Economy

Wednesday, October 6th 2021 - 09:55 UTC
Chilean opposition agree to seek Piñera's impeachment in view of Pandora Papers

Chile's opposition has agreed Tuesday to seek the impeachment of President Sebastián Piñera after the head of state's name came out in the so-called Pandora Papers report, which mentioned political leaders and celebrities worldwide who have or have had investments in tax havens.
Wednesday, October 6th 2021 - 09:28 UTC
Uruguay, “cooperating jurisdiction” of EU

After reports Tuesday announced the reinstatement of Uruguay and also Costa Rica by the European Union to the “grey” list of tax havens, Montevideo was quick to reply all the EU had done was ratify “the status of Uruguay as a cooperating jurisdiction.”
Wednesday, October 6th 2021 - 08:14 UTC
MSC cruises cancels 2021/22 season to Uruguay and Argentina

MSC cruises announced on Tuesday that it was cancelling its 2021/22 cruise season to Argentina and Uruguay. “Since the beginning of the year and continuing on the path outlined last year to achieve the safe resumption of cruise operations in Buenos Aires, MSC Cruises has been working closely with authorities from Brazil, Argentina and Uruguay to reestablish protocols and joint operation rules for the 2021/22 season from Buenos Aires and Montevideo under the new normality”, pointed out a release from the Swiss company.
Tuesday, October 5th 2021 - 06:50 UTC
Gold becomes the main export of Bolivia in the eight months of 2021

Gold, bullion, and jewellery have become Bolivia's main export in the first eight months of this year totalling almost seven billion dollars, considerably higher than the US$ 4.213,4 of the same period in 2020, which represents a 65,4% increase, according to the official INE stats office.
Monday, October 4th 2021 - 20:03 UTC
Argentina's statistics bureau finds 4 out of 10 people are poor

The latest data from Argentina's National Institute of Statistics and Censuses (Indec) show that the poverty index has reversed a meager 1.4 % during the first half of 2021.
Monday, October 4th 2021 - 09:55 UTC
Three LatAm Presidents among scores of leaders and celebrities singled out by “Pandora Papers” research

Current Presidents Sebastián Piñera of Chile, Guillermo Lasso of Ecuador and Luis Abinader of the Dominican Republic were listed on the so-called “Pandora Papers” among the world leaders and celebrities who have money saved in tax havens, according to the International Consortium of Investigative Journalists (ICIJ).
Monday, October 4th 2021 - 09:15 UTC
Rightwing candidate challenges Kirchnerite's hopes for second place in City of Buenos Aires

Libertarian Economist Javier Milei is closing on Kirchnerite Leandro Santoro in their Nov. 14 quest for a seat on Argentina's Lower House on behalf of the City of Buenos Aires, the firm CB Consultora Opinion Pública said Sunday.
Monday, October 4th 2021 - 09:02 UTC
Argentine exports to Brazil grow, but still in the red despite September's surplus

Argentina has recorded a trade surplus with Brazil in September following a YoY increase in sales of 37% year-on-year, it was reported.
Friday, October 1st 2021 - 20:00 UTC
Congressman from Argentina's ruling FdT want bank deposits nationalized, Perón style

National Deputy José Luis Martiarena from the province of Jujuy's Frente de Todos party of President Alberto Fernández Thursday submitted a bill whereby bank deposits would be nationalized “to reform the financial system.”
Friday, October 1st 2021 - 09:33 UTC
Fear reigns among Venezuelans as six more zeros are to be removed from local currency

Unrest reigned Thursday among Venezuelans as Friday's monetary reconversion which will remove six zeros from “sovereign bolivars” loomed over, prompting the exchange rate with the US dollar to skyrocket.