Economy

Sunday, November 6th 2016 - 14:13 UTC
Argentina tops list of attractive countries for UK investments

So said British Deputy Foreign Minister Alan Duncan on Friday during the Business Networking Day, a gathering organized by the Argentine-British Chamber of Commerce at the Embassy in London.
Saturday, November 5th 2016 - 17:19 UTC
EU and Canada sign free trade accord, but has to clear 40 European parliaments

The European Union and Canada signed a free trade agreement that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force. Canadian Prime Minister Justin Trudeau signed the treaty along with the heads of EU institutions, a step that should enable a provisional implementation of the pact early in 2017 with the removal of most import duties.
Saturday, November 5th 2016 - 10:00 UTC
Argentina's 2017 inflation expected to reach 19.7%, reveals Central bank poll

Argentina's consumer prices will rise by 19.7% in 2017, according to a central bank poll of 56 economists published this week, a slight drop from median expectations in last month's survey but still higher than the central bank's target.
Saturday, November 5th 2016 - 09:49 UTC
Bank of England raises inflation and growth forecasts, but Brexit uncertainty remains

The Bank of England has raised its near-term growth and inflation forecasts on Thursday following the slide in sterling seen since the U.K.'s decision to leave the European Union. The bank decided Thursday to keep interest rates at the record low level of 0.25% and maintan its quantitative easing (QE) purchase targets at up to £10 billion for corporate bonds and £435 billion for U.K. government bonds.
Friday, November 4th 2016 - 22:59 UTC
Bolivia seeks access to Pacific Ocean via Peruvian por of Ilo

Integration between both countries appears to be on a smooth path after second binational cabinet meeting in Sucre, chaired by Presidents Evo Morales and Pedro Pablo Kuczynski. Railway road to Brazilian port of Santos also on the table
Friday, November 4th 2016 - 19:44 UTC
Brazilian soy and corn yields on the rise, according to Conab data

Brazilian farmers’ soy and corn yields have been on the rise, according to data from Conab, an agency from the Ministry of Agriculture. Conab just issued a report putting numbers to the yield growth numbers, and it’s clear that not only are acres on the rise for both soybeans and corn, but productivity is up, too.
Friday, November 4th 2016 - 10:40 UTC
Falklands fishing license fees frozen for 2017; possible tax policy review

The Falkland Islands has decided to hold fee levels across all fishing licenses for 2017 as part of a long term policy focus and in view of certain circumstances emerging from the volatility of annual catches. The Executive Council (ExCo) agreed on the decision by a majority at its last meeting extensive to all license types, including Illex, the Islands main catch.
Friday, November 4th 2016 - 10:28 UTC
UK pledges additional funds for the Colombian peace process and demining

The UK will increase its contribution to prosperity programs in Colombia by up to £25 million, supporting economic development and opening up investment and export opportunities worth in the region of £6 billion to the UK economy.
Friday, November 4th 2016 - 07:23 UTC
Bank loans in Argentina expected to double over the next three years

Banco Santander Rio CEO Enrique Cristofani also believes the economy will grow next year by 4% in a context that offers great opportunities to the country.
Friday, November 4th 2016 - 02:58 UTC
New low-cost airline lands in Peru

CEO says air travel is too expensive in Argentina, Venezuela, Costa Rica and all around Central America. Air France-KLM unveil plans for new long-haul company to bring down costs without becoming a low cost brand.