Economy

• Wednesday, May 26th 2021 - 08:30 UTC

  Bolivia's economy grows 5.3% in between January and April 2021

  

  Economic activity in Bolivia has grown 5.3% from January to April 2021, according to The Global Index of Economic Activity (IGAE), Economy Minister Marcelo Montenegro announced Tuesday.

• Friday, May 21st 2021 - 23:07 UTC

  Leading EU corporations reaffirm their commitment to combat deforestation

  

  Leading European multinationals from the food industry, involved in the production of food, cosmetics, consumer and luxury goods are calling for tougher EU measures to combat deforestation in their respective supply chains.

• Thursday, May 20th 2021 - 09:32 UTC

  Brazil wants Mercosur to agree on a 20% reduction of the Common External Tariff

  

  Brazil is determined that Mercosur's Common External Tariff, TEC, be reduced by 20% in two rounds of unilateral cuts, 10% immediately, and the other 10% in December. This is the official strategy and position of Brazil for the extraordinary meeting in June of the four founding members of the group, in Buenos Aires, underlined Lucas Ferraz, foreign trade secretary of the Brazilian Ministry of the economy.

• Thursday, May 20th 2021 - 08:51 UTC

  Gibraltar message to the cruise industry, “we're back in business”

  

  Gibraltar is ready to welcome back cruise ships, their passengers, and their crew. The Port of Gibraltar and the Gibraltar Tourist Board have continued to work proactively during this pandemic to support the cruise industry.

• Wednesday, May 19th 2021 - 09:45 UTC

  Argentine meat processing plant closes after ban on exports: agri-food producers go on strike

  

  The Rafaela Alimentos meat processing plant in Casilda in the province of Santa Fe Tuesday closed down temporarily in response to the ban on exports decreed by the Argentine Government of President Alberto Fernández. The company employs 650 workers.

• Wednesday, May 19th 2021 - 09:32 UTC

  Brazil's GDP projected yet again to grow despite covid-19 crisis

  

  Brazil's Gross Domestic Product (GDP) forecast for the year 2021 has been raised from 3.2 to 3.5%, the Ministry of Economy reported Monday, while the inflation prediction also went up from 5.06 to 5.15%.

• Tuesday, May 18th 2021 - 09:08 UTC

  Bolivian Minister lashes out at Chilean senator for comments regarding railroad test

  

  Bolivia's Minister of Public Works, Édgar Montaño, Monday rated Chilean senator José Miguel Insulza's comments urging to resume the test of the La Paz-Arica railroad as “irresponsible.”

• Tuesday, May 18th 2021 - 08:40 UTC

  Costa Rica on the verge of joining OECD

  

  Costa Rican President Carlos Alvarado Monday welcomed the approval by the Legislative Assembly to his country's joining the Organization for Economic Cooperation and Development (OECD).

• Monday, May 17th 2021 - 16:26 UTC

  Communist candidate to become new mayor of Santiago de Chile

  

  The Stock Exchange in Chile's capital took a nosedive after it was confirmed that the Communist candidate Irací Hassler had secured a surprising victory over Santiago's incumbent mayor Felipe Alessandri, among other defeats suffered over the weekend by traditional politics to a more radical leftwing generation.

• Monday, May 17th 2021 - 09:45 UTC

  Uruguay: tourism almost back to normal by October – travel pass on the way

  

  Uruguay's Tourism Undersecretary Remo Monzeglio Sunday explained in a radio interview that his country envisions a quasi total return to normalcy for this coming October and that “we are preparing for the (summer) season.”