Economy

Friday, May 16th 2025 - 22:11 UTC
Universidad Austral study finds Argentina's population to be ageing

A study by the Universidad Austral’s Human Development Observatory, based on data from Argentina's National Institute of Statistics and Census (Indec), showed significant demographic shifts in the South American country, with the number of births dropping by 40% since 2014.
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Friday, May 16th 2025 - 21:22 UTC
Falklands Government Budget announcement delayed until July

The Falkland Islands Government has postponed the announcement of its 2025/26 budget, which was initially scheduled for June 3. According to a statement from the Legislative Assembly, the delay comes after members of the Budget Select Committee expressed dissatisfaction with the final draft presented, leading to a decision to take additional time for consensus-building.
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Friday, May 16th 2025 - 09:17 UTC
Peña highlights Paraguay's booming present at FIFA Congress

Paraguayan President Santiago Peña highlighted his country's economic, social, and cultural growth, which -he claimed- was the fastest in the region over the past 35 years. He made those remarks Thursday during the 75th FIFA Congress held in Asunción.
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Thursday, May 15th 2025 - 10:24 UTC
Argentina: Indec says April's inflation stood at 2.8%

Argentina's Consumer Price Index (CPI) reached 2.8% in April 2025, the National Institute of Statistics and Census (Indec) reported Wednesday in Buenos Aires, much to President Javier Milei's content and the bafflement of the population coping with an unmatching reality.
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Thursday, May 15th 2025 - 10:04 UTC
Paraguay: Maquila Regime yields encouraging results

In Paraguay, exports under the Maquila regime totaled US$ 388 million as of April 2025, a 13% yoy increase driven mainly by auto parts, textiles, aluminum products, food, and plastics, currently generating 32,712 direct jobs, a 26% growth from the previous year.
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Wednesday, May 14th 2025 - 13:48 UTC
EU tariffs on Falklands exports, “we are in ongoing discussions”, says FCDO

A specific question in UK Parliament on the Falkland Islands Government urgent call to the UK Government for the use of the current UK/EU reset agreement as an opportunity to remove the detrimental post-Brexit tariffs on Falklands exports, received from Foreign Secretary David Lammy a brief reply of “ongoing discussions”.
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Wednesday, May 14th 2025 - 10:56 UTC
Brazil's Central Bank signs currency swap with People’s Bank of China

Brazil's Central Bank (BCB) and the People’s Bank of China (PBoC) signed a currency swap agreement Tuesday worth R$ 157 billion (US$ 28 billion). The arrangement is valid for five years.
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Tuesday, May 13th 2025 - 09:37 UTC
Fitch ups Argentina's grading by one notch

Fitch Ratings upgraded Argentina's long-term foreign currency debt rating from CCC to CCC+, citing the rapid economic recovery under President Javier Milei. Key factors include a new US$ 20 billion International Monetary Fund (IMF) agreement, with an initial US$ 12 billion disbursement boosting reserves to US$38 billion, and the liberalization of the exchange market an AR$ 1,000 / AR$ 1,400 band per US dollar.
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Tuesday, May 13th 2025 - 08:22 UTC
“Brazil needs long term planning in industry and technology”, if it is to upgrade foreign trade quality

Alarm bells are again ringing in Brazil, The country might have impressive foreign trade figures and surpluses, but Brazil has been unable to gain competitive advantages in sectors beyond agriculture and mining. “Exports remain heavily concentrated in commodities such as soybeans, oil, and iron ore,” and the country has been unable “to upgrade the quality of this trade relationship, especially by exporting more industrial products.”
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Monday, May 12th 2025 - 20:37 UTC
Lula announces sizeable Chinese investments in infrastructure

Brazilian President Luiz Inácio Lula da Silva announced Monday that Chinese investors would be allocating some R$ 27 billion (US$ 4.69 billion at the current exchange rate) to infrastructure and other development in the South American country. He made those remarks during his participation in the Brazil-China Business Forum in Beijing. The investments will also cover the areas of education and technology, it was explained.
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