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MercoPress, en Español

Montevideo, July 3rd 2025 - 10:56 UTC

Economy

  • Saturday, April 15th 2023 - 09:09 UTC

    China to open new opportunities for Brazil, Xi tells Lula

    “We count on China in our fight to preserve planet Earth,” Lula said about his environmental goals

    Brazilian President Luiz Inácio Lula Da Silva was offered a grand welcome by his Chinese colleague Xi Jinping as both leaders set out the guidelines for a partnership that will undoubtedly play a role in world events. China “will open new opportunities for Brazil,” Xi said.

  • Saturday, April 15th 2023 - 08:12 UTC

    US Deputy Secretary of State meets with Argentine FM in BA

    “Together, Argentina and the United States can help provide fuel and food to the world,” Sherman said

    Argentine Foreign Minister and US Deputy Secretary of State Wendy Sherman met Friday in Buenos Aires to further discuss a bilateral agenda set out during the March 29 summit at the White House between Presidents Joseph Biden and Alberto Fernández.

  • Friday, April 14th 2023 - 10:40 UTC

    Argentina: “Blue” dollar hits psychological AR$ 400 mark

    The devaluation of the official rate was only 0.07% to stand at AR$ 221.61

    The unofficial exchange rate known as “blue” (a euphemism for “black market”) between the Argentine peso and the US dollar crossed the psychological US$ 1 / AR$ 400 barrier Thursday just a few days after the “agro” rate was implemented in a move to curb the volatile parity.

  • Friday, April 14th 2023 - 10:00 UTC

    Lula visits BRICS development bank and Huawei's tech center

    For the first time, a development bank with global reach was established without the participation of developed countries in its initial phase

    Brazilian President Lula da Silva on Thursday in Shanghai visited the headquarters of the BRICS New Development Bank (NDB) and Huawei's technology development center. At the NDB, Lula met with NDB President Dilma Rousseff, and delivered a speech to the staff. It was the first time that a head of state had paid a visit to the bank.

  • Thursday, April 13th 2023 - 11:19 UTC

    Alckmin says Brazil's trade with neighbors should come first

    “We have to start with our neighbors,” said Alckmin, who added that thence Lula's first trip as President was to Argentina and Uruguay

    Brazilian Vice President Geraldo Alckmin, in charge of the South American country due to President Luiz Inácio Lula da Silva's trip to China, insisted Wednesday on the importance of increasing trade with Latin America, Xinhua reported.

  • Thursday, April 13th 2023 - 10:54 UTC

    Lula highlights BRICS Bank's social role

    The IMF is “asphyxiating” Argentina, Lula also said

    Brazilian President Luiz Inácio Lula da Silva Thursday highlighted the social mission of the New Development Bank (NDB), also known as BRICS Bank, during Dilma Rousseff's inauguration as president of the financial institution in Shanghai, China.

  • Wednesday, April 12th 2023 - 10:04 UTC

    Brazil recovers the Russian market for its beef exports

    On March first, Brazil, following sanitary protocol imposed an embargo on meat from animals slaughtered in the state of Pará that were more than 30 months old.

    Brazil has announced the end of the Russian embargo on Brazilian beef produced and exports in the state of Pará. Russia imposed the restrictions during March, after the confirmation of an atypical case of BSE or “mad cow” disease in Marabá, in the south of the state, in late February.

  • Wednesday, April 12th 2023 - 09:05 UTC

    Brazilian inflation decelerates in March

    TVs, stereos, and computers fell in March

    Brazil's National Wide Consumer Price Index (IPCA), which measures the country's official inflation, reached 0.71% in March, decelerating in relation to February, when it was 0.84%, and reaching the lowest level since January 2021, it was announced Tuesday.

  • Tuesday, April 11th 2023 - 10:50 UTC

    Argentine President highlights the State's role in housing for all

    “Middle-income countries account for 60% of the world's poverty,” President Fernández explained

    Argentine President Alberto Fernández Monday insisted that “giving a roof to every inhabitant is an act of justice.” Fernández made those remarks at the closing ceremony of a Forum of Ministers and Highest Authorities of Housing and Urban Planning of Latin America and the Caribbean at Buenos Aires' Kirchner Cultural Center (CCK).

  • Monday, April 10th 2023 - 10:59 UTC

    Mercosur, Canada to resume trade deal talks

    A Canadian team is due in Brasilia next month to resume the negotiations that were left aside due to the Covid-19 pandemic

    Negotiations for an agreement between Mercosur and Canada to eliminate tariffs on industrial and agricultural goods, services, intellectual property, and government purchases are to resume after more than three years, CNN Brazil reported. The initiative had been halted by the Covid-19 pandemic.