Economy

Saturday, October 23rd 2021 - 09:34 UTC
Brazil's Guedes pushing for higher interest rates to contain inflation

Brazilian orthodox Economy minister Paulo Guedes has not resigned and has no intention of resigning despite the fact he will have to live with the exceptional expenditure of some 45bn Reais, as part of the Auxilio Brazil support program for vulnerable families and president Jair Bolsonaro's 2022 reelection plan.
Saturday, October 23rd 2021 - 09:32 UTC
In Tierra del Fuego, 39% of the population are below the poverty line

Some 39% of the population from the province of Tierra del Fuego are below the poverty line according to the latest numbers from the first half of this year and released by the Argentine official stats office, Indec.
Saturday, October 23rd 2021 - 09:30 UTC
Falkland Islands trade with the European Union and Rules of Origin

The Falkland Islands government has released the following, ”Falkland Islands are not deemed part of the European Single Market. However, under the current OAD, the Islands have:
Friday, October 22nd 2021 - 23:55 UTC
Unofficial exchange rate shows Argentina's de facto devaluation

The unofficial exchange rate (commonly referred to as “blue”) of the Argentine peso against the US dollar Friday hit an all-time high, reaching a US $ 1 = AR $ 195 parity thus matching an all-time-high of exactly one year ago (Oct.23, 2020), it was reported.
Friday, October 22nd 2021 - 09:44 UTC
Brazil's Economy Minister shakes markets with unexpected announcement

Economy Minister Paulo Guedes' announcements Thursday shook Brazilian markets after the official admitted he might not meet the public spending ceiling.
Thursday, October 21st 2021 - 19:36 UTC
The three Ms attracting Argentines fed up with the uncertainty of their country

Argentines fed up with political instability, financial disorder, pandemic restrictions and growing taxes in their country are in increasing numbers moving or thinking about a new residence and have a preference for one of three Ms.
Thursday, October 21st 2021 - 19:29 UTC
The president of powerful Bundesbak resigns after ten years in the post

The president of the all-powerful German central bank, Bundesbank Jens Weidmann announced he will be resigning from the position he has held since 2011, on 31 December 2021, for personal reasons. “I have come to the conclusion that more than 10 years is a good measure of time to turn over a new leaf – for the Bundesbank, but also for me personally,” Weidmann wrote in a letter to the Bank's staff.
Thursday, October 21st 2021 - 09:00 UTC
China deals blow to Brazilian economy by holding import ban on meat

China's decision to uphold a ban on meat imports from Brazil means US $ 450 million less for the coffers of President Jair Bolsonaro's administration, it was reported Wednesday. It was also good news for Uruguay.
Thursday, October 21st 2021 - 08:55 UTC
Falklands Election: Mark Pollard and Stacy Bragger after reelection

The Falkland Islands Election is scheduled for Thursday, November 4th. So far MP has published the manifestos of the four candidates for the three benches corresponding to the Camp Circumscription in the Legislative Assembly.
Thursday, October 21st 2021 - 08:55 UTC
UK and New Zealand seal free trade agreement; next step Trans-Pacific Partnership (CPTPP)

A comprehensive trade agreement with New Zealand will cut red tape for businesses, end tariffs on UK exports and create new opportunities for tech and services companies while making it easier for UK professionals to live and work in New Zealand.