Economy

• Monday, March 14th 2022 - 09:00 UTC

  State-Owned Enterprises essential in global recovery, G20 reviews

  

  Former British Prime Minister Tony Blair last week played a key role during discussions in Jakarta regarding global health actions towards a prompt recovery. State-Owned Enterprises (SOEs) were found to be pivotal in this regard. Indonesia this year presides over the G20.

• Saturday, March 12th 2022 - 10:00 UTC

  Paraguayan exports in February show year-on-year growth

  

  Exports of Paraguayan goods in the month of February of 2022 have surpassed those of the same month of the previous year, according to a Central Bank (BCP) report which also showed revenues had reached US$ 1,602.9 million.

• Saturday, March 12th 2022 - 09:51 UTC

  Demonstrators attack Argentine Congress building during IMF deal debate

  

  While Argentina's Lower House was debating the approval of the refinancing agreement with the International Monetary Fund, demonstrators staged several incidents in and around the Congress building in Buenos Aires.

• Friday, March 11th 2022 - 21:46 UTC

  Argentine Lower House passes IMF deal

  

  Argentina's House of Deputies greenlighted the deal reached between the administration of President Alberto Fernández and the International Monetary Fund in the wee hours of Friday by 202 votes in favor, 37 against, and 13 abstentions.

• Friday, March 11th 2022 - 21:44 UTC

  Shortage of affordable groceries reported in Argentina

  

  Shortages of basic products at Argentine supermarkets have been reported Friday, particularly of flour, cooking oil, and dry noodles of the most affordable brands. Media coverage has also outlined a sharp increase in the price of eggs.

• Friday, March 11th 2022 - 09:43 UTC

  Ukraine suspends exports of cereals to avoid a “humanitarian crisis”; strong IMF financial support

  

  Ukraine’s government has suspended rye, barley, wheat, millet, and salt exports until the end of the year, while new rules for overseas sales of corn, buckwheat, sugar, live cattle, and meat have also been established.

• Friday, March 11th 2022 - 08:41 UTC

  Petrobras increases price of fuel for distributors after 57 days

  

  Brazil's Petrobras has increased the price of refined gasoline and diesel for distributors as of March 11. The average price has gone up to R$3.86 (US$ 0.77) for regular fuel and R$4.51 (US$ 0.9) for diesel.

• Thursday, March 10th 2022 - 19:55 UTC

  Argentina less expensive than Uruguay, study shows

  

  According to a study by the Catholic University of Uruguay (UCU), that measured prices in Salto, Uruguay, and Concordia, Argentina, the former turned out to be 130.3% more expensive than the latter, it was reported.

• Thursday, March 10th 2022 - 19:51 UTC

  February inflation in Chile moderates but still high; beware of consequences of the Russia/Ukraine war

  

  Inflation in Chile during February climbed 0,3%, well below market expectations, but still 7,8% in the last twelve months, the highest recorded since November 2008. The release was done by the country's stats institute, INE, and was indeed a positive announcement given the private estimates (0,6% and 0,7%) and the fact that inflation was effectively surging, 1,2% in January.

• Thursday, March 10th 2022 - 09:55 UTC

  Dominican President signs bilateral deals with Argentina in Buenos Aires

  

  Argentine President Alberto Fernández and his Dominican Republic counterpart Luis Abinader Corona Wednesday signed a series of joint agreements during a meeting in Buenos Aires at Casa Rosada.