The European Union and Chile reached an understanding to modernize their successful twenty years old trade association agreement, which is part of the EU strategy to diversify its suppliers of critical commodities for the green transition and at the same time cut its dependence from China.
Uruguayan President Luis Lacalle Pou said that while the world's economy would grow by 2.9%, that of his country would do so by over 5% by the end of 2022.
The Bank of England has released specimens of the new bills portraying King Charles III instead of his mother, the late Queen Elizabeth II, which are due to enter circulation in mid-2024.
Three ministers from Brazil's Federal Court of Audits TCU asked last Friday for a reassessment of the privatization process of the Port of Santos administration. The issue should be put back into the discussion in 45 days. The rapporteur, Minister Bruno Dantas, suggested giving preference to the privatization of smaller ports before addressing Santos.
Brazil's National Wide Consumer Price Index (IPCA) is now expected to have grown 5.76% by the end of the year, a marginal drop from the 5.79% projected in the previous Focus Bulletin weekly report by South America's largest country's Central Bank.
Brazil's National Union of Aeronauts (SNA) announced that the strike planned for Monday at the main airports nationwide by pilots and flight attendants was still on after they rejected a proposal from the Superior Labor Court (TST).
Argentina's new version of the Export Increase Program (PIE) has resulted in US$ 1.824 billion worth of soybeans sold abroad, which nearly meets the government's target, it was reported Friday in Buenos Aires.
During October 2022, beef exports from Argentina fell for the third month running, dropping 3% in volume month-on-month, with sales revenue down 10.4%, according to Argentina’s Chamber of Meat Industry and Commerce (CICCRA).
Uruguay and the United States are on the path of a “possible development”, according to the Secretary of the Presidency of the South American country, Álvaro Delgado. The official highlighted Thursday the importance of the Alliance for Economic Prosperity in the Americas and the relationship with Washington.
Uruguay's Central Bank (BCU) Thursday issued a report showing the country's economy for the third trimester of 2022 remained at similar levels to those of the second quarter of the year.