Economy

• Wednesday, January 18th 2023 - 09:43 UTC

  Uruguay extends agricultural emergency to support drought-hit producers

  

  Uruguay's Minister of Livestock, Agriculture, and Fisheries Fernando Mattos Tuesday announced that the Government of President Luis Lacalle Pou was extending the agricultural and livestock emergency until April.

• Wednesday, January 18th 2023 - 09:32 UTC

  “Blue” dollar hits new highs against Argentine peso

  

  The most widely spread exchange rate between the Argentine peso and the US dollar -known as “blue” - went up AR$ 8 Tuesday hitting a new all-time high of AR$ 378 = US$ 1, it was reported in Buenos Aires.

• Tuesday, January 17th 2023 - 19:59 UTC

  Alberto Fernández: Argentina was the “second fastest growing economy in the world after China”

  

  The President of Argentina, Alberto Fernández, highlighted Tuesday the growth of the Argentine economy in the last two years and valued the Government's progress in infrastructure.

• Tuesday, January 17th 2023 - 14:02 UTC

  Uruguay has the second highest minimum wage in Latin America: See how much is earned in each country

  

  The German media Statista, specialized in the disclosure of market data, shared in recent days a new report on minimum wages in Latin America for 2023.

• Tuesday, January 17th 2023 - 10:39 UTC

  Scarce encouragement for the ocean freight industry from the Chinese New Year

  

  In a severe display of the weak demand undermining the containerized ocean freight industry, the latest data from Xeneta reveals carriers blanked more than six times the number of sailings on the main Asia to US West Coast corridor leading up to Chinese New Year as they did in the equivalent period of 2019, just before the global ´pandemic.

• Tuesday, January 17th 2023 - 08:34 UTC

  Falklands Household Power and Fuel Allowance – payments calendar

  

  The Falkland Islands Household Power and Fuel Allowance (HFPA) administrative team would like to inform the public that, all applications received in December are currently being processed and letters are scheduled to be sent out to all new applicants.

• Monday, January 16th 2023 - 19:29 UTC

  Argentina has most bizarre regulations, leading businessman tells Harvard

  

  Francesco Starace, CEO of Italy's Enel, the company owning a majority of Buenos Aires electricity suppliers Edesur, said last week during a convention at the Harvard Business School, that they would be leaving the South American country because it “has the most bizarre regulation in the world.”

• Saturday, January 14th 2023 - 19:18 UTC

  Argentina may resume beef exports to Mexico

  

  Argentina's Secretariat of Agriculture, Livestock, and Fisheries announced Friday that 22 beef processing plants had been approved for shipments to Mexico after a 20-year hiatus.

• Saturday, January 14th 2023 - 10:28 UTC

  Brazilian Finance and Environment ministers will attend the Davos Forum

  

  Brazil's Minister of Finance Fernando Haddad and the Minister of Environment Marina Silva will be the official representatives to the World Economic Forum, (WEF) scheduled for January 16/20 in Davos, Switzerland and the message from the delegation to global investors is that the weekend's turmoil “belongs to the past and Brazil is ready to play its important role in international politics”.

• Saturday, January 14th 2023 - 10:21 UTC

  World Economic Forum says more green sector workers needed

  

  A report released by the Davos-based World Economic Forum (WEF) highlighted that countries should increase by 66% the number of employees in the green economy, which includes agriculture and fisheries, sustainable construction, environment, civil, and chemical engineering sectors. The document also pointed out that 37% more doctors and teachers were needed.