
The Central Bank of Uruguay completed five years on Monday without intervening in the foreign exchange market. Its last operation was a purchase of 31.2 million dollars in 2021. Its president, Guillermo Tolosa, described the milestone as of enormous importance and said the country is going through a period of absolutely free floating of the currency.
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US, Canada, Australia, and New Zealand back a package of UK-led measures to strengthen international action against fraud and online scams.
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US President Donald Trump signed a proclamation on August 26 temporarily waiving tariffs on imports of up to 300,000 tonnes of lean beef trimmings, a measure that excludes countries already holding their own quotas in the US market, among them Argentina and Uruguay. The main beneficiaries will be Brazil and Paraguay.
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The Falkland Islands Fisheries Department announced on Thursday the closure of the second Loligo squid season due to low biomass levels, just three days after fishing had resumed following a two-week pause.
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Video game and technology outlets estimate that the launch of Grand Theft Auto VI, scheduled for November 19, could cost the United States economy more than a billion dollars in lost productivity, due to the number of workers expected to skip work to play. The estimate has circulated within the sector's digital ecosystem since last year and does not come from a published study.
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Prime Minister Andy Burnham has suggested tax rises could be on the cards in the coming Autumn Budget, warning “I won’t be unrealistic” over the state of the public purse. The PM quickly pledged to give people “breathing space” and ease the cost of living after taking the keys to No.10 last month.
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Unemployment has become the leading problem Argentines want the government to solve, well ahead of inflation, according to the economic expectations report by the polling firm Opina Argentina released over the weekend. Thirty-six percent of respondents placed it first, followed by corruption on 32%, while inflation fell to 11% and insecurity to 9%.
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Argentina's Chamber of Deputies will on Wednesday debate the reform of the central bank's charter promoted by Javier Milei's government, which bars the monetary authority from financing the fiscal deficit through money creation and restores preservation of the value of the currency as its sole objective.
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Argentina's Chamber of Deputies will on Wednesday take up ratification of the free trade agreement between Mercosur and Singapore, signed in December 2023 and still awaiting parliamentary approval. It is the first trade treaty the bloc has concluded with a Southeast Asian country.
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The Economic Commission for Latin America and the Caribbean on Thursday lowered its regional growth projection for 2026 to 2.2%, one tenth below the estimate issued in December. The United Nations body expects a partial recovery to 2.5% in 2027 and warns that the current pace is insufficient to sustainably raise income per capita.