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MercoPress, en Español

Montevideo, April 26th 2024 - 20:29 UTC

Tag: United States

  • Monday, June 11th 2018 - 08:20 UTC

    Mexico's future closely linked to oil development no matter who's the next president

    Energy Minister Joaquin Coldwell said that two further auctions planned before the handover would go ahead, as would tenders for seven joint ventures

    Mexican oil output could return to 2 million barrels per day by about 2022 if the next government pursues plans to auction off development blocs to private investors, Energy Minister Pedro Joaquin Coldwell announced. Mexico will elect a new president on July 1 but the front-runner in opinion polls, leftist Andres Manuel Lopez Obrador, has threatened to delay opening up the energy sector to private investment.

  • Friday, June 8th 2018 - 08:28 UTC

    China plans temporary anti-dumping measures on Brazilian broilers

    Brazil accounted for more than 50% of broiler products supplied to China, world’s No. 2 poultry consumer, between 2013 and 2016, the commerce ministry said

    China will impose temporary anti-dumping measures on Brazilian broiler chickens from June 9, the commerce ministry said on Friday, after finding in a preliminary ruling that its domestic industry has been substantially damaged by the imports. Local firms buying Brazilian chicken will be required to pay deposits ranging from 18.8% to 38.4% of the value of their shipments, the ministry said in a statement. The measures cover products supplied by top Brazilian exporters JBS and BRF.

  • Wednesday, June 6th 2018 - 07:15 UTC

    Mexico announces retaliatory tariffs in US Republican strongholds

    Mexico is the largest market for US pork exporters. Other products affected by tariffs include apples and potatoes, and certain cheeses and bourbon

    Mexico has announced new tariffs on US products in response to Donald Trump's decision to impose steep duties on imports of steel and aluminum. The list includes whisky, cheese, steel, bourbon, and pork. Analysts say the tariffs are designed to hit US Republican strongholds ahead of mid-term elections in November.

  • Tuesday, June 5th 2018 - 07:35 UTC

    Vice-president Pence to address the Venezuelan question in Brazil and Ecuador

    Tensions between the US and Venezuela have intensified since Washington refused to recognize the May 20 re-election of Venezuelan President Nicolas Maduro.

    United States Vice-President Mike Pence will travel to Brazil and Ecuador at the end of June in an effort to strengthen trade and security ties with countries grappling with growing numbers of refugees fleeing Venezuela’s economic crisis, his spokeswoman said on Monday.

  • Thursday, May 31st 2018 - 08:12 UTC

    Fed proposes simplifying trading rules for foreign banks and funds

    The Fed alongside other U.S. regulators, proposed rewriting the “Volcker Rule” introduced following the 2007-09 financial crisis

    Foreign banks and funds are set to benefit from a move by U.S. regulators to simplify a trading rule that foreign banks and regulators say has inadvertently complicated firms operating as far afield as Europe and Asia. The Federal Reserve, alongside other U.S. regulators, on Wednesday proposed rewriting the “Volcker Rule” introduced following the 2007-2009 financial crisis in a bid to simplify the regulation and make it easier for banks to comply.

  • Wednesday, May 30th 2018 - 08:58 UTC

    Truckers union calls an end to the crippling strike, but some still resist

    The call by the National Confederation of Autonomous Transporters was a sign that the 9-day strike was starting to wind down despite sporadic blockages

    One of the main unions behind a crippling truckers' strike in Latin America's largest nation on Tuesday called on its members to return to work, warning that failing to do so would erode hard-won gains.

  • Tuesday, May 29th 2018 - 08:06 UTC

    Argentina increases export tax on biodiesel to 15% from 8%

    Argentina is one of the world's top providers of biodiesel fuel, exporting 1.65 million tons in 2017, but it has been hit by retaliatory tariffs in recent years.

    The Argentine government is raising an export tax on biodiesel to 15% from 8%, effective July 1, according to a decree published in the official Gazette on Monday. Argentina is one of the world's top providers of biodiesel fuel, exporting 1.65 million tons in 2017, but it has been hit by retaliatory tariffs in recent years.

  • Monday, May 28th 2018 - 07:12 UTC

    US and North Korea preparing for the Trump/Kim Jong-un summit

    Last Thursday Trump called off the meeting, due in Singapore next month, citing North's “hostility”. But both sides have since been working to get it back on track.

    A US team is holding talks with North Korean officials to prepare a possible meeting between President Donald Trump and the North's leader Kim Jong-un. The talks in the village of Panmunjom, in the demilitarized zone between the two Koreas, are the latest sign that the summit could take place after all.

  • Saturday, May 26th 2018 - 09:29 UTC

    Protectionism the “darkest cloud” for the solid upswing of the global economy

    “The good news today is that the sun is shining on the global economy”, after a decade of difficult time, the economy that is doing well, Lagarde said

    The threat of trade protectionism is the biggest concern looming over a solid upswing in the global economy, IMF managing director Christine Lagarde said. The “darkest cloud” on the economic horizon is the “determination of some to actually rock the system that has actually presided over the trade relationships that we have all undertaken and enjoyed to some extent over the last many decades”, said Lagarde.

  • Friday, May 25th 2018 - 08:56 UTC

    Brazil agriculture fears consequences of a US/China trade understanding

    Brazil’s agriculture minister Blairo Maggi fears the higher demand for soybeans will push local prices so much that it will hamper Brazil’s competitiveness

    The trade dispute between the United States and China has benefited Brazil so far but could prove harmful long term as higher grain prices will make the country’s exports less competitive, Brazil’s farm minister said. Brazil is the world's leading poultry exporter.