MercoPress, en Español

Montevideo, January 22nd 2019 - 02:29 UTC

Economy

  • Friday, September 7th 2007 - 21:00 UTC

    ECB: rates unchanged and “accommodative” monetary policy

    The Governing Council of the European Central Bank, ECB left interest rates unchanged at 4% on Thursday, emphasizing monetary policy will be “accommodative” and conditioned to further gathering of information given the current high level of uncertainty in financial markets.

  • Thursday, September 6th 2007 - 21:00 UTC

    Argentina's robust economy reflected in August tax revenue

    August tax revenue in Argentina was a higher-than-expected 17.87 billion pesos, (almost 6 billion US dollars) rising 37.4% from the same month last year, partly due to big jumps in sales and income tax revenues, reported Economy Ministry.

  • Thursday, September 6th 2007 - 21:00 UTC

    Keeping inflation on track remains Bank of England's target

    Bank of England

    The Bank of England's Monetary Policy Committee (MPC) voted Thursday to maintain the official Bank Rate paid on commercial bank reserves at 5.75% but also cautioned it would monitor closely effects of the current credit re pricing on inflation.

  • Wednesday, September 5th 2007 - 21:00 UTC

    Autocar Takes Freelander to a New Ground

    Land Rover Freelander

    Autocar, the world's oldest car magazine, has exposed all-new Land Rover Freelander through its paces in the Falkland Islands. The territory is considered one of the most rugged and challenging locations for any 4x4 vehicle.

  • Wednesday, September 5th 2007 - 21:00 UTC

    Wines of Chile reports a 37 percent of wine exports

    Although many of Chile's agro-industrial sectors have suffered this year due to labor conflicts and an exceptionally cold winter, its wine industry is thriving

  • Wednesday, September 5th 2007 - 21:00 UTC

    Beige Book shows Fed in no rush to cut interest rates

    Fed chairman Ben Bernanke

    The United States economy is feeling a “limited” impact from the credit re-pricing and weak housing industry, the Federal Reserve said in its Beige Book report Wednesday. The report suggested the Fed may not be in a rush to aggressively cut interest rates despite skittish financial markets.

  • Tuesday, September 4th 2007 - 21:00 UTC

    Controversy over how fast China is really growing

    While many people believe China will effectively quite soon become the world's second economy and catch up with United States sometime this century, MIT Professor Lester Thurow for a range of reasons argues that China's century will not be this one, but the next.

  • Tuesday, September 4th 2007 - 21:00 UTC

    US leads the world in labour productivity says ILO

    While productivity levels have increased worldwide over the past decade, gaps remain wide between the industrialized region and most others, although South Asia, East Asia, and Central & South-Eastern Europe (non-European Union) & CIS have begun to catch up the International Labor Office (ILO) said in a new report published Monday.

  • Tuesday, September 4th 2007 - 21:00 UTC

    Record wheat prices on possible Russian shipments curb

    Wheat rose to a record in Paris on Monday as traders speculated that Russia could curb shipments to restrain domestic food prices. Moscow has formed a working group that will consider measures to curb grain prices, which may include sales from state inventories as well as export duties and quotas.

  • Tuesday, September 4th 2007 - 21:00 UTC

    Bachelet signs free trade pact with Japan in Tokyo

    President  Bachelet and Japanese Prime Minister Shinzo Abe finalize a FTA

    On the first day of Chilean President Michelle Bachelet's trip to Japan, she and Japanese Prime Minister Shinzo Abe signed a Free Trade Agreement (FTA), which came into effect immediately. That accord is expected to create 50,000 new jobs and significantly increase Chile's exports to Japan.