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MercoPress, en Español

Montevideo, November 7th 2025 - 21:44 UTC

Economy

  • Tuesday, April 15th 2014 - 23:11 UTC

    Argentina prepares to celebrate worldwide Malbec Day on 17 April

    Malbec Day will be celebrated in New York and London with the Cambalache show

    Next 17 April is “World Malbec Day” and for the fourth running year Argentina Wines will be promoting the image of the varietal in over sixty events in 55 different cities in 44 countries. This year the event will be supported by the pleasure of good music with the purpose of attracting young consumers, 25 to 35 year old.

  • Tuesday, April 15th 2014 - 06:51 UTC

    Kicillof downplays Argentina's relation with IMF; Capitanich describes it as 'normal'

    “The IMF is not a creditor of Argentina” pointed out the Economy minister

    Argentina's Economy minister Axel Kicillof tried to downplay his recent to the G20/ IMF annual meetings held in Washington, saying the country is a regular attendant, and insisting that the country has no agreements with the IMF ”because it’s not an Argentine creditor”. Cabinet chief on the other hand described Argentina's relation with the IMF as 'normal'.

  • Tuesday, April 15th 2014 - 06:46 UTC

    Colombia applying to join OECD but must overcome the environmental performance test

    OECD’s Environment Director Simon Upton says Colombia’s strong growth has been driven in part by extraction of oil, metals, minerals and coal for export

    Colombia’s rich natural heritage as one of the world’s most bio-diverse countries is coming under increasing pressure from extractive industries, livestock grazing, urbanization and car use, according to the latest OECD report on Environmental Performance Review, which will addressed when talks on Colombia’s accession to the Organization for Economic Cooperation and Development.

  • Tuesday, April 15th 2014 - 06:41 UTC

    Mexico and OECD discussing relations with the Pacific Alliance

    Gurría will be opening on Tuesday an international conference on development next to Mexican president Peña Nieto

    Mexico's Economy Secretary Ildefonso Guajardo Villarreal and the chairman of the Organization for Economic Cooperation and Development, OECD, José Ángel Gurría Treviño have met to address relations between OECD and the Pacific Alliance, and global value chains.

  • Tuesday, April 15th 2014 - 06:39 UTC

    China buys cash one of Peru's largest copper mines operated by Glencore Xstrata

    The deal involved 6bn dollars and the mine is expected to produce 450.000 tons of copper annually

    Chinese consortium is buying Glencore Xstrata's copper mine in Peru in a 6bn dollars all-cash deal, marking one of China's largest mining acquisitions. The consortium is led by MMG Limited and includes China's Citic Metal.

  • Tuesday, April 15th 2014 - 04:01 UTC

    White House confirms Uruguay's Mujica will meet President Obama on 12 May

    The Uruguayan president will be travelling to Washington on time for the 12 May appointment

    The White House confirmed on Monday that President Obama will host his Uruguayan peer Jose Mujica on May 12, highlighting the close partnership with Uruguay and strong leadership of Mujica's administration on human rights, social inclusion and global peace and security.

  • Monday, April 14th 2014 - 15:52 UTC

    FAO warns agriculture greenhouse emissions have doubled in 50 years

    Emissions from crop and livestock grew 14% to 5,3 billion tons of carbon dioxide between 2001 and 2011

    From farming to forestry and fisheries, agriculture greenhouse emissions have nearly doubled over the past 50 years and may increase by another 30% by 2050, according to new estimates from the UN Food and Agricultural Organization (FAO).

  • Monday, April 14th 2014 - 15:50 UTC

    World trade expected to grow 4.7% this year and 5.3% in 2015, says WTO

    WTO Director-General Azevêdo said. “It's clear that trade is going to improve as the world economy improves”.

    World trade is expected to grow by a modest 4.7% in 2014 and at a slightly faster rate of 5.3% in 2015 World Trade Organization economists announced on Monday. The 4.7% forecast is more than double the 2.1% increase of last year, but remains below the 20-year average of 5.3%. For the past two years, growth has averaged only 2.2%.

  • Saturday, April 12th 2014 - 09:03 UTC

    Argentine government disavows the strike and confirms current policies

    “Not a speck of chance of modifying the current course” said Labor minister Tomada

    The Argentine government said on Friday there is no turning back of current policies despite the massive national strike that paralyzed the country on Thursday and insisted that the real impact was the result of the roadblocks in the accesses to the main cities.

  • Saturday, April 12th 2014 - 08:45 UTC

    Oil race fuels new Falklands chapter

    ”The war completely changed the Falklands from an economic perspective,” said Mike Summers

    The following article from the Sydney Morning Herald was written by Chris Zappone, who recently visited the Falkland Islands as a guest of the local government and the Foreign Office.The Falkland Islands are not an easy place to reach. Flights come only weekly. Cruise ships making the trip brave frigid seas, freezing nights and recently, harassment from Argentine dockworkers.