Economy

Monday, September 5th 2022 - 17:54 UTC
Santiago's Stock Exchange booms after Rejection won

Santiago's Stock Exchange reached peak figures Monday after Rejection prevailed in Sunday's referendum, which meant the welfare state failed at least for now to become a reality that would have also included differentiated judiciary systems for native groups.
Monday, September 5th 2022 - 10:20 UTC
Argentina creates “soybean dollar” to boost Central Bank reserves

Argentina's Superminister of Economy Sergio Massa Sunday announced the creation of the so-called “soybean dollar” at a special parity of AR$ 200 / US$ 1 on the condition that exports be liquidated at the earliest.
Monday, September 5th 2022 - 08:33 UTC
IMF Approves Two-Year US$18.5 Billion Flexible Credit Line for Chile

The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement for Chile under the Flexible Credit Line (FCL) in the amount of SDR 13.954 billion (about US$18.5 billion; 800 percent of quota).
Friday, September 2nd 2022 - 18:39 UTC
Guedes: Brazil's GDP to beat most optimistic projections

Brazilian Economy Minister Paulo Guedes said Monday that his country's Gross Domestic Product (GDP) would outpace the most optimistic projections by the end of 2022.
Friday, September 2nd 2022 - 18:26 UTC
Uruguayan exports keep blooming

According to an Uruguayan Exporters Union (UEU) report released Thursday, orders from abroad have increased by 28% interannually, reaching a total of US$ 1.076 billion.
Thursday, September 1st 2022 - 09:43 UTC
Venezuelan teachers and senior citizens stage yet another protest

A group of pensioners and teachers marched Wednesday again through the streets of Caracas to protest against their meager income and to demand the payment of overdue adjustments and bonuses agreed upon through collective bargaining with President Nicolás Maduro's administration.
Wednesday, August 31st 2022 - 18:27 UTC
Unemployment in Brazil matches record lows

Unemployment in Brazil continues to fall, hitting record lows, according to a report released Wednesday by the Brazilian Institute of Geography and Statistics (IBGE).
Wednesday, August 31st 2022 - 10:44 UTC
Expo Prado, Uruguay's largest agricultural fair, now without sanitary restrictions: here's everything you need to know

For the first time in almost three years, the International Livestock Exposition will return in a new edition that will be held as it was before the pandemic, without sanitary restrictions, and in the same place: the Rural del Prado in Montevideo.
Wednesday, August 31st 2022 - 10:10 UTC
Uruguayan economic growth expected to continue

Uruguay's Central Bank (BCU) President Diego Labat said Tuesday that he expected economic growth to remain steady and heralded that inflation by the end of 2022 will be below the level “we have today.”
Wednesday, August 31st 2022 - 09:42 UTC
Brazil, US to deepen bilateral trade

Brazil and the United States have taken yet another step toward reducing non-tariff barriers in bilateral trade, it was reported Tuesday after a statement was released Tuesday in Brasilia.