Economy

Thursday, May 31st 2018 - 07:20 UTC
Total denied environmental license to drill at the Amazon basin

Brazilian environmental agency Ibama this week rejected French oil company Total SA’s application for an environmental license to drill in the ecologically sensitive Foz do Amazonas basin. It is the fourth time that Ibama has rejected the application and requested additional information.
Thursday, May 31st 2018 - 07:11 UTC
Coca Cola supports Macri with US$ 1.2bn, 2019/2021, investment pledge

Coca-Cola announced it would increase its investments in Argentina over the next three years, giving embottled President Mauricio Macri’s government a boost at a difficult time.
Thursday, May 31st 2018 - 07:02 UTC
Brazil's strike: massive losses: 70m chickens slaughtered; exports of soy, sugar and coffee cancelled

Striking truckers in Brazil have disrupted supplies and exports from one of the world's agricultural powerhouses, triggering the premature slaughter of millions of chickens as feed failed to reach farmers. The strike over high fuel prices has paralyzed Brazil, the top global exporter of soybeans, sugar, coffee and chicken.
Wednesday, May 30th 2018 - 09:37 UTC
State of the Nation: “incredibly exciting time for the Falkland Islands and its people”

On Tuesday May 29, Governor Nigel Phillips CBE addressed the elected Legislative Assembly of the Falkland Islands with a message on the State of the Nation.
Wednesday, May 30th 2018 - 09:26 UTC
Global markets and the Euro his hard by the Italian political stalemate

Asian equities and the euro sank Wednesday as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row. Global markets have been sent into a tailspin as a political crisis unfolding in Rome has thrust the stability of the Euro zone and European Union back on to the agenda.
Wednesday, May 30th 2018 - 09:19 UTC
Falklands 2018/19 budget reflects strength of the Islands economy

The following is the Budget 2018/19 presentation made by the Falkland Islands Financial Secretary, James Wilson.
Wednesday, May 30th 2018 - 08:43 UTC
Argentina set to expand fresh beef exports to Japan and China

Argentina is set to expand fresh beef exports to Asia, with Japan and China having already approved import deals, the country's agriculture minister said. Luis Miguel Etchevehere in Tokyo said that Argentina has signed a deal with the Japanese government under which Tokyo will authorize imports of fresh beef from Argentina by late July. His country has also inked a beef export agreement with Beijing.
Tuesday, May 29th 2018 - 09:09 UTC
The Way Out of Argentina’s New Crisis

The late MIT economist Rüdiger Dornbusch used to tell his students in the 1980s that there are four kinds of countries: rich, poor, Japan, and Argentina. No one frets anymore about Japan buying its way to world domination. But the world is worrying again about Argentina.
Tuesday, May 29th 2018 - 09:04 UTC
Nicola Sturgeon in Brussels raised Scottish concerns over Brexit

Nicola Sturgeon has raised Scottish concerns over Brexit in a meeting with chief EU negotiator Michel Barnier. The first minister said they held a “constructive and positive discussion” during her trip to Brussels. She said she told Mr Barnier that the Scottish government believed the UK should remain within the customs union and single market after leaving the EU.
Tuesday, May 29th 2018 - 08:48 UTC
Brazilian cocktail: Wall Street, oil prices, truckers strike and a weak government

A nationwide protest by Brazilian truckers was slow to unwind on Monday, even after the week-long demonstrations against diesel price hikes got the government to cave to their demands, causing stocks and the currency to slide.