Economy

• Wednesday, January 24th 2018 - 10:02 UTC

  “Enough is enough”, thousands of Uruguayan farmers tell the government

  

  “Enough is enough”, an end to the bloated state and its fiscal voracity, so that Uruguayan farmers can recover competitiveness, was the clear message from tens of thousands who gathered in central Uruguay to express their disenchantment with president Tabare Vazquez administration attitude towards the rural sector.

• Wednesday, January 24th 2018 - 07:18 UTC

  Trump makes “America big again” by imposing stiff tariffs on solar panels and washing machines

  

  President Donald Trump's decision on Monday to impose stiff tariffs on imported solar panels and washing machines has stirred concerns around the world, including North America. Mexico says it regrets the U.S. decision not to exclude it from these new tariffs. And it's vowing to take action to halt Mr. Trump's latest salvo on global trade.

• Tuesday, January 23rd 2018 - 09:23 UTC

  Trump's tax reform prompts brighter outlook for global economy, says IMF

  

  Prospects for the global economy are looking brighter, according to the International Monetary Fund (IMF), arguing that the recent pick-up has been pretty broad-based, particularly in Europe and Asia. Tax reforms in the United States are expected to stimulate economic activity, especially business investment.

• Tuesday, January 23rd 2018 - 09:08 UTC

  Chile praises Beijing for its leadership and rejecting protectionism

  

  Chile’s foreign minister welcomed Chinese representatives to a meeting with Latin American and Caribbean countries and praised Beijing for rejecting protectionism as the United States backs away from global trade.

• Tuesday, January 23rd 2018 - 07:10 UTC

  A long announced summer surprise for the Uruguayan government of Vazquez and Mujica

  

  Anywhere between 8.000 and 50.000 people are expected to convene on Tuesday to Durazno, central Uruguay, to protest and demand solutions to what is seen as an over bloated government, fiscal strangling, incompetent management of government companies and an overall dissatisfaction with the results of these policies and deaf political ears to the ongoing complaints.

• Tuesday, January 23rd 2018 - 06:42 UTC

  Macri in European tour to promote Argentina: Moscow, Davos and Paris

  

  Argentine president Mauricio Macri arrived on Monday evening to Moscow the first leg of his latest tour of European countries, and the first of 2018, with the purpose of promoting Argentina and attracting investments. In Moscow president Macri and First Lady Juliana Awada are scheduled to meet with president Vladimir Putin at the Kremlin.

• Tuesday, January 23rd 2018 - 06:27 UTC

  Jaguar Land Rover plans production cuts on Brexit uncertainty and diesel cars' taxes

  

  Jaguar Land Rover will cut production of some vehicles amid uncertainty over Brexit and changes to taxes on diesel cars. The company will scale back output of Range Rover Discovery Sport and Evoque models temporarily later this year. Last week, JLR said its global sales hit a record in 2017, but that the UK market was “tough”.

• Saturday, January 20th 2018 - 10:48 UTC

  Bipartisan efforts failed: US Government shutdown

  

  For first time since 2013, the US government is in shutdown after senators rejected a temporary spending patch. Trump accuses Democrats of taking Americans hostage with their demands.

• Saturday, January 20th 2018 - 09:26 UTC

  Argentina drastically slashes docking services to lower exports' costs

  

  Argentina has set a maximum rate paid for port docking and undocking services, the government said in its official gazette, a change the Transportation Ministry said would slash docking costs by up to 40%. The move comes as President Mauricio Macri seeks to lower the cost of exporting food from the world’s No. 3 soy and corn exporter and the leading shipper of soybean livestock feed.

• Saturday, January 20th 2018 - 09:21 UTC

  Argentina posted a primary fiscal deficit of 3.9% of GDP during 2017

  

  Argentina posted a primary fiscal deficit worth 3.9% of GDP in 2017, below its 4.2% goal and the 4.6% figure posted in 2016, Treasury Minister Nicolas Dujovne told reporters. He said the government’s 2018 target for a primary fiscal deficit remained at 3.2% of GDP, with targets of deficits worth 0.6% in the first quarter, 1.6% in the second quarter and 2.2% in the third quarter.