Economy

• Thursday, March 9th 2023 - 10:55 UTC

  Uruguay, Brazil agree on joint infrastructure works

  

  Brazilian and Uruguayan officials have reached an understanding whereby the Rivera airport will become binational, a waterway will be developed, and a new bridge will be built over the Yaguarón river, it was announced after Tuesday's encounter in Brasilia featuring Foreign Ministers Francisco Bustillo and Mauro Viera, among other dignitaries.

• Thursday, March 9th 2023 - 10:20 UTC

  Chile shows negative inflation in February

  

  Chile recorded a 0.1% decrease in its Consumer Price Index (CPI) for the month of February of 2023 for an interannual 11.9% increase, the National Statistics Institute (INE) reported in Santiago Wednesday. It was the first negative monthly variation since November 2020.

• Wednesday, March 8th 2023 - 10:10 UTC

  Uruguay generates certainty for Argentine migrants, Lacalle says

  

  Uruguayan President Luis Lacalle Pou Tuesday explained that many Argentines had decided to migrate and settle “across the pond” because his country was one that “generates certainty.”

• Monday, March 6th 2023 - 09:55 UTC

  Massa announces “wine dollar” for Argentine producers

  

  The Government of Argentina announced during the weekend the creation of yet another foreign currency exchange rate; one to be applied particularly to wine exports, effective next month.

• Thursday, March 2nd 2023 - 10:14 UTC

  Key members of the Irish Diaspora recognised at the inaugural Business Post Global Irish Diaspora Awards

  

  The Business Post Global Irish Diaspora Awards were held at the Waldorf Hilton, London on Friday, February 24, 2023. With over 70 million people across the globe who claim Irish ancestry, these awards have been established to recognize and celebrate the vast contribution to the world of business that Ireland and its people have made.

• Thursday, March 2nd 2023 - 08:53 UTC

  Uruguayan February exports 8% less than same month last year

  

  Uruguay's exports, including those shipped out of duty-free zones, totaled US$ 939 million in February of 2023, which represented an 8% decrease. The main reason for this setback was reported to be a drop in sales of beef and by-products, rice, wood, and wooden by-products.

• Wednesday, March 1st 2023 - 09:05 UTC

  IMF picks former Chilean Minister to replace Goldfajn

  

  International Monetary Fund (IMF) Managing Director Kristalina Georgieva Tuesday announced that Chilean Economist Minister Rodrigo Valdés had been chosen to succeed the Brazilian Ilan Goldfajn as Regional Director of the global agency. Goldfajn left his post to become President of the Inter-American Development Bank (IDB).

• Tuesday, February 28th 2023 - 10:07 UTC

  Argentine gov't fine-tuning fight against informal beef trade

  

  Argentine exporters have been discovered inflating their expenses in their beef shipments to China leading to tax deductions of around AR$ 13 million (around US$ 34,200 at the unofficial exchange rate), the AFIP tax bureau reported.

• Tuesday, February 28th 2023 - 07:02 UTC

  AMLO wants a five-nation anti-inflation regional alliance

  

  Mexican President Andrés Manuel López Obrador (AMLO), who insisted Monday on dubbing his Peruvian colleague Dina Boluarte “a puppet,” has launched an initiative to tackle inflation with other regional leftwing leaders, namely Argentina's Alberto Fernandez, Brazil's Luiz Inácio Lula Da Silva, Colombia's Gustavo Petro, and Cuba's Miguel Díaz-Canel

• Monday, February 27th 2023 - 17:42 UTC

  Mercosur-EU deal on hold until South American producers follow same protocols, Macron warns

  

  French President Emmanuel Macron once again warned during the weekend that the Mercosur-EU deal would not be ratified until every country involved in it abode by the same set of environmental rules. “When restrictions are imposed on our producers, we must impose them on the food we import,” he underlined.