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Argentina insists on local currency agreements within Mercosur
Argentina's Minister of Economy, Sergio Massa, said that in order to boost trade between "Mercosur," it is necessary to standardize local...
Brazil achieves $10.6 billion trade surplus for June
Brazil recorded its highest ever trade surplus for June, driven by a larger decline in imports than in exports. The...
Chile’s economic activity down 2% in May as Central Bank readies rate cuts
Chile's economic activity fell more than expected in May compared to the previous year as the central bank prepared to...
Brazil to revise GDP growth projection upwards
Brazil's economy minister, Guilherme Melo, said that his ministry is set to revise its growth forecast for 2023, noting that...
Bank of America to expand in four US states
Bank of America announced that it will open branches for consumers in four new US states. Bank of America will...
Argentina to buy locally-produced lithium from US company for battery production
The Argentine mining secretariat said that Buenos Aires will buy locally produced lithium from the American company "Livent Corp" to...
Mercosur meets in Argentina as the mission to unblock the agreement with the EU begins
The Mercosur countries, Brazil, Argentina, Paraguay, and Uruguay, and the EU are working on a trade deal after reaching an...
“Pimco” is preparing for a “sharp decline” of the global economy – FT
Pacific Investment Management “PIMCO” expects an "even sharper decline" of the global economy, as the heads of central banks are...
Ecuador’s largest solar project secures financing
The US International Development Finance Corporation is preparing to finance the largest solar energy project in Ecuador in Latin America....
Paraguayan finance minister seeks more local currency investors
Paraguay's new finance minister, Carlos Fernandez, is seeking to reduce the government's dependence on US dollar financing by making it...
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