Stories for January 2021

Saturday, January 30th 2021 - 09:55 UTC
Official 2020 inflation in Argentina at 36,1%, but several points higher for the poor half of the country

Argentina registered inflation of 36,1% in 2020, with the declining rate during three quarters, picking up strongly in the last three months particularly basics such as food which is serious since almost half of the Argentine population are cataloged as poor or living below the poverty line.
Saturday, January 30th 2021 - 09:40 UTC
Falklands new port will require 900,000 tons of stone

Falkland Island lawmaker, MLA Roger Edwards, portfolio holder for Public Works spoke about the ongoing project for the new port to replace FIPASS, (Falklands Interim Port and Storage System) and the resources it will require, among which some 900,000 tons of stone.
Saturday, January 30th 2021 - 09:34 UTC
One for Bolsonaro: Brazil almost broke; primary deficit reaches 10% of GDP

Only a week ago, President Jair Bolsonaro said Brazil was “broke” and the latest Treasury numbers have come close to backing the statement. Last year the country reported a record primary budget deficit of 743.1 billion reais (US$138 billion), a record 10% of GDP.
Saturday, January 30th 2021 - 09:23 UTC
US economy hazy despite S&P surge, ten million workers jobless and record high unemployment applications

The United States grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. The coronavirus inflicted the worst economic freeze since the end of World War II, the economy contracted 3.5% and clouded the outlook for this year.
Saturday, January 30th 2021 - 09:14 UTC
EU will monitor (and block) coronavirus vaccine exports out of the continent

The European Commission will monitor and in some cases block coronavirus vaccine exports out of the bloc since it installed a new mechanism on Friday. The move comes amid a row with the British-Swedish pharmaceutical giant AstraZeneca over vaccine deliveries.
Saturday, January 30th 2021 - 09:09 UTC
Novartis to help Pfizer with manufacturing capacity to boost production

The Swiss drugmaker Novartis has signed an initial agreement to provide manufacturing capacity for Pfizer and Biontech's COVID-19 vaccine, a move aimed at helping boost production as supplies fall shy of demand.
Saturday, January 30th 2021 - 09:05 UTC
Large companies sign “Neptune Declaration” to help crews trapped in ships because of Covid-19

More than 300 large companies pledged this week to work together to help hundreds of thousands of merchant sailors trapped on ships for many months due to Covid-19. About 90% of world trade is transported by sea, and coronavirus restrictions in many countries are affecting global supply chains.
Saturday, January 30th 2021 - 08:15 UTC
Argentina wheat exports dropped 52% in December year to year

Argentine wheat exports during December 2020 dropped 52% compared to the same month of 2019, the lowest level in the last five years. The cereal revenue was also the lowest in five years, according to information from the local portal Agrofy.
Friday, January 29th 2021 - 08:56 UTC
Falklands‘ sovereignty: in UN letter, UK makes clear to Argentina its historical and legal position

Last 14 January, the United Kingdom Permanent Representative to the United Nations addressed a letter to the Secretary-General. The letter, in accordance with instructions received from the UK Government, was to refer to the letter dated 30 December 2020 from the Permanent Representative of Argentina to the United Nations, addressed to the Secretary-General.
Friday, January 29th 2021 - 08:55 UTC
Argentina expected to grow 5,4% in 2021, far from mitigating pandemic's impact

The International Monetary Fund, IMF, lowered Argentina's growth estimate for this year to 4,5% from its previous 4.9% forecast, according to the World Economic Outlook, WEO, delivered this week and which includes some forty countries, among which Argentina since it is a member of G20.