Economy

Sunday, December 6th 2020 - 23:00 UTC
Brexit and its impact: no representation of the Falklands case to the EU

Complicated challenges ahead for the Falkland Islands as the Brexit deadline inexorably approaches. While the Falklands Government has made public assurances that it has worked hard to ensure the impact of Brexit on the Falklands...
Sunday, December 6th 2020 - 08:47 UTC
Argentine squid season south of parallel 44 takes off on January 16

The 2021 Argentine squid season. south of parallel 44, takes off next 16 January, according to the country's Fisheries Federal Council, following on the scientific report from Inidep, the national fisheries research and development institute.
Friday, December 4th 2020 - 09:40 UTC
IMF and Argentina discussions “very fluid and constructive”, but no date for closing a new deal

Negotiations between the International Monetary Fund and Argentina over a new IMF loan program are “very fluid and constructive,” with Argentine officials expected to come to Washington in the coming days for more talks, IMF spokesman Gerry Rice said on Thursday.
Friday, December 4th 2020 - 09:25 UTC
Poverty in Argentina reaches 44,2% of the population, with special impact on households with children

Some 18 million people, 44,2% of the Argentine population live in poverty conditions, and indigence trapped 10,1%, during the third quarter of 2020, according to the Argentina Catholic University Social Debt Observatory.
Friday, December 4th 2020 - 09:08 UTC
Strong overall rebound of Brazilian economy in third quarter, 7,7%, but still at 2017 size

Brazil’s economy grew in the third quarter by the most on record as the easing of anti-coronavirus lockdown measures triggered a strong rebound in activity across most sectors, especially industry and services, while fixed investment jumped sharply.
Friday, December 4th 2020 - 08:56 UTC
S&P Dow Jones will launch cryptocurrencies indices in 2021

S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class.
Friday, December 4th 2020 - 08:40 UTC
“Make Amazon Pay” campaign supported by 400 lawmakers from 34 countries

More than 400 lawmakers from 34 countries have signed a letter to Amazon.com Inc boss Jeff Bezos backing a campaign that claims the tech giant has “dodged and dismissed … debts to workers, societies, and the planet,” organizers said.
Friday, December 4th 2020 - 08:00 UTC
Food commodity prices rose sharply in November to their highest in six years

Global food commodity prices rose sharply in November to their highest level in nearly six years, according to a benchmark United Nations report released on Thursday. The FAO Food Price Index averaged 105.0 points during the month, up 3.9% from October and 6.5% higher than its value a year earlier. The monthly increase was the sharpest since July 2012, putting the index at its highest level since December 2014, the Food and Agriculture Organization said.
Thursday, December 3rd 2020 - 09:48 UTC
Joe Biden said he would pursue policies targeting China’s “abusive practices”

Joe Biden will not immediately cancel the Phase 1 trade agreement that President Donald Trump struck with China nor take steps to remove tariffs on Chinese exports, the New York Times on Wednesday quoted the U.S. president-elect as saying.
Thursday, December 3rd 2020 - 09:40 UTC
Ecuador expects the economy to grow 3,1% next year following an 8,9% contraction

Ecuador’s central bank said it expected the country’s economy to expand by 3.1% in 2021, following an 8.9% contraction in 2020 due to a plunge in crude prices and the effects of the coronavirus pandemic.