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Economy And The Numbers

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Ibovespa, the benchmark stock market index in Brazil, closed up 1.57% at 74,594.61 points on Tuesday amid a better external scene and investors' view that president Michel Temer is closer to get the pension reform bill voted in the House of Representatives later this year. "In the external scenario,...

Colcap, the main index of the Colombian Stock Exchange, is rising 0.09% shortly before closing Tuesday to 1,447.55 points, despite negative corporate quarterly results. Corficolombiana published the main earnings report of the Colombia stock exchange and said that its net income decreased by 25.5%...

trade.jpg The value of total construction work in Australia done in the third quarter of 2017 surged a seasonally adjusted 15.7 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Wednesday - coming in at A$61.863 billion. The headline figure blew away forecasts for...

Merval, the main index of the Buenos Aires Stock Exchange, rose 0.53% Tuesday, closing at 27,274.43 points after a holiday break in a session influenced Argentinean ADRs' performance on Wall Street. After several sessions going through a correction and technical rebounds, analysts are waiting to see...

The Brazilian government is still too far from reaching enough support to pass the pension reform bill in the House of Representatives, said House Speaker Rodrigo Maia. In an interview with Radio CBN, Maia said that the current situation is due to "all the wear and tear that the bill has been going...

Former Chilean president and center-right candidate Sebastián Piñera had a lower than expected performance in Sunday's presidential polls, but still obtained the highest number of votes in the first voting round. Meanwhile, left-wing candidates won a higher proportion of the votes than expected. As a...

The value of total construction work in Australia done in the third quarter of 2017 jumped a seasonally adjusted 15.7 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Wednesday - coming in at A$61.863 billion. The headline figure blew away forecasts for...

The Venezuelan government intervened in the wholesale chain Makro, one of the largest in the world, for "conditioning the sale of products of first necessity," scarce in the South American country. "After several complaints received (...), by the exorbitant prices in the Makro commercialization network,...

Peru's gross domestic product (GDP) grew 2.5% in the third quarter of 2017 when compared to the same period of 2016, said the South American country's statistics office. The result was due to the favorable evolution of final private consumption (+2.3%), government consumption (+5.9%) and investment...

The Argentinean primary deficit decreased by 47% in October on an annual basis, to a 32.5 billion pesos, said the country's Ministry of Finance. According to the government, the decreasing deficit is the result of a significant slowdown in the growth of expenses, that increased 6% compared to the...

Electricity and gas tariffs in Argentina are set to be inflation-adjusted starting in the second half of 2019, but will rise sharply in the short term, said the Argentinean Minister of Energy and Mining, Juan José Aranguren, during an interview with Radio La Red. He added that gas prices in Argentina...

Australia's economy continued to expand in October, the latest survey from Westpac Bank revealed on Wednesday. The bank's leading economic index was up 0.13 percent on month last month, after gaining an upwardly revised 0.14 percent in the previous month. September's original reading called for...

Despite the efforts in the search operations for the submarine ARA San Juan, which disappeared from the radars last Wednesday, there are still no indications on the vessel's location, said the Argentinean Navy spokesman, Captain Enrique Balbi. The situation is critical, given that the authorities...

Colombian Foreign Minister María Ángela Holguín, who met in Washington with her U.S. counterpart Rex Tillerson, told reporters that the massive arrival of Venezuelan citizens fleeing the economic and political crisis in their country complicates the situation in Colombia, which seeks to overcome an armed...

The Russian government said it would suspend imports of beef and pork meat from Brazil starting December 1, arguing that Brazilian producers are using the additive ractopamine to enhance animal growth. The substance is illegal in Russia. Brazilian pork producers denied Russian allegations and said...

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