Economy

Tuesday, September 11th 2018 - 08:51 UTC
US economy “booming”, but only 38% approve of Trump, according to opinion polls

United States voters love the performance of the economy, but it has failed to translate into higher approval for President Donald Trump, according to one new poll. The disconnect is perhaps the biggest challenge facing Republicans as they battle to keep control of Congress in November's midterm elections.
Tuesday, September 11th 2018 - 08:43 UTC
EU Barnier's “realistic” comments on Brexit help prop sterling

Sterling surged against the dollar and Euro on Monday after the European Union's chief negotiator said a Brexit deal was “realistic in six to eight weeks”. For the second time in less than a week, Michel Barnier has signaled his desire to move ahead on the Brexit negotiations, less than seven months before the United Kingdom is slated to leave the European Union on March 29, 2019.
Tuesday, September 11th 2018 - 08:33 UTC
UK economy outperforms boosted by services and construction sectors

The United Kingdom economy bounced back in July as the services sector rebounded and construction output reached a record high. The Office for National Statistics (ONS) said the economy expanded 0.3% in July, while gross domestic product (GDP) rose 0.6% on a three-month basis.
Tuesday, September 11th 2018 - 08:13 UTC
Argentina raises 17% price of biodiesel used in domestic fuel mixes

Argentina raised the price of biodiesel used in domestic fuel mixes in response to a sharp devaluation in the Peso currency and new taxes on primary exports, the government said in its official gazette on Monday.
Monday, September 10th 2018 - 08:44 UTC
Chile and Japan working on an early system to anticipate outbreaks of red tide

The Chilean University of La Frontera with support and financing from Japan's International Cooperation Agency (JICA), will attempt to develop an unprecedented early warning system that makes it possible to monitor, predict and detect the outbreaks of red tide in southern Chile. JICA is contributing with almost US$ 4.5 million.
Saturday, September 8th 2018 - 09:11 UTC
Argentine Peso and markets end the week positively; “sufficient financing in 2019” says central bank

Argentina’s central bank governor, Luis Caputo, said on Friday that government financing for 2019 was more than sufficient and that high yields on the country’s sovereign debt were “exaggerated,” prompting the peso currency to reverse earlier
Saturday, September 8th 2018 - 08:38 UTC
Brazil's August inflation drops 0.09%, the lowest rate in twenty years

Brazil's inflation eased more-than-expected in August as prices fell from the previous month, preliminary data from the statistical office IBGE showed Thursday. The consumer price index, IPCA, rose 4.19% year-on-year following a 4.48% in July. Economists had forecast a 4.29% inflation rate.
Friday, September 7th 2018 - 09:18 UTC
IMF wants to wrap up talks to financially support Argentina “as rapidly as possible”

The International Monetary Fund said on Thursday it aimed to wrap up talks to “strengthen” a US$ 50 billion backup financing deal with Argentina “as rapidly as possible,” as the country's peso and stocks climbed for a second straight day.
Friday, September 7th 2018 - 08:50 UTC
Falklands' beds for tourists has grown by 31% and is now 500

The number of rooms and beds available in the Falkland Islands has increased significantly over the last two seasons, both in Stanley and Camp, Stephanie Middleton, Executive Director of the Falkland Islands Tourist Board told the Penguin News.
Thursday, September 6th 2018 - 09:04 UTC
In Brazil, the Real and Bovespa stock index recovered slightly on Wednesday

In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.