Economy

• Wednesday, May 21st 2025 - 07:48 UTC

  UK to boost R&D in several areas with long term (over 10-year) funding to attract private investment

  

  British Science Minister Lord Vallance unveiled on Monday a more robust R&D criteria policy exploring innovation in areas as diverse as human health and cutting-edge computing, but particularly with a much-needed long-term certainty.

• Tuesday, May 20th 2025 - 10:07 UTC

  Uruguay reaches agreement with railroad building consortium

  

  The Uruguayan Government of President Yamandú Orsi Monday reached an agreement with the Grupo Vía Central consortium to resolve a dispute over unpaid debts regarding the Central Railway project, thus avoiding international arbitration, it was announced in Montevideo.

• Monday, May 19th 2025 - 19:05 UTC

  Bird flu: Brazil could resume chicken exports in 28 days, says Minister Fávaro

  

  Brazil could resume chicken meat exports in 28 days if no new cases of avian influenza are reported, Agriculture Minister Carlos Fávaro told reporters Monday. He also pointed out that strict containment measures were in place following last week's outbreak.

• Monday, May 19th 2025 - 10:40 UTC

  Significant drop in Paraguayan unemployment reported

  

  Paraguay has recorded significant improvements in its labor market, with formal employment rising and unemployment hitting its lowest level for a first quarter since 2017. The employed population grew to 2.91 million people in the first quarter of 2025, marking an increase from 2.87 million in the same period of 2024. The unemployment rate fell to 5.6%, down from 6.9% in early 2024, with 41,106 individuals moving out of joblessness.

• Monday, May 19th 2025 - 08:26 UTC

  Moody’s lowers US credit rating; US budget deficit plus 6% of GDP

  

  Moody’s Ratings decision last week to lower the US credit rating to Aa1 from Aaa, (the highest investment-grade position) triggered strong reactions and criticisms from President Donald Trump and his political advisor.

• Friday, May 16th 2025 - 22:11 UTC

  Universidad Austral study finds Argentina's population to be ageing

  

  A study by the Universidad Austral’s Human Development Observatory, based on data from Argentina's National Institute of Statistics and Census (Indec), showed significant demographic shifts in the South American country, with the number of births dropping by 40% since 2014.

• Friday, May 16th 2025 - 21:22 UTC

  Falklands Government Budget announcement delayed until July

  

  The Falkland Islands Government has postponed the announcement of its 2025/26 budget, which was initially scheduled for June 3. According to a statement from the Legislative Assembly, the delay comes after members of the Budget Select Committee expressed dissatisfaction with the final draft presented, leading to a decision to take additional time for consensus-building.

• Friday, May 16th 2025 - 09:17 UTC

  Peña highlights Paraguay's booming present at FIFA Congress

  

  Paraguayan President Santiago Peña highlighted his country's economic, social, and cultural growth, which -he claimed- was the fastest in the region over the past 35 years. He made those remarks Thursday during the 75th FIFA Congress held in Asunción.

• Thursday, May 15th 2025 - 10:24 UTC

  Argentina: Indec says April's inflation stood at 2.8%

  

  Argentina's Consumer Price Index (CPI) reached 2.8% in April 2025, the National Institute of Statistics and Census (Indec) reported Wednesday in Buenos Aires, much to President Javier Milei's content and the bafflement of the population coping with an unmatching reality.

• Thursday, May 15th 2025 - 10:04 UTC

  Paraguay: Maquila Regime yields encouraging results

  

  In Paraguay, exports under the Maquila regime totaled US$ 388 million as of April 2025, a 13% yoy increase driven mainly by auto parts, textiles, aluminum products, food, and plastics, currently generating 32,712 direct jobs, a 26% growth from the previous year.