Economy

• Tuesday, February 10th 2026 - 05:01 UTC

  UK appoints Cost of Living Champion to help poorest families and their energy bills

  

  British Prime Minister Keir Starmer has directly appointed Lord Richard Walker as the Government’s Cost of Living Champion. Lord Richard Walker will work across Government while enhancing partnerships with businesses, regulators, and a broad range of organizations to consider how the whole of Government can go further to deliver on its priority of easing the cost of living for families.

• Tuesday, February 10th 2026 - 04:25 UTC

  Argentina faces ARS 10 trillion maturities as Treasury sets Feb. 11 debt auction menu

  

  Argentina’s Economy Ministry published the instrument menu for the Feb. 11 debt auction, closely watched by markets given the size of maturities: nearly ARS 10 trillion (around USD 7 million), about ARS 9 trillion of which is held by private investors.

• Monday, February 9th 2026 - 04:09 UTC

  Argentina regulates ‘Inocencia Fiscal’ to bring ‘mattress dollars’ into the banking system

  

  Argentina’s government has issued the implementing rules for its Inocencia Fiscal law, formally activating a voluntary Simplified Income Tax Regime (RSG) aimed at encouraging taxpayers to bring undeclared savings —popularly known as “mattress dollars”— into the formal economy, while shifting enforcement toward compliance “going forward.”

• Saturday, February 7th 2026 - 00:53 UTC

  Trump sets 25% “secondary” tariff to squeeze trade with Iran

  

  U.S. President Donald Trump signed an executive order authorizing an additional 25% tariff on imports from countries that buy Iranian goods or services, expanding Washington’s economic pressure campaign beyond direct sanctions on Tehran.

• Friday, February 6th 2026 - 21:43 UTC

  Falklands Development Corporation contracts Strategic Projects Manager

  

  The Falkland Islands Development Corporation, FIDC, has announced that Sam Cockwell has joined the team as Strategic Projects Manager. The FIDC is the economic development agency for the Falklands in 1983 in response to the Shackleton Report.

• Friday, February 6th 2026 - 15:41 UTC

  FAO word food commodity prices declined in January 26 for fifth month running

  

  World food commodity prices declined in January 2026 for the fifth consecutive month, led by lower international quotations for dairy, sugar and meat products, according to the benchmark report released by the UN Food and Agriculture Organization.

• Friday, February 6th 2026 - 02:19 UTC

  Bank of England keep interest rate on hold at 3,75%

  

  The Bank of England’s Monetary Policy Committee (MPC) voted by a narrow 5-4 margin to keep interest rates on hold at 3,75%. In its first meeting of 2026, four members voted to reduce the benchmark interest rate by 25 basis points. Markets reacted positively with sterling at US$ 1,36.

• Wednesday, February 4th 2026 - 02:51 UTC

  Argentine shares slide in New York as country risk climbs above 500 points

  

  Argentine stocks and hard-currency bonds fell on Tuesday, hit by a risk-off turn in global markets and fresh domestic uncertainty tied to the stalled overhaul of inflation measurement following Marco Lavagna’s departure from INDEC.

• Tuesday, February 3rd 2026 - 22:12 UTC

  Uruguay’s peso the most “overvalued” currency as it tops Big Mac index ranking

  

  Uruguay’s peso has been labelled the world’s most “overvalued” currency against the U.S. dollar on a GDP-per-capita-adjusted basis, according to the latest Big Mac Index published by The Economist and cited by Uruguayan media. Under the adjusted methodology, the peso is estimated to be 83.9% above its implied “long-run equilibrium.” In the unadjusted ranking, Uruguay places second, with 43.1% overvaluation, behind the Swiss franc.

• Tuesday, February 3rd 2026 - 12:57 UTC

  Paraguay’s long-run growth leads South America, but income gains lag

  

  From 1960 to 2024, Paraguay posted the highest cumulative GDP expansion in South America, according to calculations published by Forbes Paraguay and Colombia’s La República, drawing on World Bank constant-2015-dollar series. Over that span, Paraguay’s economy rose from roughly US$2.8 billion to about US$46 billion (2015 prices), multiplying more than sixteen-fold.