Economy

Monday, May 23rd 2022 - 08:56 UTC
Uruguayan President lands in London

Uruguay's President Luis Lacalle Pou has arrived in London to meet with Prime Minister Boris Johnson and Crown Prince Charles of Wales during his 3-day stay.
Sunday, May 22nd 2022 - 05:25 UTC
President of Uruguay left for the UK on his first visit to Europe: will meet with Prince Charles, Boris Johnson

The President of Uruguay, Luis Lacalle Pou, traveled this Saturday to London for an official visit to the country, which will last until May 24. Lacalle Pou will be received by Prince Charles and United Kingdom’s Prime Minister, Boris Johnson on Monday 23rd.
Saturday, May 21st 2022 - 07:45 UTC
Queues of vessels waiting to cross the Panama Canal as post pandemic global trade picks up

Global transportation bottlenecks that have surged since the pandemic have shaken industries, consumers, deliveries, and prices. Clear evidence of this can be seen in the current Panama Canal queues of vessels.
Friday, May 20th 2022 - 19:22 UTC
Bachelet insists the most vulnerable sectors need more attention

Former Chilean President Michelle Bachelet said this week during a forum in Panama City that promoting a ceasefire in the armed conflict between Russia and Ukraine was essential in order for vulnerable populations to recover from the impact caused by higher prices in energy and food.
Thursday, May 19th 2022 - 20:22 UTC
Paraná downspout means heavy losses for Argentine exports

A most unusual low water level of the Paraná river has caused losses of nearly US$ 280 million so far in 2022 to Argentine rural producers and exporters, it was reported.
Thursday, May 19th 2022 - 09:35 UTC
China building a new port and industrial hub in Peru, US$ 3bn investment, 55kms north of Lima

Global chain transport challenges, the war in Ukraine, and following two years of lockouts caused by the Covid 19 pandemic have caused many disruptions to normal trade and China has thus embarked in a major project building a new port along the Peruvian coast to help boost trade along the Pacific rim.
Thursday, May 19th 2022 - 09:15 UTC
Brazilian government lowers tariffs on eleven products to help with inflation

The Brazilian government facing the inflationary challenge, as in most of the rest of the world, and particularly when it comes to food prices and the millions of Brazilians who survive on a daily ration, has decided to temporarily reduce tariffs on eleven products. The decree came into effect on May 12 and will continue until the end of the year.
Thursday, May 19th 2022 - 08:58 UTC
April inflation in UK, highest in 40 years with worsening prospects before it moderates

The United Kingdom's cost of living worsening situation was confirmed by April's inflation rate which soared to a 40-year high of 9% boosted by food and energy prices.
Wednesday, May 18th 2022 - 09:58 UTC
Uruguay central bank increases rate, anticipates a 'contractive monetary policy' to combat inflation

Uruguay's central bank on Tuesday announced an increase of 75 basis points to 9,25%, in its monetary policy reference rate, meaning also the bank has entered the contractive phase, as so many other Latin American central banks, in an effort to rein in inflation.
Tuesday, May 17th 2022 - 09:40 UTC
Stockholm will try to lift Turkey's objection to Sweden's NATO membership

NATO secretary-general Jens Stoltenberg has said that Sweden and Finland's applications to join the alliance will be fast-tracked. Explaining the decision behind her country's intention to become a member, Swedish Prime Minister Magdalena Andersson said abandoning decades of political neutrality was a direct result of the Russian invasion of Ukraine.