Economy

• Thursday, October 20th 2022 - 09:47 UTC

  Milei plans to “dollarize” economy if elected President of Argentina

  

  Argentine Libertarian Congressman Javier Milei told US Ambassador Marc Stanley he would “dollarize” Argentina if he is elected president in 2023 during a meeting Wednesday at the Embassy in Buenos Aires.

• Wednesday, October 19th 2022 - 10:45 UTC

  Lacalle Pou: Argentina's protectionist measures detrimental to Uruguay

  

  Uruguayan President Luis Lacalle Pou criticized Argentina's recent economic measures saying they “do not go with the spirit of Mercosur.”

• Tuesday, October 18th 2022 - 19:11 UTC

  Argentine delegations tour Brazil seeking business opportunities

  

  Argentina's Ambassador to Brazil Daniel Scioli Monday headed a trade mission in the Brazilian city of Porto Alegre searching for business opportunities at the Federation of Industries of the State of Rio Grande do Sul (FIERGS) which brings together 114 industrial unions and over more than 47,000 industries.

• Tuesday, October 18th 2022 - 10:09 UTC

  Arbeleche says Uruguay going through economic recovery

  

  Uruguay's Economy Minister Azucena Arbeleche Monday underlined her country was going through a process of economic recovery despite the global scenario.

• Tuesday, October 18th 2022 - 10:07 UTC

  Inflation projections in Brazil fall yet again

  

  Brazilian economic authorities have cut down projections regarding 2022's annual inflation from 5.71% to 5.62%, it was reported Monday. It was the 16th consecutive reduction of the National Wide Consumer Price Index (IPCA) estimate.

• Tuesday, October 18th 2022 - 10:00 UTC

  September, record export month for Brazilian agribusiness: US$ 14 billion

  

  Brazilian agribusiness exports reached US$ 13.97 billion in September 2022, a record for the month with a 38,4% increase compared to the corresponding period of 2021. In addition to the increase in prices, which rose 17.2% between September 2022 and September 2021, the volume exported was up 18.1%.

• Tuesday, October 18th 2022 - 09:55 UTC

  Stability, confidence the priorities, and hard times ahead said Chancellor Hunt in a momentous U-turn speech

  

  Financial markets reacted positively Monday after the United Kingdom's new Chancellor of the Exchequer scrapped Prime Minister Liz Truss' tax-cutting economic stimulus package. Jeremy Hunt, who was appointed to the role only on Friday, said the unfunded tax measures had been eliminated and underlined that stability, confidence and helping the most vulnerable, were now the government's goals and number one focus.

• Tuesday, October 18th 2022 - 09:52 UTC

  September inflation in Patagonia reached 6,1% and 66,2% in nine months

  

  Inflation across in Tierra del Fuego, Argentine Patagonia reached 6,1% during the month of September, 66,2% so far this year, and did not include modifications in basic services rates, but nevertheless was considered a great success in Buenos Aires because it was down from 7%, the previous month.

• Monday, October 17th 2022 - 19:02 UTC

  Real estate prices fall in 90% of Buenos Aires

  

  According to a survey published by Buenos Aires' daily Ámbito, 90% of Buenos Aires' areas recorded a drop in the sale price of real estate property in September of 2022 when compared to the previous month.

• Saturday, October 15th 2022 - 14:50 UTC

  Falklands MLA will report on trade agreements with EU, UK following on Brexit

  

  The UK represented the Crown Dependencies and British Overseas Territories in relations with the EU while a member of the block. But since Brexit, how is it performing at engaging the EU to represent their individual interests?