Economy

• Monday, December 6th 2021 - 21:18 UTC

  Argentina banks on the bright side of Brexit

  

  According to the Buenos Aires daily El Cronista, Argentina has largely benefitted from the United Kingdom's departure from the European Union, as more products from the South American country were in demand.

• Saturday, December 4th 2021 - 09:55 UTC

  Labour strife in port of Montevideo; increasing export volumes shipped from Rio Grande in Brazil

  

  Recurrent labour strife in the port of Montevideo is not only frustrating but is also seriously limiting activities, and only this week did the Union of Uruguayan exporters make public a release regretting the fact that several vessels abandoned the port given what is known as pearled stoppages.

• Saturday, December 4th 2021 - 09:31 UTC

  Argentina pays Paraguay part of the US $ 45 million of overdue Yacyretá energy

  

  Argentina Friday paid Paraguay US $ 19 million for overdue Yacyretá energy, Nicanor Duarte Frutos, head of Paraguay's side within Yacyretá's Binational Entity (EBY) announced.

• Saturday, December 4th 2021 - 09:21 UTC

  Uruguay is ending what is a promising year despite the pandemic and some long standing challenges

  

  Despite the pandemic, with its limitations and successes, Uruguay is ending what looks, according to the latest reports on jobs, exports, bond issuing and even inflation, like a positive year.

• Saturday, December 4th 2021 - 09:10 UTC

  Inflation beats the Fed: the word “transitory” eliminated from forecasts

  

  Federal Reserve policymakers finally acknowledge the increasing risk of more persistent inflation in months ahead and thus the word “transitory” has been eliminated from the inflation forecasts.

• Friday, December 3rd 2021 - 18:42 UTC

  Savers withdraw US $ 400 million from Argentine accounts amid fears

  

  Argentine savers have withdrawn more than US $ 400 million from their bank accounts this week amid growing rumours that the Central Bank (BCRA) was considering a new “corralito”, like the one implemented exactly 20 years ago in the days leading up to the resignation of President Fernando de la Rúa.

• Thursday, December 2nd 2021 - 09:55 UTC

  Guedes insists in privatizing Petrobras, since the world is heading for “a green and digital economy”

  

  Brazilian economy minister Paulo Guedes underlined on Wednesday that the announced privatization plan of the government (some 100 companies) must include oil giant Petrobras because the “future is green” and in not so many years time the value of crude will be zero.

• Thursday, December 2nd 2021 - 09:40 UTC

  Fernandez and Bolsonaro seal close relations in the Day of Argentine/Brazilian Friendship

  

  In anticipation of the coming Mercosur presidential summit, 16/17 December when Argentina will hand the rotating chair of the group to Brazil, and celebrate the 36th anniversary of the signing of the Foz de Iguazu Declaration, which set the foundations for Mercosur, big reception for some 300 guests was held at the Argentine embassy in Brasilia.

• Thursday, December 2nd 2021 - 09:05 UTC

  Argentina and China strengthen cooperation on several issues

  

  The governments of Argentina and China Wednesday agreed to strengthen bilateral ties, particularly in science and technological developments, it was reported.

• Wednesday, December 1st 2021 - 09:46 UTC

  Famine takes a grip of Latin America and the Caribbean

  

  A United Nations official from the Food and Agriculture Organization (FAO) Tuesday announced famine in Latin America and the Caribbean had increased at a higher rate compared to other regions in the world during the COVID-19 pandemic.