US and Euro Zone remained stable

The United States Federal Reserve's preferred inflation guide grew less than expected in July, increasing the possibility of a cut in US interest rates next month.