Economy

Friday, October 1st 2021 - 20:00 UTC
Congressman from Argentina's ruling FdT want bank deposits nationalized, Perón style

National Deputy José Luis Martiarena from the province of Jujuy's Frente de Todos party of President Alberto Fernández Thursday submitted a bill whereby bank deposits would be nationalized “to reform the financial system.”
Friday, October 1st 2021 - 09:33 UTC
Fear reigns among Venezuelans as six more zeros are to be removed from local currency

Unrest reigned Thursday among Venezuelans as Friday's monetary reconversion which will remove six zeros from “sovereign bolivars” loomed over, prompting the exchange rate with the US dollar to skyrocket.
Friday, October 1st 2021 - 08:41 UTC
United States barely avert gov't shutdown, but only for a few months

US President Joseph Biden Thursday signed into law the government funding bill, hours after Congress agreed on it in a last-minute rush to avoid a shutdown.
Thursday, September 30th 2021 - 19:49 UTC
US hamburger demand helps Brazil overcome China's freeze on beef purchases

Brazil's major protein producer and exporter, Marfrig Global Foods, also the world's largest supplier of hamburgers started this month shipments to the United States from two of its plants, one in Chupinguaia, state of Rondonia and the other at Alegrete, Rio Grande do Sul.
Thursday, September 30th 2021 - 09:50 UTC
Uruguayan gov't appoints preliminary team to advance on FTA with China

Uruguay's Foreign Minister Francisco Bustillo Tuesday announced the formation of a preliminary negotiating team to start talks with China over a future free trade agreement.
Thursday, September 30th 2021 - 09:46 UTC
Paraguay and Chile closer to bilateral FTA after Piñera visit

Chilean President Sebastián Piñera's visit to Asunción has left his country closer to a free trade agreement with Paraguay, it was announced.
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.