Economy

• Thursday, October 8th 2020 - 08:49 UTC

  Chile exports beef to China, and imports from Paraguay for domestic consumption

  

  Chilean beef exports reached 16,673 tons between January and August 2020, a 35.7% over the same period last year according to data from the Bovine Meat Bulletin released by the Ministry of Agriculture’s Office of Agricultural Studies and Policies (ODEPA).

• Tuesday, October 6th 2020 - 09:35 UTC

  IMF admits Brazil's economy is doing better than forecasted, but warns about debt and a second Covid-19 wave

  

  Brazil's economy is set to shrink by 5.8% in 2020, the International Monetary Fund said on Monday, revising up an earlier forecast but warning the country faced “exceptionally high” risks.

• Monday, October 5th 2020 - 09:39 UTC

  Brazilian business sector confidence almost at pre pandemic levels

  

  Brazilian business-sector confidence in the economy rose 3 points in September to pre-pandemic levels, according to a report released by na outstanding foundation..

• Monday, October 5th 2020 - 09:01 UTC

  Johnson does not want to end Brexit transition without a new trade deal, but can live with such an outcome

  

  British Prime Minister Boris Johnson does not particularly wish for the Brexit transition period to end without a new trade deal in place but believes that Britain could live with such an outcome, he said on Sunday.

• Saturday, October 3rd 2020 - 08:36 UTC

  Boris Johnson’s Cunning Plan; If PM Johnson is Blackadder, who is his Baldrick?

  

  By Gwynne Dyer – “I’ve got a plan so cunning you could put a tail on it and call it a weasel,” said Blackadder’s sidekick Baldrick in the BBC’s brilliant historical comedy series ‘Blackadder.’ In fact, he said, “I have a cunning plan” in almost every episode, but the plans hardly ever worked, and it became a popular catch-phrase.

• Saturday, October 3rd 2020 - 08:36 UTC

  Merkel and UK remain optimistic on a post Brexit-deal, but “the fisheries gap is unfortunately very large”

  

  German Chancellor Angela Merkel said she had no breakthrough to announce on Friday as a week of EU talks with Britain ended, but remained optimistic that sealing a deal on a post-Brexit trade relationship was still possible before the end of the year.

• Friday, October 2nd 2020 - 09:51 UTC

  IMF mission expected next week in Argentina, announced minister Guzmán

  

  Argentina's Economy Minister Martin Guzman said on Thursday that a mission from the International Monetary Fund will arrive in the country next week as the country looks to negotiate a new program with the organization.

• Friday, October 2nd 2020 - 09:49 UTC

  Chile in one year has lost 1,8 million jobs, and unemployment reached 12%

  

  The Chilean government has begun to gradually lift restrictions in the country in an attempt to reactivate the economy, given a drop in new cases with 1,556 (the lowest rate in three months), though areas with a high level of new cases remain under quarantine.

• Friday, October 2nd 2020 - 09:09 UTC

  Consumers' debts threaten the Peruvian banking system

  

  Peru's economy could plummet by more than 20% if unpaid consumer debts continue to mount, a scenario the government hopes to stave off with an emergency plan to reschedule troubled loans with state guarantees, the government said on Thursday.

• Friday, October 2nd 2020 - 09:01 UTC

  Chile's economic activity in August plunged 11,3%; mining sector dropped 3,4%

  

  Chile economic activity plunged 11.3% in August from the same month a year earlier, the central bank said on Thursday, deeper than forecasts of an 8.5% drop as the world’s no. 1 copper producer grapples to recover from the coronavirus pandemic.