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News from South American Economy
Stay current with all the latest and breaking news about South American Economy, compare headlines and perspectives between news sources on stories happening today. In total, 65 stories have been published about South American Economy which Ground News has aggregated in the past 3 months.
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Inflation · BrazilBrazilian families are adding more products to their shopping carts. In the last 12 months, there was an increase of 7.8% in the items purchased with each consumer going to the grocery stores. However, the consumption difficulties of the most vulnerable persist.
Read more (07/08/2024)See the Story
Family shopping cart is fuller with lower inflation and unemployment
Stock Markets · ArgentinaThe Secretary of Labor, Julio Cordero, took stock of the first 45 days of the Back to Work program and assured that there are many beneficiaries of plans willing to take job training courses to access employment. Business interest is growingSee the Story
The numbers that surprised the Government of the new program that converts social plans into job training
100% Left coverage: 1 sources
Javier Milei · ArgentinaThe president highlighted the way the legislator explained the causes of the increase in prices, with technical precision. 'She demonstrated that she knows more about inflation than most economists,' said the head of state.See the Story
Milei praised Lilia Lemoine's analysis of inflation: “It's not a price increase, it's a monetary phenomenon”
100% Left coverage: 1 sources
Taxes · ArgentinaIn the report submitted to Congress, the Executive Branch projected that inflation would be below 130% annually; the four budget policy axes it will prioritize; it predicts a 3.5% drop in GDP.See the Story
Budget 2025 Update: The Government confirmed that the PAIS tax expires at the end of the year and predicted an official dollar at $1016.
100% Right coverage: 1 sources
Europe · BrazilBrazil’s national data protection authority determined on Tuesday that Meta, the parent company of Instagram and Facebook, cannot use data originating in the country to train its artificial intelligence.See the Story
Brazil data regulator bans Meta from mining data to train AI models
Coverage: 14 sources
Americas · ArgentinaFinancial assets plummeted after the announcement of a new monetary scheme on Friday. Both the free dollar and the stock markets set record prices. The BCRA bought $50 million in the market. The country risk once again exceeded 1,500 pointsSee the Story
Negative market reaction after Caputo's announcements: Sharp fall in stocks and rise in the free dollar
Coverage: 2 sources