Economy

Saturday, August 13th 2022 - 03:32 UTC
Former Economy Minister wants Argentines to retire older

Former Argentine Economy Minister Nicolás Dujovne said people should retire at age 68, regardless of their sex, in a country where under current legislation men do so at 65 and women at 60.
Friday, August 12th 2022 - 10:30 UTC
Hectic July shoots up Argentina's inflation

After having almost three economy ministers in one month, it was no surprise to see Thursday that July's inflation was the highest since 2002, as the National Institute of Statistics and Census (Indec) released its latest report.
Friday, August 12th 2022 - 09:32 UTC
BCRA raises interest rates to bring down inflation projections

Argentina's Central Bank (BCRA) Thursday decided on a sharp rise in interest rates to calm down inflation projections. The measure was taken before data for July 2022 was released later in the day.
Thursday, August 11th 2022 - 09:53 UTC
IMF Chief ratifies agency's support to Argentina

International Monetary Fund (IMF) Managing Director Kristalina Georgieva congratulated Argentina's Economy Minister Serio Massa on his appointment and ratified the agency's support for the country's recovery, it was reported Wednesday.
Thursday, August 11th 2022 - 09:37 UTC
Retail sales drop but use of credit cards grows in Brazil

While according to Brazil's Insitute of Geography and Statistics (IBGE), retail sales fell below expectations in June, payments with credit and debit cards were on the rise, it was reported Wednesday.
Thursday, August 11th 2022 - 09:24 UTC
Argentine MSMEs reach record exports in first semester of 2022

Argentine Micro, Small and Medium-sized Enterprises (MSMEs) have reached peak export figures during the first semester of 2022.
Wednesday, August 10th 2022 - 10:55 UTC
Uruguayan Central Bank to commemorate Andes survivors

Uruguay's Central Bank is to mint 5,000 coins to commemorate the so-called Miracle of the Andes, the survival of 16 passengers of Air Force transport Flight 571 aircraft that crashed on its way to Chile Oct. 13 1972.
Wednesday, August 10th 2022 - 10:39 UTC
Brazil's inflation for July 2022 best in 42 years

Brazil's Institute of Geography and Statistics Tuesday released its monthly price index report for the month of July, which returned negative figures, in line with Central Bank projections that inflation was slowing down.
Wednesday, August 10th 2022 - 09:52 UTC
Mercosur consolidates as the leading global exporter of beef

Mercosur is again consolidating as the leading global exporter of beef with shipments of almost 1,8 million tons during the first half of the year, according to primary information from different sources. Brazil, Uruguay, Argentina and Paraguay in that order were the main suppliers.
Tuesday, August 9th 2022 - 08:53 UTC
Chilean exports boosted by non-copper items

Chile's Undersecretariat for International Economic Relations (Subrei) Monday announced that, according to Central Bank data, the country's exports grew 10.2% year-on-year between January and July 2022.