News of world economy

Christmas this Sunday or last (or both)?

24-12-2022 06:45 The word “catharsis” has been overused in the past month because of its tempting overlap with the World Cup host country’s name but the shoe fits – there was an element of catharsis for a country still emerging from the coronavirus pandemic and enduring over a decade without any sustained growth since that 2010 bicentenary.

You can only dream when there’s a team

17-12-2022 05:55 The Scaloneta’s smooth passage into tomorrow’s World Cup final in Qatar following last Tuesday’s semi-final has given a troubled nation an outburst of unanimous joy not seen in a long time. The key? Teamwork.

South America rain offers hope for relief in world food prices

15-11-2022 21:28 Rain finally fell in Argentina over the weekend and soy farmers started revving up tractors to make up for lost planting time.

From Coldplay shows to the World Cup, Argentina mixes exchange rates

12-10-2022 08:23 Government officials on Wednesday will roll out new taxes applied to the official exchange rate for foreign travel ahead of the World Cup in Qatar next month and for locals attending concerts by artists such as British rock band Coldplay.

Broker’s model sees Argentina beating England in World Cup Final

20-09-2022 13:28 A London-based stockbroker has forecast victory for Argentina and yet more years of hurt for England football fans, according to its model predicting the winner of the upcoming FIFA World Cup.

China steps up soybean buying from US, Brazil, Argentina

01-09-2022 01:49 China is stepping up soybean imports to meet rising demand ahead of a seasonally strong period for consumption.

IMF upgrades Argentina growth projection ahead of Guzmán talks

19-04-2022 16:26 Multilateral lender predicts GDP will improve by 4% in 2022 but sees inflation topping out the year at 48%.

Global energy upheaval threatens years of natural gas shortages

07-04-2022 22:05 War, the energy transition, severe weather and surging demand are creating a period of upheaval that is tightening natural gas supply like never before.

US consumer prices rose 7.5% annually to January – largest since 1982

10-02-2022 11:56 Consumer prices in the United States rose at an annual rate not seen since February 1982, with a 7.5% increase over the 12 months to January.

US inflation charges higher with larger-than-forecast gain

10-02-2022 11:41 Consumer prices in the United States surged in January by more than expected, sending the annual inflation rate to a fresh four-decade high.

IMF warns of 'economic collapse' unless G20 extends debt relief

02-12-2021 15:37 IMF urges G20 nations to extend and improve debt relief initiatives, warning that many countries face a dire crisis without the help.

World Bank: 40% of households in Argentina lost income during pandemic

30-11-2021 21:56 According to the World Bank, "food insecurity" almost doubled in Latin America and the Caribbean during the pandemic, with almost 40% of homes in Argentina hit by a drop in earnings.

Chile's opposition accuses President Piñera after Pandora Papers report

06-10-2021 13:01 Opposition lawmakers in Chile said Tuesday they will present a parliamentary charge that could lead to the removal of President Sebastian Piñera following allegations related to the Pandora Papers leak.

Pandora Papers: the latest mega leak on tax-dodging

06-10-2021 09:35 The Pandora Papers leak is the latest – and biggest – to shine a light on tax evasion of the rich and powerful from the whistleblowing International Consortium of Investigative Journalists (ICIJ).

Debt load threatens Latin America jobs recovery, World Bank says

14-09-2021 12:06 Latin America’s heavily-indebted corporations are likely to delay rehiring workers during the recovery from last year’s slump, according to the World Bank.

The Argentine river that carries soybeans to world is drying up

06-08-2021 11:22 Key waterway’s troubles deepen strains on nation’s recovery; Falling export values, rising energy imports chip away at peso.

WeWork posts best sales since dropping IPO plans in 2019

21-06-2021 10:50 Global co-working company records best net desk sales since September 2019 and forms joint venture with SoftBank Latin America Fund to oversee the operations in Argentina, Brazil, Chile, Colombia and Mexico

Colombia's Covid death toll surges toward 100,000 as economy reopens

17-06-2021 17:49 Colombia has the fourth-highest per-capita death rate in the world over the past week. New daily cases have topped 29,000 this month, threatening to overwhelm the health system. But large swathes of the economy are set to be reopened.

Life after the great pandemic

01-05-2021 00:43 Hopes that the pandemic would abolish history by putting things in perspective and unite the world are still floating around, but they owe more to wishful thinking than to anything else.

by James Neilson

What we learned this week: April 25 to May 1

01-05-2021 00:01 Our pick of the stories that caught our eye over the last seven days in Argentina.