Industries and markets

Barrick Gold to invest 34 million dollars over two years on Argentina’s Veladero mine

“Bristow stressed that “the mine increased its production by 26,000 ounces in the second quarter of the year” and also noted that “in the last 14 years Veladero has contributed $ 8.9 billion to the

Cryptocurrency Transactions in Brazil Must Now be Reported to its Tax Authorities

“The measure applies to companies, individuals, and brokers using this financial transaction system.”

China, Colombia sign 12 new agreements to strengthen bilateral ties

“China welcomes Colombia to take part in the Belt and Road construction so as to realise the alignment of development strategies of both sides and enhance people-to-people exchanges, to jointly safeguard the existing international system

Brazil already engaged in trade talks with United States, says minister Guedes

“Brazil and the United States compete in key areas like agriculture, making it likely the trade talks will be fraught and long-lasting.”

Mexico’s president says first half growth data is ‘very good news’

“Eine vorläufige Schätzung der nationalen Statistikbehörde ergab, dass Mexiko im ersten Halbjahr 2019 kaum ein Abgleiten in die Rezession vermied, da das Bruttoinlandsprodukt im zweiten Quartal um einen Bruchteil wuchs.”

Brazil’s Central Bank Cuts Interest Rate to Six Percent, Lowest Rate Since 1986

“The lower rate came amid an economic slowdown that has been more notable than expected, and a government push for social security reforms.”

Brazil is Raised to the Status of “Major non-NATO Ally” by the U.S.

“The designation was announced by the White House on Wednesday, July 31st, and gives Brazil preferential access to American weaponry and military training.”

South America expected to grow 0.2% in 2019, forecasts CEPAL

“Hit by five years of “economic slowdown,” Latin America’s economy will grow by barely 0.5% this year, the United Nations economic commission for the region said on Wednesday, well below the 1.3% projected in April.”

Trump after a trade deal with Brazil, but Brasilia says any tariffs agreements must include Mercosur members

“But Troyjo said any talks on tariffs would have to include Brazil’s partners in the South American customs union Mercosur, which includes neighbors Argentina, Uruguay and Paraguay.”

Mexico state assembly passes anti-protest law

“The bill approved Monday sets prison sentences of 6 to 13 years for demonstrators who “fully or partially block free transit of people, vehicles or other specialized machinery used in public or private works projects.”