Economy

• Tuesday, August 25th 2015 - 13:32 UTC

  Shanghai Composite down on Tuesday, but European markets rebounding

  

  Shares in London and elsewhere in Europe rebounded at the start of trading on Tuesday, despite another night of steep falls for the Chinese stock market. The FTSE 100 rose 1.6% to 5,994.11, while Germany's Dax and Paris Cac were both up about 1.4%. The gains came after Chinese stocks continued their run of big losses.

• Monday, August 24th 2015 - 10:24 UTC

  Tierra del Fuego inflation in July, 1,5% and 28.2% in the last twelve months

  

  The Consumer Price Index in Argentina's Tierra del Fuego province reached 1.5% in July and 28.2% in the last twelve months, according to the province's Stats and Census office.

• Monday, August 24th 2015 - 09:56 UTC

  Chinese shares fall sharply on Monday; IMF says it's a “necessary adjustment”

  

  Chinese shares continued their sharp fall on Monday as concerns over the country's slowing growth and volatile markets sparked panic among traders. The mainland benchmark index, the Shanghai Composite, fell sharply by 8.4% to 3,211.75 points, extending last week's losses.

• Monday, August 24th 2015 - 09:13 UTC

  Carlitos Tevez shocked with poverty, causes an uproar in Argentina

  

  The Argentine football star Carlos Tevez, who played in England, Italy and is now back in Argentina caused a major uproar when during a television interview he said that in the northern province of Formosa he had come across poor people who were literally 'dead hungry'.

• Saturday, August 22nd 2015 - 08:16 UTC

  World markets plunge on fears of a China-led global slowdown

  

  The S&P 500 suffered its biggest daily percentage drop in nearly four years and the Dow confirmed it had entered into correction territory as fears of a China-led global slowdown rattled investors around the world.

• Saturday, August 22nd 2015 - 02:46 UTC

  Falklands' retail price index down to 0.3% in first half on lower fuel and power costs

  

  The Falklands' Retail Price Index for the quarter ending June 30, 2015 decreased by 0.8%, meaning that the annual Retail Price Index (RPI) as at the end of June was 0.3%, helped by lower prices of fuel and power.

• Friday, August 21st 2015 - 07:49 UTC

  Merkel calls for a free trade accord between the Europe Union and Mercosur

  

  German Chancellor Angela Merkel pressed Brazil's government on Thursday to further open its markets to foreign companies, and said she saw an opportunity to reach a free-trade deal between the European Union and the Mercosur trade bloc. Merkel is on a two-day visit to Brazil with a large delegation of government officials and representatives from German companies.

• Friday, August 21st 2015 - 07:41 UTC

  Rousseff admits a year of recession because of 'massive economic difficulties”

  

  A slump in commodity markets will burden the global economy for some time to come, Brazilian President Dilma Rousseff told Germany's Handelsblatt business daily, adding she hoped the Brazilian economy would pick up in a year.

• Friday, August 21st 2015 - 07:08 UTC

  Falklands anticipate a busy cruise season with the return of Norwegian Line

  

  The return of the Norwegian Cruise Line to South America this season with nine planned calls to the Falkland Islands “is a massive boost to our cruise ship industry,” Sulivan Shipping Tourism Coordinator Samantha Marsh told Penguin News this week.

• Friday, August 21st 2015 - 06:57 UTC

  Brazil's July unemployment up for a seventh straight month

  

  Brazil's unemployment rate rose for a seventh straight month in July to the highest in over five years, government data showed on Thursday. The non-seasonally adjusted jobless rate rose in July to 7.5% from 6.9% in June, statistics agency IBGE said.