Economy

Wednesday, July 11th 2007 - 21:00 UTC
Organic yields “can better conventional farming”

Organic farming can yield up to three times as much food as conventional farming in developing countries, and holds its own against standard methods in rich countries, according to United States researchers.
Wednesday, July 11th 2007 - 21:00 UTC
Lula da Silva receives Paulson with long list of complaints

US Secretary of the Treasury Henry Paulson received a long list of complaints during his visit Wednesday to Brazil's president Luiz Inacio Lula da Silva, said Finance Minister Guido Mantega who acted as the spokesperson of the meeting in Brasilia.
Saturday, July 7th 2007 - 21:00 UTC
Euro rate unchanged at 4%, but policy remains “accommodative”

The European Central Bank, as forecasted, kept its key interest rate at 4% on Thursday, but President Jean-Claude Trichet hinted of future rate hikes in response to continued growth in Germany, Italy and other European countries.
Saturday, July 7th 2007 - 21:00 UTC
June inflation in Chile reaches 0.9%, the highest since 1991

The National Statistics Institute (INE) revealed this week that Chile's Consumer Price Index increased 0.9% in June. That figure is nearly double the 0.5% monthly government projection, and it revived calls for higher interest rates to calm inflation worries.
Saturday, July 7th 2007 - 21:00 UTC
Lake disappearance linked to global warming

Experts from Chile's National Forestry Service (CONAF) and the Valdivia Center for Scientific Studies (Cecs) this week linked the May disappearance of a glacial lake in far southern Chile to global warming. The team made these claims after a series of visits to the site of the lost lake starting Thursday, and noted there is a possibility that the lake could reform.
Saturday, July 7th 2007 - 21:00 UTC
German high court rules Argentina must repay bondholders

Argentina has no excuse to avoid repaying private German sovereign bond holders who lost out in the worst sovereign debt collapse in modern history, Germany's top court said Friday.
Saturday, July 7th 2007 - 21:00 UTC
LAN holder, and conservative leader, fined for insider trading

Chile's securities regulator on Friday fined a leading right-wing politician and former presidential candidate for insider trading of LAN Airlines SA stock
Friday, July 6th 2007 - 21:00 UTC
June's “official” inflation in Argentina 0.4%, but it's hard to believe

Argentina' “devalued” Statistics and Census Office, Indec, announced on Thursday June's “official” inflation, 0.4% and 3.9% for the first half of the year which is one full point off from the same period in 2006.
Thursday, July 5th 2007 - 21:00 UTC
Fearing “pricing pressure” Bank of England raised rates to 5.75%

The Bank of England has raised interest rates from 5.5% to 5.75%, its fifth rate rise since last August and warned that inflation remains a danger, saying “most indicators of pricing pressure remain elevated”.
Wednesday, July 4th 2007 - 21:00 UTC
Doha round global trade talks heading for “deep freeze”

World Trade Organisation (WTO) chief Pascal Lamy said this week the Doha Round global trade talks risks heading into a “deep freeze” but could be saved if key countries made small concessions.