Economy

Thursday, January 26th 2023 - 18:33 UTC
Massa signs deal with FAO chief Qu Dongyu

Argentina's Superminister of Economy and Production Sergio Massa signed an agreement with Food and Agriculture Organization of the United Nations (FAO) Director General Qu Dongyu during the latter's trip to Buenos Aires for the VII Community of Latin American and Caribbean States (Celac) Summit.
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Thursday, January 26th 2023 - 10:02 UTC
Argentine banks short of storage capacity to pile the rapidly depreciating Pesos

Argentina has been plagued by economic and financial instability for years and years, and its overall situation has worsened considerably in recent years, with the country once again defaulting on its debt in 2020 and having been forced to turn to capital controls to protect its national currency.
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Thursday, January 26th 2023 - 09:44 UTC
Alberto Fernández meets with European Council President

Alberto Fernández Wednesday met European Council President Charles Michel at Casa Rosada to discuss the importance of strengthening the bilateral agenda European Union and the Community of Latin American and Caribbean States (Celac).
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Wednesday, January 25th 2023 - 18:58 UTC
Lula in favor of Mercosur-China FTA

Brazilian President Luiz Inácio Lula Da Silva said Wednesday in Montevideo that he agreed to open up Mercosur and pursue a free trade agreement (FTA) with China.
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Tuesday, January 24th 2023 - 08:42 UTC
A currency of South American circulation, “in the long term”

In the eighty plus Cooperation Declaration signed by Argentina and Brazil this Monday in Buenos Aires are included many different areas and topics, and one of them has been most promoted by the Argentine Media, very much sponsored by the current Fernandez-Kirchner administration, and refers to an alleged bilateral “common currency”.
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Tuesday, January 24th 2023 - 08:30 UTC
EU and Brazil address the 2007 strategic partnership and bilateral relations

Brazilian Vice-President Geraldo Alckmin currently acting as President while Luiz Inácio Lula da Silva is in Argentina for the CELAC meeting, met in Brasilia with the Executive Vice-president of the European Commission Frans Timmermans to address deepening of bilateral relations, in the framework of the 2007 strategic partnership existent between the European Union and Latin America's largest economy .
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Monday, January 23rd 2023 - 18:56 UTC
Uruguay's FTA with China would endanger Mercosur, Vieira says

Brazil's Foreign Minister Mauro Vieira told Folha de Sao Paulo that a possible free trade agreement between Uruguay and China would endanger the future of the South American Common Market (Mercosur). In Vieira's view, such a move would contradict the bloc's integration policies.
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Monday, January 23rd 2023 - 10:14 UTC
Hopefully, CELAC will “help us deepen links with China”, Argentine president

Argentine president Alberto Fernandez is confident that “Celac can help deepen links with China”, and strongly criticized the United States for “demonizing” the Asian giant. On Monday/Tuesday Argentina and president Fernandez will be hosting the Community of Latin American and Caribbean, CELAC, seventh summit of heads of state when all the leaders of the region are expected to attend, including the 'bad boys' of the club such as Nicolas Maduro from Venezuela, Cuban president Miguel Días Canel and Nicaragua's Daniel Ortega.
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Monday, January 23rd 2023 - 09:57 UTC
Lula da Silva overshadowing Mercosur diplomacy and trade agreements

A free trade agreement between Uruguay and China would destroy Mercosur since it contradicts the block's integration policies, according to Brazilian Foreign Minister Mauro Vieira said in a Sunday interview with Folha de Sao Paulo, a leading daily of the country's financial capital.
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Saturday, January 21st 2023 - 11:33 UTC
Argentine mining exports hit highest level since 2012

According to a report released this week by Argentina's Mining Secretariat, the South American country's sales abroad of these minerals totaled US$ 322 million in December of 2022, with 98% of shipments stemming from the provinces of Santa Cruz (44.6%), San Juan (22.4%), Jujuy (19.1%), Salta (7.7%) and Catamarca (4.0%).
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