The massive social welfare program, Auxilio Brasil, promoted by the administration of president Jair Bolsonaro was passed this week in the Lower House and is expected to be approved in the Senate where leaders have promised to address it as a priority.Add your comment!
Canadian credit rating agency, DBRS Morningstar confirmed Uruguay's Long-Term Foreign and Local-Currency – Issuer Ratings at BBB-, and at the same time, elevated its prospect from stable to positive.Add your comment!
The first cruise ship to visit the Falklands since the 2019/2020 tourist season, Silver Explorer, was cleared on November 24 and in Stanley Harbor. The itinerary included visits to Bleaker Island and Bull Point. However, it is unknown how many other vessels will visit over the season.Add your comment!
Argentine Labor Minister Claudio Moroni Thursday said it was highly likely that the double severance money and the ban on dismissals decreed as a part of the emergency measures to cope with the COVID-19 pandemic will not be extended after December 31, since the economic situation was getting back to normal.Add your comment!
Argentine President Alberto Fernández was told Wednesday at Casa Rosada that the Toyota automotive manufacturing plant in the city of Zárate will be producing 27,000 additional vehicles yearly, it was announced.Add your comment!
Paraguay's Foreign Minister Euclides Acevedo said the Bi-Oceanic Corridor will bring Mercosur's entire economic development closer to Asia. His remarks came at a press conference after meeting with his Japanese counterpart Yoshimasa Hayashi in Tokyo earlier this week.Add your comment!
An International Monetary Fund (IMF) mission, led by Ana Corbacho, met (virtually) with the Chilean authorities during November 15–19 to discuss recent economic developments, policies, and priorities for the country. The mission engaged with senior officials, analysts, and business representatives. At the conclusion of the visit, Ms. Corbacho issued the following statement:Add your comment!
Several Swiss banks have been reprimanded for breaching laundering rules involving people linked to Venezuela's state oil company PDVSA, and have been ordered to terminate all business links with Venezuelan clients as well as with risky clients.Add your comment!
Brazil's President Jair Bolsonaro Tuesday said he intended to have Petrobras' international parity system reviewed, although he fell short of disclosing how he planned to go about it.Add your comment!
US President Joseph Biden has announced he wanted Republican lawyer Jerome Powell to stay at the helm of the United States Federal Reserve (Fed) for a second four-year term.Add your comment!