Economy

• Monday, March 14th 2022 - 20:42 UTC

  Fuel at Argentine pumps goes up for the second time this year

  

  Argentina's state-run oil company YPF has increased its prices at pumps between 9.5% and 11.5%. It was the second rise this year. Other brands such as Shell have followed suit. The last increase had been in February.

• Monday, March 14th 2022 - 20:39 UTC

  Argentine gov't eyes soybean exports as a source of financing

  

  The government of Argentine Sunday decided to shut down all registrations for new soybean oil and soybean meal exports “until further notice,” it was announced. Authorities are also said to be planning a 2% rise to export taxes of industrial by-products, to level it up with the 33% charged to soybeans.

• Monday, March 14th 2022 - 20:27 UTC

  Puebla Group supports Argentina's agreement with the IMF

  

  World leaders gathered under the Puebla Group have expressed their support to Argentine President Alberto Fernández for the deal reached with the International Monetary Fund (IMF) and for its “overwhelming approval in Congress.”

• Monday, March 14th 2022 - 09:45 UTC

  The IMF's Agreement with Argentina Could Be a Game Changer

  

  By Joseph E. Stiglitz and Mark Weisbrot – After long pushing failed belt-tightening policies, the International Monetary Fund has agreed to a deal that will allow Argentina's government to pursue a pro-growth strategy. The task now will be to manage the inevitable shocks that will come from today's tumultuous global economic environment.

• Monday, March 14th 2022 - 09:00 UTC

  State-Owned Enterprises essential in global recovery, G20 reviews

  

  Former British Prime Minister Tony Blair last week played a key role during discussions in Jakarta regarding global health actions towards a prompt recovery. State-Owned Enterprises (SOEs) were found to be pivotal in this regard. Indonesia this year presides over the G20.

• Saturday, March 12th 2022 - 10:00 UTC

  Paraguayan exports in February show year-on-year growth

  

  Exports of Paraguayan goods in the month of February of 2022 have surpassed those of the same month of the previous year, according to a Central Bank (BCP) report which also showed revenues had reached US$ 1,602.9 million.

• Saturday, March 12th 2022 - 09:51 UTC

  Demonstrators attack Argentine Congress building during IMF deal debate

  

  While Argentina's Lower House was debating the approval of the refinancing agreement with the International Monetary Fund, demonstrators staged several incidents in and around the Congress building in Buenos Aires.

• Friday, March 11th 2022 - 21:46 UTC

  Argentine Lower House passes IMF deal

  

  Argentina's House of Deputies greenlighted the deal reached between the administration of President Alberto Fernández and the International Monetary Fund in the wee hours of Friday by 202 votes in favor, 37 against, and 13 abstentions.

• Friday, March 11th 2022 - 21:44 UTC

  Shortage of affordable groceries reported in Argentina

  

  Shortages of basic products at Argentine supermarkets have been reported Friday, particularly of flour, cooking oil, and dry noodles of the most affordable brands. Media coverage has also outlined a sharp increase in the price of eggs.

• Friday, March 11th 2022 - 09:43 UTC

  Ukraine suspends exports of cereals to avoid a “humanitarian crisis”; strong IMF financial support

  

  Ukraine’s government has suspended rye, barley, wheat, millet, and salt exports until the end of the year, while new rules for overseas sales of corn, buckwheat, sugar, live cattle, and meat have also been established.