Economy

• Wednesday, October 25th 2017 - 10:02 UTC

  Macri reminds cabinet “more votes, means more responsibilities”

  

  “I'm not that happy, more votes means more responsibilities”, Argentine president Mauricio Macri told his ministers when they applauded him on entering the first cabinet meeting following on Sunday's victory of the ruling coalition, Let's Change in the midterm elections.

• Wednesday, October 25th 2017 - 09:35 UTC

  Weak pound makes UK one of the best-value travel destinations, says Lonely Planet

  

  The weak pound has made the UK one of the world's best-value travel destinations, according to publisher Lonely Planet. Sterling has fallen sharply against the dollar and the euro since last year after ongoing Brexit uncertainty.

• Wednesday, October 25th 2017 - 09:15 UTC

  Falkland Islands sets its Economic Priorities for the coming Decade

  

  Over recent months the Falkland Islands Government have undertaken a review and refresh of the Economic Development Strategy for the Islands.

• Tuesday, October 24th 2017 - 22:50 UTC

  Mexican government struck by Odebrecht's bribe money

  

  Mexican President Enrique Peña Nieto faces a tough choice on whether to pursue a graft probe involving a prominent ally and Brazilian construction firm Odebrecht.

• Tuesday, October 24th 2017 - 07:37 UTC

  Brazil's Temer admits the pensions' reform could be delayed until next year

  

  Brazil's President Michel Temer admits for the first time that the crucial pension reform legislation could not be passed by Congress this year. In an interview with Poder360 news website, Temer said the government had to again consult lawmakers in the government coalition, many of whom have already said they are doubtful the legislation will pass this year.

• Tuesday, October 24th 2017 - 06:58 UTC

  Venezuela delaying debt payments: foreign reserves down to US$ 9.9 billion

  

  One week before Venezuela faces a critical debt payment, the distressed country is already late on a series of smaller bills. The nation's state-owned oil giant, Petroleos de Venezuela, SA, has two major bond payments totaling about US$2 billion coming due in the next two weeks.

• Tuesday, October 24th 2017 - 06:34 UTC

  Macri anticipates sweeping tax, education and labor reforms

  

  President Mauricio Macri said on Monday he will seek more sweeping reforms for Argentina after his governing coalition scored a resounding victory in congressional elections. Macri's center-right coalition remains a minority in both houses of Congress.

• Tuesday, October 24th 2017 - 06:23 UTC

  Argentine university researches Falklands/Tierra del Fuego trade relations

  

  Goods and services relations between the Malvinas Islands and adjacent areas with the Argentine province of Tierra del Fuego, is the name of a project launched by the Tierra del Fuego national university Economic and Innovation Department, and which included a field research in the Falkland Islands, according to the Ushuaia media.

• Tuesday, October 24th 2017 - 06:22 UTC

  Buenos Aires cruise season takes off next Saturday; 320.000 visitors expected

  

  Next Saturday the Holland America cruise Zaandam is expected in Buenos Aires signaling the start of the 2017/18 season, which according to Argentine officials is going to be the best following on four years of sustained retraction. So far the number of docking requests include 110 calls with an estimated number of 320.000 visitors, although there are possibilities the final figure, by 24 April 2018, could reach 328.000.

• Monday, October 23rd 2017 - 07:45 UTC

  UK's biggest business lobbies calling for urgent Brexit transition deal

  

  Britain's five biggest business lobby groups are calling for an urgent Brexit transition deal, or they warn the UK risks losing jobs and investment. In a joint letter being sent to Brexit Secretary David Davis, the groups, including the Institute of Directors and CBI, will say time is running out.