Economy & Markets
A total of 17 Cherry Express ships, with a capacity of nearly 5,000 tons in 240 containers, will transport the fruit to the Asian giant.
On an annualized basis, the US economy expanded by 3.1% in the same period of the year, compared with 3% in the period from April to June.
The change in the estimate reflects a positive surprise in the third quarter final result and fourth quarter indicators.
"The economies of the region will remain trapped in a low growth capacity trap this year and next," ECLAC said.
The Minister of Economy, José Arista, stressed that there is macroeconomic stability for investors.
This reduction of 25 basis points follows the reduction of half a point decreed last September.
The ship carries more than 20,000 tons of Peruvian fruits such as blueberries, avocados, grapes and mangoes.
It was indicated that inflation in the southern country would only ease during the second half of 2025, to reach the target of 3% at the beginning of 2026.
The rating agency notes that political conditions in Europe will be crucial in determining the final outcome, as they are likely to play a major role when this stage begins.
Key activities will focus on improving governance of the mining sector, strengthening geological knowledge and advancing the sustainable extraction of critical raw materials such as copper, lithium and rare earth elements.
Since October, border areas have been militarized to prevent the export of food to countries such as Peru and Brazil.
Meanwhile, Argentina's GDP contracted by 2.1% year-on-year in the same period, according to Indec.
Informality, infrastructure deficiencies and political uncertainty are the major obstacles that the Andean country must overcome on its way to becoming a “club of rich countries.”
The economist and Yamandú Orsi's main advisor on this matter will replace Azucena Arbeleche, who has been the head of this portfolio under the presidency of Luis Lacalle for the last five years, starting in March.
The highest representative of the Government will be Milei's chief of staff, Guillermo Francos.
Uruguayan exporters benefited from measures implemented by the new Argentine government of Javier Milei.
The Minister of Labor and Employment Promotion, Daniel Maurate, recalled that in the last quarter of this year the increase in the Minimum Vital Remuneration (RMV) was going to take place .
The restructuring of markets for the Uruguayan meat industry has allowed it to maintain its export revenue levels.
The Ministry of Labor will set the amount of remuneration until December 20.
The president has warned that the budget crisis "will not be paid for by the people," which points to a significant increase in the minimum wage if an agreement is not reached with unions and employers.
The approved resolution was sent to the Senate Board of Directors so that it can be discussed and voted on in the Senate Plenary.
