Economy

• Thursday, August 11th 2022 - 09:24 UTC

  Argentine MSMEs reach record exports in first semester of 2022

  

  Argentine Micro, Small and Medium-sized Enterprises (MSMEs) have reached peak export figures during the first semester of 2022.

• Wednesday, August 10th 2022 - 10:55 UTC

  Uruguayan Central Bank to commemorate Andes survivors

  

  Uruguay's Central Bank is to mint 5,000 coins to commemorate the so-called Miracle of the Andes, the survival of 16 passengers of Air Force transport Flight 571 aircraft that crashed on its way to Chile Oct. 13 1972.

• Wednesday, August 10th 2022 - 10:39 UTC

  Brazil's inflation for July 2022 best in 42 years

  

  Brazil's Institute of Geography and Statistics Tuesday released its monthly price index report for the month of July, which returned negative figures, in line with Central Bank projections that inflation was slowing down.

• Wednesday, August 10th 2022 - 09:52 UTC

  Mercosur consolidates as the leading global exporter of beef

  

  Mercosur is again consolidating as the leading global exporter of beef with shipments of almost 1,8 million tons during the first half of the year, according to primary information from different sources. Brazil, Uruguay, Argentina and Paraguay in that order were the main suppliers.

• Tuesday, August 9th 2022 - 08:53 UTC

  Chilean exports boosted by non-copper items

  

  Chile's Undersecretariat for International Economic Relations (Subrei) Monday announced that, according to Central Bank data, the country's exports grew 10.2% year-on-year between January and July 2022.

• Tuesday, August 9th 2022 - 08:47 UTC

  Brazil's cities have more poor people

  

  The number of people below the line of poverty in Brazil's 22 largest cities has reached 19.8 million in 2021, it was reported Monday by the Pontifical Catholic University of Rio Grande do Sul (PUCRS), the Metropolis Observatory, and the Network of Observatories of Social Debt in Latin America (RedODSAL).

• Tuesday, August 9th 2022 - 08:24 UTC

  South African business analyst joins Falklands Development Corporation

  

  Talent Muzambi joins the Falkland Islands from South Africa, with a wealth of education and over 26 years’ work experience.

• Tuesday, August 9th 2022 - 08:13 UTC

  Political turmoil making Uruguay investment alternative option for Chilean business people

  

  Uruguay is becoming a growing option for Chilean business people and investors given the political climate and favorable economic scenario of the Mercosur member, while conditions in the Pacific nation are rapidly deteriorating under political stress and adverse conditions for business, according to Santiago economic media.

• Tuesday, August 9th 2022 - 08:06 UTC

  Inflation in Chile at its highest level since March 1994

  

  As is happening in the rest of the world, there is no yielding from inflation in Chile, once the showcase of political stability and orthodox economics in Latin America. In effect, the July CPI climbed 1,4% with 8,5% in seven months, and the annual rate reached 13,1% the highest level since March 1994.

• Tuesday, August 9th 2022 - 07:59 UTC

  UK energy prices: record number of people stole electricity last year; another hefty rise in October

  

  The energy situation is hitting UK consumers and figures released by the Home Office show that a record number of people stole electricity in England and Wales last year.