Economy

• Monday, November 26th 2018 - 06:44 UTC

  Potential losses from EU Brexit deal could reach £100bn a year worse off by 2030

  

  The government's Brexit deal would leave the UK £100bn a year worse off by 2030, analysis by the National Institute of Economic and Social Research (NIESR) has claimed. The study commissioned by the People's Vote, which wants a second referendum, said GDP would shrink by 3.9% annually.

• Saturday, November 24th 2018 - 09:10 UTC

  Prudent optimism that China and US can reach a trade understanding in Buenos Aires

  

  The United States and China have in the coming week what may be their last chance to broker a ceasefire in an increasingly dangerous trade war when their presidents meet in Buenos Aires.

• Saturday, November 24th 2018 - 08:59 UTC

  Oil price slumps 8% to lowest in more than a year: Crude supply grows faster than demand

  

  Oil prices slumped up to nearly 8% to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output. Oil supply, led by U.S. producers, is growing faster than demand and to prevent a build-up of unused fuel such as the one that emerged in 2015, the Organization of the Petroleum Exporting Countries is expected to start trimming output after a meeting on Dec. 6.

• Saturday, November 24th 2018 - 06:54 UTC

  Brazil says it has covered 84% of vacancies left by the Cuban doctors

  

  As Cuban doctors in Brazil begin to head home amid a diplomatic spat between Havana and the Brazilian far-right president-elect, the health ministry of the country said nearly 84% of the resulting vacancies had already been filled.

• Saturday, November 24th 2018 - 06:46 UTC

  South Korea cracks down on canine slaughterhouses; dog meat considered a delicacy

  

  Officials in South Korea have started to dismantle the country's largest dog slaughterhouse. The Taepyeong-dong complex in Seongnam city, south of Seoul, will be cleared over two days and converted into a public park. About one million dogs are consumed every year and activists have sought to end the custom.

• Saturday, November 24th 2018 - 03:07 UTC

  Labour strike grounds all Aerolíneas Argentinas flights for November 26

  

  Aerolíneas Argentinas has cancelled all flights scheduled for this coming Monday, Nov. 26, due to a workers' strike, it was announced Friday.A total 371 flights are to be grounded, affecting the travel plans of over 40,000 passengers, which will cost the state-run company around 20 million US dollars in losses.

• Friday, November 23rd 2018 - 09:45 UTC

  Argentina: waiting for a strong agriculture recovery to help end recession

  

  The industrial production in Argentina dropped 4.8% in October compared to the same period a year ago, accumulating a seven-month consecutive slide, according to the Center of Economic Studies from Orlando Ferreres. Between January and October manufacturing activity registers a 3.5% contraction relative to the same period in 2017.

• Friday, November 23rd 2018 - 09:44 UTC

  New Zealand promotes trade and farm expertise with Argentina and Uruguay

  

  Farmers, dairy product manufacturers and trade representatives in Uruguay and Argentina are hearing a New Zealand take on current agricultural issues this week.

• Friday, November 23rd 2018 - 08:59 UTC

  May and Macri will announce the Falklands' second commercial flight with a stopover in Cordoba, insists Ambito

  

  The Argentine financial newspaper Ambito Financiero is insisting with its version of the agreement reached on the second commercial flight of the Falklands to the region, which is anticipates will be formally announced by president Mauricio Macri and UK Prime Minister Theresa May when they meet next 30 November in Buenos Aires in the sidelines of the G20 leaders' summit.

• Friday, November 23rd 2018 - 03:57 UTC

  Falklands says a decision on a second flight stopover in Argentina “has yet to be made”

  

  * MLA Elsby anticipates the public will be engaged on the final proposal. A final decision on where in Argentina a second commercial flight from the Falklands to a third country in the region will land “has yet to be made,” assured Member of Legislative Assembly Barry Elsby on Thursday.