Economy

Thursday, June 24th 2021 - 09:22 UTC
Uruguay's blooming economy shows covid-induced setback

Uruguay's Gross Domestic Product (GDP) fell 2.8% in the first quarter of 2021 compared to the same period of 2020, according to a Central Bank (BCU) report released Wednesday.
Add your comment!
Thursday, June 24th 2021 - 03:04 UTC
Dollar skids as Fed officials testify that stimulus tightening is “still quite a way off”

With U.S. Federal Reserve officials including Chair Jerome Powell reaffirming that tighter monetary policy was still some way off, the US dollar slipped against major peers on Wednesday.
Add your comment!
Wednesday, June 23rd 2021 - 09:46 UTC
Argentina skips default thanks to agreement with Paris Club

Argentina's Economy Minister Martín Guzmán Tuesday announced that the Paris Club had agreed to give his country until March 31, 2022, to pay the US $ 430 million in instalments while the rest of the debt is renegotiated.
Add your comment!
Wednesday, June 23rd 2021 - 09:17 UTC
Mercurial Bitcoin comes back from below US $ 30,000 but future remains uncertain

Cryptocurrency investors could breathe again Tuesday after Bitcoin first fell below US $ 30,000 for the first time in five months, but eventually managed to rebound up to over US $ 32,000.
Add your comment!
Wednesday, June 23rd 2021 - 08:59 UTC
Brazilian Government announces increased funding for agribusiness

The Government of Brazilian President Jair Bolsonaro Tuesday launched what was called “The Harvest Plan 2021/2022” for which funding worth R$ 251.2 billion (US $ 50.6 billion) for national agribusiness was allocated.
Add your comment!
Wednesday, June 23rd 2021 - 06:42 UTC
Argentina expects a 19 million tons 2021/22 wheat harvest, with 12 million tons for export

Argentine wheat exports should reach 12 million tons in the 2021/22 winter harvest, according to a new estimate released by the Buenos Aires Cereals Exchange. If confirmed, the volume, the highest since 2016/17, will be 26.3% above this season's production.
Add your comment!
Tuesday, June 22nd 2021 - 09:33 UTC
OECD's May report foresees 5.8% growth for 2021

The world's economy is forecast to grow 5.8% in 2021, according to the Organization for Economic Cooperation and Development (OECD), “Economic prospects: an unusual recovery. Navigating towards the transition,” it has been announced.
Add your comment!
Monday, June 21st 2021 - 09:40 UTC
Argentine freezes meat prices, exports to resume next week but not of all cuts

Argentine Minister of Productive Development Matías Kulfas Sunday admitted the administration of President Alberto Fernández plans to both ban exports of the beef cuts most coveted by local consumers and freeze domestic prices until late this year.
Add your comment!
Saturday, June 19th 2021 - 12:15 UTC
Brussels drops tariffs for 75,000 tonnes of Falklands squid

The European Commission has reached an agreement to allow 75,000 tonnes of Falklands loligo to be imported tariff-free into the European Union, according to reports in Galician daily Faro de Vigo.
2 comments
Friday, June 18th 2021 - 09:46 UTC
Argentina hopes to resume beef exports next week

Argentina's Minister of Productive Development, Matías Kulfas, Thursday said meat exports are to resume next week after details to ensure proper supply to local consumers are fine-tuned.
Add your comment!