Economy

• 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.

• Saturday, February 12th 2022 - 09:24 UTC

  Fuel goes up in Paraguay, but tanking up in Argentina not an option

  

  The state-run oil company Petróleos Paraguayos (Petropar) has announced an increase in the price of fuel at pumps effective Saturday, Feb. 12, despite previous announcements that there would be no changes until the end of the month.

• Saturday, February 12th 2022 - 09:15 UTC

  Uruguay's industry keeps growing with pesos stronger against US dollars

  

  Uruguay's industrial production showed a 12.3% growth during the year 2021 when compared to 2020 levels, according to a report released Friday by the National Institute of Statistics (INE).

• Friday, February 11th 2022 - 09:31 UTC

  Argentine opposition to support Congressional approval of IMF deal

  

  Argentina's main opposition political coalition Together for Change (Juntos por el Cambio - JxC) Thursday announced it will support the agreement with the International Monetary Fund (IMF) so as to never “push Argentina to default.”

• Thursday, February 10th 2022 - 21:27 UTC

  St Valentine's Day rise in bread to hit beleaguered Argentine families

  

  The price of bread in Argentina is to rise between 20% and 25% as of next Monday, Feb. 14 in a very special St Valentine's Day gift both to consumers and to a Government that is struggling to curb inflation and keep the exchange rate of the local peso against the US dollar from skyrocketing.

• Thursday, February 10th 2022 - 09:22 UTC

  Excellent prospects for Mercosur beef exports, except Argentina

  

  The Argentine beef industry is optimistic about world meat production and global demand this year, with China again playing a leading market role. A report issued by Argentina's Rosario Stock Exchange (BCR) and the Mercado Ganadero Department (Rosgan), world beef production will reach 58 million tons, representing a 1% increase over 2021.

• Thursday, February 10th 2022 - 09:10 UTC

  Starving Venezuelan pensioners take it to the streets of Caracas

  

  Venezuelan senior citizens Wednesday marched through Caracas' Plaza de La Moneda, not far from the presidential Miraflores Palace, to launch an “SOS” message and call for help as they can barely survive on their pay.