Economy

• Friday, February 24th 2017 - 15:51 UTC

  Falklands and Brexit, subjects raised by visiting MPs to the Islands

  

  The impact of Brexit on the Falkland Islands and the economy in general were subjects raised with visiting Members of Parliament this week. The delegation of four made a flying visit to the Falkland Islands last weekend accompanied by FI Representative in London Sukey Cameron.

• Thursday, February 23rd 2017 - 10:20 UTC

  Argentina's Macri in state visit to Spain to attract investors

  

  Argentine president Mauricio Macri started an official state visit to Spain on Wednesday and was received with a display of full military honors of the Royal Household at the Royal Palace. Following a meeting with King Felipe, the president left for Congress where he addressed the full house.

• Wednesday, February 22nd 2017 - 14:11 UTC

  In highly unusual move, PM May attends House of Lords Brexit debate

  

  Theresa May has taken the highly unusual step of sitting in the House of Lords to hear peers being told by the UK Government not to “frustrate” Brexit. The Prime Minister sat on the steps in front of the Royal Throne as Lords leader Baroness Evans of Bowes Park told peers to respect the decision of the British people in last year’s referendum and the “primacy” of the elected House of Commons.

• Tuesday, February 21st 2017 - 10:52 UTC

  Argentina in April will lower 35% tariff on computers and laptops imports

  

  Argentina will get rid of a 35% tariff on imports of computers, laptops and tablets, the Production Ministry said on Monday, part of a larger effort to lower consumer prices and roll back protectionist policies.

• Monday, February 20th 2017 - 10:42 UTC

  Tony Blair proposes a cross-party movement to rethink Brexit: “ideologues are driving the bus”

  

  Tony Blair has called on pro-Europeans to form a new cross-party movement to persuade the public they were wrong to vote to leave the EU. In an impassioned speech, the former prime minister said “progressives” should make it their “mission” to reverse the outcome of the referendum last June.

• Friday, February 17th 2017 - 10:46 UTC

  Korea's Hanjin Shipping, world's seventh largest, goes down

  

  Hanjin Shipping used to be one of the world's top 10 shipping companies, but now it faces the final curtain. This Friday is the deadline for the firm to be declared bankrupt by a South Korean court after months of uncertainty. Hanjin's collapse is the largest to hit the shipping sector and it sent shockwaves through the industry.

• Friday, February 17th 2017 - 10:25 UTC

  Mexico looking at Argentina and Brazil as an alternative for US corn

  

  Mexican politicians are saber rattling against the US agriculture sector, and it looks like Argentina is ready to fill the gap. In effect Mexico's agriculture minister said on Thursday he will lead a business delegation to Argentina and Brazil to explore buying yellow corn, part of a drive to lessen Mexico's U.S. dependence given uncertainty over President Donald Trump's trade policies.

• Thursday, February 16th 2017 - 16:30 UTC

  Brazil forecasts record soy and corn harvests, on good climate conditions

  

  Conab, the Brazilian crop supply agency lifted its forecast for the second-season corn crop by some 2.5m tons, citing good weather. Conab forecast the Brazilian safrinha crop, which is sown after soybeans are harvested, up 44% year-on-year, to 58.59m tons. This compares to the 56.10m tons Cobab forecast in January.

• Thursday, February 16th 2017 - 12:40 UTC

  US producer prices in January record highest gain in four years

  

  U.S. producer prices recorded their largest gain in more than four years in January amid increases in the cost of energy products, but a strong dollar continued to keep underlying inflation at the factory gate tame.

• Thursday, February 16th 2017 - 10:59 UTC

  Brexit Minister admits some parliamentary “ping pong”, but March timetable stands

  

  British ministers are braced for a parliamentary battle and are prepared for the Article 50 legislation to be rewritten by the House of Lords, David Davis has indicated. The Brexit Secretary said he expected some parliamentary “ping pong”, with the Bill being sent back and forth between the Commons and the Lords, suggesting he expected peers to defeat the Government and make changes to the tightly-worded legislation.