Economy

Tuesday, March 6th 2007 - 21:00 UTC
Global markets rebound; caution over US economy data

Stock markets around the world rebounded on Tuesday after five days of losses but concerns over volatility remain. In Latinamerica major stock markets followed on the world reaction with Sao Paulo soaring almost 5%.
Monday, March 5th 2007 - 21:00 UTC
Uncertain week for global markets: all eyes on China

Global stock markets face an uncertain week after a slump in China and fears of an economic slowdown in United States saw the biggest sell-off in more than four years.
Monday, March 5th 2007 - 21:00 UTC
Global markets volatility persists: investors dump stocks

The global stock market slump has entered its second week with stocks plunging in Wall Street, Asia, Europe and Latinamerica. Although the key US Dow Jones index remained positive for most of Monday, towards the end of the session it closed down 63.7 points, or 0.5%, at 12,050.4.
Sunday, March 4th 2007 - 21:00 UTC
Ethanol prices could push food prices higher warns USDA

Ethanol will devour 50% more corn this year, eating into the food industry's share of the crop, anticipated the United States Agriculture Department. From breakfast cereal to beef to beer, competition from ethanol could raise prices for all kinds of foods.
Friday, March 2nd 2007 - 21:00 UTC
Greenspan's toning down of forecast could calm volatility

Toning down his earlier warning over a recession in the United States later this year, former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar Thursday that he does not think economic slowdown in the US is “probable”.
Thursday, March 1st 2007 - 21:00 UTC
Brazil grows 2.9%; reserves reach record 100 billion

Brazil's economy expanded 2.9% last year compared to 2.35% in 2005 according to the latest official release on Wednesday. In the fourth quarter GDP increased 1.1% over the third quarter and 3.8% over the same period in 2005, reported the Brazilian Institute of Geography and Statistics.
Thursday, March 1st 2007 - 21:00 UTC
Shanghai and Wall Street rebound, but volatility looms

Chinese stock markets rebounded Wednesday following their deepest fall in a decade but most markets in Asia and Europe kept sliding for a consecutive second day amid fears of a slowing of China and the United States economies.
Thursday, March 1st 2007 - 21:00 UTC
New hopes for the WTO Doha round negotiations

Top trade negotiators from the United States, the European Union, Brazil and India are scheduled to meet in London and Geneva this weekend to discuss stalled World Trade Organization efforts to liberalize global commerce said Brazilian officials on Thursday.
Thursday, March 1st 2007 - 21:00 UTC
Global markets fail to recover on fears of corporate earnings

World shares dropped for a third day Thursday on concerns about growth in leading economies and the outlook for corporate profits. A large slide in Europe and Asia was compounded by a drop on US indexes.
Wednesday, February 28th 2007 - 21:00 UTC
Uruguayan economy grew 6.5% in 2006; GDP 19.5 billion

Uruguay's economy expanded 6.5% in 2006 said President Tabare Vazquez according to a draft copy from his state of the nation speech to be delivered March first. This is half a point less than the 7% originally estimated.