ENERGY & GAS Javier Milei seeks free oil markets by law in shale-rich Argentina 29-12-2023 21:23 Milei wants to unshackle crude exports and leave local fuel prices at the whim of market forces.
PRICE HIKES Fuel prices soar a further 37% after devaluation of peso 13-12-2023 17:46 Fuel prices will soar around 37% on average over the course of the week following Economy Minister Luis Caputo's devaluation of the peso.
FUEL TAX FREEZE Massa says Argentina will freezes fuel levies until February 2024 01-11-2023 16:22 Deep into election campaign, Argentina's government postpones fuel tax hike to 2024 to avoid further price hikes.
PRICE CONTROLS Fuel suppliers extend 4% monthly 'Precios Justos' price cap until August 13-04-2023 09:11 Major oil firms extend Precios Justos’ price control scheme for fuel, agreeing to cap petrol increases to monthly four percent until August in a bid to tackle inflation and keep costs at the pump down.
BLOOMBERG YPF is poised to rein in capex ambitions amid fuel controls 30-11-2022 22:29 State-run oil company YPF probably will set next year’s spending plan at the lower end of a range that executives are discussing internally.
ECONOMIC INDICATORS Food and fuel price rises put pressure on August inflation figure 03-09-2022 15:34 Most analysts and consultancy firms expect price rises totalled at least 6% last month, with some anticipating a monthly rate that’s closer to 7%.
latin america Guatemala president warns millions could die as visits Ukraine 26-07-2022 16:34 Guatemalan president warns of potential deaths from “food crisis” caused by Russian invasion, in Ukraine visit.
Panama Protests Fresh roadblocks as Panama protesters reject deal 19-07-2022 14:13 Panama government’s deal with protesters fell through this Monday as roadblocks returned. Social groups made u-turn on agreement to end protests in return for lowered fuel costs.
Panama Protests Panama government and protesters strike deals to clear key highway 18-07-2022 13:48 Panama's government agreed to lower fuel prices to end the Panamerican Highway blockade. Indigenous-led protests have halted food transportation over the last fortnight.
Panama Protests Panama government reduces fuel prices in face of protests 14-07-2022 11:54 Panamanian protests achieve lowered fuel prices and rate-freezing for other essentials.
Brazil Elections Brazil annual inflation rate rises to 11.89% 11-07-2022 17:01 June brings accelerated inflation to Brazil, driven mainly by increased food costs, as Jair Bolsonaro’s re-election looms.
Unrest in Ecuador Ecuador talks falter after soldier killed by 'violent demonstrators' 29-06-2022 13:22 Negotiations to end more than two weeks of disruptive living cost protests by indigenous Ecuadoreans were dealt a blow Tuesday when the killing of a soldier prompted the government to suspend participation.
G7 Summit As Ukraine fallout worsens, G7 seeks to woo fence-sitters 28-06-2022 15:48 Five emerging powers, including Argentina, have become the object of the G7 industrialised powers' charm offensive, as the club of rich nations seeks broader support in their backing for Kyiv. Argentina has condemned Russia’s invasion of Ukraine.
UNREST IN ECUADOR Indigenous protester dies at anti-government demos in Ecuador 22-06-2022 11:01 Indigenous protester dies in clashes with law enforcement officers as demonstrations against the Ecuadorean government head into tenth day.