MercoPress. South Atlantic News Agency
Stories for January 19th 2023
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Thursday, January 19th 2023 - 10:02 UTC
Paraguay's Central Bank foresees 4% inflation for 2023
Paraguay's Central Bank (BCP) will target a 4% inflation for the year 2023 after a slowdown has already been detected, BCP Chief Economist Miguel Mora said Wednesday. The monetary authority will also seek to guarantee price stability for local consumers despite a depreciation of the guaraní (₲) against the US dollar.
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Thursday, January 19th 2023 - 09:59 UTC
IMF and IDB willing to help Brazil manage spending cap
Brazil's Economy Minister Fernando Haddad said Tuesday after a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva that the agency was willing to help South America's largest country handle its fiscal situation, Agencia Brasil reported.
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Thursday, January 19th 2023 - 09:56 UTC
World in a “sorry state” and “the climate battle is being lost,” UN Guterres to Davos Summit
United Nations Secretary-General Antonio Guterres said the world is in a “sorry state,” adding the climate “battle is being lost” and every week brings “a new climate horror”.
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Thursday, January 19th 2023 - 09:50 UTC
Brazil's Agriculture GVP 2022, second highest in 34 year period; in 2023 GVP forecast 6,3% higher
Brazil’s Gross Value of Agricultural Production (GVP) reached BRL 1.189 trillion in 2022, according to the country’s Ministry of Agriculture with crops generating BRL 814.77 billion and livestock BRL 374.27 billion. This is the second-highest figure on a 34-year-long record.
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Thursday, January 19th 2023 - 09:38 UTC
NZ Prime Minister Ardern stepping down shortly
Prime Minister Jacinda Ardern Thursday announced that she would be leaving her post no later than February 7, while the Labor Party is to choose a new leader in three days. Ardern came to power in 2017 with a coalition government and then led her center-left party to a sweeping victory in the 2020 elections, but her popularity and that of her party have fallen in recent polls.
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Thursday, January 19th 2023 - 07:50 UTC
Argentine announces repurchase of debt bonds
Argentina's Superminister of Economy, Agriculture, and Production Sergio Massa Wednesday announced he had instructed his team to launch a “debt repurchase” process for over US$ 1 billion “to improve the debt profile and continue lowering the country risk,” while bringing it closer to accessing foreign credit.
