Economy

• Monday, September 6th 2021 - 07:00 UTC

  Record order of containers to help relieve maritime traffic congestion

  

  Hapag-Lloyd AG, the German international shipping and container transportation agency has announced it has ordered 75,000TEU containers, which will be manufactured in China and delivered within the fourth quarter of 2021.

• Sunday, September 5th 2021 - 06:59 UTC

  Cattle prices drop in Brazil as meat industry is idle waiting for tests from a suspected mad cow case

  

  The suspicion of a possible mad cow case identified in the Brazilian state of Minas Gerais has further paralyzed activity in the country's abattoirs, and consequently the price of live cattle. A release from the Association of Brazilian abattoirs in the representation of the industry confirmed the situation.

• Saturday, September 4th 2021 - 09:45 UTC

  Uruguay's inflation for August above government targets

  

  Uruguay's National Statistics Institute (INE) Friday issued its monthly report according to which the country's Consumer Price Index (CPI) for August 2021 showed a 0.85% increase.

• Saturday, September 4th 2021 - 09:18 UTC

  French President against EU-Mercosur deal over environmental concerns

  

  France's President Emmanuel Macron Friday insisted his government would oppose the trade deal between the European Union and Mercosur due to “incompatible” differences regarding climate issues.

• Saturday, September 4th 2021 - 08:52 UTC

  Export caps keep hurting Argentine livestock producers and consumers alike

  

  The Argentine Government's policies restricting meat exports have taken their toll on livestock production and slaughter, bringing down domestic consumption as prices went up, just what the measures were supposed to avert, according to a Rosario Stock Exchange (BCR) report released Friday.

• Friday, September 3rd 2021 - 09:49 UTC

  IMF says Argentina needs to gradually lift currency exchange restrictions

  

  The International Monetary Fund Thursday called for a “credible and solid” plan on the part of Argentina and recommended the country gradually loosened all restrictions on foreign currency exchange.

• Thursday, September 2nd 2021 - 09:44 UTC

  Argentine exports to Brazil show almost unprecedented growth

  

  Argentine sales to Brazil in August 2021 have reached their pinnacle in the last three years, but there is still a trade deficit. The country stands behind China and the United States in the list of suppliers to South America's largest economy, it was announced Wednesday.

• Thursday, September 2nd 2021 - 09:32 UTC

  OPEC and Russia keep steady on original plan; ignore US request to pump more oil

  

  The Organization of Petroleum Exporting Countries plus a group led by Russia, OPEC+1 ignored requests from United States president Joe Biden and agreed on Wednesday to continue raising oil output in measured steps as originally agreed.

• Thursday, September 2nd 2021 - 09:24 UTC

  Aerolíneas Argentinas returning to Uruguay in less than two weeks

  

  Flag carrier Aerolineas Argentinas is to resume services to Uruguay after 18 months as of September 14, it was announced Wednesday.

• Thursday, September 2nd 2021 - 08:54 UTC

  Brazil's GDP suprisingly 0,1% in the red

  

  Brazil's Gross Domestic Product (GDP) contracted 0.1% in the 2nd quarter of 2021, the Brazilian Institute of Geography and Statistics (IBGE) reported Wednesday.