Economy

• Friday, February 18th 2022 - 20:29 UTC

  Uruguayan President promised new investments by Argentine group

  

  Uruguayan President Luis Lacalle Pou met this week with representatives from the Argentine Grupo Werthein to discuss further developments and investments in the country, it was reported.

• Friday, February 18th 2022 - 10:25 UTC

  Argentina’s Central Bank raises interest rates amid growing inflation

  

  Argentina’s Central Bank (BCRA) Thursday increased interest rates to 42.5%, it was announced. The measure is consistent with recent talks between the Government of President Alberto Fernández and the International Monetary Fund (IMF).

• Friday, February 18th 2022 - 09:24 UTC

  Falklands' Chamber of Commerce organizes First Environmental Business Symposium

  

  The Falkland Islands Chamber of Commerce has announced the first Falkland Islands Environmental Business Symposium, will be held at 12:30 on the 18th of March. The Chamber is bringing together speakers from organizations across the Falklands to share knowledge and discuss what businesses can do to reduce or offset their environmental impacts.

• Thursday, February 17th 2022 - 10:50 UTC

  Bolsonaro, Putin discuss strengthening bilateral trade and cooperation

  

  Brazil's President Jair Bolsonaro and his Russian colleague Vladimir Putin Wednesday underlined the future importance of the BRICS partnership (Brazil, Russia, India, China and South Africa) and called for a more fluent dialogue between the Mercosur and the Eurasian Economic union (EAEU), according to a joint statement released after their meeting in Moscow.

• Thursday, February 17th 2022 - 10:12 UTC

  Patagonia January inflation 3,6%, double the Falklands' annual retail prices index

  

  Despite highly subsidized public rates, a long list of coerced consumer prices, relatively cheap fuel in the current global energy-short environment, the Consumer Price Index in Argentine Patagonia, mainly Tierra del Fuego, reached 3,6% in January, according to the latest report from the official stats office, Indec.

• Thursday, February 17th 2022 - 09:30 UTC

  Peruvian exports above pre-pandemic figures, report shows

  

  Exports of Peruvian manufacturers during the year 2021 have surpassed pre COVID-19 pandemic levels, it was reported Wednesday by the Institute of Economic and Social Studies (IEES) of the National Society of Industries (SNI).

• Wednesday, February 16th 2022 - 09:55 UTC

  Foreign Ministers of Argentina, Uruguay highlight bilateral increasing trade

  

  Argentina's Foreign Minister Santiago Cafiero Tuesday in Buenos Aires with his Uruguayan counterpart Francisco Bustillo to discuss a 33% increase in bilateral trade, among other issues.

• Wednesday, February 16th 2022 - 09:46 UTC

  Argentina's inflation reaches 3.9% in January

  

  Despite requirements from the International Monetary Fund (IMF) that inflation needs to be under control, Argentina's National Institute of Statistics and Censuses (Indec) Tuesday reported January's figures had reached 3.9% for a 50.7% YoY.

• Wednesday, February 16th 2022 - 09:22 UTC

  Inflation remains strong in Chile; Central bank expected to take reference rate to 8% next May

  

  A survey of financial operators in Chile anticipates that the aggressive policy of the country's central bank to combat rising prices will continue to hike interest rates, anticipating the basic rate from the bank's Monetary Policy office will be reaching 8% by next May.

• Tuesday, February 15th 2022 - 08:59 UTC

  Global Britain Commission planning to equal Germany's export prowess

  

  Boosting UK exports could result in a £500bn Brexit uplift creating some five million new jobs, according to the Global Britain Commission, a group of business leaders led by former trade minister Liam Fox.