Economy

• Thursday, September 16th 2021 - 09:13 UTC

  Paraguayan Government seeks to deepen Mercosur trade agreement with Egypt

  

  Paraguay's Finance Ministry sought to deepen the Free Trade Agreement (FTA) between Mercosur and Egypt Wednesday when the II Meeting of the accord's Joint Committee convened.

• Wednesday, September 15th 2021 - 11:55 UTC

  Back to earth: Ushuaia admits much uncertainty about the coming cruise season

  

  The recent decision by Silverseas Cruises to move its operations to neighboring Punta Arenas and Puerto Williams in Chile, has shaken Tierra del Fuego and Ushuaia officials who are complaining that the Argentine government, despite promises, has yet to deliver the sanitary protocol for vessels and crew, calling in Ushuaia, plus announcing when borders will be opened.

• Wednesday, September 15th 2021 - 09:47 UTC

  Uruguay on 24-hour strike for lost wages and in favor of repealing Government’s Law

  

  Uruguay is going through a 24-hour strike called by the labour union Pit-Cnt to demand better wages and working conditions, to defend national development and state-run companies and, most importantly, to say “yes” to the repeal through a referendum 135 articles of the Law of Urgent Consideration (LUC).

• Wednesday, September 15th 2021 - 09:34 UTC

  Argentine government said to be eyeing injecting pesos into the market to bounce back from electoral loss

  

  The Frente de Todos coalition ruling Argentina is said to be going through an internal crisis following last Sunday's results at the Mandatory, Simultaneous and Open Primary (PASO) elections where it lost some 4.8 million votes nationwide from when Alberto Fernández was chosen to the presidency two years ago.

• Wednesday, September 15th 2021 - 09:13 UTC

  Argentina's August inflation set at 2.5% by Indec

  

  Argentina's Consumer Price Index (CPI-Cost of Living) rose 2.5% during August and fell below 3% in July, according to a report from the National Institute of Statistics and Census (Indec) released Tuesday.

• Tuesday, September 14th 2021 - 09:33 UTC

  Relief in Brazilian markets, on the truce between Bolsonaro and the Justices

  

  Brazil's Sao Paulo stock exchange recovered on Monday, helped by the positive climate in global markets plus the relative truce following the political-institutional clash of last week between president Jair Bolsonaro and the Supreme Federal Tribunal, even when questions persist among financial operators.

• Monday, September 13th 2021 - 09:08 UTC

  Record level of funding for Argentine startup companies despite pandemic

  

  Argentine startup companies have obtained a record level of funding during the first semester of 2021, a study has shown.

• Sunday, September 12th 2021 - 08:42 UTC

  Cryptocurrency trader sponsors Argentine First Division football team

  

  Argentine football First Division team Huracán will don jerseys sponsored by a cryptocurrency trader starting this week, it was announced Saturday.

• Saturday, September 11th 2021 - 09:42 UTC

  Uruguay's FM says other unilateral trade deals may be announced shortly

  

  Uruguay's Foreign Minister Francisco Bustillo Friday said that in addition to China there were several other countries interested in reaching one-on-one trade deals with his country.

• Saturday, September 11th 2021 - 04:55 UTC

  Inflation in Chile reached 3,2% in eight months and the US dollar 794 Pesos

  

  The Consumer Prices Index, CPI, in Chile climbed 0,4% during August totaling 3,2% so far this year and 4,8% in the last twelve months, according to the country's stats office. It is the highest since January 2016, and the tendency is to continue increasing, as had been anticipated by the Central Bank. Likewise with the US dollar.