Economy

• Tuesday, December 30th 2014 - 08:20 UTC

  Capitanich says Sancor to sell baby formula to China

  

  The Argentina firm joins the ranks of the international producers authorised to enter the Asian country's market.

• Tuesday, December 30th 2014 - 07:53 UTC

  Uruguay watching Russia's 'perfect storm' closely

  

  Uruguay's Economy Minister Mario Bergara and Vicepresident Danilo Astori agree on how Russia's situation will affect the South American country's trade balance and whether it may or may not have a direct impact on beef exports.

• Tuesday, December 30th 2014 - 07:49 UTC

  US dollar set aside - China, Russia trade in local currencies

  

  New financial tools come into force as buffer against vulnerability to exchange rate fluctuations.

• Monday, December 29th 2014 - 20:09 UTC

  Did The Saudis And The US Collude In Dropping Oil Prices?

  

  The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price, thus causing serious damage to the world's major oil exporters – most notably Russia.

• Monday, December 29th 2014 - 08:04 UTC

  Lopez: 'Venezuela on the brink of collapse'

  

  Human rights traded for other means of survival as shortages hit average people, says the 43-year-old Harvard graduate from his prison cell in a letter to the Wall Street Journal .

• Monday, December 29th 2014 - 07:57 UTC

  YPFB-Andina awarded exploration rights in Santa Cruz areas

  

  Bolivia's export 6.3 % higher than despite drop in gas volumes. Economic growth, foreign investment continue

• Friday, December 26th 2014 - 06:17 UTC

  Exceptional year 2014 for Argentina's YPF

  

  The CEO of the state-owned oil company YPF Miguel Galuccio has assured that 2014 “was an exceptional year” in terms of growth and investment. He pointed out that every goal for the year had been achieved.

• Friday, December 26th 2014 - 00:59 UTC

  Uruguay's Economy Minister skeptical on ARU study

  

  Consumers could have saved as much as US$ 167 million had fuel been imported directly instead of oil being refined by ANCAP. Mario Bergara deems it to be “overblown”

• Monday, December 22nd 2014 - 08:48 UTC

  Oil price may slump to US$ 20... or then again maybe not

  

  Market analysts describes two possible international scenarios. Whichever one prevails will be decisive. But it is not happenning soon.

• Sunday, December 21st 2014 - 23:44 UTC

  'Inflation above 30%', says De Mendiguren

  

  Lawmaker and member of the Argentine Industrial Union (UIA) José Ignacio de Mendiguren said that inflation is not 40% as some private indexes say, but he pointed out that it is not around 24% as the government says either. “I think it is over 30%,” he said.