Economy

• Tuesday, January 10th 2017 - 17:34 UTC

  Morgan Stanley anticipates a 133%/258% stock market return in Argentina in five years

  

  Investors betting on Argentina's stock market could make a return of 258% in five years, according to analysts at Morgan Stanley. Argentina is returning to economic and political normality after years in the capital markets wilderness following its 2002 debt default and financial collapse, Morgan Stanley said in a note to clients.

• Tuesday, January 10th 2017 - 09:20 UTC

  UK trade-hopeful following talks with top Republican congress leaders

  

  Britain will be in the “front seat” to negotiate a new trade deal with the incoming Trump administration, a top Republican in the US Senate has said. A US-UK trade deal would be a priority, Senate Foreign Relations Committee chairman Bob Corker said after meeting Foreign Secretary Boris Johnson.

• Monday, January 9th 2017 - 11:14 UTC

  Scotland links Brexit negotiations to a second independence referendum

  

  Scotland's First Minister Nicola Sturgeon has warned Prime Minister Theresa May that she is not “bluffing” on the promise of a second independence referendum if Scotland is “driven off a hard Brexit cliff”. In an interview with BBC's Andrew Marr she felt the prime minister had “no plan” in terms of her strategy for the UK leaving the EU.

• Monday, January 9th 2017 - 10:53 UTC

  Mercosur and EU feel “2017 is a window of opportunity”, but can't find the path despite Brexit and Trump

  

  Negotiations for an ample trade and cooperation agreement between the European Union and Mercosur are strategic, essential and must be urgently concluded, said Ramon Jauregui, head of the Euro-chamber for Latin America delegation, following on the recent accords signed by the EU with Ecuador and Cuba.

• Monday, January 9th 2017 - 09:12 UTC

  PM May admits “hard Brexit”: leaving EU does not mean retaining bits of membership

  

  British Prime Minister Theresa May seemingly reiterated her desire for a “hard Brexit” during an interview on Sky News on Sunday. She said that Britain is focusing on immigration control and that leaving the EU doesn't mean retaining bits of membership.

• Saturday, January 7th 2017 - 08:57 UTC

  Falklands Chamber of Commerce demands improved telecommunications

  

  The Falkland Islands Chamber of Commerce ended 2016 by reiterating that the provision of modern telecommunications was absolutely crucial for the development of Falklands “business community, economy and society as a whole.”

• Saturday, January 7th 2017 - 08:42 UTC

  Obama's legacy, a robust jobs market with wage growth accelerating

  

  US businesses added 156,000 jobs in December in the last release of key economic data before Donald Trump is sworn in as US president. The number of jobs created fell from an upwardly revised 204,000 in November and came in below market expectations of 175,000 new roles. The jobless rate edged up last month to 4.7% from 4.6%.

• Saturday, January 7th 2017 - 08:35 UTC

  Chile reports avian influenza at a turkey farm: all birds to be culled

  

  Chile has detected avian influenza H7 at a turkey production plant run by poultry producer Agrosuper in the country's central Valparaiso region. All affected birds (350,000) will be culled. No data regarding N type were given.

• Saturday, January 7th 2017 - 07:35 UTC

  Half the Argentine labor force make a monthly average of US$ 565, says Indec

  

  Half the Argentine labor force employed was making at the end of the third quarter a monthly average of 9.000 Pesos, equivalent approximately to US$ 565, while the poorest 10% averaged 2.500 Pesos (approx US$ 165) and the richest 10%, anywhere from 20.000 to 250.000 Pesos (US$ 1.250 to 15.000) a month, according the revamped Argentine stats and census office, Indec.

• Saturday, January 7th 2017 - 07:14 UTC

  Uruguayan bureaucrats good at cooking inflation numbers

  

  Last December, the CPI actually contracted 0.55%, something similar to what happened twelve months before helped by a significant decrease in the power rate, estimated at 19.65% and which benefitted over a million clients. The logo of the end of the year bonus campaign is “Ute Prize” (UTE is the Uruguayan power company which works under a government monopoly regime).