Economy

Tuesday, May 24th 2022 - 10:25 UTC
Investing elsewhere too easy for Argentine entrepreneurs

Argentine entrepreneurial migrants who seek a better future elsewhere prefer Uruguay, Paraguay, Bahamas, and Portugal to start anew, it was reported.
Tuesday, May 24th 2022 - 09:54 UTC
Argentina: Water emergency extended, insufficient rainfall in main rivers' basins

Argentina has announced that it will extend the Water Emergency Crisis warning for another six months due to insufficient rainfall in the Paraná, Paraguay, and Iguazú river basins.
Monday, May 23rd 2022 - 23:54 UTC
Lacalle Pou with a green message in London: Uruguay “is among the strongest democracies in the world”

By Graham Bound for MercoPress (London) – Only on the most serene of news-days might a visit to the United Kingdom by the President of Uruguay make headlines in the country’s newspapers and broadcast bulletins. For a little while it actually looked as if there might be just such a benign news environment. But as President Luis Lacalle Pou took his seat at Canning House, the Latin America and Iberia think tank, on Monday evening to deliver a lecture titled “Uruguay, a Reliable Gateway to South America – Opportunities in Green Finance”, he must have known that he had been totally eclipsed by his host, the British Prime Minister Boris Johnson.
Monday, May 23rd 2022 - 08:56 UTC
Uruguayan President lands in London

Uruguay's President Luis Lacalle Pou has arrived in London to meet with Prime Minister Boris Johnson and Crown Prince Charles of Wales during his 3-day stay.
Sunday, May 22nd 2022 - 05:25 UTC
President of Uruguay left for the UK on his first visit to Europe: will meet with Prince Charles, Boris Johnson

The President of Uruguay, Luis Lacalle Pou, traveled this Saturday to London for an official visit to the country, which will last until May 24. Lacalle Pou will be received by Prince Charles and United Kingdom’s Prime Minister, Boris Johnson on Monday 23rd.
Saturday, May 21st 2022 - 07:45 UTC
Queues of vessels waiting to cross the Panama Canal as post pandemic global trade picks up

Global transportation bottlenecks that have surged since the pandemic have shaken industries, consumers, deliveries, and prices. Clear evidence of this can be seen in the current Panama Canal queues of vessels.
Friday, May 20th 2022 - 19:22 UTC
Bachelet insists the most vulnerable sectors need more attention

Former Chilean President Michelle Bachelet said this week during a forum in Panama City that promoting a ceasefire in the armed conflict between Russia and Ukraine was essential in order for vulnerable populations to recover from the impact caused by higher prices in energy and food.
Thursday, May 19th 2022 - 20:22 UTC
Paraná downspout means heavy losses for Argentine exports

A most unusual low water level of the Paraná river has caused losses of nearly US$ 280 million so far in 2022 to Argentine rural producers and exporters, it was reported.
Thursday, May 19th 2022 - 09:35 UTC
China building a new port and industrial hub in Peru, US$ 3bn investment, 55kms north of Lima

Global chain transport challenges, the war in Ukraine, and following two years of lockouts caused by the Covid 19 pandemic have caused many disruptions to normal trade and China has thus embarked in a major project building a new port along the Peruvian coast to help boost trade along the Pacific rim.
Thursday, May 19th 2022 - 09:15 UTC
Brazilian government lowers tariffs on eleven products to help with inflation

The Brazilian government facing the inflationary challenge, as in most of the rest of the world, and particularly when it comes to food prices and the millions of Brazilians who survive on a daily ration, has decided to temporarily reduce tariffs on eleven products. The decree came into effect on May 12 and will continue until the end of the year.