Economy

Friday, September 12th 2025 - 10:40 UTC
Mercosur-UAE FTA 80% through

The Paraguayan Government of President Santiago Peña announced on Thursday that the ongoing negotiations with the United Arab Emirates to sign a Free Trade Agreement (FTA) with the Southern Common Market (Mercosur) were full steam ahead.
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Thursday, September 11th 2025 - 09:44 UTC
Argentina: August's inflation stands at 1.9%

Argentina's National Institute of Statistics and Censuses (Indec) released its monthly report on Wednesday, showing that inflation in August stood at 1.9%, thus extending a trend of slowing price increases.
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Wednesday, September 10th 2025 - 10:23 UTC
IMF supports Argentina despite electoral setback

The International Monetary Fund (IMF) publicly reaffirmed on Tuesday its support for the Argentine Government's economic program despite Sunday's electoral loss in the province of Buenos Aires. This move is seen as a crucial effort to calm markets that reacted with panic to the election results.
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Monday, September 8th 2025 - 19:15 UTC
Argentina: Dollar jumps after Sunday's midterm elections in BA province

The results of Sunday's midterm elections in the Argentine province of Buenos Aires pushed the US dollar above the AR$1,400 cap, given the poor performance of President Javier Milei's La Libertad Avanza (LLA) and, with it, the resurrection of Peronism-Kirchnerism. In addition, Argentine stock abroad fell sharply, coupled with a spike in the country's risk rating.
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Monday, September 8th 2025 - 14:51 UTC
Uruguay paid US$64 million after Luxembourg account seizure not disclosed by previous government

The Uruguayan state had its bank accounts in Luxembourg frozen for several months due to non-payment of an arbitration award over the closure of national airline Pluna. The situation, which affected 37 financial institutions, was uncovered by El País after accessing official documents through a freedom of information request.
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Friday, September 5th 2025 - 10:52 UTC
Falkland Islands launch relocation platform to attract professionals amid major investment drive

The Falkland Islands Government (FIG) has launched ThinkFalklands.com, a new online platform designed to encourage professionals and families to relocate to the South Atlantic territory. The initiative highlights career opportunities, community life, and natural beauty while offering practical guidance on visas, jobs, and living conditions.
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Thursday, September 4th 2025 - 10:16 UTC
Uruguay's inflation within target range

Uruguay's inflation, as measured by the Consumer Price Index (CPI), registered a monthly variation of -0.03% in August, the National Institute of Statistics (INE) announced on Wednesday in Montevideo.
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Wednesday, September 3rd 2025 - 21:03 UTC
European Commission gives nod to Mercosur FTA

The European Commission has validated the free trade agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), Uruguayan Foreign Minister Mario Lubetkin confirmed on Wednesday, calling it “excellent news” for his country.
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Wednesday, September 3rd 2025 - 11:07 UTC
Uruguayan exports grow 3.5% interannually

A report released by the Uruguay XXI Institute this week in Montevideo showed that the South American country's exports in August 2025 totaled US$1.327 billion, a 3.5% yoy increase. Sales abroad in the first eight months of the year reached US$9 billion, a 5.4% interannual growth.
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Tuesday, September 2nd 2025 - 10:22 UTC
Verizon departs Uruguay, leaving 265 unemployed

Telecommunications multinational Verizon's decision to shift its Uruguayan operations to Chile has resulted in the layoff of 265 workers hired by Alorica, a third-party provider handling customer services for the US giant from a free trade zone in Montevideo.