Economy

Saturday, November 24th 2018 - 03:07 UTC
Labour strike grounds all Aerolíneas Argentinas flights for November 26

Aerolíneas Argentinas has cancelled all flights scheduled for this coming Monday, Nov. 26, due to a workers' strike, it was announced Friday.A total 371 flights are to be grounded, affecting the travel plans of over 40,000 passengers, which will cost the state-run company around 20 million US dollars in losses.
Friday, November 23rd 2018 - 09:45 UTC
Argentina: waiting for a strong agriculture recovery to help end recession

The industrial production in Argentina dropped 4.8% in October compared to the same period a year ago, accumulating a seven-month consecutive slide, according to the Center of Economic Studies from Orlando Ferreres. Between January and October manufacturing activity registers a 3.5% contraction relative to the same period in 2017.
Friday, November 23rd 2018 - 09:44 UTC
New Zealand promotes trade and farm expertise with Argentina and Uruguay

Farmers, dairy product manufacturers and trade representatives in Uruguay and Argentina are hearing a New Zealand take on current agricultural issues this week.
Friday, November 23rd 2018 - 08:59 UTC
May and Macri will announce the Falklands' second commercial flight with a stopover in Cordoba, insists Ambito

The Argentine financial newspaper Ambito Financiero is insisting with its version of the agreement reached on the second commercial flight of the Falklands to the region, which is anticipates will be formally announced by president Mauricio Macri and UK Prime Minister Theresa May when they meet next 30 November in Buenos Aires in the sidelines of the G20 leaders' summit.
Friday, November 23rd 2018 - 03:57 UTC
Falklands says a decision on a second flight stopover in Argentina “has yet to be made”

* MLA Elsby anticipates the public will be engaged on the final proposal. A final decision on where in Argentina a second commercial flight from the Falklands to a third country in the region will land “has yet to be made,” assured Member of Legislative Assembly Barry Elsby on Thursday.
Thursday, November 22nd 2018 - 09:21 UTC
Venezuela: One billion dollars in bribes and illicit foreign currency operations

Venezuela’s former national treasurer admitted receiving over one billion dollars in bribes as part of illicit foreign currency operations that involved a local television mogul now indicted in U.S. courts, according to U.S. court documents unsealed on Tuesday.
Thursday, November 22nd 2018 - 09:19 UTC
Brazil's future agriculture minister does not discard dumping Mercosur

Tereza Cristina, tapped by President-elect Jair Bolsonaro to head Brazil's Agriculture Ministry, said on Wednesday the country could decide to abandon the Mercosur trade bloc if it failed to address inequality.
Thursday, November 22nd 2018 - 09:10 UTC
Chile and Brazil sign free trade agreement in Santiago

Chile and Brazil signed a free trade agreement on Wednesday that scraps red tape and tariffs between the two South American economies, in a move both governments said would give a boost to regional integration.
Thursday, November 22nd 2018 - 08:16 UTC
Theresa May moves to Brussels to iron out withdrawal deal ahead of Sunday's EU summit

Theresa May will return to Brussels for Brexit talks this weekend as the UK and EU strive to do a deal in time for Sunday's summit of European leaders. After a two-hour meeting with EU officials, the prime minister said progress was being made on the future shape of EU-UK relations.
Wednesday, November 21st 2018 - 17:49 UTC
Aluminum producer Aluar profits 54% up thanks to devaluation of Argentine peso

The aluminum producer Aluar will distribute dividends among its shareholders for $ 2,884 billion (79.71 million US dollars) as a result of an increase in semiannual profits of 54.5%, the company reported to Argentina's stock exchange regulator Comisión Nacional de Valores (CNV), which was due mainly to the peso devaluation.