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Economy Jan, 03, 2024 0

New countries to join the BRICS in 2024; see more details below

The BRICS, a bloc initially formed by Brazil, Russia, India, China, and South Africa, is set to gain five new members this year in a move spearheaded prominently by China…
Economy Jan, 02, 2024 0

Brazil’s record trade surplus tough to sustain after import slump

Brazil’s record 2023 trade surplus may be tough to repeat this year, private economists and government officials agree, as falling interest rates are expected to boost imports. Brazil’s oil, mining…
Economy Jan, 02, 2024 0

Chamber approves project that regulates carbon market in Brazil

In a decisive vote of 301 in favor and 81 against, the Brazilian Chamber of Deputies approved on Thursday (21/12) a proposal that regulates the carbon market in the country…
Economy Dec, 29, 2023 0

Argentina rejects invitation to join BRICS

In a letter sent to Brazil, Argentine President Javier Milei expressed his intention to decline entry into the BRICS group. In the document obtained by GloboNews, Milei stated that he…
Economy Dec, 29, 2023 0

Milei’s proposed export tax surge sparks discontent among Argentine producers

According to La Nacion, Argentine President Javier Milei has introduced 664 articles in a National Congress law that are expected to impact the way exports are done in the country…
Economy Dec, 26, 2023 0

Argentina unveils new Import Statistics System to streamline trade

The government of Argentina has officially introduced a new Import Statistics System (SEDI) to simplify import procedures, replacing the SIRA. This action was formalized through Resolution 1/2023, published on Tuesday…
Economy Dec, 26, 2023 0

Brazil records 25% hike in agricultural exports volume

In the face of declining export prices, a surge in the volume of agricultural and extractive industry exports has proven pivotal in maintaining a positive trajectory for Brazil’s trade balance,…
Gasoduto Vaca Muerta-Buenos Aires
Oil and Gas Dec, 22, 2023 0

Milei takes further steps to deregulate oil and gas exports in Argentina

The new Argentine government under Javier Milei published a comprehensive decree on December 21 to deregulate the country’s economy. Among various measures, the decree opens the door for the liberalization…
Economy Dec, 21, 2023 0

Milei announces decree to deregulate economy and boost exports in Argentina

Argentina’s new president, Javier Milei, announced on December 20 the Urgency and Necessity Decree (DNU), enabling the economic deregulation of the country. The decree, effective from December 21, modifies or…
Economy Dec, 20, 2023 0

China freezes US$6.5 billion swap credit to Argentina

The Chinese swap credit granted to Argentina, initiated during the Alberto Fernández government and amounting to US$6.5 billion, has been frozen until further notice. These funds could be used for…