Economy

• Friday, August 20th 2021 - 14:09 UTC

  Brazil interested in buying gas from Argentina's Vaca Muerta

  

  Brazilian President Jair Bolsonaro Thursday announced in his weekly broadcast on social media that his country had started negotiations to purchase gas from Argentina's Vaca Muerta. “It is not easy to start importing gas, creating, building pipelines,” Bolsonaro said.

• Thursday, August 19th 2021 - 08:50 UTC

  Argentine congress fearful Falklands' new port could overshadow Ushuaia

  

  The Argentine congress is restless and is concerned since the Falkland Islands started to build its new deep water port, fearing, besides the usual cacophony of claims, that the Islands could replace Ushuaia as the main access to Antarctica.

• Thursday, August 19th 2021 - 06:03 UTC

  Spanish trawlers believe Falklands is heading for a record catch of Loligo

  

  The fleet of trawlers from Vigo. Spain operating in the Falkland Islands waters are most enthusiastic about the current second squid season and believe Loligo landings already totaling 72,200 tons according to records from Falklands' Natural Resources Department could anticipate, if catch rates continue, a record similar to that of the best year back in 1995, with 98,409 tons.

• Wednesday, August 18th 2021 - 08:24 UTC

  Covid-19 causing major traffic congestion in China's leading port of Ningbo

  

  Several Chinese ports are facing serious congestions because many ships have been forced to re-schedule calls at Ningbo, the second busiest port in the country because it remains partially closed down following a case of Covid-19.

• Tuesday, August 17th 2021 - 20:45 UTC

  Brazil tempted by the success of the Suriname and Guyana oil basin developments

  

  Exploration and development of oil and gas resources in the ex Dutch colony of Suriname, now an independent country, was the main point of the agenda addressed by Brazilian foreign minister Carlos Franca and his Surinamese peer Albert Randim, during a meeting held in Brasilia.

• Tuesday, August 17th 2021 - 11:15 UTC

  Uruguay central bank raises “price of money” reference from 4,5% to 5%

  

  The Uruguayan central bank following the meeting of its Copom, Monetary Policy Committee, decided last week to raise the basic monetary policy rate from 4,5% to 5%, in line with what has been happening in other central banks in the region.

• Tuesday, August 17th 2021 - 09:21 UTC

  Paraguayan Police takes action to clear roads besieged by striking truckers

  

  Paraguay's National Police Monday took action to clear the roads which were being blocked by striking lorries in Guairá and Alto Paraná, it was reported.

• Monday, August 16th 2021 - 19:48 UTC

  How a secret meeting in August 1971 transformed the global economy

  

  By Atish Rex Ghosh (*) - History is a confluence of underlying forces and specific triggering events. Think of the start of World War I: economic, imperial, and nationalistic tensions that had simmered for years exploded into open conflict when Archduke Franz Ferdinand’s motorcade took a wrong turn, putting him in the path of an assassin’s bullet.

• Monday, August 16th 2021 - 06:40 UTC

  Departure of foreign companies from Argentina and also from Brazil on the rise and with no end in sight

  

  Foreign companies keep leaving Argentina and claiming those moves are part of global strategies. Local analysts are reluctant to believe these explanations, but perhaps they would reconsider their stance if they see a similar exodus also taking place in Brazil.

• Friday, August 13th 2021 - 15:38 UTC

  Relief for Peruvian investors: orthodox central bank president remains in the post

  

  Julio Velarde will remain as president of the Peruvian Central Bank for another five years, the same job he has held since 2006, and is acknowledged as the man who helped stabilize the country's markets, with low inflation. The news should come as a relief for investors and holders of Peruvian bonds.