Economy

Saturday, November 11th 2023 - 10:16 UTC
Former VP Astori, architect of Uruguay's 21st century economy, dead at age 83

Former Uruguayan Vice President Danilo Astori (2010-2015) died Friday at the age of 83 from complications following a hip fracture for which he had been hospitalized since late October, it was reported in Montevideo. Astori had resigned his seat on the Senate late last year due to other health problems.
Saturday, November 11th 2023 - 10:12 UTC
APEC: No major breakthrough expected from Biden-Xi meeting

San Francisco is finalizing its arrangements for the Asia-Pacific Economic Cooperation (APEC) Summit during which a key meeting between Presidents Joseph Biden of the United States and Xi Jinping of China is expected to take place on Nov. 15. Xi and Biden will get together to discuss a range of “potentially contentious” topics including the need for military-to-military dialogue.
Friday, November 10th 2023 - 10:02 UTC
US market reopened for Paraguayan beef

The United States has reopened its doors to Paraguayan beef after 25 years, President Santiago Peña announced Thursday together with US Undersecretary of State for Economic Growth, Energy and Environment José W. Fernández and US Ambassador Marc Ostfield, it was reported in Asunción.
Wednesday, November 8th 2023 - 19:06 UTC
Brazil to become world's leading chicken meat exporter in 2024

According to the United States Department of Agriculture (USDA), global chicken meat exports are expected to reach at least 14 million tons next year, marking a 2.91% growth compared to this year’s exports.
Wednesday, November 8th 2023 - 10:55 UTC
Argentina makes payment to IMF in yuan

Argentina has complied with the payment of interests to the International Monetary Fund for US$ 790 million, it was reported Tuesday in Buenos Aires.
Wednesday, November 8th 2023 - 09:01 UTC
Peña praises ECLAC and wants more Chilean investments in Paraguay

Paraguayan President Santiago Peña spoke Tuesday in favor of free trade and environmental protection during his appearance before the Economic Commission for Latin America (ECLAC) at its Santiago (Chile) headquarters.
Tuesday, November 7th 2023 - 10:17 UTC
Moody's says adjustment in Argentina inevitable

A recent report from Moody's heralded that a macro-fiscal adjustment is inevitable in Argentina regardless of who wins the Nov. 19 runoff between Economy Minister Sergio Massa and Libertarian Congressman Javier Milei.
Tuesday, November 7th 2023 - 09:46 UTC
Falklands planning to redesign new themes on the Islands' banknotes; public consultations

The Falkland Islands Treasury Department is launching two consultations concerning changes to Falkland Islands currency and is keen for the public to provide their feedback. The consultations cover:
Tuesday, November 7th 2023 - 09:21 UTC
Importance of Brazilian SMEs highlighted

According to a study released Monday, small businesses account for 71% of the jobs created in Brazil until September this year, Agencia Brasil reported. The document showed some 1.5 million work opportunities had been opened nationwide, 211,764 of them formal.
Tuesday, November 7th 2023 - 08:25 UTC
Biden envoy visiting Chile, Uruguay and Paraguay

US Undersecretary of State for Economic Growth, Energy and Environment, José W. Fernández is on a South American tour with stops in Uruguay, Chile, and Paraguay to boost green energy developments in the region.