Economy

• 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.

• Thursday, February 10th 2022 - 09:00 UTC

  The Future of Money: Gearing up for Central Bank Digital Currency

  

  By Kristalina Georgieva, IMF Managing Director – Let me start by thanking the Atlantic Council for providing a fitting venue to discuss central banks’ forays into Digital Currencies.

• Wednesday, February 9th 2022 - 22:08 UTC

  No harm in Uruguay's banking system dollarized, Moody's report says

  

  Although 76% of deposits in Uruguayan banks are in US dollars, credit rating consultants Moody's have said there was nothing to fear.

• Wednesday, February 9th 2022 - 22:03 UTC

  Argentina's industrial activity on a recovery path

  

  Argentina's National Institute of Statistics and Censuses (Indec) Wednesday reported local industrial output had recorded a 15.8% growth in the year 2021, boosted by automotive and transport which showed a 50.9% increase.