Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, May 4th 2024 - 18:53 UTC

United States

  • 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.

  • Monday, June 4th 2018 - 08:57 UTC

    Trade deal falls warns China, if US insists with imposing more tariffs

    China’s warning came after U.S. Commerce Secretary Wilbur Ross and China’s top economic official, Vice Premier Liu He, wrapped up a meeting in Beijing

    China said on Sunday it wouldn’t step up its purchases of United States products if President Donald Trump goes ahead with his threat to tax billions of dollars’ worth of Chinese imports. White House advisers insisted on fundamental changes in ties between the world’s two biggest economic powers.

  • Monday, June 4th 2018 - 08:42 UTC

    New blood test could detect different types of cancer even in early stages

    “This is a very promising study,” said Dr. Kazuaki Takabe, the Alfiero Foundation in breast oncology at the Roswell Park Comprehensive Cancer Center in Buffalo

    A new blood test shows promise for detecting many types of cancer, even in the early stages of the disease, according to a new study. In the study, researchers found that the test could detect 10 types of cancer and that it was 80 to 90% accurate for some cancer types. However, much more research is needed before doctors will be able to use the test on their patients, experts say.

  • 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.

  • 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.

  • Thursday, May 24th 2018 - 07:12 UTC

    May Fed minutes suggest a rate hike would soon be appropriate; next meeting in mid-June

    The minutes of the Fed's May 1-2 meeting released on Wednesday showed that officials were generally upbeat about the prospects for the United States economy. (Pic Bloomberg)

    Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy, ranging from rising wage pressures to potential harm from the Trump administration's trade policies.

  • Wednesday, May 23rd 2018 - 08:39 UTC

    Facebook' Zuckerberg avoids questions and leaves EU lawmakers disappointed

    Contrast to Zuckerberg’s performance before US lawmakers last month was clear: the CEO sat through more than ten hours of televised questioning before Congress.

    Tensions soared between a handful of leading MEPs and Facebook CEO Mark Zuckerberg as the 34-year-old billionaire avoided answering detailed questions on the company’s data policies during a meeting in the European Parliament on Tuesday evening. Zuckerberg gave general responses to the MEPs, who came to the meeting ready to grill the CEO over Facebook’s recent data scandal, its advertising policy, and whether the social media giant is a monopoly.

  • Wednesday, May 23rd 2018 - 08:24 UTC

    In controversial vote US Congress rollbacks 2010 banking regulations

    It now heads to the White House for the signature of President Donald Trump, who had long pledged to slash the existing reforms.

    United States lawmakers passed Tuesday the first major rollback of banking regulations enacted after the financial crisis that were aimed at protecting taxpayers from fresh economic trauma and new bank bailouts.