Economy

Friday, July 26th 2024 - 17:31 UTC
Milei and Macron discuss bilateral issues in Paris

Presidents Javier Milei of Argentina and Emmanuel Macron of France got together Friday at the Elysee Palace ahead of the opening ceremony of the Paris 2024 Olympic Games to discuss ongoing world affairs and bilateral issues. It is the South American leader's 12th trip abroad since his inauguration on Dec. 10, 2023.
Add your comment!
Thursday, July 25th 2024 - 20:18 UTC
Lula insists world hunger is a political choice

Brazilian President Luiz Inácio Lula da Silva insisted during a G20 event in Rio de Janeiro that fighting hunger was a political choice, Agencia Brasil reported. The South American leader also pledged to steer his country out of that plight during his ongoing term.
Add your comment!
Thursday, July 25th 2024 - 19:50 UTC
Argentine Economy Minister meets with IMF Chief in Rio

Argentina's Economy Minister Luis Toto Caputo met Thursday in Rio de Janeiro with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who said the encounter had been “constructive.”
Add your comment!
Thursday, July 25th 2024 - 11:19 UTC
Chilean fruit exports grow 9% in first semester of 2024

Chile's agricultural sales abroad in the first semester of 2024 amounted to over US$ 7 billion, almost 9% more than in the same period of 2023 thanks in part to a public-private cooperation strategy promoted by the Undersecretariat of International Economic Relations and ProChile, the Ministry's Department in charge of offering and promoting national products and services to the world.
Add your comment!
Thursday, July 25th 2024 - 08:41 UTC
Fitch says default on Argentine bonds in foreign currency likely

The credit rating agency Fitch outlined Wednesday the possible consequences of Argentina's latest measures, which would aggravate the uncertainty about the South American country's reserves, particularly after some of its gold was shipped abroad, in addition to other financial gambits that would allow for the creation of banking pesos that would jeopardize a return to “global capital markets.”
Add your comment!
Wednesday, July 24th 2024 - 08:36 UTC
UK policy, funds for aerospace projects but no support for Harland & Wolff

The new Labor government gave a clear indication of its policies and course of action this week when it announced at the Farnborough International Air Show a £103 million funding for aerospace projects, supporting greener travel and thousands of jobs across the UK. This contrasts with the rejection of a guarantee loan for the Harland & Wolff shipyard in Belfast.
Add your comment!
Tuesday, July 23rd 2024 - 18:43 UTC
IMF and IDB to boost Paraguay's sustainable development initiatives

The Inter-American Development Bank (IDB) and the International Monetary Fund (IMF) announced this week in Asunción an increase in cooperation with Latin American and Caribbean countries regarding environmental initiatives and sustainable development.
Add your comment!
Monday, July 22nd 2024 - 21:02 UTC
Brazilian flying taxi model launched

A subsidiary of Brazilian aircraft manufacturers Embraer launched this weekend in Gavião Peixoto, in the State of São Paulo, the full-scale prototype of the new flying taxi, which was introduced during the 45th edition of the Farnborough Airshow in England. According to Eve, the company behind this development, the eVTOL model represents a leap in urban aerial mobility which will transform cityscapes by 2026.
Add your comment!
Monday, July 22nd 2024 - 19:54 UTC
Paraguay's first 30 electric buses to be delivered this year

The first 30 electric buses of Asunción's public network will be operational before the end of 2024, Deputy Transport Minister Emiliano Fernández announced Monday after a meeting with experts from the Taiwanese company building the vehicles. President Santiago Peña has pledged that 1,000 of these units would become available shortly.
Add your comment!
Monday, July 22nd 2024 - 11:37 UTC
European Central Bank leaves rate unchanged, waiting for September data

The European Central Bank (ECB) left its main interest rate unchanged at 3.75%, but president Christine Lagarde indicated that an interest rate cut is possible at its next meeting in September. However in her media conference following last Thursday announcement warned that risks to growth persist.
Add your comment!