The United States Federal Reserve is expected to begin cutting on emergency support for the US economy in mid-December at the latest, if not even in mid-November, according to the minutes from September's meeting released this week.
Export of Argentine must through the San Francisco Path to Chile from the province of Catamarca have to wait due to the international logistics scenario, it was reported Thursday.
Argentina's National Civilian Aviation Agency (ANAC) Thursday terminated the so-called inter-change agreement with Chile's DGAC dating back to early July 2019, which benefitted the now-defunct LATAM Argentina airlines.
The price of crude could rise to US$ 100 per barrel in coming weeks, anticipated Russian president Vladimir Putin during the Energy Week conference held in Moscow.
In what seems a challenge to the Chilean government which declared a state of emergency in a region to the south of the country, a group of indigenous Mapuche demanding autonomy invaded a farm and set on fire heavy equipment and several vehicles.
The Argentine government has earmarked some 70 million dollars, in three years, for the construction of an Antarctic Logistic Pole in Ushuaia, capital of the extreme south province of Tierra del Fuego. Some US$ 25 million will be invested next year to begin the development of the strategic project aimed at consolidating Ushuaia as the support hub for scientific research in Antarctica.
Given the latest spike of inflation in Chile which jumped 1,2% in September, the central bank council surprised markets by increasing the basic monetary lending rate 125 points, that is from 1,5% to 2,75%, the highest since 2001. The five-member Council decision was unanimous.
People on both sides of the Argentina / Paraguay border eagerly await the prompt reopening of land crossings between the two countries.
Brazil's Central Bank Wednesday took an active role in the currency exchange market and sold US $ 1 billion to avoid a devaluation of the real, which has already lost a third of its value against the US dollar in 2021 alone
Uruguay's President Luis Lacalle Pou was highly praised for his speech before rural producers of his country and Argentina, where he addressed the issue of freedom.