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MercoPress, en Español

Montevideo, June 19th 2026 - 16:23 UTC

Economy

  • Saturday, January 21st 2023 - 11:33 UTC

    Argentine mining exports hit highest level since 2012

    Lithium exports grew 220% interannually

    According to a report released this week by Argentina's Mining Secretariat, the South American country's sales abroad of these minerals totaled US$ 322 million in December of 2022, with 98% of shipments stemming from the provinces of Santa Cruz (44.6%), San Juan (22.4%), Jujuy (19.1%), Salta (7.7%) and Catamarca (4.0%).

  • Saturday, January 21st 2023 - 10:22 UTC

    UK cost of living: King Charles wants profits from his wind farm be distributed among the public

    In 2022, the annual profits of six wind farms totaled some 1 billion pounds (US$ 1.2 million). The king has asked that this money be redistributed to the public.

    King Charles III has requested that the annual profits from his wind farm deal be directed towards helping the cost of living crisis in the UK rather than support the royal family, the Crown Estate confirmed this week.

  • Saturday, January 21st 2023 - 10:18 UTC

    Brazilian 2022 agribusiness exports totaled US$ 160bn, up 32% from previous year

    The price index of products exported by agribusiness increased 22.1% compared to 2021, and the volume shipped grew by 8.1%.

    Brazilian agribusiness exports totaled almost US$ 160 billion in 2022, up 32% over the previous year, influenced by the performance of international prices, according to the Secretariat of Trade and International Relations (SCRI) from the Ministry of Agriculture and Livestock

  • Saturday, January 21st 2023 - 10:10 UTC

    US/Brazil bilateral trade reaches a new record, US$ 88,7 billion

    The growth of exports from Brazil to the world was 19.3%, while to the United States, it was 20.2%.

    Trade between Brazil and the United States in 2022 reached a historic level of US$ 88.7 billion. An original analysis of Amcham’s “Brazil-US Trade Monitor”, release by Canal Rural, indicates that the value surpassed the previous record set in 2021 by US$18.2 billion (25.8%).

  • Friday, January 20th 2023 - 10:07 UTC

    Argentina's trade surplus in 2022 shows significant drop

    Had it not been for a recovery in December the outcome would have been even poorer with all the restrictions on imports already in place

    Argentina recorded a trade surplus in 2022 of US$ 6.923 billion, according to a National Institute of Statistics and Census (Indec) report released Thursday. It was a significant setback from the US$ 14.751 billion recorded in 2021, particularly after additional restrictions were placed on imports in the second semester after Super Economy Minister Sergio Massa took office.

  • Thursday, January 19th 2023 - 19:46 UTC

    ECLAC sees great stress ahead for Latin America

    The 2020s look poised to become another lost decade for Latin America like the 1980s, Salazar-Xirinachs explained

    The Economic Commission for Latin America and the Caribbean (ECLAC) foresees “great stress” and a “cascade of crises” including rampant inflation and increasing climate change that will affect the livelihoods of people in the region.

  • Thursday, January 19th 2023 - 10:30 UTC

    Darwin Plus Local funding scheme for South Georgia projects' applicants

    SGSSA Government would encourage anyone who is considering submitting a Darwin Local proposal for a SGSSI related project to read this document along with the associated Delivery Plan.

    The Government of South Georgia & the South Sandwich Islands (GSGSSI) is proud to promote and encourage science that contributes to developing and upholding best-practice environmental management and that supports the active management and good governance of the Territory.

  • Thursday, January 19th 2023 - 10:02 UTC

    Paraguay's Central Bank foresees 4% inflation for 2023

    “The Central Bank is going to fulfill its role of giving stability to prices,” Mora pledged

    Paraguay's Central Bank (BCP) will target a 4% inflation for the year 2023 after a slowdown has already been detected, BCP Chief Economist Miguel Mora said Wednesday. The monetary authority will also seek to guarantee price stability for local consumers despite a depreciation of the guaraní (₲) against the US dollar.

  • Thursday, January 19th 2023 - 09:59 UTC

    IMF and IDB willing to help Brazil manage spending cap

    Economists, scholars, and specialists will be summoned to give their opinion about this, Haddad said

    Brazil's Economy Minister Fernando Haddad said Tuesday after a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva that the agency was willing to help South America's largest country handle its fiscal situation, Agencia Brasil reported.

  • Thursday, January 19th 2023 - 07:50 UTC

    Argentine announces repurchase of debt bonds

    Massa's measure seeks to boost the price of Argentine bonds in a move to nudge investors in that direction, thus deflating the “blue” dollar

    Argentina's Superminister of Economy, Agriculture, and Production Sergio Massa Wednesday announced he had instructed his team to launch a “debt repurchase” process for over US$ 1 billion “to improve the debt profile and continue lowering the country risk,” while bringing it closer to accessing foreign credit.