Economy

• Monday, August 16th 2021 - 06:40 UTC

  Departure of foreign companies from Argentina and also from Brazil on the rise and with no end in sight

  

  Foreign companies keep leaving Argentina and claiming those moves are part of global strategies. Local analysts are reluctant to believe these explanations, but perhaps they would reconsider their stance if they see a similar exodus also taking place in Brazil.

• Friday, August 13th 2021 - 15:38 UTC

  Relief for Peruvian investors: orthodox central bank president remains in the post

  

  Julio Velarde will remain as president of the Peruvian Central Bank for another five years, the same job he has held since 2006, and is acknowledged as the man who helped stabilize the country's markets, with low inflation. The news should come as a relief for investors and holders of Peruvian bonds.

• Friday, August 13th 2021 - 09:37 UTC

  Argentina's inflation for July 2021 measured at 3%

  

  Argentina's Consumer Price Index (CPI-Cost of Living) increased 3% in July, according to a report from the National Institute of Statistics and Censuses (Indec) released Thursday.

• Thursday, August 12th 2021 - 14:31 UTC

  Some 2,5 billion tons of food goes to waste, WWF

  

  WWF and Tesco released Driven to Waste, a new report that quantifies the total amount of food lost on farms globally; revealing an estimated 2.5 billion tons of food goes uneaten around the world each year.

• Thursday, August 12th 2021 - 08:34 UTC

  South Korea/Mercosur round of trade talks at the end of the month

  

  South Korea wants to advance with trade negotiations with Mercosur. Discussions started back in 2018 and at the end of the month, a seventh-round is slated to take place.

• Tuesday, August 10th 2021 - 17:22 UTC

  Brazil protein giant JBS moves into the fish production industry

  

  Brazil's JBS, one of the world's largest protein processors with interests in three continents is moving into the fish industry following a deal for the purchase of Australia's salmon farming company Huon Aquaculture for the equivalent of US$ 315 million.

• Tuesday, August 10th 2021 - 08:06 UTC

  Toyota Argentina can't find 200 new workers who have finished secondary education

  

  Despite the pandemic, Toyota Argentina has become a success story. During 2020 it managed to keep production and this year it will have manufactured 140,000 Hilux and SW4 models, with a six months waiting list of customers, and negotiations with main offices in Japan for an investment to expand the plant in Zaraté, Buenos Aires province.

• Sunday, August 8th 2021 - 11:54 UTC

  Meatless, vegan hamburgers have arrived at a fast food chain in Buenos Aires

  

  Meatless hamburgers have arrived in Argentina, following the growing world tendency of veganism, which has had an impact on the traditional fast (junk) food chains. In Buenos Aires, the Mostaza chain has launched its Mega NotBurger line, in alliance with Notco a start-up and recent Argentine unicorn, which elaborates food and proteins out of plants.

• Saturday, August 7th 2021 - 08:27 UTC

  Argentine half year fisheries exports total 236,000 tons; Illex price down 25%

  

  Argentine fisheries exports in the first half of the year totaled 236,000 tons valued at US$ 855 million according to the latest report from the CaPeCa, the Argentine Chamber of fishing vessels with freezing capacity. Spain and China figure as the main clients but there is a considerable price difference in some catch produce compared to a year ago.

• Saturday, August 7th 2021 - 08:21 UTC

  Some 44% of Mexicans, 56 million, were considered poor at the end of 2020

  

  Of the 126 million Mexican population, almost 44% were considered poor at the end of 2020, according to official data from the government. In effect, 3,8 million Mexicans fell below the official poverty line last year to reach 56 million compared with the end of 2018, when current president Andres Manuel Lopez Obrador took office.