Economy

• Friday, July 1st 2022 - 10:35 UTC

  Argentina insists Malvinas negotiations with UK are essential if bilateral relations are to advance

  

  On a few occasions and at such level, has Argentina had the opportunity to say that if the relation between Argentina and UK is to increase, first we must address the Falklands/Malvinas question, otherwise “that relation will not advance”.

• Friday, July 1st 2022 - 09:53 UTC

  Ecuadorian gov't and indigenist protesters reach agreement to lift strike

  

  The Ecuadorian administration of President Guillermo Lasso and indigenist demonstrators have agreed to lift the current series of protests following a cut in the price of fuel, it was reported in Quito.

• Thursday, June 30th 2022 - 19:58 UTC

  Chile reducing unemployment, albeit slowly

  

  Chile's National Institute of Statistics (INE) Wednesday released a report showing a 7.8% unemployment rate for the March/May 2022 quarter, a 0.1% turn for the worse when compared to the February-April period, although, overall, nearly 96% of the jobs lost during the COVID-19 pandemic have been recovered.

• Wednesday, June 29th 2022 - 23:39 UTC

  Uruguayan peso keeps growing against US dollar

  

  While the Argentine peso keeps losing ground against the US dollar, just the opposite is going on across the River Plate, where the Uruguayan currency is stronger every day, having undergone a 12.4% appreciation so far this year.

• Wednesday, June 29th 2022 - 10:08 UTC

  Russia endorses Argentine, Iran joining BRICS

  

  Russia's Foreign Minister Sergey Lavrov Tuesday said his country would welcome the enlargement of the BRICS bloc made up of Brazil, Russia, India, China, and South Africa by adding Argentina and Iran to the list of member nations.

• Wednesday, June 29th 2022 - 09:57 UTC

  IMF wires nearly US$ 4bn to Argentina's coffers

  

  The International Monetary Fund (IMF) has wired US$ 3,980 million to Argentina, thus boosting the country's reserves to US$ 42,139 million, it was reported in Buenos Aires.

• Wednesday, June 29th 2022 - 09:43 UTC

  Job creation on the rise, Brazilian report shows

  

  Brazil has recorded the creation of 277,018 new formal jobs in May this year, according to a Labor Ministry report released Tuesday.

• Tuesday, June 28th 2022 - 09:45 UTC

  Uruguay foresees economic growth, job creation and tax cuts

  

  Uruguay's Economy Minister Azucena Arbeleche Monday said the Government foresees a 4.8% growth in 2022 and the creation of 40,000 jobs, which would make the lowering taxes feasible.

• Tuesday, June 28th 2022 - 09:40 UTC

  Unemployment for skilled laborers finds new ground in Argentina

  

  The German magazine Der Spiegel published back in 1993 an issue with a drawing on its cover mentioning “Dr. Arbeitslos” (Dr. Unemployed) which reported on the dubious future of holders of post-graduate degrees in a labor market that seemed to have no need for them.

• Tuesday, June 28th 2022 - 09:31 UTC

  BCB head says worst part of inflation in Brazil is over

  

  Brazil's Central Bank (BCB) CEO Roberto Campos Neto said Monday that the worst part of inflation in his country was over, after the proper tools to curb the process had been taken.