Chile's jobless rate rose more than expected in the first quarter as two years of sluggish growth finally caught up with the labor market, signaling stronger headwinds for South America's wealthiest economy.
Argentina will issue a fresh round of dollar-denominated debt notes worth an estimated US$8 billion in the next few days, top officials from the Finance Ministry confirmed. The government will “very soon” issue a new Treasury note to capture dollars that are being stored “under the mattress” in a process that will kick off with a meeting with bankers, Finance Secretary Luis Caputo said.The Argentine government hopes to bring in US$5 billion through the issuance.
Venezuela's president Nicolas Maduro has ordered a 30% increase in the minimum wage, the latest move by the socialist government to grapple with high inflation and economic stagnation.
Brazil's populist president Dilma Rousseff vowed at a protest on Sunday, International Labour Day, that she would go down fighting ahead of what could be her final full week in power before impeachment.
Venezuelan government on Sunday moved local time up 30 minutes, to four hours behind UTC, with an eye toward dealing with the emergency caused by the ongoing severe drought. The time change will enter into effect as of this month and brings Venezuela back to the time schedule that prevailed until 2007, when the government shifted the nation's clocks back by half an hour.
The results of the latest market study commissioned by the Marine Stewardship Council (MSC) reveal an interest among consumers in seafood traceability. Surveys conducted among more than 16,000 seafood consumers globally indicate that over 55% do not trust the labeling of the seafood they consume. In Spain, this value is even higher: 61% of Spanish seafood consumers doubt whether the products they consume are what their packaging reads.
Magallanes Region in the extreme south of Chile has an unemployment rate of 3.1% during the first quarter of the year, which represents a 0.1 percentage point increase over the same period a year ago, according to the latest stats.
”Today is a day to celebrate the achievements that through generations union men and women have won: peace, democracy, rights and decent work for millions of people.
Almost two months of efforts coordinated by Interpol with the cooperation of seven countries on four continents, the Indonesian Armed Forces arrested one of the most wanted poaching fishing vessels. On January 29, the Chinese flagged Hua Li 8 was detected fishing within the EEZ of Argentina, which triggered an immediate operation to arrest the vessel. But despite the display of patrol vessels and aircrafts, and warning shots, the vessel managed to escape.
Visiting British Supreme Court Justice Lord Robert Carnwath gave a lecture for the United Kingdom Course of the University of San Andres, in Buenos Aires. Among important participants to the event were the President of Argentina’s maximum tribunal, Ricardo Lorenzetti, as well as magistrates, prosecutors and renowned law experts.