Economy

Tuesday, March 15th 2022 - 09:37 UTC
PM Johnson hosted a roundtable of leaders in the UK’s offshore oil and gas industry

Prime Minister Boris Johnson hosted on Monday a roundtable of leaders in the UK’s offshore oil and gas industry today to discuss domestic energy security. This is part of a series of engagements by the Government across the UK’s energy sectors, including with renewable and nuclear companies in the coming days and weeks.
Tuesday, March 15th 2022 - 09:32 UTC
Three provinces concentrated 74% of Argentine US$ 78bn. exports in 2021

Three mainly agricultural provinces in Argentina, Buenos Aires, Santa Fe, and Córdoba accounted for 74% of the US$ 78 billion exported by the country in 2021, reported the National Institute of Statistics and Censuses (Indec).
Tuesday, March 15th 2022 - 09:31 UTC
Argentine FM lands financing deals for transition infrastructure

Argentine Foreign Minister Santiago Cafiero, who is on a Middle East official tour, Monday announced he had reached agreements worth over US$ 1 billion to finance infrastructure works regarding energy and climate change through 2023.
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.