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MercoPress, en Español

Montevideo, December 9th 2025 - 03:31 UTC

Argentina

  • Thursday, August 7th 2025 - 09:40 UTC

    La Plata-Montevideo connection operational

    The new development marks another step toward more responsible, transparent, and sustainable operations, it was explained

    A new weekly shuttle called the “3S Shuttle Service Solution” has been launched, connecting the port of La Plata in the province of Buenos Aires with Montevideo, Uruguay. This service is a collaboration between TecPlata and Independencia Shipping Lines. It aims to provide more competitive and efficient alternatives for trade between the two countries.

  • Thursday, August 7th 2025 - 07:37 UTC

    Argentine opposition defies Milei, approves increased funding for public universities

    Milei has already pledged to veto any law that implies increased public spending. However, with key legislative elections approaching, the issue takes on added political weight

    Argentina’s Chamber of Deputies approved a bill on Wednesday to raise funding for public universities, with 158 votes in favor and 75 against. The measure, backed by the Peronist bloc and other opposition parties, marks a new legislative defeat for far-right President Javier Milei, who vetoed a similar initiative last year.

  • Wednesday, August 6th 2025 - 10:02 UTC

    Covid-19: Frankenstein variant detected in Argentina

    “In Argentina, the current situation of SARS-CoV-2 variants is characterized by the exclusive circulation of the Omicron variant,” it was explained

    The XFG variant of Covid-19, nicknamed “Frankenstein” because it is a recombination of two Omicron lineages, has been detected in Argentina, according to the latest edition of the Health Ministry's weekly National Epidemiological Bulletin (BEN), which cited cases from late June and early July, identified through genomic surveillance

  • Wednesday, August 6th 2025 - 09:39 UTC

    Uruguay's La Libertad Avanza garners enough signatures

    Quintana noted that Uruguay was a different country from Argentina, but they were both “dying from socialism”

    The Uruguayan version of La Libertad Avanza has successfully obtained the required signatures to be officially recognized as a political party by the Electoral Court. Led by Nicolás Quintana, the group will now have its statutes and principles published, and if no challenges are made within ten days, it will be eligible to participate in upcoming elections.

  • Wednesday, August 6th 2025 - 07:28 UTC

    Argentina accepts Agreement on Fisheries Subsidies, five remaining for entry into force

    Ambassador Lunazzi: This firm commitment to fairer and freer trade not only strengthens our economy, but also protects the marine resources in the South Atlantic

    Argentina deposited its instrument of acceptance of the Agreement on Fisheries Subsidies on 22 July. Ambassador Gustavo Lunazzi presented Argentina’s instrument of acceptance to WTO Director-General Ngozi Okonjo-Iweala. Just five more acceptances are needed for the Agreement to enter into force.

  • Tuesday, August 5th 2025 - 10:00 UTC

    IMF money arrives in Buenos Aires, boosting reserves

    “The new agreement is more favorable and should facilitate access to international credit,” said Economy Minister Luis 'Toto' Caputo

    Argentina has received a US$2 billion disbursement from the International Monetary Fund (IMF), a move that has boosted the country's international reserves and provided a temporary reprieve from exchange rate volatility. The funds, part of an agreement reached in April, have raised the Central Bank's reserves to over US$43 billion, the highest since early 2023.

  • Monday, August 4th 2025 - 10:28 UTC

    Sales of brand new cars surge in Argentina

    Toyota featured two models among the top-three selling ones

    Sales of brand new cars grew 44% yoy in July, marking the best performance since 2018. The Argentine Automobile Dealers Association (Acara) attributes this growth to economic stability, greater model availability, promotions, and attractive financing. The motorcycle market also saw significant growth, with sales increasing by 33.9% interannually to 54,060 units. The top-selling brand was Toyota, with the Yaris its most popular model.

  • Monday, August 4th 2025 - 10:21 UTC

    Ernesto Samper pays CFK a visit at Buenos Aires apartment

    Samper likened CFK's case to Lula's detention, which would have spared Brazil the Bolsonaro years

    Former Argentine President Cristina Fernández de Kirchner (CFK) was visited at the apartment where she is under house arrest by former Colombian President Ernesto Samper and former Ecuadorean National Assembly Speaker Gabriela Rivadeneira.

  • Friday, August 1st 2025 - 10:47 UTC

    US tariffs: Argentina and Uruguay charged only 10%

    The new scenario could bring on some opportunities for Uruguay, Oddone noted

    As the new tariffs scheme established by US President Donald Trump became effective Friday, Uruguay and Argentina were among the least affected countries, with surcharges of only 10%, a steep difference from Canada's 35% or Brazil's 50% and a default 15% surcharge unless otherwise specified.

  • Friday, August 1st 2025 - 09:40 UTC

    IMF Board approves US$2 bn disbursement to Argentina

    The disbursement was approved after Buenos Aires implemented “corrective measures” to bring reserves closer to the target

    The International Monetary Fund (IMF) has approved the first review of its agreement with Argentina, authorizing a disbursement of US$2 billion. The decision comes days after the IMF projected a 5.5% growth for the country.