Economy

• Tuesday, September 19th 2017 - 10:04 UTC

  Tory disunity over Brexit “could hand power to Jeremy Cobyn's Labour Party”

  

  Lord Hague has become the latest senior Conservative to intervene within the party about how the UK should manage its withdrawal from the European Union. Writing in the Daly Telegraph, the former foreign secretary warned that disunity over Brexit could hand power to Jeremy Corbyn's Labour Party.

• Tuesday, September 19th 2017 - 09:48 UTC

  Venezuela “free of the dollar tyranny” publishes oil and fuel prices in Chinese Yuan

  

  Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas Maduro.

• Tuesday, September 19th 2017 - 09:39 UTC

  Scotland and London discussing terms of devolution under Brexit

  

  The Scottish government is to outline plans to amend the legislation taking the UK out of the European Union. The Scottish and Welsh governments call the EU withdrawal bill currently under consideration at Westminster a “power grab” of devolved responsibilities, and have worked together to draw up amendments as a direct challenge to the UK government's legislation.

• Tuesday, September 19th 2017 - 09:26 UTC

  Argentina rapidly recovering as a world power in beef exports

  

  Argentina, which a century ago became a world power on the back of its beef exports, is poised to re-enter the top 10 shippers, helped by the end of trade curbs, and a herd rebuilding from near-50-year lows.

• 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.