Economy

• Thursday, September 1st 2022 - 09:43 UTC

  Venezuelan teachers and senior citizens stage yet another protest

  

  A group of pensioners and teachers marched Wednesday again through the streets of Caracas to protest against their meager income and to demand the payment of overdue adjustments and bonuses agreed upon through collective bargaining with President Nicolás Maduro's administration.

• Wednesday, August 31st 2022 - 18:27 UTC

  Unemployment in Brazil matches record lows

  

  Unemployment in Brazil continues to fall, hitting record lows, according to a report released Wednesday by the Brazilian Institute of Geography and Statistics (IBGE).

• Wednesday, August 31st 2022 - 10:44 UTC

  Expo Prado, Uruguay's largest agricultural fair, now without sanitary restrictions: here's everything you need to know

  

  For the first time in almost three years, the International Livestock Exposition will return in a new edition that will be held as it was before the pandemic, without sanitary restrictions, and in the same place: the Rural del Prado in Montevideo.

• Wednesday, August 31st 2022 - 10:10 UTC

  Uruguayan economic growth expected to continue

  

  Uruguay's Central Bank (BCU) President Diego Labat said Tuesday that he expected economic growth to remain steady and heralded that inflation by the end of 2022 will be below the level “we have today.”

• Wednesday, August 31st 2022 - 09:42 UTC

  Brazil, US to deepen bilateral trade

  

  Brazil and the United States have taken yet another step toward reducing non-tariff barriers in bilateral trade, it was reported Tuesday after a statement was released Tuesday in Brasilia.

• Wednesday, August 31st 2022 - 09:33 UTC

  Bolsonaro makes promises for next year

  

  Brazil's President Jair Bolsonaro Tuesday says he would readjust the salary of civil servants in 2023, although, to do that beyond January 1, he would have to be reelected in October.

• Tuesday, August 30th 2022 - 10:16 UTC

  All fuel prices in Brazil down, thanks to Petrobras and tax reductions

  

  A survey from Brazil's National Oil, Gas and Bio-fuels Agency, ANP, showed that the average price for a liter of gasoline in service stations across Brazil had dropped 2,77%, and this way the price is now R$ 5,25 this week, the lowest it has been since February 2021.

• Tuesday, August 30th 2022 - 09:59 UTC

  Rubinstein denies Argentina plans 50% devaluation

  

  Argentina's Deputy Economy Minister Gabriel Rubinstein Monday denied rumors of a 50% devaluation of the local peso against the US dollar that had gone viral in Buenos Aires' financial circles.

• Saturday, August 27th 2022 - 09:51 UTC

  Federal Reserve pledges to keep lowering inflation, “until we are confident the job is done”

  

  The chairman of the Federal Reserve, Jerome Powell said on Friday that the job of lowering inflation is not done, and “we will keep at it until we are confident the job is done”. Powell was speaking at the Fed's annual conference in Jackson Hole, Wyoming, an event closely followed by markets and pundits, trying to anticipate future actions.

• Saturday, August 27th 2022 - 09:15 UTC

  Brazil estimates a grains and oilseeds 2022/23 harvest of 308 million tons

  

  Brazil's government CONAB, (National Supply Company) anticipated that the 2022/23 grains and oil seeds harvest would reach 308 million tons, given the good performance and strong international demand for corn, soybean, rice, beans and cotton.