Industries and markets

Tens of millions suffer as power outage hits Argentina, Uruguay

“It paralysed transportation systems, closed shops, caused long queues at petrol stations, and delayed provincial elections in Argentina, forcing voters to cast ballots by flashlight or by the light of their mobile phones.”

US/Mexico migration deal made public: “safe third country” principle

“The document is a “supplementary agreement” to the deal the US and Mexico signed last Friday, and outlines additional measures the two sides agree to take.”

Argentina and UK take on co-chair of Equal Rights Coalition

“The United Kingdom and Argentina announced on Friday they had taken the co-chair of the Equal Rights Coalition to protect the human rights of LGBT people around the world.”

Good sales prospects from China for Argentina’s 56 million tons of soybeans

“Higher soybean production in Argentina could lead to increased competition with Brazil, as China looks to South America for soybean purchases amid the ongoing US-China trade dispute.”

Thousands of public workers join the first general strike against Brazil’s Bolsonaro reforms

“Protests have been held across Brazil as thousands of public workers take part in a general strike against a government proposal to reform pensions. The strike, the first since far-right President Jair Bolsonaro took office

Argentine inflation 3.1% in May and 57.3% in twelve months

“Inflation in Argentina – and the speed at which the government can bring it down – is likely to be a key issue in the nation’s closely watched presidential election scheduled for October.”

Chile`s president Pinera sacks six ministers in cabinet shakeup

“Pinera dropped the ministers of health, economy, public works, social development and energy as he sought to bring fresh blood into the cabinet and kickstart the economy.”

National Guard’s deployment to border complete by Tuesday

“The deployment of 6,000 National Guard troops to the southern border will be completed by Tuesday, Foreign Secretary Marcelo Ebrard said today.”

Mexico presidency sells its fleet of planes to help finance curbing migration in the south of the country

“The agreement reached on Friday averted escalating import tariffs of 5% on Mexican goods, which US President Donald Trump had vowed to impose unless Mexico did more to contain migration via Central America to the

Argentine ex official sentenced to six years in prison for corruption

“A court on Wednesday sentenced former Argentine secretary of Public Works minister Jose Lopez to six years in prison after he was caught by police trying to hide bags stuffed with US$9 million in cash