Economy

Thursday, January 25th 2018 - 09:53 UTC
Argentine economy expanded 3.9% in November over a year ago

The economic activity index in Argentina, a proxy for the country's Gross Domestic Product (GDP), rose 3.9% in November from a year before - decelerating from October, when the index posted an annual rise of 5.2%.
Thursday, January 25th 2018 - 07:05 UTC
Brazil shares surge as Lula's corruption conviction is confirmed ruling him out his presidential bid

Brazilian assets soared, with the Bovespa surging above 83,000 for the first time ever, and the currency Real surging through 3.20 after three judges in a local appeals court upheld a conviction for corruption imposed last July on ex-President Lula da Silva.
Thursday, January 25th 2018 - 06:39 UTC
Macri and Putin in Moscow reaffirm Argentina/Russia strategic relationship

Argentine President Mauricio Macri and his Russian counterpart, Vladimir Putin, signed on Tuesday a declaration aimed at strengthening bilateral cooperation during a press conference at the Kremlin. Macri told Putin that he hoped this marked the first of many visits to the Russian capital and highlighted their countries’ mutual interests.
Thursday, January 25th 2018 - 06:19 UTC
Chinese foreign minister in Uruguay to promote trade and investments

Chinese foreign minister Wang Yi arrived in Uruguay on Tuesday night for a three-day official visit which includes meetings with his peer Rodolfo Nin Novoa, president Tabare Vazquez and holding a round of talks to promote trade and discuss the possibility of a bilateral agreement.
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.