Economy

Thursday, August 30th 2018 - 08:23 UTC
Canada and US expected to reach a new NAFTA deal by Friday deadline

The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained.
Thursday, August 30th 2018 - 07:24 UTC
Falklands approves application to register a new build trawler

The Falkland Islands Executive Council on Wednesday granted the application by Jupiter Fishing Company to register a new build fishing trawler. The agreed name of the new vessel is Argos Cies, which reflects the 50:50 partnership in Jupiter between Argos Group Ltd of Stanley, Falkland Islands and Armadora Pereira SA of Vigo, Spain.
Wednesday, August 29th 2018 - 08:48 UTC
US dollar hits a new record in Argentina despite auctioning US$ 200 million

Argentina’s central bank auctioned a total of US$ 200 million of its reserves in two separate currency auctions on Tuesday after the peso hit new lows, the monetary authority said in a statement.
Wednesday, August 29th 2018 - 08:45 UTC
Argentina's beef exports expected to double this year boosted by China's purchases

Argentina's beef exports could double in 2018 for a total of US$ 1.8 billion thanks to increased Chinese demand and a sharp devaluation of the peso currency, according to analysts and industry experts.
Wednesday, August 29th 2018 - 08:33 UTC
Brazilian currency down on presidential election forecast jitters

The Brazilian Real led losses in Latin America as lingering concerns over presidential elections overshadowed a largely positive environment for emerging market assets. The US dollar ended trading at 4.333 Reales.
Wednesday, August 29th 2018 - 08:23 UTC
UK heat wave consequences: shop prices increase breaking a 63 month cycle

UK shop prices have risen for the first time in five years, according to the latest data from the British Retail Consortium (BRC). It said shop prices increased by 0.1% in August, breaking a cycle of 63 months when prices fell. This happens after food inflation jumped to a seven-month high of 1.9% after the recent heat wave, which hit crop yields.
Wednesday, August 29th 2018 - 07:37 UTC
Falklands appoints Ramboll UK Ltd as professional services framework contractor

In June 2018, the Falkland Islands Government issued an invitation to tender for a single supplier professional services framework contract. The framework will assist delivery of the Government’s capital investment programme, which includes developing the sixth phase of Sapper Hill, new port facilities, upgrades to the MPA terminal and improvements to Stanley Airport.
Tuesday, August 28th 2018 - 09:02 UTC
Argentine economy expected to contract 1% this year and rebound 1.5% in 2019

Argentina’s economy is expected to contract 1% in 2018, but grow by at least 1.5% next year, Minister Nicolas Dujovne told reporters on Monday. Dujovne said the government was maintaining its fiscal deficit target of 2.7% of GDP for full-year 2018. The government also expects a current account deficit of 3% of GDP in 2019, he said.
Tuesday, August 28th 2018 - 07:14 UTC
US has offered to collaborate with the Argentine investigation of “K corruption notebooks”

According to Buenos Aires daily Clarin, United States authorities have offered to collaborate with Argentine President Mauricio Macri’s government in the ongoing “K notebook scandal” by providing confidential information on a number of US bank accounts used to hold alleged Kirchner bribe money.
Monday, August 27th 2018 - 08:36 UTC
A no-deal Brexit poses an “existential threat” for the UK, says ex head of the European Council

A no-deal Brexit could lead to the break-up of the UK, the ex-president of the European Council has warned. Herman Van Rompuy told The Observer leaving the EU without a deal posed an “existential threat” to the UK. He added a no-deal scenario would have a “big impact” on “regions such as Scotland”.