Economy

• Tuesday, October 19th 2021 - 08:20 UTC

  Gold booms in Argentine province of Salta

  

  Despite economic shortages stemming from sanitary restrictions in force during most of 2020 and 2021 amid the COVID-19 pandemic, gold has managed to become the second most exported product in the Argentine province of Salta, a study showed.

• Monday, October 18th 2021 - 23:59 UTC

  Brazil, Uruguay FMs stay mum after Montevideo meeting: rumors soar

  

  Silence prevailed Monday in Montevideo after Uruguay's Foreign Minister Francisco Bustillo Monday welcomed his Brazilian counterpart Carlos França to discuss bilateral issues, particularly a possible 10% reduction of Common External Tariffs among Mercosur members.

• Monday, October 18th 2021 - 10:05 UTC

  Buenos Aires key to the region's future, says Pepe Mujica

  

  Former Uruguayan President José “Pepe” Mujica said this weekend in a newspaper interview that the future of the River Plate area was at stake and it hinged on whatever happens in the Argentine capital.

• Monday, October 18th 2021 - 10:01 UTC

  Lula must appease markets or risk his presidential chance, point out advisors

  

  Brazilian former president Lula da Silva is preparing to “build bridges” with the business community to appease markets and economic agents, given some of his latest statements criticizing policy decisions from the current administration of president Jair Bolsonaro.

• Monday, October 18th 2021 - 09:57 UTC

  PAHO/ECLAC report on Covid-19 exposes the fragility of Latin America's health systems

  

  In n a new joint report released the Pan American Health Organization (PAHO) and the Economic Commission for Latin America and the Caribbean (ECLAC) urge the governments of the region to accelerate vaccination processes and improve health systems.

• Monday, October 18th 2021 - 09:43 UTC

  Poverty on the rise in Brazil

  

  Brazil's poverty indexes are on the rise despite President Jair Bolsonaro's claims that his actions, however controversial from a sanitary viewpoint regarding the COVID-19 pandemic, were always aimed at sustaining the country's economy.

• Monday, October 18th 2021 - 08:08 UTC

  China confirms its position as the main trade partner of Brazil

  

  Trade between Brazil and China surpassed the 2020 record during the first nine months of this year, with overall exchange reaching US$ 100bn. Total 2021 bilateral trade is expected to reach US$ 108bn.

• Sunday, October 17th 2021 - 08:05 UTC

  ILO insists world needs global accelerator for jobs as well as social protection

  

  International Labour Organization (ILO) Director-General Guy Ryder Friday called on countries to back the Global Accelerator for Jobs and Social Protection launched by UN Secretary-General Antonio Guterres together with the ILO, during last month's General Assembly.

• Saturday, October 16th 2021 - 09:50 UTC

  Mercosur: Argentina, Paraguay agree to review CET

  

  Argentine Foreign Ministers Santiago Cafiero Friday welcomed his Paraguayan counterpart Euclides Acevedo at the Palacio San Martín in Buenos Aires to discuss bilateral issues.

• Saturday, October 16th 2021 - 09:15 UTC

  Argentina has become a Chinese Yuan testing ground in trade and investment

  

  Following several currency swaps by which China has helped to support the Argentine central bank depleted international reserves, the administration of president Alberto Fernandez intensified relations with Beijing and a year ago allowed transactions between the two countries to be made in Yuan.