Economy

Wednesday, August 17th 2022 - 09:35 UTC
UK launches scheme to cut import tariffs from developing countries

Britain in its post-Brexit policy strategy has launched a new scheme to cut tariffs on hundreds of products imported to the United Kingdom from developing countries.
Wednesday, August 17th 2022 - 09:01 UTC
US: Biden signs Inflation Reduction Act into law

US President Joseph Biden Tuesday signed into law his Inflation Reduction Act concerning growing prices inflation, climate change, and other targets, which. He said it was one of the ”most significant laws in our history.
Tuesday, August 16th 2022 - 20:30 UTC
Brazilian port of Santos handles growing volumes of trade

The state-owned Santos Port Authority (SPA) reported over the weekend that volumes handled through the largest seaport in Brazil grew 2.3% between April and June of 2022, reaching 42 million tons of goods.
Tuesday, August 16th 2022 - 08:34 UTC
Argentine exports reach historic highs

Argentina has shipped exports worth an all-time high of US$ 44 billion in the first half of 2022, according to Foreign Ministry data, it was reported Monday.
Monday, August 15th 2022 - 09:47 UTC
Three companies agree with Argentina to develop offshore Tierra del Fuego gas deposit

Argentina and a consortium of three international oil companies signed an agreement by which the Fenix gas field at the San Sebastián Bay will be developed in two years time with an investment of US$ 700 million. The agreement includes a decree which reinstates benefits for the hydrocarbons industry, particularly new undertakings as contemplated in Law 19,640.
Saturday, August 13th 2022 - 03:32 UTC
Former Economy Minister wants Argentines to retire older

Former Argentine Economy Minister Nicolás Dujovne said people should retire at age 68, regardless of their sex, in a country where under current legislation men do so at 65 and women at 60.
Friday, August 12th 2022 - 10:30 UTC
Hectic July shoots up Argentina's inflation

After having almost three economy ministers in one month, it was no surprise to see Thursday that July's inflation was the highest since 2002, as the National Institute of Statistics and Census (Indec) released its latest report.
Friday, August 12th 2022 - 09:32 UTC
BCRA raises interest rates to bring down inflation projections

Argentina's Central Bank (BCRA) Thursday decided on a sharp rise in interest rates to calm down inflation projections. The measure was taken before data for July 2022 was released later in the day.
Thursday, August 11th 2022 - 09:53 UTC
IMF Chief ratifies agency's support to Argentina

International Monetary Fund (IMF) Managing Director Kristalina Georgieva congratulated Argentina's Economy Minister Serio Massa on his appointment and ratified the agency's support for the country's recovery, it was reported Wednesday.
Thursday, August 11th 2022 - 09:37 UTC
Retail sales drop but use of credit cards grows in Brazil

While according to Brazil's Insitute of Geography and Statistics (IBGE), retail sales fell below expectations in June, payments with credit and debit cards were on the rise, it was reported Wednesday.