Tag: economy

• Thursday, August 11th 2011 - 23:00 UTC

  Argentina’s financial “spin”

  

  On Sunday, Cristina Fernández de Kirchner will be seeking approval to lead the FPV in October’s general elections. With the country currently braving the world’s economic storm, she is keen to keep up appearances.

• Wednesday, August 10th 2011 - 07:45 UTC

  ECLAC anticipates mild global recession with slower growth impact in Latam

  

  The United Nations Economic Committee for Latin America and the Caribbean, ECLAC warned on Tuesday that markets’ volatility will “persist” particularly because of the default-threat from several European countries.

• Friday, August 5th 2011 - 18:50 UTC

  Argentina blasts US and EU: only way out of crisis is expanding public spending

  

  Argentina's Deputy Economy Minister Roberto Feletti criticized the fiscal austerity measures being implemented in Europe and the US, saying those policies will only hurt the global economy.

• Friday, August 5th 2011 - 08:14 UTC

  Unasur Finance ministers meet in Peru to address the glut of US dollars

  

  Unasur Finance ministers struggling to stop economic harm from several years of US dollar decline will seek to agree on a coordinated response when they meet Friday in Lima.

• Monday, August 1st 2011 - 06:19 UTC

  All small retail outlets to be “privatized” by next October announced Cuba

  

  Cuba will broaden private retail service beyond beauty parlours and barbers in October to include everything from coffee shops to locksmiths, and may even rent space on busy streets, an official told parliament.

• Thursday, July 14th 2011 - 18:38 UTC

  Gibraltar’s current debt level makes Europeans “green with envy”

  

  Gibraltar’s economy is performing well and its current debt levels are not a cause for concern said Professor Albrecht Ritschl from the London School of Economics interviewed by Radio Gibraltar to provide an independent assessment of the latest economic data presented in the local Parliament last week.

• Saturday, July 2nd 2011 - 05:59 UTC

  Uruguay raises 2011 growth forecast to 6% and inflation to 7.8%

  

  Uruguay has raised its 2011 economic growth forecast to 6% and its inflation to 7.8%, according to a government document published on Friday. The previous estimate was 4.5% and full year inflation of 6%.

• Saturday, June 25th 2011 - 07:54 UTC

  Argentina’s economic activity soars 9.1% in first four months, says Indec

  

  Argentina’s economic activity level increased 9.1% in the first four months of the year compared to the same period of 2010 fuelled by domestic consumption, manufacturing and international trade, according to the country’s Statistics and Census Office, Indec.

• Saturday, June 11th 2011 - 09:55 UTC

  China’s imports soared 28.4% in May with strong demand for oil

  

  China posted a smaller-than-expected trade surplus in May of 13.1 billion US dollars because of soaring imports and weaker global demand growth. Sales to the US and the European Union slumped to their weakest since late 2009, excluding Lunar New Year holidays, underlining the view that the world economy is stumbling.

• Thursday, June 2nd 2011 - 00:46 UTC

  Uruguay's fiscal deficit steady at 1.6% of GDP; lack of rains fuels power bill

  

  Uruguay’s fiscal deficit increased 0.7 percentage points of GDP in April reaching 1.6% of GDP in the accumulated twelve months, reports the Ministry of Economy and Finance. The 1.6% of GDP is the fiscal budget deficit target established by the government for the whole of 2011, which was recently increased.