MercoPress, en Español

Montevideo, January 24th 2019 - 10:49 UTC

Economy

  • Sunday, June 22nd 2008 - 21:00 UTC

    Brazil targets joining world milk production short list in 5 years

    In five years Brazil could climb from seventh to first position as the world's main milk producer, according to Marcus Ellias head of the trust controlling the former Italian dairy giant Parmalat Brazilian branch.

  • Saturday, June 21st 2008 - 21:00 UTC

    Punta Arenas short of staples because of farmers' conflict

    Punta Arenas in the extreme south of Chile is suffering a critical shortage of staples mainly sugar, rice and flour as a direct consequence of the Argentine farmers conflict that has been dragging for over 100 days.

  • Thursday, June 19th 2008 - 21:00 UTC

    Lula and top aides in financial summit to curb inflation

    Pte. Lula da Silva

    Brazilian President Lula da Silva, cabinet ministers and his main economic advisors are considering a range of measures, (from budget cuts to pruning credit) with the purpose of curbing inflation according to Folha de Sao Paulo

  • Thursday, June 19th 2008 - 21:00 UTC

    Roughly 60% Chileans in debt; 80% overspends

    Roughly 60% of the Chilean population is in debt, according to a study published this week by the country's Central Bank. And perhaps surprisingly, middle class Chileans account for about 67% of the debt.

  • Thursday, June 19th 2008 - 21:00 UTC

    US drivers making less mileage for sixth month running

    At a time of record-high gasoline prices and a corresponding surge in transit ridership, US citizens are driving less for the sixth month in a row, highlighting the need to find a more sustainable and effective way to fund highway construction and maintenance, said United States Transportation Secretary Mary E. Peters.

  • Thursday, June 19th 2008 - 21:00 UTC

    Argentina honoring contracts with soy from Paraguay

    Argentina is only shipping soybeans from Paraguay in an attempt to honor overseas contracts since no local supplies are arriving to export ports because of the 100-day farmers' stand off with the administration of President Cristina Fernandez de Kirchner.

  • Wednesday, June 18th 2008 - 21:00 UTC

    Quarter point hike in Euro rate almost certain next July

    European Central Bank Executive Board member Juergen Stark said the acceleration in Euro zone inflation to 3.7% in May, the highest rate recorded since the launch of the Euro is a cause for alarm.

  • Tuesday, June 17th 2008 - 21:00 UTC

    Bank of England and Chancellor confirm higher UK inflation

    Bank of England Governor Mervyn King has warned that inflation could rise above 4% this year as oil and energy prices soar. In an open letter to the Chancellor after official inflation hit 3.3%, Mr King said he had revised previous forecasts upwards due to a 15% rise in oil prices during the past month and the prospect of higher gas and electricity bills.

  • Tuesday, June 17th 2008 - 21:00 UTC

    Lula da Silva and top banker determined to stop inflation

    Lula: “We will control inflation, but maintaining sustainable growth”

    Brazilian President Lula da Silva and the country's top banker said fighting inflation remains a top priority, the latest warning against surging consumer prices. Speaking to an audience of investors at the Sao Paulo stock exchange, Lula da Silva said the government is determined to stop short-term inflation pressures from becoming permanent.

  • Tuesday, June 17th 2008 - 21:00 UTC

    US Producer prices climb 1.4% in May, 7.2% in 12 months

    Producer prices in United States jumped by more than expected in May pushed higher by the soaring fuel and food prices, according to the latest release from the US Labor Department.