Economy

Thursday, September 30th 2021 - 09:20 UTC
Fitch optimistic about Brazil, but fears fiscal sustainability is precarious

Credit rating agency Fitch improved its prospects for Brazil's primary deficit and overall debt in 2021 but also pointed out several uncertainties among which sustainability of the fiscal front, possible political instability, and the approval of the new food subsidies to help the vulnerable population.
Thursday, September 30th 2021 - 08:53 UTC
US Judge clears the way for extradition to Peru of former President Alejandro Toledo

A United States Judge Tuesday gave the green light for the extradition of former Peruvian President Alejandro Toledo to his country, where he is under trial for alleged corruption, it was reported.
Tuesday, September 28th 2021 - 09:49 UTC
Uruguayan President to announce measures in view of Argentine border reopening

Uruguay's President Luis Lacalle Pou will be announcing Tuesday a package of measures to contain the impact on businesses in areas bordering Argentina for when the latter reopens its borders on October 1.
Tuesday, September 28th 2021 - 09:49 UTC
Brazil's Economy Minister favors one-on-one deals despite Mercosur's current ban

Brazil's Economy Minister Paulo Guedes Monday said Mercosur would “modernize” and anyone against that was free to leave the bloc.
Tuesday, September 28th 2021 - 08:30 UTC
Peruvian currency plunges against US dollar following PM's nationalization threat against gas supplier

The Peruvian sol fell sharply Monday against the US dollar in Lima markets following Sunday's statements from Prime Minister Guido Bellido, who threatened the new government might stabilize the cooking gas supplier Camisea.
Tuesday, September 28th 2021 - 08:17 UTC
Fuel panic buying in UK; pool of Army truck drivers ready to fill the supply chain

A pool of British Army tanker drivers is on standby and to be deployed if required to deliver fuel, the UK government announced on Monday following chain supply pressure which has left many gasoline stations empty or rationing the little supply left.
Monday, September 27th 2021 - 09:29 UTC
Argentina's revamped cabinet needs to lift cap on meat exports asap

Argentina's new Cabinet Chief Juan Manzur is said to be speeding up the path towards the lifting of caps on meat exports in an attempt to bring in hard currency as the government of President Alberto Fernández desperately tries to recover from defeat at Sept. 12's Mandatory, Simultaneous and Open Primary (PASO) elections.
Monday, September 27th 2021 - 08:54 UTC
Paraguayan meat production set to achieve historic profits in 2021

Paraguayan livestock traders foresee profits near the US $ 2 billion by the end of a most favourable 2021 for the activity, National Service for Animal Quality and Health (Senacsa) José Carlos Martín announced over the weekend in Asunción.
Monday, September 27th 2021 - 08:37 UTC
British gov't to offer 10,500 visas as shortage of workers hit post-Brexit country

The Government of British Prime Minister Boris Johnson has announced Saturday it would be offering 10,500 temporary visas in the absence of a foreign labour force that was forced to leave the country after it cut itself loose from the European Union in addition to travel restrictions stemming from the COVID-19 pandemic.
Saturday, September 25th 2021 - 09:31 UTC
Brazil expects to harvest a record 143,75 million tons of soybeans in 2021/22

With different climate prospects, clearly more positive than last season, Brazil expects to harvest in 2021/22 a new record of some 143,75 million tons of soybeans, according to a survey with information from the main sowing states.