Brazil, Uruguay move away from US dollar in trade

Brazil and Uruguay have switched to settling bilateral trade with local currency to stimulate turnover, bypassing the US dollar. Payments in the Brazilian real and Uruguayan peso started on Monday. The agreement was signed on November 2 by the head of Brazilian...

Unemployment down to 10.7% in November – CSO

The standardised unemployment rate in November was 10.7 per cent, down from the revised figure of 10.9 per cent in October, new figures from the Central Statistics Office have shown. On a seasonally adjusted basis, the Live Register recorded a monthly decrease of...

A million sign petition against EU-US trade talks

A campaign group website says over a million people in the European Union have signed a petition against trade negotiations with the United States. The petition calls on the EU and its member states to stop the talks on the Transatlantic Trade and Investment...

Euro zone retail trade up 0.4% in October

Euro zone retail trade rose by 0.4 per cent in October, according to new estimates from Eurostat. In the EU28, the volume increased by 0.7 per cent. Year-on-year, the retail sales index in the euro area increased by 1.4 per cent and was up 2 per cent in the entire...

Olive oil prices soar after bad harvest

Take it easy with the salad dressing: the price of Italian olive oil has more than doubled in the past year to its highest level in a decade as the impact of drought and a fruit fly infestation has hit production. The price of extra virgin oil from Spain, the world’s...