MercoPress, en Español

Montevideo, May 20th 2018 - 15:55 UTC

Economy

  • Tuesday, May 20th 2008 - 21:00 UTC

    Uruguay leads region's Economic Climate Index

    The economic climate in Latinamerica dropped in April to its lowest level since 2003 according to the latest edition of the joint index from the Brazilian Getulio Vargas Foundation, FGV, and the IFO Institute from Munich, Germany.

  • Monday, May 19th 2008 - 21:00 UTC

    “Quantum” yield keep Mercosur/EU trade talks stalled

    Mercosur and European Union trade negotiations remain stalled following on Saturday's meeting in Lima according to reports from the Argentine press. Argentine president Cristina Fernandez de Kirchner and the head of the European Commission Jose Manuel Borroso could only agree that it was a discussion with “passion” and if “no country yields, there's no agreement”.

  • Monday, May 19th 2008 - 21:00 UTC

    Soros forecasts “severe” slowdown in real economy

    US, UK citizen, Hungarian born billionaire investor George Soros has given his gloomiest assessment of the state of the US and world economies in an interview with the BBC business editor Robert Peston

  • Sunday, May 18th 2008 - 21:00 UTC

    Good year for business in Latinamerica

    Uruguay ranked fourth in the best country in Latin America to do business listing, according to the second annual Latin Business Index from Latin Business Chronicle. The index has Chile again at the top and Venezuela at the bottom of the 19 countries list.

  • Saturday, May 17th 2008 - 21:00 UTC

    Chinese investor eyeing 9% stake in BHP Billiton

    Shares in mining giant BHP Billiton have jumped on fresh speculation a Chinese investor is eyeing up a 9% stake in the company. The Australian press reported that “Chinese interests” have approached an Australian investment fund to help buy into the world's biggest miner.

  • Saturday, May 17th 2008 - 21:00 UTC

    Brazil's Real rises to nine-year high; up 19% in 12 months

    Brazil's Real rose to a nine-year high as the US dollar slumped and investor demand for commodities and higher-yielding assets increased. Last April 30 Standard & Poor's upgraded Brazilian debt sending the Real and the Sao Paulo Bovespa stock index to new records.

  • Saturday, May 17th 2008 - 21:00 UTC

    EU and Latinamerican leaders promise tighter trade ties

    Leaders from Latin America, Europe and the Caribbean wrapped up a one-day summit in Lima promising to tighten trade ties even as some Andean nations balked at signing new free-trade agreements.

  • Saturday, May 17th 2008 - 21:00 UTC

    Governors creep into the Argentine farmers' conflict

    Argentine provincial governors, from different angles have called on the striking farmers and the government to resume dialogue as the only way out to the two months stand off over a sliding grain and oilseeds export tax system which is “harming” the Argentine people and institutions.

  • Friday, May 16th 2008 - 21:00 UTC

    “Worst of financial turbulence is over”, but hangover persists

    IMF Dominique Strauss-Kahn

    The worst of the global financial turbulence is over, but the effects on the world economy will be felt for some time, the head of the International Monetary Fund said Thursday in Brussels before a European Parliament committee.

  • Friday, May 16th 2008 - 21:00 UTC

    Bernanke urges banks to continue capital-raising efforts

    United States Federal Reserve chairman Ben Bernanke urged financial institutions to remain proactive in their capital-raising efforts as market and economic conditions improve but he also called for better risk management amid “ongoing fragility” in the markets.