Economy

Saturday, November 25th 2017 - 08:10 UTC
EU insists: post Brexit deal conditioned to UK offer of further concessions

UK Prime Minister Theresa May has been given 10 days to offer further concessions on issues including the Brexit divorce bill and the complex matter of the Northern Irish border if she wants European Union leaders to agree to trade talks.
Friday, November 24th 2017 - 17:55 UTC
Buenos Aires City generates half of Argentina's travel and tourism GDP

Buenos Aires generates over a half of Argentina´s Travel & Tourism GDP, revealed a new report by the World Travel & Tourism Council (WTTC), Latin America City Travel & Tourism Impact. Latin America City Travel & Tourism Impact is one of a series of reports by WTTC which looks at the contribution of Travel & Tourism to city economies and job creation. The study covers 65 cities, six of which are in Latin America.
Friday, November 24th 2017 - 17:51 UTC
Russia bans Brazilian pork shipments alleging presence of additive ractopamine

The Brazilian government will investigate claims by Russian authorities regarding the alleged presence of feed additive ractopamine in pork shipments, the agriculture ministry said in a statement earlier this week.
Friday, November 24th 2017 - 09:43 UTC
Argentine minister admits inflation will end 2017 at 21%

Argentina's inflation rate will likely end the year above 21%, Treasury Minister Nicolas Dujovne told reporters on Thursday. The government previously estimated that consumer prices in Latin America's third-biggest economy would rise 17% in 2017.
Friday, November 24th 2017 - 09:36 UTC
Temer presents a “softer” pension reform bill hoping for its quick approval

A new version of Brazil’s unpopular pension reform bill presented on Wednesday would require fewer years of contributions by private sector workers to receive a pension, according a draft of the legislation that the government hopes will win approval in Congress.
Friday, November 24th 2017 - 09:21 UTC
“Brexit is madness” says Gibraltar CM: instead of looking to the future it looks to the past

Gibraltar’s presence in an increasingly interconnected world means it will not be isolated as a result of Brexit, Chief Minister Fabian Picardo said on Spanish television, even as he described the UK’s withdrawal from the European Union as “madness”.
Friday, November 24th 2017 - 08:02 UTC
Falklands receives port of Vigo experts to address port potential and development

A delegation of two technicians from the Spanish Port of Vigo are visiting the Falkland Islands with the aim of offering their informed opinions on potential port development. The Falklands has a close business relationships with the port as a result of long term joint business ventures with Spanish fishing companies, and the new Falklands longliner CFL Hunter was built there.
Thursday, November 23rd 2017 - 08:58 UTC
Hammond's budget anticipates worsening economic forecast caused by Brexit

Britain's Chancellor of the Exchequer has outlined cautious spending plans to a nation bracing for the shock of leaving the European Union, amid a stream of worsening of economic forecasts that hampered room for giveaways.
Thursday, November 23rd 2017 - 08:10 UTC
EU still not satisfied with £40bn Brexit “divorce bill”, suggested by PM May government

Despite UK prime minister Theresa May reportedly doubling her Brexit ‘divorce bill’ offer, European Union (EU) diplomats have already indicated they are still not satisfied and could demand more cash for talks to progress.
Thursday, November 23rd 2017 - 07:29 UTC
ASC and MSC release joint seaweed standard; US$ 5.6bn global business

The Marine Stewardship Council (MSC) and the Aquaculture Stewardship Council (ASC) announced the launch of the ASC-MSC Seaweed Standard. The joint standard marks a first for the two certification programmes, bringing together expertise in sustainable fishing and responsible aquaculture.