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MercoPress, en Español

Montevideo, January 10th 2026 - 05:01 UTC

Economy

  • Thursday, December 11th 2025 - 10:28 UTC

    Argentina issues first dollar-denominated bonds in years

    The last dollar-denominated issuance occurred in January 2018 under then-President Mauricio Macri

    The Argentine Government of President Javier Milei returned to foreign debt markets, raising US$1 billion to cover impending maturities, it was reported Thursday in Buenos Aires. The Economy Ministry auctioned the new BONAR 2029N bond.

  • Thursday, December 11th 2025 - 10:00 UTC

    Brazil: Selic rate kept at 15% for the fourth consecutive time

    The Selic rate has stayed unchanged for the past four months

    The Monetary Policy Committee (Copom) of Brazil's Central Bank (BCB) unanimously decided on Wednesday to keep the economy's base interest rate known as Selic at 15% per annum, in accordiance with market expectations, given the current declining inflation and economic slowdown.

  • Thursday, December 11th 2025 - 08:41 UTC

    Brazilian-American tapped as next CEO of main soft drink company next year

    “I am excited about the future of our business,” Braun said

    The Coca-Cola Company announced on Wednesday that Brazilian-American executive Henrique Braun will take over as the company's next Chief Executive Officer (CEO), effective March 31, 2026.

  • Wednesday, December 10th 2025 - 19:21 UTC

    FAO Food Price Index declines in November for third consecutive month

    International bovine meat quotations remained broadly stable, while ovine meat prices increased

    World food commodity prices declined in November, led by lower international quotations for all major staple foods except cereals, according to the benchmark measure released by the Food and Agriculture Organization of the United Nations (FAO).

  • Tuesday, December 9th 2025 - 10:17 UTC

    Argentine retail sales plunge amid wage crisis

    The current crisis hit Argentina's middle class the hardest

    Retail sales by small and medium-sized enterprises (SMEs) in Argentina continued their negative trend in November, recording a sharp decline of 9.1% compared to October and a year-on-year drop of 4.1%, according to the Argentine Confederation of Medium-Sized Enterprises (CAME).

  • Monday, December 8th 2025 - 10:47 UTC

    Prolonged stagnation reported in Argentina

    Over 60% of Argentine companies project a better situation in a year

    Argentina's Industrial Union (UIA) released a study last week showing simultaneous declines in production, sales, employment, and finances. The UIA's Industrial Performance Monitor (MDI) remains below the expansion threshold for the 14th consecutive survey, signaling a deepening contraction across all sectors, driven by weak demand and rising costs.

  • Saturday, December 6th 2025 - 10:01 UTC

    Brazil's economy grows 0.1% in Q3 of 2025

    It was the 17th straight quarterly expansion, the IBGE noted

    Brazil's economy expanded by 0.1% in the third quarter of 2025 compared with the previous quarter. Year-on-year, Brazil's Gross Domestic Product (GDP) —the measure of the total value of goods and services produced in the country—rose by 1.8%. Over the past four quarters, GDP registered cumulative growth of 2.7%, according to a Brazilian Institute of Geography and Statistics (IBGE) report released this week.

  • Saturday, December 6th 2025 - 09:36 UTC

    Argentina: Dollar keeps falling after new debt plan announcement

    Caputo announced the issuance of new dollar-denominated bonds

    Argentina's official exchange rate and key financial dollar segments registered declines on Friday, after Economy Minister Luis 'Toto' Caputo announced plans for a new dollar-denominated bond issuance aimed at refinancing maturities and strengthening foreign currency reserves.'

  • Wednesday, December 3rd 2025 - 11:16 UTC

    Brazil clinches export clearances with Philippines, Guatemala, and Nicaragua

    The new deals fell within Brazil's strategy of diversifying exports

    Brazilian authorities have completed negotiations with the Philippines, Guatemala, and Nicaragua to expand agricultural exports to these countries after reaching an understanding on sanitary and phytosanitary requirements.

  • Wednesday, December 3rd 2025 - 10:59 UTC

    Lula and Trump discuss organized crime and trade tariffs

    Both leaders agreed to speak again soon to review the progress of these initiatives

    Presidents Luiz Inácio Lula da Silva of Brazil and Donald Trump of the United States held a 40-minute telephone conversation on Tuesday, focusing on boosting joint efforts to combat international organized crime and the further reduction of US tariffs on Brazilian goods.