Uruguay's Minister of Economy and Finance Azucena Arbeleche has been singled out by the World Government Summit Organization (WGSO) for her excellence in her performance in the public sector and leadership at the international level, due to which she was recognized as the best minister of state in the world.
The Uruguayan Exporters Union (UEU) Tuesday expressed its concern through a statement in light of a waning exchange rate between the local peso and the US dollar, which has reached its nadir for the past two years, thus adding to the “uncertainty” and “volatility in international markets.”
The Inter-American Development Bank (IDB) said Monday that Russia's invasion of Ukraine and the threat it poses to food security may be an opportunity for large Latin American exporters, such as Argentina and Brazil due to the disruption in the global supply chains.
Brazilian authorities Tuesday announced a surplus of 328,507 formal jobs during February of 2022, which was the second-best result for the month since 2010, according to the General Cadastre for Employed and Unemployed (Caged) released by the Ministry of Labor and Social Security.
Argentina's ruling Frente de Todos (FdT) lawmakers Monday suggested a new tax on assets and money not declared to the local Treasury and kept abroad be levied in order to pay the country's debt with the International Monetary Fund (IMF).
Brazil's Economy Minister Paulo Guedes Monday reaffirmed in Paris his country's commitments to the guidelines of the Organization for Economic Cooperation and Development (OECD).
British Foreign Secretary Liz Truss hinted a possible exit route for Russia might be considered if President Vladimir Putin fully withdraws his troops from Ukraine and pledges “not to launch new aggressions.”
The European Commission activated a crisis mechanism to compensate for the rise in diesel prices, a situation linked to the war in Ukraine and that is having a significant impact on the European fisheries sector.
The International Monetary Fund's board of directors Friday approved unanimously the latest US$ 45-billion program signed with Argentina, with which the South American country has avoided default.
The Falkland Islands Government confirmed on Thursday that, following a detailed review of updated fiscal and economic information, supported by a process of confidential interviews with FIG officers and representatives of the business community, S&P Global Ratings have confirmed the sovereign rating for the Falkland Islands remains at A+ with a stable outlook.