Economy

Thursday, September 12th 2019 - 09:55 UTC
Questions on the role of the IMF in the Argentine financial situation

Despite a history of many IMF rescue programs, Argentina once again faces a deepening financial crisis, raising questions about whether the Washington-based lender made a mistake in its dealings with Latin America's third largest economy.
Wednesday, September 11th 2019 - 09:57 UTC
The balancing act of Alberto Fernandez between populism and free market reforms

Argentina's presidential front-runner Alberto Fernandez is on a tightrope between the interventionist policies of his better-known running mate Cristina Fernandez de Kirchner and the stumbling free-market reforms of incumbent Mauricio Macri.
Wednesday, September 11th 2019 - 09:35 UTC
China agrees to open its soymeal livestock feed market to Argentina; pact will be signed Wednesday

China will allow the import of soymeal livestock feed from Argentina for the first time under a deal announced by Buenos Aires on Tuesday, an agreement that will link the world's top exporter of the feed with the top global consumer.
Wednesday, September 11th 2019 - 09:32 UTC
Brazilian markets influenced by weak data from China and coming central banks decisions

Brazilian shares broke a four-day run of gains on Tuesday, mirroring declines in global stocks after weak China data-fueled growth concerns, while currencies were tepid ahead of major central bank policy decisions.
Wednesday, September 11th 2019 - 09:29 UTC
Latin America's two largest economies begin talks on a free trade deal

Brazil and Mexico have begun talks on a free trade deal, officials announced seeking to deepen commercial ties between the two largest economies in Latin America as trade tensions threaten to undermine global growth.
Wednesday, September 11th 2019 - 09:24 UTC
Brazilian officials cautiously say the worst of recession is over, but anticipate no easing of austerity

Brazil’s government on Tuesday slightly raised its 2019 economic growth forecast and said the worst for the economy is probably behind it but showed no sign it is willing to ease up on its commitment to austerity and strict fiscal discipline.
Tuesday, September 10th 2019 - 20:42 UTC
Uruguayan Rural Association Vice-president valued visit from Falklands producers: “They have an impeccable model”

The exchange between agricultural producers in the Falkland Islands and specialists in the Uruguayan sheep sector has become stronger in recent days since a delegation from the islands toured the country visiting sites related to the textile industry.
Tuesday, September 10th 2019 - 09:54 UTC
Argentine gross public debt stands at US$ 337.367 million; 2020 repayments sum US$ 44.232 million

Argentine gross public debt climbed 3% at the end of the second quarter of the year and has reached US$ 337.367 million compared to US$ 327.166 million in the same period last year, according to the Financial Secretariat.
Tuesday, September 10th 2019 - 09:50 UTC
Brazil and China closer: Bolsonaro visits Beijing in October and Xi travels to Brasilia in November

Brazil’s Vice President Hamilton Mourao said on Monday that Chinese President Xi Jinping will visit Brazil in November, as the two nations seek to strengthen political and economic ties at a time of global trade tensions.
Tuesday, September 10th 2019 - 09:50 UTC
August inflation in Brazil below target, with room for further rate cuts

Consumer price inflation in Brazil was well contained in August, as forecast, reinforcing expectations of deeper interest rate cuts by the central bank as it tries to fire up economic growth.