Economy

• Tuesday, March 3rd 2026 - 13:06 UTC

  Uruguay activates Mercosur–Singapore FTA on a bilateral basis, opening preferential access to Southeast Asia

  

  The Free Trade Agreement (FTA) between Mercosur and Singapore entered into force on a bilateral basis between Uruguay and the city-state on 1 March 2026, after both sides completed domestic procedures and deposited their instruments of ratification, according to a joint statement.

• Tuesday, March 3rd 2026 - 02:57 UTC

  Paraguay central bank cuts rates as inflation runs below target

  

  Paraguay’s central bank chief Carlos Carvallo says the country is dealing with a “nice problem”: inflation is converging to the official goal “from below,” an unusual pattern in the region that has prompted policymakers to start trimming interest rates to prevent price growth from staying too low.

• Tuesday, March 3rd 2026 - 02:42 UTC

  Haddad says Iran conflict should not immediately hit Brazil’s economy

  

  Brazil’s Finance Minister Fernando Haddad said on Monday that U.S. and Israeli attacks against Iran should not have an immediate impact on Brazil’s macroeconomic indicators, while cautioning that the conflict’s trajectory remains hard to predict and is being monitored “carefully” by his ministry.

• Monday, March 2nd 2026 - 06:11 UTC

  Orsi’s first year in power: unemployment and crime fall, wages edge up, growth moderate in Uruguay

  

  Uruguay’s President Yamandú Orsi is set to address the General Assembly on Monday to deliver a first-year account of his administration and outline priorities for the year ahead. Parliament scheduled the session for 18:30 at the Legislative Palace in Montevideo.

• Thursday, February 26th 2026 - 22:41 UTC

  Uruguay and Argentina ratify the EU-Mercosur deal, leaving entry into force to Brussels

  

  Uruguay and Argentina ratified on Thursday the trade agreement between Mercosur and the European Union, becoming the first founding members of the South American bloc to complete parliamentary approval. Whether the treaty begins to apply now hinges on decisions inside the EU, as a separate legal review process continues following moves in the European Parliament.º

• Thursday, February 26th 2026 - 12:46 UTC

  UK government actions to help families with impact of the cost of living

  

  UK Labour government is taking action to help families with the cost of living, “We know that families across the country are feeling the impact of the cost of living - it’s the number one issue impacting working people. 

• Tuesday, February 24th 2026 - 12:14 UTC

  Trump’s tariff uncertainty adds pressure on the dollar after Supreme Court ruling

  

  A fresh round of tariff moves announced by U.S. President Donald Trump has reintroduced market volatility and added pressure on the dollar, as investors and banks debate whether the currency is losing part of its traditional safe-haven role.

• Tuesday, February 24th 2026 - 12:09 UTC

  Argentina courts shelve hundreds of tax-evasion cases after “Fiscal Innocence” law takes effect

  

  Argentina’s federal courts have begun closing hundreds of tax-evasion in bulk following the rollout of the so-called Fiscal Innocence framework, a reform that sharply raised the monetary thresholds required for tax evasion to qualify as a criminal offense and that is being applied retroactively under the “more benign criminal law” principle.

• Tuesday, February 24th 2026 - 03:17 UTC

  Brazil’s VP Alckmin backs workweek cuts as a global trend

  

  Brazil’s Vice President and Industry and Trade Minister Geraldo Alckmin said on Monday that shorter working hours are a “global trend” and that Brazil should debate the issue in depth, as business leaders push to delay discussion of ending the widely used 6x1 work schedule.

• Tuesday, February 24th 2026 - 03:06 UTC

  Uruguay moves toward ratifying EU–Mercosur deal after special committee approval

  

  A special committee of Uruguay’s parliament tasked with reviewing the EU–Mercosur agreement approved the ratification bill on Monday, clearing the way for floor votes in the Senate and lower house in the coming days — a timetable that could make Uruguay the first Mercosur member to complete domestic approval.