Economy

• Tuesday, October 26th 2021 - 20:05 UTC

  Bright future ahead for Paraguay's economy

  

  Paraguay's Treasury Monday forecast economic growth of 4.5% by the end of 2021, it was announced.

• Monday, October 25th 2021 - 22:03 UTC

  Fuel goes up in Brazil amid international surge in crude oil

  

  Brazil's oil company Petrobras Monday decreed an increase in the price of gasoline of 7.04% at refineries and 9.15% in the case of diesel fuel, it was announced. These adjustments were to impact the price consumers pay at pumps as of Tuesday.

• Saturday, October 23rd 2021 - 09:55 UTC

  Brazilian financial markets get shaky after Bolsonaro insists on increasing social spending

  

  Brazil's President Jair Bolsonaro Friday insisted he would not take any adventurous steps as he expressed his full support for Economy Minister Paulo Guedes amidst a rocking financial market.

• 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.