Economy

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.
Thursday, January 12th 2023 - 11:53 UTC
Mercosur needs changes, former Uruguayan President Pepe Mujica says

Former Uruguayan President José “Pepe” Mujica met Argentina's head of state Alberto Fernández over a barbecue at the Olivos residence in Buenos Aires to discuss the importance of integration of Latin America, because in the guest's words “we do not exist in the world.”
Wednesday, January 11th 2023 - 10:45 UTC
Beijing pushing Brazil for a quick FTA with Mercosur or individually, but consensus is elusive

An official document from Beijing states that China is ready to negotiate a free trade agreement (FTA) with Mercosur or separately with any member of the bloc. This contentious topic most probably will be included in the bilateral agenda when President Lula da Silva visits China in the near future.
Wednesday, January 11th 2023 - 10:19 UTC
Despite record exports in 2022, hard times ahead for the Chilean economy

Chile managed a positive foreign trade year in 2022, with exports reaching almost US$ 100 billion, the highest in historic terms, and a surplus of US$ 2,85 billion. The Central bank stats points out that the US$ 97,5bn exports, a 3% expansion over the previous year was achieved despite a strong drop in the value of the country's main export copper, 14%, and an 18% contraction of overseas sales of the red metal.
Wednesday, January 11th 2023 - 10:13 UTC
Price increases boost Latin American exports in 2022

Latin American exports grew 20% in 2022 due to increases in the price of goods, according to projections featured in a report from the Economic Commission for Latin America and the Caribbean (ECLAC) released this week.
Tuesday, January 10th 2023 - 20:04 UTC
World Bank warns 2023 could be close to global recession

According to the World Bank's “Global Economic Prospects: Latin America and the Caribbean” report, a “sharp and lasting” economic slowdown is to be expected this year, its effects falling “dangerously close” to recession.