VENEZUELAN ECONOMY Venezuela's risky currency stabilisation to tackle inflation 27-03-2022 08:42 The beleaguered bolívar has, against all odds, managed to stabilise since October, thanks to a US$2.2-billion investment by the state.
BRAZIL UNDER BOLSONARO Brazil exits recession, but faces tough year ahead 06-03-2022 09:02 Brazil exited recession in the fourth quarter, but weak growth and high inflation still dog Latin America's biggest economy.
ECONOMIC INDICATORS GDP grew 10.3% in 2021 after three years of decline 25-02-2022 14:51 National statistics bureau confirms Argentina’s gross domestic product rose 10.3% in 2021 – first year of growth since 2017.
ECONOMIC INDICATORS Economy caps strong second half with December rebound 23-02-2022 17:41 Argentina’s economy capped a strong second half of growth as it emerged from a long recession last year.
IMF DEBT TALKS IMF debt deal: The roots of Argentina's economic crisis 28-01-2022 22:05 Argentina, which has been battling a deep economic crisis since 2018, has unveiled a new debt repayment deal with the International Monetary Fund.
ECONOMIC INDICATORS Tech firms lead job recovery amid company exodus 26-11-2021 15:01 Argentina's tech sector is a bright spot that is creating jobs even as many companies are closing in a hostile business environment.
Economy World Bank forecasts 'modest recovery' for Latin America and Caribbean 09-06-2021 14:51 Latin America and the Caribbean will have "modest economic recoveries" in 2021, the World Bank has warned. Argentina's economy forecast to rebound 6.4% this year.
ECONOMIC INDICATORS Inflation continues to rise: prices increased 4.1% in April 14-05-2021 01:47 INDEC’s Consumer Price Index shows cost of living jumped 4.1% in April and 17.6% in the first four months of the year.
ECONOMIC INDICATORS Argentina records highest inflation rate in 18 months: 4.8% 15-04-2021 17:35 Inflation in March reached 4.8% – the highest figure since September 2019. Prices have jumped 12.4% in first three months of year, 42.6% over last 12 months.
ECONOMIC INDICATORS Inflation in Argentina speeds up, prompting government crackdown 15-04-2021 09:44 Argentina’s inflation accelerated last month at the fastest pace since President Alberto Fernández took office in late 2019, experts believe, prompting the government to tighten its unorthodox controls over companies.
CRISIS IN VENEZUELA GoFundMe or death: Venezuelans seek online help in Covid pandemic 09-04-2021 08:00 With a saturated public health care system and out of reach prices in private clinics, many Venezuelans are turning to crowdfunding sites throughout the Covid-19 pandemic.
ECONOMIC INDICATORS Official: Argentina's economy shrank 9.9% in 2020, confirms INDEC 23-03-2021 21:26 Economy shrank by 9.9% in 2020 year-on-year due to the coronavirus pandemic – its worst fall in almost 20 years.
ECONOMIC INDICATORS INDEC: Inflation in February hit 3.6% 11-03-2021 17:48 Prices in Argentina have risen by 40.7% over the last 12 months, and by 7.8% in the first two months of 2021, according to government data.
ECONOMIC INDICATORS Brazil ends new 'lost decade' with GDP drop of 4.1% in 2020 03-03-2021 10:26 The economy of Argentina's giant neighbour registered a 4.1% contraction in 2020, according to official data.
Venezuela In crisis-hit Venezuela, maternity wards have become death traps 29-01-2021 17:31 With seven years of back-to-back recession and the highest inflation in the world, Venezuela's hospitals are creaking skeletons of their former selves, and the effects on maternity wards can be devastating.
ECONOMIC INDICATORS Inflation reached 3.8% in October, highest monthly rate of year 12-11-2020 17:05 Prices in Argentina have risen by 26.9% since turn of the year, reveals INDEC national statistics bureau.
ECONOMIC INDICATORS INDEC: Inflation 2.8% in September, 22.3% this year so far 14-10-2020 18:22 Consumer prices rose 2.8% in September, with the biggest increases in clothing and footwear and alcoholic beverages and tobacco.
ECONOMIC INDICATORS INDEC says inflation in August reached 2.7% 16-09-2020 18:24 Consumer prices in Argentina increased 2.7% in August and have risen 18.9% since the turn of the year.
Global pandemic Peru's economy slumps amid pandemic 21-08-2020 14:54 Peru's year-on-year GDP fell by 30% in the second quarter of 2020 as it was badly affected by coronavirus containment measures, the government said on Thursday.
ECONOMIC INDICATORS Inflation in Argentina reached 1.9% in July 13-08-2020 17:59 Consumer prices rose 1.9% in July from the previous month. Inflation since the turn of the year now totals 15.8%.
ECONOMIC INDICATORS Inflation in June hit 2.2%, reveals INDEC 15-07-2020 18:21 Consumer prices outpaced expectations to rise by 2.2% last month despite the coronavirus lockdown. In the first six months of 2020 inflation totalled 13.6%, with prices up 42.8% over the last year.
CRISIS IN VENEZUELA Venezuela's fuel shortages persist despite Iran deliveries 14-07-2020 14:59 Venezuela citizens are still forced to line up for gasoline, sometimes for days, despite Iran's major fuel shipment last month.
OPINION Giorgio was right 04-07-2020 08:51 Quarantine has been renewed, presented as a lifestyle by the government. by Pola Oloixarac
Coronavirus pandemic Argentina surpasses 50,000 Covid-19 cases, new restrictions on way 26-06-2020 02:58 President Alberto Fernández set to announce return to strict lockdown in Buenos Aires metropolitan area, running from July 1 to 17.
Coronavirus economies IMF forecasts deeper Latin America recession in 2020 24-06-2020 16:59 International Monetary Fund predicts 9.4% contraction in Latin America and the Caribbean, largely due to the economies of Mexico and Brazil, both of which are struggling to contain the Covid-19 pandemic.