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Montevideo, November 24th 2024 - 07:27 UTC

Stories for 2024

  • Tuesday, August 13th 2024 - 10:20 UTC

    Sharp increase in Peruvian exports reported

    “This performance is a clear sign of the importance of the sector for the development of the national economy,” Galdo noted

    Peru's Ministry of Foreign Trade and Tourism (Mincetur) confirmed Monday that exports from the South American country went up 7.2% yoy in the first semester of 2024, totaling US$ 33.046 billion thanks to a combined increase in prices and volumes. In June alone, exports grew 11.6 % year-on-year, reaching US$ 6.032 billion due to higher sales of fishery products (186%), particularly of anchovies.

  • Tuesday, August 13th 2024 - 10:16 UTC

    Mercosur-China talks held in Montevideo

    “Uruguay has been a promoter of this type of dialogue,” Albertoni stressed

    Deputy Foreign Minister Nicolás Albertoni met Monday with his Chinese colleague Hua Chunying in Montevideo as the Southern Common Market (Mercosur) under Uruguay's rotating presidency kept pushing for a Free Trade Agreement with the Asian giant. Also present were dignitaries from the other members of the regional bloc as well as Beijing's Ambassador Huang Yazhong.

  • Tuesday, August 13th 2024 - 10:11 UTC

    Uruguayan brewery reopens after being deemed uncompetitive

    The FNC brewery in Minas had been shut down last month citing poor competitivity conditions

    The FNC brewery in Minas in the department (province) of Lavalleja reopened Monday with some 30 workers to do some cleaning and maintenance before the others return next week, thus closing a long-standing conflict that threatened the survival of one of the plants belonging to Uruguay's most iconic beer producers.

  • Tuesday, August 13th 2024 - 07:59 UTC

    China is the main buyer of Argentine beef and Beijing wants to increase bilateral trade further

    Between 2017 and 2022, Argentina’s exports to China grew by 12.8% per year, and although the value of exports fell last year, growth picked up again this year

    Argentina’s economic relationship with China has become increasingly important, with growing trade highlighted by increasing Argentine beef exports, points out the English language China Daily. Something which to a certain point is surprising, given the electoral campaign speeches of president Javier Milei, condemning all authoritarian regimes.

  • Tuesday, August 13th 2024 - 07:48 UTC

    Venezuela’s opposition organizing a massive march for Saturday

    On Sunday, opposition leader Maria Corina Machado posted a video on social media platform X urging people to join the protest for “truth.”

    The Venezuelan opposition has called for global demonstrations on Saturday August 17 in support of its claimed victory over President Nicolás Maduro in July's presidential ballot. On that same day the National Electoral Council, CNE is supposed to give its final verdict on the election result.

  • Tuesday, August 13th 2024 - 07:44 UTC

    Delfim Netto: architect of modern Brazilian economy has died

    Economy minister from 1967 to 1974, under his helm the Brazilian economy expanded at an average annual rate of 10%, still the fastest on record.

    Antonio Delfim Netto, a former Brazilian finance, agriculture and planning minister, plus advisor of several presidents, both under military and elected regimes, considered one of the architects of the transformation of the country's economy has died in Sao Paulo.

  • Tuesday, August 13th 2024 - 07:39 UTC

    July consumer prices up in Brazil; central bank ready to raise interest rates to fight inflation

    Inflation in 12 months through July was 4,50%, up from 4.23% in June, according to IBGE, and the upper limit of the tolerance band for the central bank's target

    Prices in Brazil were up 0.38% in July, stats office IBGE said on Friday, accelerating from the 0.21% increase reported in June and exceeding an economists' poll forecast of a 0.35% monthly rise.

  • Tuesday, August 13th 2024 - 07:32 UTC

    UK, Germany, France call for end of immediate fighting in Gaza and release of Israeli hostages

    “The fighting must end now, and all hostages still detained by Hamas must be released,” PM Keir Starmer, Chancellor Olaf Scholz and Emmanuel Macron said.

    A joint statement from the leaders of United Kingdom, Germany and France called for an immediate end to fighting Gaza, the release of Israeli hostages and the prevention of further escalation, especially on the part of Iran and its allies.

  • Monday, August 12th 2024 - 22:04 UTC

    Paraguayan Civilian Cabinet Chief Giménez resigns for personal reasons

    Giménez's resignation is effective on Aug. 15

    Paraguayan Civilian Cabinet Chief Lea Giménez resigned from her job Monday due to personal reasons. She conveyed her decision to President Santiago Peña during a meeting with other Ministers at the Mburuvicha Róga residence. She also relinquished her position as Counselor at the Itaipú Binational Entity (EBI).

  • Monday, August 12th 2024 - 21:30 UTC

    French rugby players released but unable to leave Argentina

    Deputy Prosecutor Gonzalo Nazar signed the documents acquiescing to the athletes' release

    French international rugby players Oscar Jégou and Hugo Auradou, both aged 21, were released from their house arrest in the Argentine city of Mendoza Monday but will remain unable to leave the country pending the outcome of the rape trial against them after a complaint was filed by a local 39-year-old woman for things that allegedly happened in a downtown hotel after a match between La Bleu and The Pumas in July.