Economy

Tuesday, September 20th 2016 - 13:01 UTC
Argentine makes compulsory Load Control Certificates for squid and shrimp

Argentina announced it has expanded the implementation of compulsory origin and legality certification for squid (Illex argentinus) and shrimp (Pleoticus muelleri) catches.
Tuesday, September 20th 2016 - 11:14 UTC
Temer's message to UN: peace, human rights and economic reforms

Twenty days after being confirmed as Brazil’s new president, Michel Temer will deliver his first international speech at the UN´s General Assembly on Tuesday. He is not expected to mention recent political changes in Brazil, and focus rather on new opportunities for foreign investors.
Tuesday, September 20th 2016 - 11:03 UTC
IMF rebuilding relations with Argentina

An IMF mission started on Monday a round of meetings with the purpose of rebuilding relations with Argentina, frozen for over a decade. The mission headed by economist Roberto Cardarelli began early Monday visiting the Argentine Industrial Union, UIA, the country's manufacturers main lobby.
Monday, September 19th 2016 - 11:50 UTC
Uruguay, Chile and Costa Rica with 60% household internet penetration

The State of Broadband 2016 report, released by the Economic Commission for Latin America and the Caribbean shows that 43.4% of all households in the region were connected to the Internet in 2015, nearly doubling the figure from 2010.
Monday, September 19th 2016 - 07:11 UTC
Punta Arenas port increased docking space should be ready early 2017

Works on the extension of the Prat dock in the port of Punta Arenas picked up this last week and should be ready for the beginning of next year, including two dolphins and six jackets, which should enable all cruise passengers to land directly.
Sunday, September 18th 2016 - 06:52 UTC
Argentina/UK statement on Falklands and dialogue ”promising”, but Congress decides

The recent Argentina/UK joint cooperation statement, with a chapter on the Falklands/Malvinas Islands, is “promising”, however much rests to be defined and agreed, and additional air links should be carried out by Argentina's flag carrier, according to Rosana Bertone, governor of the extreme south province of Tierra del Fuego, Antarctica and South Atlantic Islands.
Saturday, September 17th 2016 - 23:17 UTC
US Justice Department demands US$14bn from Deutsche Bank for 2008 mortgages scam

The US Department of Justice is asking Deutsche Bank to pay US$14bn to settle an investigation into mortgage-backed securities, the bank has said. However Deutsche Bank said it “has no intention to settle these potential civil claims anywhere near the figure cited.”
Friday, September 16th 2016 - 08:25 UTC
Argentina (and Brazil) optimistic about a Mercosur/EU trade accord by the end of 2017

The current critical situation of Mercosur is an opportunity to strengthen and advance trade negotiations, which could include the long delayed accord with the European Union by the end of 2017, according to Argentina's Secretary of Commerce, Miguel Braun.
Friday, September 16th 2016 - 07:06 UTC
Bank of England rates remain at record low, but could be further cut

The Bank of England said on Thursday it was still likely to cut interest rates to just above zero later this year, even though the initial Brexit hit to Britain's economy would be less severe than it expected only last month. The Bank said its nine rate-setters were unanimous in their decision to keep Bank Rate at its new record low of 0.25%, the lowest in the BoE's 322-year history.
Thursday, September 15th 2016 - 20:54 UTC
Falklands' Development Corporation partners with horticultural specialists to expand commercial opportunities

The Falkland Islands Development Corporation (FIDC) announced that three UK horticultural specialists will visit the Falklands next month in order to appraise the potential for future horticultural developments. The three consultants will be the Islands for a week and will hope to identify profitable, commercial opportunities for Falkland businesses.