Economy

• Tuesday, September 19th 2017 - 09:04 UTC

  Hurricane Maria flattens Dominica: “we need help, we need help of all kinds”

  

  The British Overseas Territory of Dominica has suffered “widespread damage” from Hurricane Maria, Prime Minister Roosevelt Skerrit announced. “We have lost all that money can buy,” he said in a Facebook post. The hurricane suddenly strengthened to a “potentially catastrophic” category five storm, before making landfall on the Caribbean island.

• Monday, September 18th 2017 - 08:03 UTC

  Falklands' flock reaches 490.113; West Falkland produces more wool per sheep than in the East

  

  By Sharon Jaffray - The Falkland Islands flock reached 490.113 sheep of which 281.671 in East Falkland and 177.506 in the West plus 30.936 in the outer islands, according to the latest Farming Statistics 2016/2017, in accordance with the Agricultural Returns Ordinance. Likewise the number of cattle was 3.433.

• Monday, September 18th 2017 - 07:43 UTC

  EU and UK business leaders voice concern about slow pace of Brexit talks

  

  Business leaders have voiced concern about the slow pace of Brexit negotiations, warning it could affect a constructive exit from the EU. BusinessEurope, an umbrella group representing business federations across Europe, said companies needed certainty and time to prepare for future arrangements.

• Sunday, September 17th 2017 - 11:44 UTC

  Britain's unemployment falls to a 42 year low, but wages remain far below inflation

  

  Britain’s unemployment rate has fallen to a new year 42-year low, official data showed on Wednesday, but wages growth remains far below overall inflation. The unemployment rate fell to 4.3% in the quarter through to the end of July, reaching the lowest level since 1975, the Office for National Statistics (ONS) said in a statement. It had stood at 4.4% in the three months to June.

• Sunday, September 17th 2017 - 08:38 UTC

  UNWTO newly-formed Disaster Recovery Working Group for the Affected States in the Caribbean.

  

  The program was formed to meet the needs of member states that have been recently impacted by powerful natural disasters such as hurricanes, tropical storms and earthquakes .Speaking at a special meeting of the newly convened recovery program, Secretary General of the UNWTO, Taleb Rifai said, “We cannot just stand still – it is not right.

• Friday, September 15th 2017 - 07:38 UTC

  Venezuela plans to abandon the dollar; greenback currently sells for 22.400 Bolivar

  

  Venezuela temporarily suspended the sale of U.S. dollars through its Dicom auction system, following an announcement last week that it was moving away from the greenback in response to U.S. sanctions. The United States in August prohibited dealings in new debt from Venezuela and state oil company PDVSA in response to the creation of a new legislative super-body that critics call the consolidation of a dictatorship.

• Thursday, September 14th 2017 - 18:53 UTC

  Irish beef farmers warn that an EU/Mercosur deal is a “completely unacceptable”

  

  Pushing the European Union Mercosur deal is a “completely unacceptable”, according to Meat Industry Ireland’s (MII) director Cormac Healy. In a statement, Healy said that any progression and completion of the Mercosur trade deal will have negative effects on the EU beef market.

• Thursday, September 14th 2017 - 18:24 UTC

  Falklands government donates £200k to Caribbean Islands affected by Hurricane Irma

  

  The Falkland Islands Government has made £200k available to assist sister UK Overseas Territories and former Territories in the Caribbean so terribly impacted by Hurricane Irma.

• Thursday, September 14th 2017 - 17:36 UTC

  Two thirds of UK young people fearful of post-Brexit prospects

  

  More than two-thirds of young people in the UK have an “international outlook” and many fear for their prospects once the UK leaves the EU, says a report. Ipsos Mori questioned a representative group of almost 2,000 18 to 30-year-olds for a study by cross-party think tank Demos, for the British Council.

• Thursday, September 14th 2017 - 12:04 UTC

  Twelve-month Consumer prices in Argentina reach 22% in August

  

  Consumer prices rose 1.4% in Argentina in August, government statistics agency Indec announced, bringing eight-month inflation to 15.4%. The central bank is targeting national inflation between 12 and 17% for 2017, well below economists' expectations of 22%.