The recent Confederations Cup football tournament helped boost international tourist income to Brazil to record levels in the first half of the year, according to the latest stats from the Brazilian Tourist Board, Embratur.
Paraguay meat industry exports in the first seven months of the year reached 839 million dollars, which is 45% higher than the same period a year ago (577m) according to official data from the National Livestock quality and health services, Senacsa.
Uruguay sold 2 billion in a new 2024 global bond at a yield of 4.521% as a part of a debt liability operation that includes a debt swap, the government said on Wednesday.
Uruguayan former president Tabare Vazquez confirmed on Wednesday he will run for the presidency next year, following a meeting with representatives from the groups which constitute the voting majority of the ruling Broad Front catch-all coalition.
“Until when will we allow ideology to prevail over economics, markets, competitiveness grounding the great vessel of Brazilian trade in the port of little regional pretensions”, asks Katia Abreu in a column published in Folha de Sao Paulo openly criticizing the administration of Dilma Rousseff for its Mercosur policy and the results of the recent Montevideo summit.
Uruguayan president Jose Mujica said that Mercosur should give its members more space to negotiate with third parties and supported linking to the Alliance of the Pacific, which nevertheless he argued is “part of a geopolitical involving China” and not accepted by Brazil.
President Cristina Fernandez, CFK, used the opportunity of Argentina at the rotating chair of the United Nations Security Council to demand an end to the veto power of its five permanent members (United States, Russia, China, Britain and France), and criticize the UK refusal to engage in Falkland Islands sovereignty discussions.
Venezuela is becoming a rough environment for those dissenting with the Bolivarian revolution: in the last few hours a leading Venezuelan opposition was killed and on Monday media group announced the suspension of activities following the freezing of bank accounts and arrest of the owner and publisher.
Chile expects mining investment to reach 112 billion US dollars by 2021, Mining Minister Hernan de Solminihac announced this week. This includes the 27bn planned by Chile’s National Copper Corporation, Codelco. Overall the sum is 8% higher than the November forecast.
Uruguay priced 2 billion dollars in 10-year benchmark sovereign bond on Tuesday at a spread of 187.5 basis points over US Treasuries as part of the government's bid to improve its debt profile, according to reports from Thomson Reuter’s unit IFR. The bond priced at 99.833 with a 4.5% coupon and 4.521% yield, according to IFR.