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MercoPress, en Español

Montevideo, December 12th 2025 - 07:52 UTC

Economy

  • Saturday, November 15th 2025 - 10:58 UTC

    Argentina-US deal shakes up Uruguay

    “We don't have to take any position,” Lubetkin said

    The recent announcement by Washington and Buenos Aires of a joint trade agreement has generated controversy in Montevideo, where it is perceived as a violation of the Southern Common Market (Mercosur) rules, so the government of President Yamandú Orsi will monitor the case closely.

  • Friday, November 14th 2025 - 10:47 UTC

    Bolivian President describes country's state as a “sewer of extraordinary proportions”

    Paz insisted that key positions must be filled by qualified people, not just political allies

    Bolivian President Rodrigo Paz Pereira delivered a harsh public assessment on Thursday of the national economy and state institutions, describing the government he inherited from the Movement Toward Socialism (MAS) as a “sewer of extraordinary proportions.”

  • Thursday, November 13th 2025 - 20:42 UTC

    Trump pardons Lewis in insider trading case

    The 88-year-old entrepreneur has various businesses in Argentine Patagonia

    British billionaire Joe Lewis, who has significant business interests in Argentine Patagonia and other parts of South America, has been granted an official pardon by US President Donald Trump, it was confirmed Thursday. The measure came after Lewis, 88, pleaded guilty last year in New York to insider trading charges. He was subsequently sentenced to pay a US$5 million fine and serve three years of probation.

  • Thursday, November 13th 2025 - 14:07 UTC

    UNICEF report on hardships facing Argentine households released

    The UNICEF survey noted a reduction in households unable to seek dental treatments

    Three out of every ten households with children and adolescents in Argentina are unable to cover their monthly expenses, according to the ninth “Rapid Survey” conducted by the United Nations Children's Fund (UNICEF) in August released this week.

  • Wednesday, November 12th 2025 - 20:12 UTC

    Argentina: Indec says inflation in October climbs 2.3%

    Caputo highlighted the 18 consecutive months of deceleration

    Argentina's Consumer Prices Index (CPI) rose by 2.3% in October, accelerating from the 2.1% recorded in September, the National Institute of Statistics and Censuses (INDEC) reported Wednesday. The new data brings the total accumulated inflation for the first ten months of 2025 to 24.8%. The year-on-year inflation rate climbed to 31.3%.

  • Wednesday, November 12th 2025 - 10:55 UTC

    Argentina to lift all currency exchange restrictions “soon”

    October's inflation, to be announced on Wednesday by Indec, is projected to stand above 2%

    While Argentina's Central Bank (BCRA) announced the “imminent” removal of all remaining controls on foreign exchange transactions, the South American country's National Institute of Statistics and Census (Indec) is about to report October's inflation on Wednesday. Most experts predict it will be above 2%.

  • Monday, November 10th 2025 - 10:26 UTC

    French minister vows to block EU-Mercosur FTA out of concern for its farmers

    Genevard warned that unless these guarantees are “in writing, validated and accepted by Mercosur partners,” France will maintain its opposing stance

    France has once again cast a negative note on the proposed Free Trade Agreement between the European Union (EU) and the Southern Common Market (Mercosur). Agriculture Minister Annie Genevard stated emphatically that her country would not sign a deal that “condemns its farmers.”

  • Saturday, November 8th 2025 - 10:42 UTC

    Milei promotes Argentina's business climate at NY event

    Milei's event at the Council of the Americas drew attendees from major business firms

    Argentine President Javier Milei concluded his trip to the United States on Friday, spending the day in New York, where he met with high-profile business leaders and made a significant personal visit to a revered religious site.

  • Saturday, November 8th 2025 - 10:39 UTC

    Packs of Chilean counterfeit money available on social media

    Even if received unknowingly, anyone who detects one of these bills must report it immediately, Carabineros insisted

    Chilean criminal organizations are openly offering counterfeit banknotes on social media platforms, including Instagram. These counterfeit bills are often referred to as “5G banknotes” and are advertised by accounts claiming to be “premium money providers.”

  • Friday, November 7th 2025 - 12:01 UTC

    Top IMF economist reviews Western Hemisphere's economic situation

    Nigel Chalk reviewed Paraguay's case while the IMF was launching the latest edition of its Economic Outlook for the Americas

    In an interview with Asunción's Última Hora, Nigel Chalk, Director of the Western Hemisphere Department at the International Monetary Fund (IMF), highlighted the importance of fiscal consolidation and structural reforms to bolster resilience and growth potential, particularly amid shifting global conditions. The interview coincided with the launch of the IMF's Economic Outlook for the Americas report.