Economy

• Wednesday, April 15th 2026 - 22:10 UTC

  IMF approves second review of Argentina program, unlocking US$1 billion disbursement

  

  The International Monetary Fund on Wednesday reached a staff-level agreement with Argentina on the second review of the country's extended fund facility, clearing the way for a disbursement of approximately $1 billion pending approval by the Fund's executive board. With this tranche, Argentina will have received roughly $15 billion of the $20 billion agreed in April 2025, Reuters reported.

• Wednesday, April 15th 2026 - 10:23 UTC

  Milei blames opposition and Iran war for 3.4% inflation and calls for patience

  

  Argentine President Javier Milei devoted his speech on Tuesday at the American Chamber of Commerce (AmCham) summit to addressing the March inflation figure released hours earlier by statistics agency INDEC: a monthly 3.4%, the highest reading in a year and the tenth consecutive month of acceleration since the 1.5% recorded in May 2025.

• Wednesday, April 15th 2026 - 10:20 UTC

  Uruguay bets on international integration to attract investment amid global uncertainty

  

  Uruguay's government responded on Tuesday to the International Monetary Fund's latest projections with a strategy centered on trade openness and investment attraction. Deputy Economy and Finance Minister Martín Vallcorba acknowledged the world is going through “a moment of great uncertainty” driven by the Middle East war, but said the country is working to create “positive and favorable conditions for investment and growth.”

• Tuesday, April 14th 2026 - 01:39 UTC

  Argentina awaits year's highest inflation reading as Caputo bets on “best 18 months”

  

  Argentine Economy Minister Luis Caputo said on Monday that March inflation will exceed 3%, which would make it the highest monthly reading of 2026, hours before the national statistics agency INDEC is scheduled to release the Consumer Price Index on Tuesday, April 14, at 4:00 p.m.

• Tuesday, April 14th 2026 - 01:34 UTC

  Brazil coffee exports fall 21% in Q1 despite record crop forecast

  

  Brazil, the world's largest coffee producer and exporter, shipped 8.4 million 60-kilogram bags between January and March 2026, a volume 21.2% below the same period in 2025, the Brazilian Coffee Exporters Council (Cecafé) reported on Monday. Export revenues also fell 13.6%, to US$3.371 billion.

• Monday, April 13th 2026 - 21:52 UTC

  Tankers turn back at Hormuz as crude jumps over 4% on US blockade

  

  Two oil tankers reversed course as they approached the Strait of Hormuz on Monday, just hours after the US naval blockade against Iranian ports took effect, according to maritime tracking platform MarineTraffic. Brent crude for June delivery closed up 4.4% at $99.36 per barrel, while US benchmark WTI rose 2.6% to $99.08, according to Bloomberg.

• Sunday, April 12th 2026 - 13:30 UTC

  Trump escalates Gulf crisis with order for total blockade of Strait of Hormuz

  

  US President Donald Trump announced on Sunday that the Navy would immediately begin blocking all maritime traffic attempting to enter or leave the Strait of Hormuz, and ordered the interception on the high seas of any vessel that has paid a toll to Iran.

• Friday, April 10th 2026 - 02:18 UTC

  Venezuelan parliament passes law opening mining sector to private capital amid rapprochement with US

  

  Venezuela's National Assembly unanimously approved on Thursday a new 131-article Organic Mining Law that opens the door to private and foreign investment in the mining sector, on a day also marked by police repression of thousands of workers who marched to demand an increase in the minimum wage, frozen since 2022.

• Friday, April 10th 2026 - 02:09 UTC

  Tourism accounted for nearly half of Uruguay's GDP growth in 2025, generating $2.04 billion in exports

  

  Tourism accounted for nearly half of Uruguay's gross domestic product growth in 2025 and represented 6.2% of the country's economic activity, according to the first monitor produced by the Uruguayan Chamber of Tourism together with the Center for the Study of Economic and Social Reality (Ceres), presented on Thursday in Punta del Este.

• Thursday, April 9th 2026 - 07:13 UTC

  FAO food commodities prices up in March; concern with energy and fertilizer costs

  

  World food commodity prices rose in March for the second month in a row, due largely to higher energy prices linked to the conflict escalation in the Near East, according to the latest benchmark measure released by the Food and Agriculture Organization of the United Nations (FAO).