Economy

Wednesday, November 7th 2018 - 08:43 UTC
US and China agree to a top level meeting next Friday to ease bitter disputes

The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.
Wednesday, November 7th 2018 - 08:17 UTC
UK ministers want a Brexit deal by end of November and plan campaign to sell the deal to MPs and public

Senior British ministers have agreed they want to reach a Brexit deal with the EU by the end of November, sources say. “Everyone saw the difficulties of leaving it longer,” a senior cabinet source told the BBC. Meanwhile, the BBC has seen a detailed suggested timetable of how the government could try to sell a deal to MPs and the public.
Wednesday, November 7th 2018 - 06:29 UTC
Spanish concern with Brexit's consequences for the fishing fleet in UK and Falklands' waters

Growing concern in Spain about the consequences of Britain's withdrawal from the European Union, with or without a deal, and its impact on the country's strong fishing industry. The issue has been debated in Spain's congress.
Tuesday, November 6th 2018 - 15:46 UTC
Bolsonaro stands by pensions reform bill, says it's a step in the right direction

Brazil's president-elect Jair Bolsonaro was supportive Monday of a pensions reform bill already in the Lower House which is expected to be passed into law before his inauguration January 1.
Tuesday, November 6th 2018 - 14:30 UTC
Alpargatas closes Chaco factory, lays off all workers, sells facilities

The clothing firm Alpargatas shut down its factory in the Argentine province of Chaco, it was reported Monday. The company made it clear it was not a temporary measure by laying off the entire staff and placing the facilities on sale. Further closures and subsequent dismissals nationwide look imminent.
Tuesday, November 6th 2018 - 10:22 UTC
Chilean operators to seek Supreme Court ruling on Latam / American Airlines “cartel” agreement

The Chilean Association of Tourism Companies (ACHET) Monday announced it will take the question of the agreement of Latam Airlines with American Airlines and International Airlines Groups (IAG), which was approved last Wednesday by the Court of Defense of Free Competition (TDLC), to the Supreme Court, the Diario Financiero newspaper reported.
Tuesday, November 6th 2018 - 08:58 UTC
Cuban economy again on the downturn; austerity measures to continue into 2019

Communist-run Cuba’s economic growth will come in at around 1% this year, compared with the 2% previously forecast, due to a fall in exports and tourism revenue, state-run media reported over the weekend. The Caribbean island’s gross domestic product grew 1.8% last year and 0.5% in 2016.
Tuesday, November 6th 2018 - 08:44 UTC
Oil market cautious as US punitive sanctions on Iran become effective

Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs and diminish its influence in the Middle East.
Tuesday, November 6th 2018 - 07:13 UTC
Falklands launches the annual customer satisfaction survey

The Falkland Islands Communications Regulator has announced that the Communications Customer Satisfaction Survey 2018 is now open, and Sure customers have until Sunday 25 November to respond. Sure is the South Atlantic Telecommunications Server.
Monday, November 5th 2018 - 18:06 UTC
Bill Gates foresees taxes on robots to keep people at their jobs

Microsoft founder Bill Gates foresees that a special tax on robots will be introduced in the near future to help people keep their jobs, according to an interview published Monday in the Japanese Nikkei newspaper.