Economy

Thursday, September 7th 2017 - 07:37 UTC
Expo-Prado agro-industrial show opens in Montevideo

Uruguay's main agricultural, industrial and commercial show, Expo/Prado 2017 opened in Montevideo on Wednesday. The annual event, which this year is international, (it rotates with Argentina's Palermo show) is an opportunity for city people to admire the best cattle, sheep, horses and hogs of the region, and for the farmers a chance to see how much technology has advanced in the last twelve months.
Wednesday, September 6th 2017 - 07:57 UTC
Archbishop of Canterbury says UK economic model is failing with a growing gap between rich and poor

Archbishop of Canterbury, Justin Welby, says Britain's economic model is broken, as the gap between the richest and poorest parts of the UK widens. Britain stands at a watershed and must make “fundamental choices” about the direction of the economy, he said.
Monday, September 4th 2017 - 16:36 UTC
EU Brexit negotiator: “educating” UK about the price it would pay for leaving the “EU club”

The EU's Brexit negotiator has said he sees the process as an opportunity to “teach the British people and others what leaving the EU means”. Michel Barnier said he would never resort to blackmail but saw it as his job to “educate” the UK about the price it would pay for leaving the EU “club”.
Monday, September 4th 2017 - 10:40 UTC
US employment growth decreasing, but still strong; waiting for Harvey's aftermath

The US economy added 156,000 jobs in August, less than the previous month and below expectations. Analysts had expected US non-farm payrolls to rise by between 175,000 and 185,000 last month. Data released by the US Department of Labor also showed that employment growth in June and July was lower than originally estimated.
Sunday, September 3rd 2017 - 01:49 UTC
“No progress” on Brexit UK/EU Brussels talks: both sides hold on to their positions

A row over the Brexit divorce bill has dominated the latest round of talks between the UK and the European Union, with both sides in the Brussels negotiations voicing their frustrations. Brexit Secretary David Davis said there had been a “tough” discussion over the fee Brussels wants the UK to pay to settle its obligations after British officials challenged the legal basis of the demand.
Sunday, September 3rd 2017 - 01:35 UTC
Argentine economy picking up spurred by manufacturing and construction

Argentina's economic activity expanded 4.0% in June compared with the same period the prior year, government statistics agency Indec said on Thursday, the latest sign of economic recovery ahead of legislative elections in October.
Saturday, September 2nd 2017 - 12:08 UTC
St Helena/South Africa commercial weekly flights begin this month

The British Overseas Territory, BOT, St Helena Government and Airlink have announced that the sale of tickets for flights to St Helena Island will commence early in September 2017.Airlink will operate a weekly service between St Helena and Johannesburg and St Helena and Cape Town (via the stopover at Windhoek International Airport in Namibia).
Saturday, September 2nd 2017 - 10:36 UTC
Falklands' Government Investment funds reached £344 million in June 2017

The market value of all Falkland Islands Government, FIG, investment funds have increased from £285 million in June 2015, to £309 million in June 2016 and to £344 million in June 2017.
Friday, September 1st 2017 - 14:28 UTC
August inflation in Euro zone reaches 1.5%; Unemployment unchanged at 9.1%

The inflation rate in the Euro zone rose to a higher-than-expected 1.5% in August, according to Eurostat, the European Union's statistics office. The preliminary estimate for the month was up from July's rate of 1.3%.
Friday, September 1st 2017 - 13:34 UTC
Meat packing giant JBS names independent advisory board for its US branch

JBS USA, a unit of São Paulo, Brazil-based meat packing giant JBS SA, has formed an independent advisory board that will provide counsel to the company’s executive leadership on corporate governance, government and regulatory affairs and other matters.