Economy

• Tuesday, November 8th 2016 - 10:52 UTC

  Paraguay foresees possible economic growth above expectations

  

  Central Bank of Paraguay (BCP) CEO Carlos Fernández Valdovinos spoke of the possibility of closing this year with a growth of more than 4% of gross domestic product (GDP). Announcement due on December 5.

• Tuesday, November 8th 2016 - 06:56 UTC

  Argentine-Qatari fund created for infrastructure works

  

  Argentina and Qatar agreed to create a billion-dollar joint fund to carry out infrastructure works, as part of Vice President Gabriela Michetti's visit to Middle Eastern countries, it was announced Monday.

• Tuesday, November 8th 2016 - 06:48 UTC

  BA Governor Vidal, World Bank agree to finance Salado River works

  

  María Eugenia Vidal, governor of the province of Buenos Aires, reached an agreement with the World Bank for a 380-million-dollars loan to finance infrastructure works that would be beneficial to more than sixty municipalities. Bidding to start in March.

• Monday, November 7th 2016 - 10:41 UTC

  PDVSA, India reach agreement on joint oil production ventures

  

  Venezuela's state-owned oil and natural gas company PDVSA and India have signed accords worth $1.45 billion whereby oil production is expected to increase from 430,000 barrels per day to 855,000 in less than a year. Exports in mind, there is a natiowide shortage of fuel.

• Sunday, November 6th 2016 - 14:13 UTC

  Argentina tops list of attractive countries for UK investments

  

  So said British Deputy Foreign Minister Alan Duncan on Friday during the Business Networking Day, a gathering organized by the Argentine-British Chamber of Commerce at the Embassy in London.

• Saturday, November 5th 2016 - 17:19 UTC

  EU and Canada sign free trade accord, but has to clear 40 European parliaments

  

  The European Union and Canada signed a free trade agreement that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force. Canadian Prime Minister Justin Trudeau signed the treaty along with the heads of EU institutions, a step that should enable a provisional implementation of the pact early in 2017 with the removal of most import duties.

• Saturday, November 5th 2016 - 10:00 UTC

  Argentina's 2017 inflation expected to reach 19.7%, reveals Central bank poll

  

  Argentina's consumer prices will rise by 19.7% in 2017, according to a central bank poll of 56 economists published this week, a slight drop from median expectations in last month's survey but still higher than the central bank's target.

• Saturday, November 5th 2016 - 09:49 UTC

  Bank of England raises inflation and growth forecasts, but Brexit uncertainty remains

  

  The Bank of England has raised its near-term growth and inflation forecasts on Thursday following the slide in sterling seen since the U.K.'s decision to leave the European Union. The bank decided Thursday to keep interest rates at the record low level of 0.25% and maintan its quantitative easing (QE) purchase targets at up to £10 billion for corporate bonds and £435 billion for U.K. government bonds.

• Friday, November 4th 2016 - 22:59 UTC

  Bolivia seeks access to Pacific Ocean via Peruvian por of Ilo

  

  Integration between both countries appears to be on a smooth path after second binational cabinet meeting in Sucre, chaired by Presidents Evo Morales and Pedro Pablo Kuczynski. Railway road to Brazilian port of Santos also on the table

• Friday, November 4th 2016 - 19:44 UTC

  Brazilian soy and corn yields on the rise, according to Conab data

  

  Brazilian farmers’ soy and corn yields have been on the rise, according to data from Conab, an agency from the Ministry of Agriculture. Conab just issued a report putting numbers to the yield growth numbers, and it’s clear that not only are acres on the rise for both soybeans and corn, but productivity is up, too.