The United States Federal Reserve kept interest rates unchanged, close to zero, despite an inflation spike during June when it soared to an annual 5,4%, its highest in thirteen years.Add your comment!
The Uruguayan Central bank in its second-quarter Monetary Policy report forecasted a 3,5% expansion for the country's economy, the same as the estimate of the Finance ministry, but anticipated higher inflation because of an increase in public rates and commodities.Add your comment!
Chile's National Agriculture Society, SNA, has warned that up to 30% of crops could remain without harvesting because of a lack of manpower. SNA head Cristian Allendes participated in a conference on the labor problem and incentives to attract people to work in the fields, which was presented under the title of How is the 2020/21 season coming along?.1 comment
On Wednesday, ExCo agreed a further set of economic support measures for the community and local businesses, in light of the ongoing pandemic.Add your comment!
Uruguay's Deputy Minister of Industry, Energy and Mining, Walter Verri hinted a new hike in the price of petrol was coming up in August and warned people will need to get used to such a mercurial behaviorAdd your comment!
The International Monetary Fund lifted previous 2021 growth forecasts for Latin America and the Caribbean to 5,8%, a significant advance over the last estimate from April, boosted particularly because of the good performances of the Brazilian and Mexican economies.Add your comment!
Argentina Tuesday made a payment to the Paris Club which resulted in the country's reserves falling to the US $ 42,837 million, it was reported.Add your comment!
The Chinese yuan has taken third place among internationally-traded currencies in 2020, according to a Renmin University of China report released over the weekend, which also foresees it may continue to expand.Add your comment!
Brazil should collect more than 300 million tons of grain by the 2024/25 harvest, three seasons earlier than initially planned, according to new projections by the Ministry of Agriculture. The previous forecast was to reach the target in the 2027/28 cycle.Add your comment!
Argentina Sunday declared a water emergency due to the historic downspout in the Paraná river.Add your comment!