Economy

Friday, August 19th 2022 - 10:15 UTC
Superminister Massa says unemployment in Argentina is 6.7%

Argentina's Economy Minister Sergio Massa said Thursday during an event at the Council of the Americas that unemployment had fallen to 6.7%. He added that his country had an enormous amount of resources, but it was not rich, although it was full of rich people.
Friday, August 19th 2022 - 09:39 UTC
Foreign ministers of Chile, China highlight bilateral ties and FTA

While Europe plans to take steps to rebuild its ties with Latin America after Moscow and Beijing sneaked in as the region's new most important partners, the Foreign Ministers of China and Chile held a telephone conversation earlier this week, it was reported.
Thursday, August 18th 2022 - 20:45 UTC
EU working to stop Russian, Chinese expansion in Latin America

The European Union has noticed of Russia's and China's advancements in Latin America and is devising a series of measures to counter those effects and avoid losing its traditional partners, it was reported.
Thursday, August 18th 2022 - 09:19 UTC
Uruguay's economy shows drop in sales

Uruguay's domestic trade has recorded a 5.3% drop in sales of products and services during the second quarter of 2022, the Chamber of Commerce and Services reported Wednesday.
Thursday, August 18th 2022 - 09:02 UTC
Argentine unions, social groups demand favorable gov't actions

Argentine unionist groups and social organizations took over the streets of Buenos Aires Wednesday causing traffic jams during office hours as they protested against rising inflation and unemployment and the deterioration of living conditions in general under the administration of President Alberto Fernández.
Wednesday, August 17th 2022 - 09:35 UTC
UK launches scheme to cut import tariffs from developing countries

Britain in its post-Brexit policy strategy has launched a new scheme to cut tariffs on hundreds of products imported to the United Kingdom from developing countries.
Wednesday, August 17th 2022 - 09:01 UTC
US: Biden signs Inflation Reduction Act into law

US President Joseph Biden Tuesday signed into law his Inflation Reduction Act concerning growing prices inflation, climate change, and other targets, which. He said it was one of the ”most significant laws in our history.
Tuesday, August 16th 2022 - 20:30 UTC
Brazilian port of Santos handles growing volumes of trade

The state-owned Santos Port Authority (SPA) reported over the weekend that volumes handled through the largest seaport in Brazil grew 2.3% between April and June of 2022, reaching 42 million tons of goods.
Tuesday, August 16th 2022 - 08:34 UTC
Argentine exports reach historic highs

Argentina has shipped exports worth an all-time high of US$ 44 billion in the first half of 2022, according to Foreign Ministry data, it was reported Monday.
Monday, August 15th 2022 - 09:47 UTC
Three companies agree with Argentina to develop offshore Tierra del Fuego gas deposit

Argentina and a consortium of three international oil companies signed an agreement by which the Fenix gas field at the San Sebastián Bay will be developed in two years time with an investment of US$ 700 million. The agreement includes a decree which reinstates benefits for the hydrocarbons industry, particularly new undertakings as contemplated in Law 19,640.