Economy

• Wednesday, April 7th 2021 - 09:53 UTC

  Patagonian hotels returned to Kirchner family as money laundering enquire reaches nowhere

  

  Argentine Vice President Cristina Fernández de Kirchner Monday recovered all her assets which have been involved in an alleged money-laundering scheme, a federal court ruled Monday.

• Wednesday, April 7th 2021 - 09:40 UTC

  Bolsonaro and Putin discuss Sputnik-V vaccine purchase in telephone conversation

  

  Brazil's President Jair Bolsonaro spoke Tuesday on the telephone with his Russian counterpart, Vladimir Putin, about the possible purchase of Sputnik V, the anti-Covid-19 vaccine developed by the Gamaleya Institute for Research in Epidemiology and Microbiology.

• Tuesday, April 6th 2021 - 09:55 UTC

  Uruguay formally requests meeting with Argentina to work on Mercosur's flexibilization

  

  Uruguay's Foreign Ministry Monday submitted a formal request to the Argentine government to hold a meeting to discuss the flexibility of Mercosur, it was reported.

• Tuesday, April 6th 2021 - 09:10 UTC

  Chile's Parliament passes economic relief bill

  

  Chile's Congress Monday passed a bill granting economic assistance to people in need and whose situation has worsened over the past few months due to the covid-19 crisis.

• Tuesday, April 6th 2021 - 08:48 UTC

  Russia's Putin invites Argentine President over to discuss bilateral cooperation

  

  Russia's President Vladimir Putin Monday held a phone conversation with his Argentine colleague Alberto Fernández, whom he invited over to Moscow for talks to advance cooperation issues.

• Monday, April 5th 2021 - 10:20 UTC

  Argentina's economy can't afford another total lockdown, minister says

  

  Argentina's economy minister Martin Guzman said in a television interview on Saturday that his country could not afford a new total quarantine and made it clear that the government would have to find another way to deal with the new stage of the covid-19 pandemic.

• Monday, April 5th 2021 - 09:30 UTC

  Scania CEO in Argentina foresees record exports for 2021

  

  Scania CEO Andrés Leonard Sunday said in an interview he foresaw a 75% increase in “exports from Tucumán to the world” of bus and lorry gearbox parts.

• Monday, April 5th 2021 - 08:49 UTC

  Sales of used cars skyrocket in Argentina

  

  An increase of up to 65% in the sales of used cars was recorded this past month of March in Argentina, the Chamber of Automotive Commerce (CCA) reported.

• Saturday, April 3rd 2021 - 08:40 UTC

  Suez Canal Authority will seek over US$ 1bn in compensation for Ever Given crisis

  

  Egypt's Suez Canal Authority (SCA) will seek over ask for more than 1 billion dollars in compensation for the losses caused by mega-ship Ever Given blocking traffic in either direction after running aground sideways.

• Thursday, April 1st 2021 - 09:49 UTC

  US State Department critical of Argentina in annual report

  

  The US State Department was particularly critical of Argentina in its annual report on the state of human rights in the world in 2020 released Tuesday.