Economy

• Tuesday, February 14th 2023 - 10:49 UTC

  Brazilian markets relief: Lula da Silva will respect Central Bank's autonomy

  

  Brazil’s Real remained stable after one of President Luiz Inácio Lula da Silva’s cabinet members said the administration will respect a law that gives autonomy to the central bank despite the president’s growing attacks against the monetary authority.

• Tuesday, February 14th 2023 - 10:33 UTC

  January inflation in Argentine higher than expected

  

  Argentine authorities are admitting that inflation in January of 2023 was “high” and that in that scenario meeting the targets agreed upon with the International Monetary Fund (IMF) will not be easy. At the same time, Economy Ministry teams were reported to be planning new batches of measures to reverse the negative impact of prices going up, it was reported in Buenos Aires.

• Tuesday, February 14th 2023 - 10:16 UTC

  UK economy, Brexit and the productivity slowdown controversy

  

  Jonathan Haskel, an external member of the Bank of England monetary policy committee, said a wave of investment “stopped in its tracks” in 2016 following the Brexit vote.

• Monday, February 13th 2023 - 14:39 UTC

  Falklands and Gibraltar in Spanish List of tax havens and alleged money laundering

  

  The Falklands/Malvinas and Gibraltar figure among the latest list of countries and territories, which are considered tax havens by the Spanish Government, allegedly involved in money laundering operations, following on the latest international concept of non-cooperative jurisdiction in the matter.

• Monday, February 13th 2023 - 10:03 UTC

  Mercosur-Singapore free trade agreement coming up?

  

  Under Argentina's pro-tempore presidency, Mercosur will try to clinch a Free Trade Agreement (FTA) with Singapore, according to Palacio San Martín (Foreign Ministry) sources quoted by BAE Negocios. The Alberto Fernández administration is particularly eager to show results, the report also said.

• Saturday, February 11th 2023 - 15:48 UTC

  Brazil, free of avian flu, so far, exported a record 421.000 tons of poultry meat in January

  

  With poultry prices soaring (a dozen of eggs in California reached eight dollars, yes eight dollars and climbing) because of the intense culling of millions of chickens caused by the avian flu, no wonder then than poultry meat exports from Brazil during January reached 420.900 tons, up 20.6% compared to the same period of the previous year and a record for the month, claimed the ABPA (Brazilian Association of Animal Protein) this week.

• Saturday, February 11th 2023 - 15:46 UTC

  “Tight money ahead for months to come”, anticipates the UD Fed unpleased with inflation

  

  The United States Federal Reserve is not satisfied with the evolution of inflation in the country and has warned the fight is not over, and could possibly result in higher interest rates that those markets are anticipating and despite of growing fears they could lead to a recession.

• Saturday, February 11th 2023 - 11:10 UTC

  Despite war in Ukraine and the Chinese lockdown, Brazilian ports overall had a positive performance

  

  Despite the negative effects of a hectic year with unexpected events such as the war between Russia and Ukraine and the lockdowns imposed by China throughout 2022, Brazilian ports handled 1.209 billion tons last year. The figure was released by the National Waterway Transport Agency (Antaq), this month in Brasília.

• Friday, February 10th 2023 - 09:52 UTC

  Factsheet on trade and investment statistics between Falklands and UK in 2022

  

  The following factsheet provides the latest statistics on trade and investment between the UK and Falkland Islands.

• Thursday, February 9th 2023 - 10:30 UTC

  Brazil concerned with the concentration of its foreign trade: few products and volumes mostly to China

  

  In the last ten years, up until 2021, Brazilian export to China grew at a greater rate that those to rest of the world. From 2012 to 2021, China’s importance as an export destination for the five regions in which Brazil is divided grew exponentially, and of the 27 federal states, 21 saw their sales to China grow above the expansion of their sales to the world. In the period, however, the export basket was negatively concentrated around a few primary products.