After Thursday's announcement of a large-scale cabinet reshuffle at Casa Rosada, the administration of President Alberto Fernández also announced the new destinations of the departing officials.
Brazilian president Jair Bolsonaro reiterated his opposition to economic sanctions against Russia and described the Brazilian government's position in the Ukrainian conflict as one of “equilibrium” since Brazil needs a steady supply of Russian fertilizers for its powerful agribusiness sector.
Argentina's monetary authorities Tuesday announced the creation of the “agrodollar,” a special exchange rate for agrifood exporters to liquidate their revenues through formal channels at an exchange rate closer to the parallel (“blue”) quotation.
Brazil's Economy Ministry Monday confirmed that the United Kingdom had decided to no longer apply protective tax measures on the import of steel plates and cold-rolled steel products.
Argentine President Alberto Fernández Friday insisted that many of the country's problems stemmed from the reluctance of agriculture exporters to liquidate the over US$ 20 billion they have collected from sales abroad over the past few months, out of speculation regarding the exchange rate between US currency and local pesos.
The price of wheat in global markets went back to pre-war figures Friday, after Ukraine and Russia agreed on a truce to allow for the departure of exports from Black Sea ports under Kyiv's control.
Russian authorities and dignitaries from the Kyiv government are to sign Friday the first deal since the beginning of the war in February. Brokered by Türkiye, the belligerent states will agree in Istanbul on safe corridors through the Black Sea for the export of Ukrainian wheat from its own ports.
Brazil, one of the world's largest exporters of beef is diversifying markets since its sales are concentrated in China and Hong Kong, a situation very similar to that of neighboring Mercosur partners, Uruguay and Argentina.
Farmers in the Netherlands are revolting over the government's plan to drastically reduce nitrogen emissions by 2030 and is pointing to agriculture and farmers as the worst offenders. But farmers have taken to the streets, blocking roads, and distribution centers, and there has been some serious incidents, including police opening fire on protestors,
Argentina has eased conditions for importers of fertilizers and crops' protection products, among other issues by facilitating access to much scarce foreign currency. The Central Bank has increased restrictions on sumptuary imports, traveling, and overseas purchases given the lack of sufficient dollar reserves for the purchase of industry imports.