Economy

• Wednesday, January 19th 2022 - 09:35 UTC

  International market pushes dollar up in Brazil to R$ 5.56

  

  The commercial dollar traded Tuesday in Brazil at R $ 5.561, a 0.61% increase compared to the previous day after pressure from international markets played their part.

• Tuesday, January 18th 2022 - 20:37 UTC

  COVID-19 and military unrest drive price of Brent crude up

  

  The international price of Brent crude Tuesday rose by 1.6% to nearly US $ 88 per barrel, its highest mark since late 2014, amid numerous problems regarding supply due to both the COVID-19 pandemic and also warlike episodes in the Middle East, it was reported.

• Tuesday, January 18th 2022 - 09:59 UTC

  Argentine FM in Washington DC seeking support for new IMF deal

  

  Argentine Foreign Minister Santiago Cafiero is on a diplomatic mission to Washington DC where he is to hold meetings with US Secretary of State Anthony Blinken and with House Speaker Nancy Pelosi in a move aimed at gathering some support ahead of new negotiations with the International Monetary Fund (IMF).

• Tuesday, January 18th 2022 - 09:50 UTC

  World Economic Forum warns of dark future ahead for Argentina

  

  The World Economic Forum (WEF) has said Argentina's future was anything but promising as a result of the lethal combination of inflation and the state's financial collapse.

• Tuesday, January 18th 2022 - 09:50 UTC

  Brazil's Senate wants to tackle fuel prices

  

  Brazil's Senate Speaker Rodrigo Pacheco Monday said that come February he intends to put up for voting a bill aimed at creating stability in the price of fuel.

• Tuesday, January 18th 2022 - 09:43 UTC

  ILO forecasts somber future LatAm, Caribbean and southeast Asia

  

  The International Labor Organization (ILO) Monday said the most encouraging signs of economic recovery were noticeable in North America and Europe, while the most negative prospects were registered in Southeast Asia, Latin America, and the Caribbean.

• Monday, January 17th 2022 - 09:50 UTC

  Annual inflation in Patagonia reached 51,6% in 2021, despite many government regulated prices

  

  The Consumers Price Index in Argentine Patagonia, mainly Tierra del Fuego, was 3,1% in December accumulating 51,6% in the twelve months of 2021, in the range of the overall Argentine inflation last year, 50,9%.

• Monday, January 17th 2022 - 09:00 UTC

  Paraguay closes 2021 with sizeable trade surplus

  

  The year 2021 closed for Paraguay with a trade surplus of US $ 941 million, according to the Advance Foreign Trade Report (RCE) for December 2021, published by the Undersecretary of State for the Economy (SSEE) of the Finance Ministry.

• Saturday, January 15th 2022 - 10:09 UTC

  The most luxurious vacation properties in Uruguay: Up to US$ 250,000 per fortnight

  

  For some years now, luxury vacationers are increasingly enjoying Eastern Uruguay's coastline. Beach towns such as José Ignacio, Manantiales or Miamesque Punta del Este are hosts to thousands of tourists that are giving an air of increasing exclusivity to these places.

• Thursday, January 13th 2022 - 10:02 UTC

  Record 2021 trade surplus in Brazil, but complaints about the economy becoming commodities dependent

  

  Brazil managed a US$ 61,01 billion surplus in its trade balance in 2021, which is 21% higher than the US$ 50 billion of 2020 and the best performance since current stats were officially recorded beginning 1989.