logo

Economy And The Numbers

Share SHARE

Ibovespa, the benchmark stock index in Brazil, rebounded after Thursday's risk-aversion mood and rose by 1.09% Friday, closing at 68,714.66 points, boosted by the rise in oil and iron ore prices abroad. That was Ibovespa's highest closing level since May 16, right before the outbreak of a corruption...

Merval, the main index of the Buenos Aires Stock Exchange, rose 1.16%, closing at 22,988.27 points Friday and setting a new record high still due to the euphoria of the investors after the ruling coalition's victory in last Sunday's primary legislative elections. In the week, driven by the results, the...

Colcap, the main index of the Colombian Stock Exchange, rose 0.44%, closing at 1,477.21 points Friday, due to the strong performance of Bancolombia Preferencial shares. During the week, the Colombian stock market increased 0.96%. Camilo Thomas, an analyst at Alianza Valores, said that Bancolombia...

The FTSE Russell Group included Colombia's Interconexión Eléctrica (ISA) in the FTSE4Good Index due to its compliance with the "ethical values of the stock market, as well as the global standards of corporate responsibility." The FTSE4Good exalts companies on the stock exchange, which comply with...

Colombia's central bank indicated that inflation expectations for December 2017 are at 4.1% per year, slightly above the ceiling of the monetary authority's target, between 2% and 4%. In 12 months, the annual inflation rate in Colombia will be at 3.6%, added the central bank in its August inflation...

Brazilian steelmaker Usiminas said it will further increase the price of products directed to the distribution network by 13.1% as of September 1. The reason, according to the company, is "the readjustment of steel prices in the international market." This was the latest Usiminas' adjustment price...

Argentina will soon resume importing pork from the United States for the first time since 1992, according to reports. The announcement came a few days after U.S. Vice President Mike Pence visited Argentinean President Mauricio Macri in Buenos Aires. According to a White House statement, the United...

Venezuela's National Constituent Assembly (ANC) has assumed legislative duties, putting aside the opposition-controlled Parliament, after legislative directors have ignored a summon by the ANC. In the face of the absence of members of the National Assembly (AN), the ANC, controlled by President Nicolás...

The Chilean current account showed a US$ 1.549 billion deficit in the second quarter of 2017, representing 2.4% of the quarterly Gross Domestic Product (GDP). In cumulative terms, the last four quarters showed a deficit of 2.2% of GDP, the Chilean central bank said on Friday. The monetary authority...

Colombia's average crude oil production in July reached 856,377 barrels per day, 0.06% lower than in the previous month, said the Ministry of Mines and Energy. The fall was due to the restriction on pumping in the Bicentenario pipeline. Meanwhile, preliminary figures on gas production showed an 876,2...

The Brazilian government will request that the World Trade Organization's (WTO) Dispute Settlement Body to set up a panel to discuss the case against Canada related to subsidies given by the North American country to the aviation sector, benefiting Bombardier's C-Series program, which competes with Brazil's...

Chile's Gross Domestic Product (GDP) rose 0.9% in the second quarter of 2017 on an annual basis, the country's central bank said on Friday. In the first half of the year, the Chilean GDP increased by 0.5%, in the same comparison basis, the lowest since 2009. The result was led by the growth of personal...

The World Bank has authorized Argentina to contract more than US$ 400 million in three new credit lines to improve access to housing, administrative services and to increase the Belgrano Rail Plan funding. The loan was signed by the Argentinean Finance Minister Luis Caputo and the World Bank President...

The Colombian Agricultural and Livestock Institute (ICA) reported that the foot-and-mouth disease outbreak that occurred in the country has ended. Colombia's ICA confirmed that 3,325 livestock slaughterings occurred in the municipalities of Tame, Arauca, Yacopí and Tibacuy in the department (state)...

The United States Department of Agriculture (USDA) definitively authorized Argentinean fresh lemons to entry the country, ending a 16 years suspension. According to Argentina's Ministry of Foreign Affairs, the fresh lemons exports to the U.S. were authorized after the South American country producers...

Follow RTT