Economy

Saturday, August 20th 2011 - 06:30 UTC
Consumers’ inflation expectation in Argentina remains steady at 25%, says UTDT

Argentina's 12-month inflation expectations were unchanged for a sixth straight month in August, according to a closely watched survey published by the Torcuato Di Tella University.
Saturday, August 20th 2011 - 06:28 UTC
Argentine economy steams ahead at an annual rate of 8.2% in June

Argentina's economy grew by a wide margin in June on the back of a consumer spending spree and solid demand for the country's grains and manufactured goods overseas, according to the national statistics office, Indec.
Saturday, August 20th 2011 - 06:26 UTC
“Years to lower unemployment” with US economy so slow, says Fed member

The United States economy is growing so slowly that it will take years to wrench lofty unemployment rates back to normal levels, Cleveland Federal Reserve Bank President Sandra Pianalto said.
Saturday, August 20th 2011 - 06:21 UTC
Corn boom forecasted in Argentina as the grain most resilient to quotas’ system

Argentina is undergoing a “corn planting boom” because of its more diversified market opportunities which help to ease the full impact of the export quotas system imposed by the government of Cristina Fernandez.
Friday, August 19th 2011 - 09:43 UTC
Asian stocks down as economic uncertainty expands world wide

Asian stocks fell on Friday, following the trend on global markets, on continuing worries that the US economy could slide back into recession and the Euro debt crisis remains latent.
Friday, August 19th 2011 - 09:38 UTC
Chilean central bank ends hike cycle early and keeps key rate unchanged

The Chilean central bank held its benchmark rate steady at 5.25% on Thursday for a second month running as inflation expectations ease and the global outlook darkens, boosting bets it has ended its rate hike cycle early.
Friday, August 19th 2011 - 02:05 UTC
Fears of recession plunge world markets; Latam losses less that in US and EU

Stock markets across Latin America, led by regional heavyweight Brazil, fell sharply Thursday as recession fears sent global markets down. Meanwhile the spot price of gold hit yet another record high of just below 1.829 dollars an ounce.
Thursday, August 18th 2011 - 21:24 UTC
Colombia/Argentina bilateral trade expected to reach 2 billion dollars in 2011

Colombia/Argentina bilateral trade is set to reach 2 billion dollars, eight times its 2003 value, and remains favourable for Argentina, according to Minister of Industry Debora Girogi.
Thursday, August 18th 2011 - 20:57 UTC
US and Euro zone “dangerously close to recession” warns Morgan Stanley

The United States and Euro zone are “dangerously close to recession,” Morgan Stanley said on Thursday, criticizing policymakers and predicting the European Central Bank will have to reverse its rates policy.
Thursday, August 18th 2011 - 07:06 UTC
Colombia/Canada launch FTA promoting agro-trade and mining investment

The Canada-Colombia Free Trade Agreement which took effect on Monday August 15 is Canada's fourth bilateral trade deal with a Latin American country and eliminates tariffs on a range of goods and services in an effort to facilitate trade and investment.