Economy

• Saturday, December 23rd 2017 - 09:35 UTC

  Chile calls for closer links between Mercosur and the Pacific Alliance

  

  Chilean Foreign Affairs Minister Heraldo Munoz called for closer ties between Latin America's two leading trade blocs. Mercosur and the Pacific Alliance should work more closely together, Munoz told the 51st Mercosur and associate members summit held this week in Brasilia.

• Friday, December 22nd 2017 - 23:09 UTC

  Venezuela's shortage of cash means big business for some

  

  In view of the hyperinflation in their country, Venezuelans have developed “creative” forms of business.

• Friday, December 22nd 2017 - 10:43 UTC

  Falklands' Concordia Bay ferry resumes operations

  

  The Falkland Islands Government (FIG) confirmed on Thursday that Concordia Bay ferry operations will resume from midday on Friday 22 December.

• Friday, December 22nd 2017 - 09:56 UTC

  Argentina: Approval of reform bills triggers markets

  

  Merval, the main index of the Buenos Aires Stock Exchange, rose 1.51% Thursday, closing at 28,494.01 points - close to exceeding the maximum of the year, by 28,500 points. The Argentine stocks were driven by the approval of the pension and tax reforms passed this week in the House of Representatives.

• Thursday, December 21st 2017 - 11:26 UTC

  Egypt attends Mercosur summit in Brasilia

  

  Egypt is attending the ministerial meeting of the Mercosur bloc in Brasilia to deliver a message about the importance of joining the group, Minister of Industry and Foreign Trade Tarek Kabil said in a statement.

• Thursday, December 21st 2017 - 11:12 UTC

  EU stands firmly on its beef offer to Mercosur: 70.000 tons

  

  The European Union's offer on beef in Mercosur trade negotiations has not been revised according to the EU Agriculture Commissioner Phil Hogan, who said a deal may happen in February. Speaking to journalists in Brussels on Wednesday, EU Agriculture Commissioner Phil Hogan said that the EU's offer on beef access for Mercosur countries has not been revised since December 5.

• Wednesday, December 20th 2017 - 10:22 UTC

  CMA-CGM take over Mercosul Line from Maersk Line

  

  The transfer of ownership of Mercosul Line from Maersk Line to CMA CGM. (Maritime Freighting Company-General Maritime Company), was completed on Friday. Mercosul is a leading player in Brazil's domestic container shipping market, with a fleet of four container vessels and around 290 people employed.

• Wednesday, December 20th 2017 - 08:48 UTC

  Protecting UK (and Falklands) fisheries in a post Brexit scenario

  

  In the midst of the Brexit debate in the UK, and its expected consequences, Environment Secretary Michael Gove has anticipated EU fishing quotas referred to UK will be scrapped and if things go as planned by the cabinet member, French, Spanish, Danish and other nations fishing fleets will be chased form illegally fishing in UK waters.

• Wednesday, December 20th 2017 - 08:37 UTC

  Despite the violence and protests, Argentina's pension reform bill is passed

  

  Argentina’s president defended a pension reform bill approved by Congress in the early hours of Tuesday that has prompted violent protests and a general strike, saying it seeks only to benefit retirees. The measure passed in the lower house by a 127-117 vote after more than 12 hours of debate, much of which came as demonstrators clashed with police outside the chamber.

• Tuesday, December 19th 2017 - 12:50 UTC

  Second chapter of Buenos Aires battle over pension overhaul; 24 hour general strike

  

  Police and protesters clashed on Monday outside Argentina’s Congress as lawmakers debated a proposed pension overhaul that has angered retirees and prompted union leaders to wage a general strike.