Economy

Thursday, May 13th 2021 - 09:08 UTC
Argentine Economy Minister brokering presidential meeting with IMF's Georgieva

Argentine Economy Minister Martín Guzmán stepped ahead from President Alberto Fernández's European tour and flew to Rome Wednesday to meet with International Monetary Fund Deputy Director for the Western Hemisphere Julie Kozak.
Thursday, May 13th 2021 - 08:46 UTC
Will Argentina squeeze exporters as soybeans rise above US $ 600 in Chicago?

Argentine economists are eyeing the recent increase in the international price of soybeans as some sort of light at the end of the tunnel following a severe recession, high indebtedness amid the coronavirus pandemic.
Wednesday, May 12th 2021 - 09:30 UTC
Argentine President Fernández vows strategic agreement with Spain to be built

Argentina's President Alberto Fernández Tuesday said in Madrid after separate meetings with King Felipe VI and Prime Minister Pedro Sánchez that “we are going to consolidate a strategic agreement and we can relaunch it with your visit and deepen it as much as necessary.”
Tuesday, May 11th 2021 - 09:36 UTC
Falklands plans to borrow US$ 85 million for the port, and manages a credit rating of A+ from S&P Global

Reuters has reported that the Falkland Islands got its first sovereign credit rating, an investment-grade A+ score from S&P Global on Monday, as the tiny British-run territory looks to dip into borrowing markets to pay for improvements to its main port.
Tuesday, May 11th 2021 - 01:49 UTC
Vigo anticipates a 50,000 tons Falklands' Loligo catch but it will have to pay tariff to access the EU

The Falkland Islands' fishing industry partners/associates in Vigo are faced with good and bad news. The good news is that the Loligo catch is expected to reach 50,000 tons, while the bad news is that the exceptional squid harvest expected to begin arriving next week in Vigo will be, for the first time facing a 6% tariff when landed in Spain, according to the Galicia media.
Monday, May 10th 2021 - 09:50 UTC
US investors withdrawing from Latin America's three largest economies as populist rulers spark concern

According to a recent report from the Department of the Treasury, investors from the United States are rapidly fleeing the once most promising and three largest countries of Latin America (Brazil, Mexico and Argentina).
Saturday, May 8th 2021 - 09:10 UTC
Quarantine has catastrophic consequences on Argentina's economy, report shows

Argentina's Federal Tax Bureau AFIP data shows 235,381 jobs were lost and around 23,000 companies had closed as the result of the contraction in the economy due to the health measures to control coronavirus, it was reported Friday.
Saturday, May 8th 2021 - 08:15 UTC
Argentina's inflation for the year 2021 forecast at 47.3%

Argentina's monthly inflation for April 2021 is expected to be around 3.8%, according to consulting firms surveyed by the Central Bank.
Saturday, May 8th 2021 - 06:41 UTC
Paraguayan President Abdo meets with Spain's FM

Paraguay's President Mario Abdo Benítez Friday welcomed Spain's Foreign Minister Arancha González Laya at the presidential residence of Mburuvicha Roga in Asunción. The presence of Spain's top diplomat is linked, among other issues, to Mercosur's trade deal with the European Union.
Friday, May 7th 2021 - 09:05 UTC
Brazilian FM underscores China's significance to the South American country

Brazil's Foreign Minister Carlos França Thursday expressed his country's intentions to expand and diversify its economic and trade relations with China, which has grown to become its largest trading partner.