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MercoPress, en Español

Montevideo, July 21st 2025 - 00:44 UTC

Economy

  • Thursday, April 24th 2025 - 07:28 UTC

    US Senate bipartisan measure to bolster response to IUU fishing

    Former US Southern Command General Richardson meets with defense leaders from Argentina

    The Unites States Senate has introduced legislation designed to tackle the problem of illegal, unreported, and unregulated (IUU) fishing. The bipartisan measure is geared “to deter IUU fishing by China and othe bad actors, and bolster US international response to these illegal activities”.

  • Thursday, April 24th 2025 - 07:13 UTC

    EC heavy fines on Apple and Meta for breach of Digital Market obligations

    Apple was found to have breached its “anti-steering” obligation under the DMA, while Meta was considered not to have given consumers the choice of a service that uses less of their personal data

    US tech giants Apple and Meta were fined €500 million ($572 million) and €200 million respectively. by the European Commission for breach of the EU's Digital Markets Act (DMA) obligations

  • Wednesday, April 23rd 2025 - 10:59 UTC

    IMF revises region's growth downwards amid US tariff war

    The IMF adjusted its GDP growth forecast for Brazil downward for 2025 to 2.0% from 2.2%

    The International Monetary Fund's (IMF) April 2025 Global Economic Outlook, released Tuesday in Washington, revised global and regional economic forecasts downward due to the US-initiated trade war and associated uncertainties.

  • Wednesday, April 23rd 2025 - 10:16 UTC

    Significant drop in Argentine beef exports reported

    Argentine beef exports dropped significantly in Q1 2025 compared to Q1 2024, with a 28% decrease in volume (142,500 tons) and a 7.5% decrease in value (US$694.4 million), it was reported Tuesday in Buenos Aires.

  • Monday, April 21st 2025 - 09:40 UTC

    Brazil resumes export insurance scheme

    The government is acting to ensure that companies are better able to export more, Alckmin said

    Brazil's Ministry of Development, Industry, Foreign Trade and Services (MDIC) has resumed the post-shipment export credit insurance (SCE) mechanism, which had been discontinued in 2019.

  • Saturday, April 19th 2025 - 10:44 UTC

    CAF bond placement to strengthen Paraguayan agribusiness SMEs

    “Through this record term placement, we continue to consolidate our presence in Paraguay,” CAF's Díaz-Granados said

    The Development Bank of Latin America and the Caribbean (CAF) issued bonds worth ₲ 125 billion (approximately US$ 15.6 million) in Paraguay’s capital market, with a historic 5-year term and a 6.65% annual coupon rate. This is the longest-term issuance by a multilateral institution in Paraguay’s history and CAF’s third bond issuance in guaraníes, following a prior issuance of ₲ 197.5 billion.

  • Friday, April 18th 2025 - 10:00 UTC

    Brazil launches pet registration program for cats and dogs

    When we take proper care of the dog and cat population, we avoid zoonoses, Silva noted

    Brazilian President Luiz Inácio Lula da Silva Thursday launched the National Program for the Protection and Ethical Population Management of Dogs and Cats (ProPatinhas) and the National Domestic Animal Registry System (SinPatinhas) during a ceremony at the Planalto Palace.

  • Thursday, April 17th 2025 - 10:55 UTC

    Argentina records slight trade balance surplus

    Had last year's prices persisted, Argentina's trade balance would be in the red

    Although positive, Argentina's trade surplus of US$ 323 million in March 2025 represented a sharp drop from US$ 2,160 million in the same month last year, the National Institute of Statistics and Census (Indec) said in a report released Wednesday.

  • Thursday, April 17th 2025 - 10:41 UTC

    Milei takes heavy flak in Bolivia for remarks alongside Bessent

    Milei forgot to mention “the deep social crises, the growing inequality, and the institutional violence that exist in their own territories,” Bolivia's Foreign Ministry stressed

    The Bolivian Government of President Luis Arce Catacora criticized Argentine ruler Javier Milei for his verbal attack on Latin American and Caribbean regional integration. During a press conference on Monday in Casa Rosada alongside US Secretary of the Treasury Scott Bessent, the Libertarian leader criticized Bolivia's socialist economic model under the Movement Towards Socialism (MAS).

  • Thursday, April 17th 2025 - 10:35 UTC

    Argentina's Indec to gauge CPI differently

    The Indec finalized in March all the technical and methodological developments for the new CPI, Francos pointed out

    Argentine Cabinet Chief Guillermo Francos announced Wednesday that a new methodology for calculating the Consumer Price Index (CPI) to measure inflation more accurately is to be implemented shortly by the National Institute of Statistics and Census (Indec), pending institutional review and an awareness campaign.