Economy

• Friday, April 16th 2021 - 09:39 UTC

  Cost of living in Argentina rises 4.8% in March alone

  

  Argentina's Consumer Price Index (CPI-Cost of living) rose 4.8% during March, 1.2 percentage points above February's 3.6%, the National Institute of Statistics and Censuses (INDEC) announced Thursday.

• Friday, April 16th 2021 - 09:22 UTC

  Uruguay's GDP expectations lowered amid pandemic

  

  Uruguay's Center for Economic Research (CINVE) Thursday submitted its latest report, which showed a projected Gross Domestic Product lowered from previous expectations, given the economic consequences of measures taken to curb the spread of the coronavirus pandemic.

• Friday, April 16th 2021 - 08:45 UTC

  Argentina reinstates beef exports registry

  

  Argentina's government Thursday created a registry of beef exporters among other measures to curb under-invoicing, which authorities fear has been going on for a while now.

• Thursday, April 15th 2021 - 09:55 UTC

  Argentina: curfew extended, on-site schooling banned in Buenos Aires amid coronavirus second wave

  

  Argentine President Alberto Fernández Wednesday announced further restrictions for the Buenos Aires Metropolitan Area (AMBA) in a manoeuvre to curb the so-called second wave of the covid-19 disease.

• Wednesday, April 14th 2021 - 09:59 UTC

  Uruguayan duty free shops seek ways to cut down losses amid anti-covid-19 restrictions

  

  Uruguayan duty-free shops in the Brazil bordering location of Rivera Tuesday hoped a solution will be found soon to their need to reopen their businesses after a meeting with federal authorities.

• Tuesday, April 13th 2021 - 09:48 UTC

  Chile's Central Bank monthly report foresees 2021 inflation at 3.2%

  

  Chile's monthly report issued by the Central Bank Monday forecast inflation to close 2021 with a cumulative 3.2%, with no significant changes in sight for 2022 and 2023.

• Tuesday, April 13th 2021 - 08:58 UTC

  Guterres endorses millionaire's tax to help fight covid-19

  

  UN Secretary-General António Guterres Monday agreed with several world leaders on the convenience to tax the wealthiest, so that States have more resources to support the vulnerable population which has been severely affected by the coronavirus pandemic.

• Saturday, April 10th 2021 - 10:53 UTC

  Argentine inflation forecast at 46% for year 2021, 3.9% for March alone

  

  Argentina's Central Bank Friday announced the yearly inflation for 2021 was expected to reach 46%, while figures for the past month of March were around 3.9%. The official peso/US dollar exchange rate was foreseen at $ 115/ US$ 1 by the end of this year.

• Saturday, April 10th 2021 - 09:05 UTC

  Paraguay grosses US $ 474 million in March for soybean exports

  

  According to a report from Paraguay's National Customs Directorate (DNA) released Friday, exports of soybean and its derivatives bounced back in March up to 1.1 million tons, worth US $ 474.4 million.

• Friday, April 9th 2021 - 10:54 UTC

  Brazil Vice-President dubs Argentina “an eternal beggar”

  

  In a statement supporting the government's proposed fiscal adjustment, Brazil's Vice President Hamilton Mourao Thursday labelled Argentina an “eternal beggar,” which might spark another diplomatic incident, of which the administration of President Alberto Fernández has had a handful in the past few days.