MercoPress, en Español

Montevideo, December 17th 2025 - 04:03 UTC

Economy

  • Thursday, November 20th 2025 - 18:37 UTC

    UK inflation down to 3.6% in October; Autumn Budget to be announced next week

    Chancellor of the Exchequer Rachel Reeves said “this fall in inflation is good news for households and businesses across the country, but I’m determined to do more to bring prices down.”

    UK’s twelve-month inflation rate slid to 3.6% in October, down from 3.8% in September, and a major achievement ahead of the government’s Autumn Budget next week, according to the Office for National Statistics. Core inflation, excluding energy, food, alcohol and tobacco, rose by 3.4% in the year to October, down from 3.5% in September.

  • Wednesday, November 19th 2025 - 10:55 UTC

    Argentina’s $LIBRA scandal: report says Milei promoted private scheme, violated ethics rules

    The commission confirmed direct links between President Milei and key promoters  of the $LIBRA maneuver

    The Argentine House of Deputies' Investigative Commission on the $LIBRA cryptofiasco has concluded in its final report that President Javier Milei may have committed misconduct in the exercise of his duties by promoting a private venture, which would violate the Public Ethics Law.

  • Monday, November 17th 2025 - 10:55 UTC

    Maybe Argentina-US deal is ”an advantage,” says Orsi

    “You have to open up,” Orsi highlighted

    Uruguayan President Yamandú Orsi pointed out that the recently announced Reciprocal Trade and Investment Framework between Argentina and the United States placed his country in a position where it is “best to be attentive, maybe it's an advantage.”

  • Saturday, November 15th 2025 - 10:58 UTC

    Argentina-US deal shakes up Uruguay

    “We don't have to take any position,” Lubetkin said

    The recent announcement by Washington and Buenos Aires of a joint trade agreement has generated controversy in Montevideo, where it is perceived as a violation of the Southern Common Market (Mercosur) rules, so the government of President Yamandú Orsi will monitor the case closely.

  • Friday, November 14th 2025 - 10:47 UTC

    Bolivian President describes country's state as a “sewer of extraordinary proportions”

    Paz insisted that key positions must be filled by qualified people, not just political allies

    Bolivian President Rodrigo Paz Pereira delivered a harsh public assessment on Thursday of the national economy and state institutions, describing the government he inherited from the Movement Toward Socialism (MAS) as a “sewer of extraordinary proportions.”

  • Thursday, November 13th 2025 - 20:42 UTC

    Trump pardons Lewis in insider trading case

    The 88-year-old entrepreneur has various businesses in Argentine Patagonia

    British billionaire Joe Lewis, who has significant business interests in Argentine Patagonia and other parts of South America, has been granted an official pardon by US President Donald Trump, it was confirmed Thursday. The measure came after Lewis, 88, pleaded guilty last year in New York to insider trading charges. He was subsequently sentenced to pay a US$5 million fine and serve three years of probation.

  • Thursday, November 13th 2025 - 14:07 UTC

    UNICEF report on hardships facing Argentine households released

    The UNICEF survey noted a reduction in households unable to seek dental treatments

    Three out of every ten households with children and adolescents in Argentina are unable to cover their monthly expenses, according to the ninth “Rapid Survey” conducted by the United Nations Children's Fund (UNICEF) in August released this week.

  • Wednesday, November 12th 2025 - 20:12 UTC

    Argentina: Indec says inflation in October climbs 2.3%

    Caputo highlighted the 18 consecutive months of deceleration

    Argentina's Consumer Prices Index (CPI) rose by 2.3% in October, accelerating from the 2.1% recorded in September, the National Institute of Statistics and Censuses (INDEC) reported Wednesday. The new data brings the total accumulated inflation for the first ten months of 2025 to 24.8%. The year-on-year inflation rate climbed to 31.3%.

  • Wednesday, November 12th 2025 - 10:55 UTC

    Argentina to lift all currency exchange restrictions “soon”

    October's inflation, to be announced on Wednesday by Indec, is projected to stand above 2%

    While Argentina's Central Bank (BCRA) announced the “imminent” removal of all remaining controls on foreign exchange transactions, the South American country's National Institute of Statistics and Census (Indec) is about to report October's inflation on Wednesday. Most experts predict it will be above 2%.

  • Monday, November 10th 2025 - 10:26 UTC

    French minister vows to block EU-Mercosur FTA out of concern for its farmers

    Genevard warned that unless these guarantees are “in writing, validated and accepted by Mercosur partners,” France will maintain its opposing stance

    France has once again cast a negative note on the proposed Free Trade Agreement between the European Union (EU) and the Southern Common Market (Mercosur). Agriculture Minister Annie Genevard stated emphatically that her country would not sign a deal that “condemns its farmers.”