Economy

• Monday, April 11th 2022 - 09:00 UTC

  World food commodity prices 33,6% higher than in March 2021, FAO report

  

  World food commodity prices made a significant leap in March to reach their highest levels ever, as war in the Black Sea region spread shocks through markets for staple grains and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported.

• Saturday, April 9th 2022 - 08:20 UTC

  Chile's inflation for March above market projections

  

  For a month that began under one president and finished under the new one, Chile's inflation for March of 2022 reached 1.9%, slightly above market projections of up to 1.4%.

• Saturday, April 9th 2022 - 08:08 UTC

  Petrobras lowers price of cooking gas

  

  Brazil's state-run Petrobras Friday announced a reduction in the price of Liquefied Petroleum Gas (LPG) sold to distributors and which is used for cooking and heating in households.

• Saturday, April 9th 2022 - 07:33 UTC

  Brazil's overall crop expected to reach 258,9 million tons

  

  IBGE, the Brazilian Institute of Geography and Statistics cut the country's cereals, pulses, and oilseeds output estimate. According to the Statistics of Agricultural Production, conducted in March, Brazil will harvest an output of 258.9 million tons in 2022, 1% below (2.7 million tons less) than anticipated in February.

• Friday, April 8th 2022 - 09:55 UTC

  Argentina: Wage bargaining cushions margin to fight inflation

  

  Argentine labor unions are negotiating wage adjustments of around 60% in an attempt to outpace the country's rampant inflation, it was reported in Buenos Aires.

• Friday, April 8th 2022 - 09:19 UTC

  Venezuela's monthly inflation stays within one-digit figures

  

  Venezuela's economic authorities have reported one-digit monthly inflation once again for a country that had grown accustomed to astronomic figures. However, independent observers consider this data to be absurd.

• Wednesday, April 6th 2022 - 09:47 UTC

  Uruguay's ANCAP makes US$ 88 million profit in 2021

  

  After several adjustments in the price of fuel, Uruguay's state-run oil company ANCAP reaped profits worth US$ 88 million, authorities from the petrol supplier reported Tuesday in Montevideo.

• Wednesday, April 6th 2022 - 09:32 UTC

  Paraguay advised to monitor inflation and tackle State spending

  

  The International Monetary Fund (IMF) has issued a recommendation to the Government of Paraguay IMF to keep an eye on inflation and move forward with structural reforms in addition to improving State spending.

• Tuesday, April 5th 2022 - 20:10 UTC

  Greece pays up IMF financial bailouts

  

  Greece has paid up its debt with the International Monetary Fund (IMF) after three assistance programs amounting to US$ 35 billion between 2010 and 2015, it was reported Tuesday.

• Tuesday, April 5th 2022 - 09:36 UTC

  Bolsonaro still unable to find new Petrobras chief

  

  Brazilian Economist Adriano Pires has turned down President Jair Bolsonaro's offer to chair the state-run oil company Petrobras after dismissing General Joaquim Silva e Luna, who repeatedly adjusted the price of fuel against the head of state's recommendations.