Economy

• Monday, December 19th 2022 - 10:03 UTC

  Strike at most Brazilian airports still on after court proposal rejected

  

  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).

• Saturday, December 17th 2022 - 09:51 UTC

  “Soybean dollar 2” working as planned for Argentine authorities

  

  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.

• Saturday, December 17th 2022 - 07:15 UTC

  Argentine beef exports down for three months running, with prices dropping 20% since April

  

  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).

• Friday, December 16th 2022 - 13:58 UTC

  Uruguay-United States relations promise “a lot of development possible”

  

  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.

• Friday, December 16th 2022 - 09:35 UTC

  Uruguay's economy unchanged since second quarter of 2022

  

  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.”

• Friday, December 16th 2022 - 08:36 UTC

  Argentina's inflation for November set at 4.9%

  

  Argentina's Consumer Price Index (CPI) rose 4.9% in November for an accumulated 85.3% in the first eleven months of the year, according to a report released Thursday by the National Institute of Statistics and Census (Indec).

• Friday, December 16th 2022 - 08:10 UTC

  ECLAC reports economic slowdown for 2022; will be worse next year

  

  The Economic Commission for Latin America and the Caribbean (ECLAC) forecast Thursday that Latin American and Caribbean countries will grow 3.7% in 2022, which represents a setback from last year's 6.7%.

• Thursday, December 15th 2022 - 19:19 UTC

  US/Chile Chamber of Commerce warns rampant crime activity threatens interest of foreign investors

  

  The storming of a depot belonging to a sales company, beating up employees, and causing considerable damage to the building and offices has caused not only an impact on Chilean public opinion but also a strong reply from the American-Chile Chamber of Commerce.

• Thursday, December 15th 2022 - 11:47 UTC

  Fed raises interest rates by 50 points to 4,5%, but US inflation at 7,11% is still far from the 2% target

  

  In a unanimous decision the United States Federal Reserve FOMC raised interest rates by half a percentage point on Wednesday, as it continues to battle a stubborn inflation, but the increase was lower than the three-quarter point which it had implemented seven times since last March, from zero to 4,5%.

• Thursday, December 15th 2022 - 11:25 UTC

  Argentine President reviews first three years of his administration

  

  Argentine President Alberto Fernández insisted Wednesday that his country was one that “grew and is growing” after having “gone through some of the worst storms.”