Economy

• Saturday, August 20th 2011 - 06:52 UTC

  Latam markets follow world trend but fall less than the US and EU

  

  Latin American stocks fell on Friday as deepening fears of a US recession and a wider financial crisis that could result from Europe's debt troubles kept investors cautious.

• Saturday, August 20th 2011 - 06:45 UTC

  Argentine industry says ‘inflation’ is main issue to address by next government

  

  Argentina’s powerful Industrial Union (UIA) warned that if President Cristina Fernandez de Kirchner is re-elected next October one of the top issues of her agenda will be taking action in order to control “a concerning inflation”.

• Saturday, August 20th 2011 - 06:37 UTC

  Feisty Uruguay wins respect from neighbours and investors

  

  The following feature piece from Reuters written by Hillary Burke and Malena Castaldi gives an idea of Uruguay’s international standing.

• Saturday, August 20th 2011 - 06:34 UTC

  Argentina’s industrial output in July could be feeling the Brazilian pinch

  

  In spite of the good overall performance of the Argentine economy with annual growth estimated at 8.2%, industrial output had a lower showing and climbed 7.6% in July over the same month last year, according to the Industrial Monthly Estimator, EMI.

• Saturday, August 20th 2011 - 06:30 UTC

  Consumers’ inflation expectation in Argentina remains steady at 25%, says UTDT

  

  Argentina's 12-month inflation expectations were unchanged for a sixth straight month in August, according to a closely watched survey published by the Torcuato Di Tella University.

• Saturday, August 20th 2011 - 06:28 UTC

  Argentine economy steams ahead at an annual rate of 8.2% in June

  

  Argentina's economy grew by a wide margin in June on the back of a consumer spending spree and solid demand for the country's grains and manufactured goods overseas, according to the national statistics office, Indec.

• Saturday, August 20th 2011 - 06:26 UTC

  “Years to lower unemployment” with US economy so slow, says Fed member

  

  The United States economy is growing so slowly that it will take years to wrench lofty unemployment rates back to normal levels, Cleveland Federal Reserve Bank President Sandra Pianalto said.

• Saturday, August 20th 2011 - 06:21 UTC

  Corn boom forecasted in Argentina as the grain most resilient to quotas’ system

  

  Argentina is undergoing a “corn planting boom” because of its more diversified market opportunities which help to ease the full impact of the export quotas system imposed by the government of Cristina Fernandez.

• Friday, August 19th 2011 - 09:43 UTC

  Asian stocks down as economic uncertainty expands world wide

  

  Asian stocks fell on Friday, following the trend on global markets, on continuing worries that the US economy could slide back into recession and the Euro debt crisis remains latent.

• Friday, August 19th 2011 - 09:38 UTC

  Chilean central bank ends hike cycle early and keeps key rate unchanged

  

  The Chilean central bank held its benchmark rate steady at 5.25% on Thursday for a second month running as inflation expectations ease and the global outlook darkens, boosting bets it has ended its rate hike cycle early.