Economy

• Friday, May 14th 2021 - 09:30 UTC

  Investor confidence in Uruguay allows for local currency bond issue

  

  Uruguay placed on the market a new 10-year peso bond for the equivalent of US $ 1,166 million at an interest rate of 8.25% per year, reported the Minister of Economy, Azucena Arbeleche. It is the lowest interest rate in the historical comparison of emissions by Uruguay.

• Friday, May 14th 2021 - 09:27 UTC

  Argentine President meets Italian PM, the Pope and a top World Bank official

  

  Argentine President Alberto Fernández Thursday met with his Italian counterpart, Sergio Mattarella, with Prime Minister Mario Draghi and with Pope Francis in another stop of his one-week European tour.

• Friday, May 14th 2021 - 09:14 UTC

  Argentine inflation for April set at 4.1%

  

  Argentina's April inflation reached 4.1% for a cumulative rise of 17.6% in the first four months of 2021, the National Institute of Statistics and Censuses (INDEC) reported on Thursday.

• Friday, May 14th 2021 - 08:44 UTC

  Colombian Government ready to negotiate but protests must first stop

  

  The Colombian government of President Iván Duque Thursday insisted that the National Unemployment Committee needs to withdraw from the conflicts affecting the country if there is to be any dialogue.

• Friday, May 14th 2021 - 08:31 UTC

  Bolivia suspends train tests to Chile after truckers protests

  

  The tests to reactivate a cargo rail line that connects the Chilean port of Arica (north) with Viacha, Bolivia (southwest), will be suspended, Bolivian authorities announced this Thursday, after several days of roadblocks by truck drivers against the initiative.

• Thursday, May 13th 2021 - 09:29 UTC

  French President Macron supports Argentina regarding IMF, Paris Club talks

  

  Argentine President Alberto Fernández Wednesday expressed his gratitude to his French colleague Emmanuel Macron for the latter's support with regards to debt renegotiations with the International Monetary Fund (IMF) and the Paris Club.

• 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.