Economy

• Tuesday, September 13th 2016 - 11:16 UTC

  Fed expected to keep cautious approach to interest rates next week

  

  North American stock markets rallied today after a U.S. Federal Reserve official hinted that the central bank remains cautious about interest rate hikes. Fed governor Lael Brainard said the risk with raising rates too soon is that it could damage the fragile economy.

• Tuesday, September 13th 2016 - 10:58 UTC

  UK a most unequal country; 10% of population own over half of the wealth

  

  The richest 1% of the UK population owns more than 20 times the wealth of the poorest fifth, according to Oxfam. That made Britain one of the most unequal countries in the developed world and contributed to the vote for Brexit, the charity said.

• Tuesday, September 13th 2016 - 10:17 UTC

  More than 230 cruise ships will pass through the Panama Canal this 2016/17 season

  

  Cruise ship Coral Princess is slated to transit the Panama Canal on a voyage from Los Angeles, Calif., to the U.S. East Coast on October 4, 2016, officially kicking off the canal’s 2016-2017 cruise season, which according to the Panama Canal Authority will see more than 230 cruise ships pass through the Panama Canal.

• Tuesday, September 13th 2016 - 09:55 UTC

  “If beef is not included”, there won't be no Mercosur-EU trade agreement, warns Uruguay

  

  “If beef is not included, there won't be any agreement”, said Uruguay's foreign minister Rodolfo Nin Novoa in anticipation of next week's meeting of European Union and Mercosur coordinators to adjust the list of goods and services the two blocks will formally exchange in mid October, the first formal meeting of its kind in fourteen years.

• Monday, September 12th 2016 - 10:19 UTC

  Guyana working to establish an onshore oil and gas facility to boost the incipient industry

  

  The Guyana government intends to establish an onshore oil and gas facility in the country as it seeks to fully optimize opportunities in petroleum exploration and production. The Ministry of Natural Resources, working in conjunction with the Ministries of Public Infrastructure and Business, says it believes that this facility is critical and said it is part of the raft of measures intended to ensure that Guyana keeps on the right trajectory in the development of the oil and gas industry.

• Monday, September 12th 2016 - 07:35 UTC

  “President Macri is a normal person, has a normal head and common sense”

  

  “The president we have now is normal, he has common sense and he wants to make the country normal and sooner than later, we'll be there; he has a normal world in his head”, said Carlos Melconian, head of Argentina's Bank of the Nation in reference to president Mauricio Macri, during a conference in Montevideo where he was invited to talk about “Argentina, the new rules of the game and their impact for Uruguay”,

• Monday, September 12th 2016 - 06:33 UTC

  Trade, investments and Falklands in Sir Alan Duncan's agenda in Buenos Aires

  

  UK Foreign Office minister of state for the Americas and the Falkland Islands, Sir Alan Duncan begins this Monday a full agenda of activities in Buenos Aires with the purpose of promoting business, investments and normalizing bilateral relations, after more than a decade of distant when not frozen links under the Kirchner couple administrations. The Falkland Islands issue is also expected to be addressed but with “a constructive spirit”.

• Sunday, September 11th 2016 - 16:40 UTC

  Brazil's ex attorney general claims he was fired for trying to deepen Petrobras corruption case

  

  Brazil's new government is trying to stifle a corruption investigation targeting politicians and major parties, the former attorney general said in a magazine interview a day after being replaced by President Michel Temer. The former official, Fabio Medina Osorio, told weekly magazine Veja that he was fired because he tried to deepen the so-called “Car Wash” corruption probe into the country's oil company Petrobras.

• Saturday, September 10th 2016 - 15:09 UTC

  Falkland Islands census on Sunday 9 October; population was 2.840 in 2012

  

  The Falkland Islands will be holding its national census on Sunday 9 October. The previous census in 2012, revealed that the Falklands population was 2.840, of which 75% lived in Stanley and 57% identified themselves as Falkland Islanders. Census happen every 5 years and participation in the Census is required by law.

• Saturday, September 10th 2016 - 11:47 UTC

  Falklands' response to Malcorra's statements of air links to Argentina and the oil industry

  

  The Falkland Islands Government has acknowledged it is aware of media coverage of Argentine foreign minister Susana Malcorra referred to proposals of possible air links between the Islands and Argentina as well as talks on other areas of interest such as the fishing and hydrocarbons industries.