Economy

• Tuesday, December 10th 2019 - 11:30 UTC

  Peronism is back in Argentina: Alberto Fernández assumes as President

  

  Peronism will return to power in Argentina from Tuesday. The political force will do it in the hands of the elected President, Alberto Fernández, who will go to the Casa Rosada, the presidential headquarters, at noon after presenting the oath in the Congress to the outgoing vice president, Gabriela Michetti

• Monday, December 9th 2019 - 09:35 UTC

  France braces for a fifth day of public transport chaos as strike against pension reform persists

  

  French commuters and tourists braced for a fifth day of public transport chaos Monday as the government prepared to respond to widespread anger over pension reform that has sparked open-ended walkouts.

• Saturday, December 7th 2019 - 09:50 UTC

  Future Argentine economy minister is US trained and an academic expert in sovereign debt

  

  Argentina’s Martin Guzman, a whiz-kid economist with close ties to influential U.S. economist Joseph Stiglitz, will bring a sharp academic intellect but little policy-making experience to the daunting task of reviving Latin America’s third-largest economy and averting a damaging default.

• Saturday, December 7th 2019 - 09:46 UTC

  Lower electricity and transport fares help to keep inflation almost unchanged in turbulent Chile

  

  Chilean consumer prices barely budged amid unrest in November, the government said on Friday, with inflationary pressure from a downward spiraling peso offset by one-time cuts in electricity rates and public transportation fares.

• Saturday, December 7th 2019 - 09:40 UTC

  Falklands to assess development of a near-shore aquaculture

  

  A detailed assessment is to be carried out into the potential development of an aquaculture industry in the Falkland Islands, it was announced by the government. The proposal is at a very early stage and the Falkland Islands Government needs to improve its understanding of the industry before making a commitment to any go-ahead.

• Saturday, December 7th 2019 - 09:39 UTC

  Rising cost of meat pushes Brazil's November inflation to a high month-on-month increase

  

  Brazilian consumer price inflation bounced back to seven-month highs in November from ultra-low levels the month before, led by the rising cost of meat and regulated prices like electricity, official figures showed on Friday.

• Saturday, December 7th 2019 - 09:32 UTC

  Peru agrees to promote US investments in the country to counter Beijing influence

  

  Lima and Washington are in the final stages of talks on a deal to promote American investments in Peru as part of a U.S. initiative to counter Chinese influence in the region, Peruvian diplomatic sources said.

• Saturday, December 7th 2019 - 09:20 UTC

  Brazil's growth stats for the 3Q expected to be revised upwards

  

  Brazil’s statistics agency IBGE will revise the country’s third quarter GDP figures, it said, after upward revisions to export data this week suggested growth may have been stronger than first estimated.

• Friday, December 6th 2019 - 09:40 UTC

  Falklands' fishing companies question government's decision to increase toothfish and calamari fishery fees

  

  Falkland Islands fishing company representatives led by Stuart Wallace of Fortuna Ltd condemned the 50% rise in toothfish and calamari fishery fees at the Fisheries Committee meeting.

• Friday, December 6th 2019 - 09:10 UTC

  Argentina: Surveys indicate 40.8% of the population lives below the poverty line

  

  A third of Argentine homes and 40.8% of people were below the poverty line at the end of the third quarter according to the Social Debt Observatory from the Argentine Catholic University, UCA, which regularly releases the data.