Economy

• Thursday, February 17th 2022 - 10:50 UTC

  Bolsonaro, Putin discuss strengthening bilateral trade and cooperation

  

  Brazil's President Jair Bolsonaro and his Russian colleague Vladimir Putin Wednesday underlined the future importance of the BRICS partnership (Brazil, Russia, India, China and South Africa) and called for a more fluent dialogue between the Mercosur and the Eurasian Economic union (EAEU), according to a joint statement released after their meeting in Moscow.

• Thursday, February 17th 2022 - 10:12 UTC

  Patagonia January inflation 3,6%, double the Falklands' annual retail prices index

  

  Despite highly subsidized public rates, a long list of coerced consumer prices, relatively cheap fuel in the current global energy-short environment, the Consumer Price Index in Argentine Patagonia, mainly Tierra del Fuego, reached 3,6% in January, according to the latest report from the official stats office, Indec.

• Thursday, February 17th 2022 - 09:30 UTC

  Peruvian exports above pre-pandemic figures, report shows

  

  Exports of Peruvian manufacturers during the year 2021 have surpassed pre COVID-19 pandemic levels, it was reported Wednesday by the Institute of Economic and Social Studies (IEES) of the National Society of Industries (SNI).

• Wednesday, February 16th 2022 - 09:55 UTC

  Foreign Ministers of Argentina, Uruguay highlight bilateral increasing trade

  

  Argentina's Foreign Minister Santiago Cafiero Tuesday in Buenos Aires with his Uruguayan counterpart Francisco Bustillo to discuss a 33% increase in bilateral trade, among other issues.

• Wednesday, February 16th 2022 - 09:46 UTC

  Argentina's inflation reaches 3.9% in January

  

  Despite requirements from the International Monetary Fund (IMF) that inflation needs to be under control, Argentina's National Institute of Statistics and Censuses (Indec) Tuesday reported January's figures had reached 3.9% for a 50.7% YoY.

• Wednesday, February 16th 2022 - 09:22 UTC

  Inflation remains strong in Chile; Central bank expected to take reference rate to 8% next May

  

  A survey of financial operators in Chile anticipates that the aggressive policy of the country's central bank to combat rising prices will continue to hike interest rates, anticipating the basic rate from the bank's Monetary Policy office will be reaching 8% by next May.

• Tuesday, February 15th 2022 - 08:59 UTC

  Global Britain Commission planning to equal Germany's export prowess

  

  Boosting UK exports could result in a £500bn Brexit uplift creating some five million new jobs, according to the Global Britain Commission, a group of business leaders led by former trade minister Liam Fox.

• Saturday, February 12th 2022 - 09:24 UTC

  Fuel goes up in Paraguay, but tanking up in Argentina not an option

  

  The state-run oil company Petróleos Paraguayos (Petropar) has announced an increase in the price of fuel at pumps effective Saturday, Feb. 12, despite previous announcements that there would be no changes until the end of the month.

• Saturday, February 12th 2022 - 09:15 UTC

  Uruguay's industry keeps growing with pesos stronger against US dollars

  

  Uruguay's industrial production showed a 12.3% growth during the year 2021 when compared to 2020 levels, according to a report released Friday by the National Institute of Statistics (INE).

• Friday, February 11th 2022 - 09:31 UTC

  Argentine opposition to support Congressional approval of IMF deal

  

  Argentina's main opposition political coalition Together for Change (Juntos por el Cambio - JxC) Thursday announced it will support the agreement with the International Monetary Fund (IMF) so as to never “push Argentina to default.”