Economy

• Tuesday, October 14th 2025 - 09:20 UTC

  Paraguay's economy has positive figures to show

  

  According to a Central Bank report released on Monday in Asunción, Paraguay's monthly economic activity indicator (IMAEP) went up by 4.5% in August year-on-year, accumulating a growth of 5.6% through the end of August 2025, driven particularly by the Secondary Sector's 7.1% adjustment amid a strong performance in electricity (both generation and distribution), as well as construction, both private and public.

• Monday, October 13th 2025 - 20:50 UTC

  Nobel Prize in Economics split into one and two winners respectively

  

  The 2025 Nobel Prize in Economics has been awarded to three researchers for their work on innovation-driven growth: Joel Mokyr (economic historian, Dutch/Israeli/US citizen, working in the US), Philippe Aghion (French, working in France and London), and Peter Howitt (Canadian, working in the US), the Royal Swedish Academy of Sciences announced in Stockholm on Monday afternoon, local time, marking the end of this year's Nobel Prize season.

• Monday, October 13th 2025 - 10:55 UTC

  Milei off to DC for meeting with Trump

  

  Argentine President Javier Milei is due in Washington, D.C., on Monday to meet with President Donald Trump at the White House the following day to ratify a strategic alliance between both countries following the recent financial bailout agreement.

• Monday, October 13th 2025 - 10:29 UTC

  Chile's CPI grows 0.4% in September

  

  The Consumer Price Index (CPI) in Chile rose 0.4% in September, matching analyst expectations. This monthly increase caused the 12-month inflation rate to accelerate to 4.4%.

• Monday, October 13th 2025 - 10:20 UTC

  Argentina clinging to floating US dollar, says Caputo

  

  Argentina's Economy Minister, Luis Toto Caputo, confirmed that the Government of President Javier Milei has ruled out dollarization and will maintain the current exchange rate band system, with a floating US dollar.

• Monday, October 13th 2025 - 07:48 UTC

  Trump’s trade war has cemented Brazil’s place as the soybean superpower, says The Economist

  

  They say no one wins a trade war. Certainly, there are fewer bigger losers than soybean farmers in the United States. Since May China, by far their biggest customer, has refused to buy a single bushel in retaliation for Donald Trump’s tariffs. The spat is ruining farmers in Illinois; Mr Trump is set to announce a US$10bn agricultural-relief package. It is also raising costs for crushers in China’s Shandong province, who press beans into animal feed and cooking oil. But there has been one big winner: soybean producers in Brazil. The rift between American farmers and their Chinese clients has let Brazil cement its place as the world’s soybean superpower.

• Saturday, October 11th 2025 - 10:20 UTC

  Trump announces additional tariffs on Chinese products

  

  US President Donald Trump announced on Friday that he would be imposing 100% tariffs on China starting November 1 or sooner, accusing Beijing of a “hostile” trade stance related to rare earth mineral exports. The new surcharge will be piled on top of existing taxes (30%).

• Friday, October 10th 2025 - 10:03 UTC

  US buys Argentine pesos to rescue Milei from “acute illiquidity”

  

  US Secretary of the Treasury Scott Bessent announced on Thursday a currency swap with Argentina, whereby Washington would obtain pesos from the South American country in exchange for US$20 billion, following intensive meetings in Washington with Economy Minister Luis Toto Caputo.

• Thursday, October 9th 2025 - 15:14 UTC

  Brazil finds other markets for its exports amid US restrictions

  

  Although Brazil's exports to the United States fell 20.3% yoy in September, growth in sales to other markets ensured record results, the South American country's Ministry of Development, Industry, Trade, and Services announced this week.

• Tuesday, October 7th 2025 - 10:15 UTC

  Fitch improves Paraguay's grading, but still short of investment status

  

  Fitch Ratings upgraded Paraguay's risk outlook on Monday from “Stable” to “Positive,” moving the country closer to achieving an investment-grade rating from the agency, although the overall grading remained at BB+.