Brazil's Opportunity investment group reached an understanding with French giants CMA CGM for the sale of its stake in the Brazilian Port Terminal of Santos (STBP3), it was announced late Sunday.
The Falkland Islands pound is listed among the top ten oldest currencies still circulating in the world with the pound Sterling leading the ranking, having taken off back in the Middle Ages sometime in the 800s, according to the World of Statistics.
Argentina's Cabinet Chief Guillermo Francos and Economy Minister Luis Toto Caputo met Friday with representatives from the Brazilian airline Gol to discuss the possible handover of Aerolíneas Argentinas operations amid threats of additional strikes by pilots and cabin crewmembers. Earlier this month, some 37,000 travelers were affected by the protests seeking wage increases to cope with inflation.
According to a report from Argentina's National Institute of Statistics and Census (Indec), unemployment in the South American country reached 7.6 % in the second quarter of 2024. The figures were consistent with the 7.7% recorded in the previous trimester but represented a sharp interannual deterioration from the 6.2% during the same period of 2023.
While the United States Federal Reserve decided to cut its reference interest rate arguing inflation was under control, Brazil's Central Bank decided the opposite and actually hiked 25 bases point its already high Selic benchmark from 10,50% to 10,75%.
Consumer inflation in UK during August remained at an annual 2,2%, helped by lower fuel prices together with hotels and restaurant services, as reported by the Office of National Statistics, ONS Wednesday.
With the Parana crucial waterway again beginning to suffer the consequences of lack of a sufficient water level, making the loading of cereals and oil seeds at the main Argentine exporting port of Rosario, it is estimated that in the remaining months of the year, Bahía Blanca directly on the Atlantic will be receiving probably half a million tons of additional grains to dispatch.
Brazil has positioned itself as neutral in the Ukraine war, refusing to join sanctions or provide military aid to Kiev, while proposing a peace initiative in cooperation with China. The joint Brazil/China peace plan or at least to end hostilities, has been defined by Ukrainian president Zelensky as destructive.
Argentine President Javier Milei appeared before Congress Sunday to submit the 2025 budget bill foreseeing an exchange rate of AR$ 1,207 against the US dollar and annual inflation reaching 18.3% after a projected Gross Domestic Product (GDP) growth.
Flag carrier Aerolíneas Argentinas had to cancel 319 flights Friday, altering the travel plans of some 37,000 passengers, as a result of a joint strike carried out by the airline industry labor groupings representing either pilots or crewmembers.