Economy

• 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.

• Friday, December 6th 2019 - 08:52 UTC

  Brazilian government optimistic about reforms and the economy's performance forecast

  

  The Brazilian government’s commitment to getting public finances in order and maintaining strict fiscal discipline will lead to the country’s sovereign credit rating being upgraded, Treasury Secretary Mansueto Almeida said on Thursday.

• Thursday, December 5th 2019 - 09:54 UTC

  Argentine next economic team seems to be closely inspired by Stiglitz' policies

  

  Argentina's incoming cabinet has already been chosen and will be revealed on Friday, President-elect Alberto Fernandez said, while his team confirmed a few major picks, including the incoming foreign minister, chief of staff and some names from the economic team.

• Thursday, December 5th 2019 - 09:04 UTC

  With 3.6% jobless rate, Trump plans to cut food stamp program; “we need everyone who can work, to work”

  

  The Trump administration said on Wednesday it will make it harder for states to keep residents in the U.S. food stamp program in a move that is projected to end benefits for nearly 700,000 people.

• Thursday, December 5th 2019 - 08:54 UTC

  Argentina's central bank chief Guido Sandleris resigns ahead of the new government

  

  Argentina central bank chief Guido Sandleris resigned on Wednesday, an expected step as Latin America’s third-largest economy transitions to Peronism next week under newly elected President Alberto Fernandez.

• Wednesday, December 4th 2019 - 09:48 UTC

  Beijing's gift to El Salvador for Taiwan cut off: Stadium, library, water plants

  

  China has agreed to pay for a new national stadium and library in El Salvador as part of an infrastructure package promised to the country after it switched allegiance from Taiwan to Beijing.