Argentina Minister of Development and Production Matias Kulfas has said that Argentina expects a 6% growth in industrial output in 2021.  He said he expected Argentina’s economy as a whole to expand 5% to 6% during the year, based on preliminary data and depending on how the novel coronavirus evolves and its impact on growth. TheContinue Reading

The Peruvian Central Bank has reported that the country’s trade balance registered a surplus of US$997 million in January 2021 —an amount US$704 million higher than that registered in the same month of 2020,  “In the first month of 2021, the exports balance amounted to US$4.26 billion, which represented an increase of 9.4%Continue Reading

The Central Bank of Chile (Banco Central de Chile) has stated that the economy of Chile fell by 3.1% in January 2021, as compared to the same month last year.  Data from the Monthly Indicator of Economic Activity (IMACEC) shows this decrease is due to the fall in service activities and the productionContinue Reading

Brasilia, the capital of Brazil has entered a two-week lockdown as COVID-19 cases increase in the country.   Brasilia Governor Ibaneis Rocha decreed the total closure of bars, restaurants, shopping malls and schools until March 15 and prohibited gatherings of people. Sale of alcoholic beverages was prohibited after 8 p.m.  In the federalContinue Reading

On the occasion of the 51st anniversary of Guyana, the  country’s President Dr Irfaan Ali has called on to embrace the concept of One Guyana.   In his Republic Day message, Dr Ali said:  “ “Our country’s national motto, “One people, One nation, One destiny”, is the tripod upon which our independent and republican statehood rests. The elements of ourContinue Reading

The European Council has added 19 more officials from Venezuela in its sanctions list. This decision follows on from the Council conclusions of 25 January 2021, which indicated that the EU stood ready to adopt additional targeted restrictive measures, in view of the deteriorating situation in Venezuela following the DecemberContinue Reading

Health Minister of Brazil Eduardo Pazuello has said that the Brazil Amazonian variant of COVID is three times more contagious.  “Thank God, we had clear news from the analysis that the vaccines still have an effect against this variant,” Pazuello said. “But it is more contagious. By our analysis, it is three time more contagious.” Continue Reading

The Government of Guyana has committed to spend US$17.4M towards developing Information and Communication Technology (ICT) infrastructure to enhance the capabilities of more than 200 communities across the country. An announcement was made by Prime Minister Mark Phillips while he was delivering the feature address at the Caribbean Association ofContinue Reading

Dr. Irfaan Ali, the President of Guyana has said that the oil and gas sector of the country will play a vital role in the development of the country and funds from this sector will finance the education and health sectors.  The President remarked: “What will create an enabling environment, one that willContinue Reading

On January 29, Bolivia began the vaccination campaign against the COVID-19 disease. The   Covid-19 immunization campaign in the South American country began with the Russian Sputnik V vaccine.  The first people to be vaccinated will be health professionals who work in the country’s intensive care units (ICUs).  Bolivian President Luis ArceContinue Reading