South America
Sat, 30 Jan 2021 09:55:00 GMTOfficial 2020 inflation in Argentina at 36,1%, but several points higher for the poor half of the country
Argentina registered inflation of 36,1% in 2020, with the declining rate during three quarters, picking up strongly in the last three months particularly basics such as food which is serious since almost half of the Argentine p...
Sat, 30 Jan 2021 09:40:00 GMTFalklands new port will require 900,000 tons of stone
Falkland Island lawmaker, MLA Roger Edwards, portfolio holder for Public Works spoke about the ongoing project for the new port to replace FIPASS, (Falklands Interim Port and Storage System) and the resources it will require, a...
Sat, 30 Jan 2021 09:34:00 GMTOne for Bolsonaro: Brazil almost broke; primary deficit reaches 10% of GDP
Only a week ago, President Jair Bolsonaro said Brazil was “broke” and the latest Treasury numbers have come close to backing the statement. Last year the country reported a record primary budget deficit of 743.1 billion rea...
Sat, 30 Jan 2021 09:23:00 GMTUS economy hazy despite S&P surge, ten million workers jobless and record high unemployment applications
The United States grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. The coronavirus inflicted the worst economic freeze since the end of World War II, the economy...
Sat, 30 Jan 2021 09:14:00 GMTEU will monitor (and block) coronavirus vaccine exports out of the continent
The European Commission will monitor and in some cases block coronavirus vaccine exports out of the bloc since it installed a new mechanism on Friday. The move comes amid a row with the British-Swedish pharmaceutical giant Astr...
Sat, 30 Jan 2021 09:09:00 GMTNovartis to help Pfizer with manufacturing capacity to boost production
The Swiss drugmaker Novartis has signed an initial agreement to provide manufacturing capacity for Pfizer and Biontech's COVID-19 vaccine, a move aimed at helping boost production as supplies fall shy of demand.
Sat, 30 Jan 2021 09:05:00 GMTLarge companies sign "Neptune Declaration" to help crews trapped in ships because of Covid-19
More than 300 large companies pledged this week to work together to help hundreds of thousands of merchant sailors trapped on ships for many months due to Covid-19. About 90% of world trade is transported by sea, and coronaviru...
Sat, 30 Jan 2021 08:15:00 GMTArgentina wheat exports dropped 52% in December year to year
Argentine wheat exports during December 2020 dropped 52% compared to the same month of 2019, the lowest level in the last five years. The cereal revenue was also the lowest in five years, according to information from the local...
Fri, 29 Jan 2021 08:56:00 GMTFalklands‘ sovereignty: in UN letter, UK makes clear to Argentina its historical and legal position
Last 14 January, the United Kingdom Permanent Representative to the United Nations addressed a letter to the Secretary-General. The letter, in accordance with instructions received from the UK Government, was to refer to the le...
Fri, 29 Jan 2021 08:55:00 GMTArgentina expected to grow 5,4% in 2021, far from mitigating pandemic's impact
The International Monetary Fund, IMF, lowered Argentina's growth estimate for this year to 4,5% from its previous 4.9% forecast, according to the World Economic Outlook, WEO, delivered this week and which includes some forty co...