Economy

Wednesday, June 8th 2022 - 09:20 UTC
Commercial air link Falklands/Chile scheduled to resume 2nd July. Ticket booking begins

Following the announcement made on 7 April 2022, the air link between the Falkland Islands and Chile will resume on Saturday 2 July 2022. LATAM flight schedules will be reinstated with flights stopping in Punta Arenas and Santiago, and once a month stopping in Rio Gallegos.
Wednesday, June 8th 2022 - 09:00 UTC
Chile's trade balance on the rise

Chile's foreign trade reached US$ 86.149 billion between January and May of 2022, according to data from the Undersecretariat of International Economic Relations, which showed a 20% interannual increase, it was reported Tuesday.
Tuesday, June 7th 2022 - 20:54 UTC
Job openings in Brazil show positive figures in April

Brazilian authorities have announced nearly 197,000 new formal jobs had been created in the month of April, according to the General Cadastre for Employed and Unemployed (Caged), released Monday by the Labor Ministry.
Monday, June 6th 2022 - 15:36 UTC
Although still below 2019 levels, tourism arrivals picking up in Europe and the Americas

The World Tourism Organization is reporting that tourism continues to recover at a strong pace. Globally, destinations welcomed almost three times as many international arrivals in the first quarter of 2022 as in the same period of 2021, with Europe leading the sector’s rebound. Experts are also looking into the future with more optimism.
Saturday, June 4th 2022 - 10:30 UTC
Argentina: Alberto and Cristina make joint appearance again

Argentine President Alberto Fernández and Vice-President Cristina Fernández de Kirchner (CFK) spoke to each other once again Friday during the celebration of the state-run oil company YPF's 100th anniversary.
Saturday, June 4th 2022 - 08:12 UTC
Uruguay's inflation above target but exports hit new records

Year-on-year inflation in Uruguay in the month of May of 2022 has been reported to still be nearly 35% above the target range set by the government of President Luis Lacalle Pou, while exports amounted to US$ 1.5 billion, which set a record high.
Wednesday, June 1st 2022 - 10:55 UTC
New increase in price of fuel announced in Uruguay

The Uruguayan Government of President Luis Lacalle Pou finally announced an increase in the price of fuel at pumps, with which 'Super' gasoline will have risen 15% and 50S diesel 30% so far in 2022. The new increase in the price of fuels will come into effect June 1.
Wednesday, June 1st 2022 - 09:30 UTC
Russia supports expanding BRICS, but demands consensus on access conditions

Russia supports the proposal to increase membership of BRICS, the organization of the leading developing economies, but before moving in that direction there is a need to establish a consensus on access criteria.
Tuesday, May 31st 2022 - 10:52 UTC
Elimination of a “Brazil cost” item represents a further 1,5 percentage point reduction in tariffs

The Brazilian government is drafting a presidential decree to change tax revenue mechanisms, which the economic team argues it will lead to a 1.5 percentage point reduction in the rates levied on all imported products. This is part of president Bolsonaro's administration policy of (gradually) opening the Brazilian economy to foreign competition.
Tuesday, May 31st 2022 - 10:00 UTC
Brazilian rice exports booming; challenge for all three Mercosur partners

Brazilian rice exports (husk base) totaled 451.3 thousand tones during the first quarter, more than double the same period in 2021 when 207.7 thousand tons were shipped, reports the Brazilian Rice Industry Association (Abiarroz).