Economy

• Tuesday, March 3rd 2020 - 08:21 UTC

  Brazil's soybeans sales to China and soy-meal exports to the EU remain very strong

  

  Brazil, the world’s largest soy producer, and supplier, shipped 3.55 million tons of soybeans in the first three weeks of February, up 367% month on month, according to a report from the Brazilian foreign trade department.

• Monday, March 2nd 2020 - 19:54 UTC

  Crucial election in oil rich Guyana; economy forecasted to grow 85% this year, IMF

  

  Guyana goes to the polls this Monday in a pivotal election in one of South America's poorest nations, where a coming oil boom is set to reshape an ethnically-divided political landscape.

• Sunday, March 1st 2020 - 13:35 UTC

  Falklands Illex season has assembled some 105 licensed jiggers

  

  The Falkland Islands are expecting some 105 jiggers to take the Illex licenses, which is a “normal” number for the season while preliminary results anticipate an abundant catch. “The usual” 105 jiggers plus one trawler has accepted the Illex license offers, confirmed earlier in the week Director of Natural Resources Dr Andrea Clausen.

• Sunday, March 1st 2020 - 13:19 UTC

  Hyundai closes a factory in South Korea because of coronavirus

  

  Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.

• Saturday, February 29th 2020 - 07:49 UTC

  Brazil's beef industry hit by drop in Chinese demand; cattle price down 10% in January

  

  China’s beef imports will fall in the first half of 2020 due to fallout from the coronavirus outbreak, which is complicating the circulation of people and trade globally, Rabobank said in a report released on Thursday.

• Saturday, February 29th 2020 - 07:44 UTC

  Merrill Lynch and JP Morgan cut Brazil's 2020 economic growth to below 2%

  

  Bank of America Merrill Lynch cut its 2020 Brazilian economic growth outlook to under 2.0%, while JP Morgan reduced its outlook for Latin America’s largest economy even further below the threshold that many observers say is highly sensitive for President Jair Bolsonaro’s administration.

• Saturday, February 29th 2020 - 07:40 UTC

  Falklands' government and fishing companies agree accord to underpin future of the industry

  

  The Falkland Islands Government (FIG) and the Falkland Islands Fishing Companies Association (FIFCA) have agreed an Accord to underpin the future of the industry. The Accord acknowledges that the Falkland Islands has a strong commitment to quality, sustainability and the environment.

• Saturday, February 29th 2020 - 05:49 UTC

  Argentina planning a ferry linking Santa Cruz province with Tierra del Fuego

  

  Argentina is considering establishing a direct connection between the Patagonian provinces of Santa Cruz and Tierra del Fuego, thus avoiding the need to cross Chilean territory, as happens currently.

• Friday, February 28th 2020 - 07:55 UTC

  IMF mission arrives in Buenos Aires next Monday to continue negotiations

  

  The International Monetary Fund will send another mission to Argentina to continue debt strategy talks and discuss “next steps,” IMF spokesman Gerry Rice said on Thursday, as the country seeks to renegotiate its US$ 57 billion financing package.

• Friday, February 28th 2020 - 06:02 UTC

  Argentine Patagonia lamb and mutton admitted into the Chinese market

  

  China approved the necessary sanitary protocols and authorized the sale of lamb, mutton and sub-products from sheep bred in Argentine Patagonia, according to Argentina's Agriculture ministry.