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MercoPress, en Español

Montevideo, June 3rd 2026 - 22:00 UTC

Economy

  • Saturday, June 10th 2023 - 10:34 UTC

    French minister warns against rushing EU-Mercosur deal

    Brazil is currently “engaging in a strong energy transition” under Lula, Becht said

    France's Junior Trade Minister Olivier Becht expressed his concerns said this week during his visit to Brazil about concluding the EU-Mercosur deal too hastily. While his country does want a deal concluded between the European Union and South America’s Mercosur, Becht warns against entering into it too quickly, without assurances on environmental and social issues.

  • Saturday, June 10th 2023 - 10:29 UTC

    Argentine Central Bank releases gruesome projections

    Unemployment is also expected to grow for the remainder of 2023 by the BCRA

    Argentine Central Bank's (BCRA) monthly Relevamiento de Expectativas de Mercado (Market Expectancy Survey - REM) report for May released Friday forecasted inflation by the end of this year to reach 148.9%, 22.5 percentage points (p.p.) higher than the previous projection, it was announced in Buenos Aires.

  • Thursday, June 8th 2023 - 16:07 UTC

    Germany recruiting skilled labor, particularly nurses in Brazil

    Heil, travelling in South America for several days with Foreign Minister Annalena Baerbock, signed the declaration together with minister Luiz Marinho in Brasilia

    German Labour Minister Hubertus Heil and Brazilian Labour Minister Luiz Marinho signed a declaration of intent for “fair immigration” to promote the exchange of skilled workers.

  • Thursday, June 8th 2023 - 16:05 UTC

    IMF suggests immigration could help UK with inflation and labor shortage

    IMF's Gita Gopinath told BBC Newsnight that “with inflation as high as it is... there are benefits to having workers come in”

    Immigration that fills gaps in the domestic jobs market can help push down UK inflation, the deputy head of the International Monetary Fund has said. However British prime minister Rishi Sunak has insisted rates of legal immigration are “too high”

  • Thursday, June 8th 2023 - 16:03 UTC

    OECD: UK inflation highest this year; BoE rate could peak 5,25%

    Among countries analyzed in the OECD economic outlook, only Argentina (125%) and Turkey are expected to have a higher headline rate than the UK this year

    OECD, the Organization for Economic Cooperation and Development anticipated the UK will experience the highest level of inflation among all advanced economies this year. UK is set to report a headline inflation of 6.9% this year, above the OECD average of 6.6% for 2023.

  • Thursday, June 8th 2023 - 15:14 UTC

    Falklands budget, “it won't be easy for the private sector”

    Mike Summers, “government competes constantly with the private sector for labor in the middle and lower ranks”

    The latest announcements on the Falkland Islands budget have not gone without comments from the Falklands Chamber of Commerce and its current president Mike Summers, according to an interview on the local television channel.

  • Thursday, June 8th 2023 - 10:55 UTC

    Fitch upgrades Uruguay's rating

    Uruguay Economy Ministry Azucena Arbeleche

    Thanks to Uruguay's ”solid fiscal performance that allowed it to absorb the shock of the Covid-19 pandemic, added to the track record of compliance with the fiscal framework, which has improved its credibility, increased resilience to economic shocks and reduced the risk of a potential increase in the stock of public debt.

  • Thursday, June 8th 2023 - 08:59 UTC

    UK's CBI survives, but many questions remain and members holding out

    Rain Newton-Smith, its new director general, said the result is “a really strong mandate from our members”

    The powerful lobby Confederation of British Industry, CBI has won a key confidence vote over its future after members overwhelmingly backed the lobby group following a series of scandals.

  • Wednesday, June 7th 2023 - 10:12 UTC

    World Bank releases contrasting projections for Brazil and Argentina

    The World Bank's Global Economic Prospects report is published twice a year

    The World Bank foresees a 1.2% growth this year for the Brazilian economy and a 2% contraction for that of Argentina, it was reported Tuesday.

  • Wednesday, June 7th 2023 - 10:07 UTC

    Plan to fight indebtedness launched in Brazil

    Brazil intends to strengthen ties with the United Nations and with the Netherlands, Haddad explained

    The Desenrola plan, a scheme devised by the Government of President Luiz Inácio Lula da Silva to help people pay their debts, will be accompanied by a financial education program, said Finance Minister Fernando Haddad Tuesday upon elaborating alongside Queen Maxima of The Netherlands on the project launched the day before, Agencia Brasil reported.