Economy

• Thursday, October 28th 2021 - 09:20 UTC

  COP26 Finance Delivery Plan still short of the US$ 100bn agreed by developed countries

  

  The UK COP26 Presidency has published a Climate Finance Delivery Plan to provide clarity on when and how developed countries will meet the US$ 100 billion climate finance goal pledged.

• Thursday, October 28th 2021 - 09:08 UTC

  France takes action against British trawlers as tension escalates

  

  French naval authorities have detained one British trawler and issued a verbal warning against another for operating off its coast, the Maritime Ministry announced.

• Wednesday, October 27th 2021 - 09:40 UTC

  Future US Ambassador to Buenos Aires says Argentina needs an economic plan

  

  Marc R. Stanley, the man chosen by US President Joseph Biden to become the next Ambassador to Buenos Aires, Tuesday said at his confirmation hearing before the Senate that the South American country needs an economic plan regarding its foreign debt.

• Tuesday, October 26th 2021 - 20:05 UTC

  Bright future ahead for Paraguay's economy

  

  Paraguay's Treasury Monday forecast economic growth of 4.5% by the end of 2021, it was announced.

• Monday, October 25th 2021 - 22:03 UTC

  Fuel goes up in Brazil amid international surge in crude oil

  

  Brazil's oil company Petrobras Monday decreed an increase in the price of gasoline of 7.04% at refineries and 9.15% in the case of diesel fuel, it was announced. These adjustments were to impact the price consumers pay at pumps as of Tuesday.

• Saturday, October 23rd 2021 - 09:55 UTC

  Brazilian financial markets get shaky after Bolsonaro insists on increasing social spending

  

  Brazil's President Jair Bolsonaro Friday insisted he would not take any adventurous steps as he expressed his full support for Economy Minister Paulo Guedes amidst a rocking financial market.

• Saturday, October 23rd 2021 - 09:34 UTC

  Brazil's Guedes pushing for higher interest rates to contain inflation

  

  Brazilian orthodox Economy minister Paulo Guedes has not resigned and has no intention of resigning despite the fact he will have to live with the exceptional expenditure of some 45bn Reais, as part of the Auxilio Brazil support program for vulnerable families and president Jair Bolsonaro's 2022 reelection plan.

• Saturday, October 23rd 2021 - 09:32 UTC

  In Tierra del Fuego, 39% of the population are below the poverty line

  

  Some 39% of the population from the province of Tierra del Fuego are below the poverty line according to the latest numbers from the first half of this year and released by the Argentine official stats office, Indec.

• Saturday, October 23rd 2021 - 09:30 UTC

  Falkland Islands trade with the European Union and Rules of Origin

  

  The Falkland Islands government has released the following, ”Falkland Islands are not deemed part of the European Single Market. However, under the current OAD, the Islands have:

• Friday, October 22nd 2021 - 23:55 UTC

  Unofficial exchange rate shows Argentina's de facto devaluation

  

  The unofficial exchange rate (commonly referred to as “blue”) of the Argentine peso against the US dollar Friday hit an all-time high, reaching a US $ 1 = AR $ 195 parity thus matching an all-time-high of exactly one year ago (Oct.23, 2020), it was reported.