Stories for 2022

Friday, October 14th 2022 - 10:20 UTC
Bank of England to the rescue, “to restore orderly market conditions”

The Bank of England unveiled further measures to calm market turmoil triggered by the UK mini budget announcement. The bank said it would spend up to 5 billion pounds (€5.7 billion, US$5.5 billion) per day on inflation-linked government debt bonds, or gilts, to further prop up Britain's £2.1-trillion bond market.
Friday, October 14th 2022 - 10:08 UTC
IMF experts foresee economic slowdown in the region for 2023

Growth projections in the region next year have been trimmed downwards due to inflation and skyrocketing interest rates, the International Monetary Fund (IMF) announced Thursday.
Friday, October 14th 2022 - 10:00 UTC
Controversy among NZ farmers with the proposed methane gas tax

The New Zealand government has anticipated a controversial farm that would tax greenhouse gases from animals with the purpose of achieving carbon neutrality by 2050. Allegedly it would be a first in the world and farmers should be able to recover the expense by raising the price of items that are environmentally friendly.
Friday, October 14th 2022 - 09:40 UTC
Guedes underlines Brazil's economic recovery

Brazil's Economy Minister Paulo Guedes told a group of worldwide dignitaries in Washington DC about the South American nation's economic recovery:
Thursday, October 13th 2022 - 21:30 UTC
Macri reminds he has not signed up for next year's Argentine primaries

Former Argentine President Mauricio Macri Thursday said in a radio interview that he would not be a candidate in the 2023 elections, despite all signs pointing in that direction after the announcement of his new book to be released on Oct. 18.
Thursday, October 13th 2022 - 21:07 UTC
Uruguayan Economy minister highlights the importance of climate actions

During her appearance in Washington DC at the Center for Global Development (CGD), Uruguay's Economy Minister Azucena Arbeleche Thursday highlighted the importance of inclusive and sustainable growth.
Thursday, October 13th 2022 - 21:01 UTC
Brazil's oil and gas output reaches 3.967 mn bpds

Brazil's oil and natural gas production in the month of August of 2022 reached 3.967 million barrels per day (bpd), the National Agency of Petroleum, Natural Gas and Biofuels (ANP) reported Thursday in the Dynamic Panel of Oil and Natural Gas Production.
Thursday, October 13th 2022 - 20:57 UTC
IMF Chief praises Argentine gov't

International Monetary Fund Managing Director Thursday praised the commitment of Argentine President Alberto Fernández's administration to comply with the debt-repayment program agreed upon.
Thursday, October 13th 2022 - 10:24 UTC
Falklands new port suspension: resuscitating packages required for FIPASS functioning

Following the recent Falkland Islands' Executive Council decision not to proceed with the new port facility construction as tendered by BAM, Members of the Legislative Assembly are committed to ensuring that the facilities at the current FIPASS port terminal continue to function while options in respect of the future operational requirements for the facilities at the location are examined.
Thursday, October 13th 2022 - 10:18 UTC
Chile ups TPM to curb inflation

Chile's Central Bank Wednesday announced an increase of 50 basis points to the Monetary Policy Rate (TPM) which has been now set at 11.25% in a unanimous decision by the Board aimed at tackling inflation.