Economy

• 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.

• Thursday, September 6th 2018 - 08:50 UTC

  World stock markets lower on fears of trade tensions and emerging markets currencies

  

  World stock markets pushed lower on Wednesday amid simmering trade tensions and the spreading financial firestorm across emerging market currencies. MSCI’s emerging markets equity index dropped for the sixth straight day, losing more than 1% in Asia and nearly fully reversing the late August bound in the benchmark.

• Thursday, September 6th 2018 - 08:40 UTC

  IMF receptive to Argentina's request, but now Macri must implement the hard austerity program

  

  Argentina’s economy minister sounded upbeat on Wednesday about clinching a new deal with the International Monetary Fund after two days of talks in Washington, and said had sought U.S. support for securing approval from the IMF’s board.

• Thursday, September 6th 2018 - 08:22 UTC

  U.S. trade deficit at a five month high in July; China maintains a comfortable surplus

  

  The U.S. trade deficit rose to a five-month high in July, with the politically sensitive gap with China hitting a record high, which economists said could embolden the Trump administration to aggressively pursue its “America First” agenda.

• Thursday, September 6th 2018 - 08:12 UTC

  Trump says the US is not yet ready to reach a trade agreement with China

  

  U.S. President Donald Trump said on Wednesday that the United States was not yet ready to come to an agreement over trade disputes with China but he said talks would continue.