Venezuela which is sitting on one of the world’s largest crude oil reserves but which is suffering the worst loss of oil production in history outside of war-induced outages is getting ready to share macroeconomic data with the International Monetary Fund to avoid penalties including possible exclusion from the IMF.Add your comment!
Migrant workers in the UK, many in low-paid jobs, are sending £8bn a year to support families in their home countries, says a report from the United Nations' education agency. This is often used to help relations in poorer countries to stay in school.Add your comment!
The standardisation of products through technology advancements has helped Chilean fruit exporters conquer China as a destination, it was the reported.Add your comment!
British Chief Secretary to the Treasury, Elizabeth Truss visits Latin America to build relationships with Brazil and Chile. Ms Truss visited Brasília, São Paulo and Santiago for bilateral meetings with ministers and will follow-up on the second UK/Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure.1 comment
Argentina's Consumer Price Index, CPI, increased 5.4% in October, and 39.5% in the last ten months, and 45.9% in twelve months, according to the latest report from the country's stats office, Indec. The items with the highest were Housing, 8.8%, followed by Transport, 7.6% while Food and Beverage, 5.9%.Add your comment!
Germany's years-long run of steady growth came to a screeching halt in the third quarter, official data showed this week, with a widely-expected bottleneck in the vital car industry matched by broader structural concerns.Add your comment!
Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a US$ 57.1 billion International Monetary Fund bailout. Approval came as a great relief for battered president Mauricio Macri, but also a double victory, since it opens the way for his reelection aspirations next year.1 comment
Theresa May has dismissed speculation she could be ousted as prime minister over her Brexit agreement, saying: I am going to see this through. Speaking in Downing Street, on Thursday the prime minister said: The course I have set out is the right one for our country and all our people.2 comments
Economist Roberto Campos Neto has accepted an invite to become the head of Brazil's central bank under the government of the incoming president, Jair Bolsonaro, the nation's future economy minister said in a statement on Thursday.14 comments
Aerolineas Argentinas President Luis Malvido ruled out Wednesday any plans to privatize the national flag carrier and added they had no intention to close down routes. However, the company's long term is under evaluation.Add your comment!