Economy

• 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%.

• Thursday, September 14th 2017 - 08:31 UTC

  Juncker: “Britain will regret voting for Brexit”; Farage: “Thank God we are leaving”

  

  Britain will soon regret voting for Brexit, but the European Union will move on, the European Commission president has insisted. In a speech setting out the future direction of the bloc, Jean-Claude Juncker said the UK’s exit would be a “sad and tragic” moment, but it was “not the be all and end all”.

• Thursday, September 14th 2017 - 07:20 UTC

  Falklands Offshore Minerals Environmental Legislation Consultation

  

  The Falkland Islands Department of Mineral Resources is carrying out a public consultation on a range of proposed legislative measures applying to the offshore oil and gas industry.

• Thursday, September 14th 2017 - 06:57 UTC

  Brazilian billionaire brothers detained for suspected inside trading

  

  Brazil’s federal police detained the CEO of JBS SA, the world’s No 1 meatpacker, saying he used insider information to avoid hefty losses related to a plea bargain signed earlier this year. Wesley Batista, who has been at the helm of JBS since 2011, was detained under an arrest warrant against him and his younger brother Joesley Batista for suspected insider trading.

• Wednesday, September 13th 2017 - 10:27 UTC

  Brazil's 2016/17 crop reached 238.7 million tons: 114 million tons of soybean

  

  Brazil's 2016/2017 crop is expected to reach 238.7 million tons which is 28% higher than the previous year, because of better climate conditions and improved productivity, according to Conab, the country's agriculture stats and food supply company. This includes 114 million tons of soybeans and 97.71 million tons of corn.