MercoPress, en Español

Montevideo, October 20th 2018 - 02:18 UTC

Investments

  • Wednesday, August 1st 2018 - 07:12 UTC

    China and Argentina ties increasingly closer

    China proposed an expansion of the currency swap deal with Argentina, whose foreign reserves have been drained by interventions aimed at propping up the peso

    China's offer of financial support to Argentina is the latest example of the Asian nation filling a vacuum in what has traditionally been the backyard of the U.S. While President Donald Trump has not paid a visit to Latin America since his inauguration in January 2017, China has stepped up its financial assistance to Argentina and worked to strengthen their trade ties.

  • Tuesday, July 31st 2018 - 08:36 UTC

    Guyana top country in discovered oil resources during 2018

     ExxonMobil made three major discoveries in the Stabroek block: Ranger, Pacora and Longtail, which together can hold almost one billion barrels of oil or more

    Discovered resources globally of conventional oil and natural gas surpassed 4.5 billion barrels of oil equivalent in the first half of 2018, making for an exciting recovery with Guyana leading the way, according to analysis by Rystad Energy. Average monthly discovered volumes are 826 million barrels of oil equivalent. This is a 30% increase from 2017.

  • Saturday, July 28th 2018 - 02:52 UTC

    Premier Oil Outline Procurement and Infrastructure Plan in the Falkland Islands

    As Mercopress have reported over recent months, Premier Oil continue to progress their Front End Engineering and Design (FEED) process for the Sea Lion oil discovery. As a next step in this process, earlier this week Premier Oil plc provided details of their intended approach to both procurement and infrastructure to support the discovery to the north of the Falkland Islands.

  • Friday, July 27th 2018 - 08:45 UTC

    BRICS implicit support for China in its trade dispute with United States

    Trump has already slapped levies on goods from China worth tens of billions of dollars, as well as tariffs on steel and aluminum from the EU, Canada and Mexico

    Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of US tariff threats and unilateralism. The heads of the so-called Brics – Brazil, Russia, India, China and South Africa – met for an annual summit dominated by the risk of a global US- led trade war, although leaders did not publicly mention President Donald Trump by name.

  • Friday, July 27th 2018 - 07:10 UTC

    Paraguayan agriculture minister and his deputy die in air crash

    Gneiting, prior to his current ministerial post, was a former governor of Itapua department, one of Paraguay's main soy- producing regions.

    Paraguay Agriculture Minister Luis Gneiting and three others died when the twin-engine airplane carrying them to the capital Asuncion crashed into a wetland on Wednesday night, an official told reporters on Thursday.

  • Thursday, July 26th 2018 - 19:47 UTC

    Falklands chooses Latam as preferred operator for a second flight

    Latam currently operates the only weekly commercial flight to the Falklands

    The Chilean/Brazilian Latam airline has been chosen by the Falkland Islands Government as the preferred operator to provide a second commercial flight between the Falkland Islands and South America. The official announcement was made on Thursday, 26 July.

  • Thursday, July 26th 2018 - 06:02 UTC

    Trump and Juncker agree to talk trade and tariffs; German industry remains cautious

    Trump and Juncker at the White House said they agreed to hold sweeping trade talks on reducing tariff, subsidy and non-tariff barrier reductions

    A top German industry group gave a cautious welcome to solutions proposed by U.S. President Donald Trump and European Commission President Jean-Claude Juncker to avert a trade war, but warned that U.S. auto tariffs were not completely off the table yet.

  • Wednesday, July 25th 2018 - 06:25 UTC

    Trump pledges US$ 12bn to help farmers hit by trade war with China

    The president, speaking at an event in Kansas City on Tuesday, reaffirmed his support for tariffs and pledged that “farmers will be the biggest beneficiary.”

    The Trump administration on Tuesday said it will use a Great Depression-era program to pay up to US$ 12 billion to help U.S. farmers weather a growing trade war with China, the European Union and others that the president began. It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict.

  • Tuesday, July 24th 2018 - 06:10 UTC

    Argentine natural gas for Chile beginning next October

    The gas will come primarily from the Vaca Muerta shale field in the Neuquen basin, and will be sent over the Andes mountain range to Chile’s Biobio province

    Argentina will begin exporting natural gas to Chile from October, the Argentine Energy Ministry said on Friday, following a meeting between the governments of both countries.

  • Tuesday, July 24th 2018 - 02:41 UTC

    G20 begin talks on global rules to tax the digital economy

     EC proposed rules earlier this year to make digital companies pay more tax, targeting such US giants as Alphabet’s Google, Facebook and Amazon .

    European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts.