“Uruguay’s economy is expected to grow 3 percent in 2014, and a similar rate in 2015,” said Juan Federico Fischer, the managing partner of the law firm Fischer and Schickendantz in Montevideo. This represents a slowdown from the average 6 percent growth rate the country enjoyed from 2003 to 2013. Mr. Fischer said the slower economy can be attributed to a slump in commodity prices; Uruguay’s economy relies heavily on agricultural exports such as beef, soybeans and dairy products.
The Russian economy contracted by 0.5% in November, the first fall in national output - Gross Domestic Product - since October 2009, official figures show.
The Airbnb internet phenomenon is a boon for tourists, who find accommodation in popular destinations at a fraction of the cost of a hotel.
But in some cities the explosion of holiday lets is beginning to cause serious concern.
Retail expert Mary Portas has accused the government of making "token gestures" to rejuvenate Britain's struggling high streets.
As a result of her review three years ago, 27 areas were given funding to build more diverse town centres - but the results have been mixed.
Ms Portas has now called for faster action on "crippling" business rates and for local councils to be given the power to take control of empty shops.
Commons Leader William Hague has said legislation affecting just England should only be passed "with the consent of the majority" of English MPs.
He announced four options for "English votes for English laws" in Parliament, including giving English MPs enhanced scrutiny and a veto over new laws.
He said new arrangements for England were a "fundamental issue of fairness".
Here are the numbers that explain why the Russian economy is imploding in the face of a tumbling oil price and Western sanctions.
Oil and gas energy represents two thirds of exports of around $530bn (£339bn). Without them, Russia would have a massive deficit on its trade and financial dealings with the rest of the world - which is why Russia's central bank expects a capital outflow of well over $100bn this year and next...
A partnership with eBay means that shoppers can log on in the shop via a giant interactive screen, to make a wish list of items.
Once in the changing room, the shopper can also communicate digitally with tablet-carrying sales associates, who then bring over requested clothes in different sizes and colours.
Once a decision has been made the guest can then pay for merchandise without ever standing in a queue or seeing a cash register.
The government's flagship planning policy has seen "inappropriate and unwanted" housing development spring up across England, MPs have said.
Rules allowing shops and offices to be converted without planning permission should be scrapped, the Communities and Local Government Committee urged.
It said the National Planning Policy Framework left High Streets unprotected against out-of-town store developments.
The Bank of England's doomsday economic scenario has left three of Britain's major banks under some stress.
But only one, Co-op, has actually failed the test of what would happen if there were an economic crisis in the UK.
The bank, which faced its own crisis in 2012 when its efforts to buy 600 Lloyds Bank branches collapsed, has been told to cut its balance sheet by selling assets.
For Lloyds and RBS the results of the stress tests were tough but not as gloomy.
The annual rise in UK house prices slowed in October, official figures show, but prices still went up much faster than the general cost of living.
UK property prices increased by 10.4% annually in October, down from 12.1% the previous month, the Office for National Statistics (ONS) said.
The average home in the UK was valued at £271,000, the ONS said.
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