Economy

• Thursday, September 15th 2022 - 19:20 UTC

  Brazil's economic activity going up, Central Bank index shows

  

  Brazil's economy jumped 1.17% in July from June's figures, according to the Central Bank's Economic Activity Index (IBC-Br) released Thursday based on seasonally adjusted data.

• Thursday, September 15th 2022 - 10:43 UTC

  Argentina/IMF: minister Massa pledges targets of program remain unchanged

  

  The Managing Director of the International Monetary Fund, Kristalina Georgieva, met this week with Sergio Massa, Minister of Economy of Argentina, in Washington D.C. The meeting took place after a fruitful week of face-to-face technical meetings in the context of the second review of the program under the IMF’s Extended Arrangement with Argentina. After the meeting, Ms. Georgieva issued the following statement:

• Thursday, September 15th 2022 - 10:40 UTC

  Uruguayan labor unions staging nationwide strike

  

  Uruguay's Plenario Intersindical de Trabajadores (PIT-CNT) general labor union has called for a 24-hour general strike Thursday to protest against wage cuts, high costs and social security reform.

• Thursday, September 15th 2022 - 10:35 UTC

  UN concerned shortage of fertilizers might affect global food supply

  

  United Nations Secretary-General Antonio Guterres Wednesday discussed the issue of fertilizers and food exports with Russian President Vladimir Putin, it was reported.

• Thursday, September 15th 2022 - 10:15 UTC

  Fuel prices help tame, slightly, UK August inflation but food prices keep soaring

  

  The United Kingdom consumer price index rose 9.9% annually in August, compared to 10,1% in July, according to estimates published on Wednesday by the Office for National Statistics, below a consensus forecast of 10.2%, but food prices continued to rise at its fastest pace since 2008.

• Tuesday, September 13th 2022 - 10:55 UTC

  Massa clinches IMF deal pending board approval

  

  Argentina's Superminister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristialina Georgieva Monday reached an agreement for a US$ 4 billion loan for the country's Central Bank (BCRA).

• Tuesday, September 13th 2022 - 10:04 UTC

  UK unemployment in Q2 at its lowest level since 1974: 3,6%

  

  United Kingdom unemployment rate fell to its lowest level since 1974 in the three months to July, latest official figures show. The jobless rate fell to 3.6% over the period, according to the Office for National Statistics (ONS).

• Monday, September 12th 2022 - 10:07 UTC

  Argentina formalizes its BRICS membership application

  

  Argentina has sent a BRICS' formal membership application to Chinese authorities this week. Beijing since last June current holds the chair of the Brazil, Russia, India, China and South African powerful trade and cooperation block

• Saturday, September 10th 2022 - 10:35 UTC

  Latin America growth not looking bright for Moody's in 2023

  

  Credit rating consultants Moody's has warned that inflation and political risk will undermine Latin America's growth through 2023 amid recession both globally and in the region's main economies.

• Friday, September 9th 2022 - 09:25 UTC

  Carlos Slim wants fewer working days and retirement not before 75 years

  

  Mexican tycoon Carlos Slim insisted earlier this month on the need to cut down the working week to 3 days and said 75 was the right age for retirement.