Economy

Wednesday, October 2nd 2019 - 09:48 UTC
Brazilian industrial production rose in August at its fastest pace in over a year

Industrial production in Brazil rose in August at its fastest pace in more than a year, official figures on Tuesday showed, a sign that Latin America’s largest economy may slowly be turning a corner after flirting with recession earlier in the year.
Wednesday, October 2nd 2019 - 09:25 UTC
A 50p Falklands' coin with the wrong Rockhopper penguin variety nets £114 online

A rare 50p coin from the Falkland Islands has sold for almost £114 online, thanks to a subtle blunder. The silver coin was minted as part of a set of four penguin-themed 50ps designed to celebrate the wildlife on the British isles back in 2017. The original 50p coins featured the wrong variety of Rockhopper penguin
Wednesday, October 2nd 2019 - 09:08 UTC
INIDEP launches “Marine and Fisheries Sciences” publication in English and Spanish

The Argentine Fisheries Research and Development Institute, INIDEP, based in Mar del Plata has re-launched a historic scientific magazine, now re-baptized “Marine and Fisheries Sciences” with the purpose of circulating the work and papers from the institute.
Wednesday, October 2nd 2019 - 09:00 UTC
China displays its military muscle with an impressive parade on the 70th anniversary of the communist revolution

China celebrated its growing power and confidence with a big display of military hardware and goose-stepping troops in Beijing on Tuesday, overseen by President Xi Jinping, who pledged peaceful development on Communist China’s 70th birthday.
Tuesday, October 1st 2019 - 09:59 UTC
Some 15.8 million Argentines living in poverty according to the latest data

Poverty in Argentina rose to 35.4% of the population in the first half of the year, the highest officially recorded level since 2001, the INDEC national statistics bureau reported today. This means that some 15.8 million Argentines are now considered poor, INDEC's data indicates. At the end of 2018, 32% of Argentines were said to be living in poverty.
Tuesday, October 1st 2019 - 09:55 UTC
Argentina's recurring nightmare

By Andrés Bello (*) - Argentine President Mauricio Macri seems almost certain to lose his country’s presidential election next month, after committing the same kinds of economic policy mistakes that so many of his Peronist predecessors made. It is a tragic and catastrophically disappointing denouement.
Tuesday, October 1st 2019 - 09:47 UTC
Brazil's newest oil auction attracting oil majors

Brazil’s newest oil auction is attracting some of the world’s biggest oil majors such as BP, Chevron, CNOOC, ExxonMobil, and Shell, the Brazilian government said on Monday, according to Bloomberg.
Tuesday, October 1st 2019 - 09:37 UTC
Maduro scoffs at EU sanctions and Trump's failed Venezuela policy

Venezuelan President Nicolas Maduro on Monday scoffed at sanctions imposed by the European Union and accused Brussels of doing US President Donald Trump's bidding. “I don't care about the European Union sanctions, the sanctions of the European Union make us laugh,” Maduro told a press conference, saying the EU was “sinking in the mud of Donald Trump's failed Venezuela policy.”
Tuesday, October 1st 2019 - 09:23 UTC
Uruguay expects some 203 cruise calls this 2019/2020 season

Uruguay is expecting 203 calls this coming 2019/20 cruise season, which represents an 11.6% increase over the previous season. The announcement was done by Tourism minister Liliam Kechichian during a conference on the cruise and tourism industry held in the Atlantic seaside of Punta del Este.
Tuesday, October 1st 2019 - 09:03 UTC
Brazil's national debt at a record high in August, 79.8% of GDP

Brazil's national debt rose to the highest on record in August, central bank figures showed on Monday, driven by a combination of increased interest payments, higher borrowing and a weaker exchange rate.