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MercoPress, en Español

Montevideo, March 31st 2026 - 08:45 UTC

Economy

  • 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.

  • Saturday, April 8th 2023 - 10:13 UTC

    Argentina: inflation projections take turn for the worse

    The Central Bank's survey showed inflation will not fall below 6% monthly, at least until September

    Leading Argentine economists foresee the country's inflation in 2023 might reach 110%, a 10.2 % increase from previous projections, it was explained in Buenos Aires. The projection thus reached three digits for the first time since the REM was implemented.

  • Thursday, April 6th 2023 - 16:21 UTC

    Argentina officially rejoins Unasur to play a leading role in its “revitalization”

    Fernández announced on March the return to Unasur. When Macri's government left the bloc, it alleged that the organization was plunged into a crisis due to an “agenda with a high ideological content”

    Argentina made official its return to the Union of South American Nations (Unasur), founded in 2009 and from which it had left in 2019, to “promote its institutional revitalization and build an increasingly integrated region,” official sources said Thursday.

  • Thursday, April 6th 2023 - 14:21 UTC

    Lula's administration announces orthodox fiscal goals, to help combat inflation expectations

    The fiscal framework proposed by Fernando Haddad combines a looser spending cap with primary budget targets. First reactions of markets have been positive

    The Brazilian administration of President Lula da Silva finally unveiled new fiscal rules to try and balance limits on spending growth, which have collided with promises of higher social programs, government investment, and independent central bank high-interest rates, all of which have created uncertainty about his commitment to combat inflation.

  • Thursday, April 6th 2023 - 10:19 UTC

    IMF says Paraguay has good macroeconomic performance

    Villafuerte visited Asunción with an IMF team from March 27 to April 4

    A statement from the International Monetary Fund (IMF) released in Asunción on Wednesday highlighted Paraguay's macroeconomic performance and underlined that the South American country met the goals set for the end of 2022, after implementing a two-year technical support program from the global agency.

  • Wednesday, April 5th 2023 - 10:11 UTC

    Argentina: Minister Massa discusses trade with group of US Senators

    Massa insisted Argentina needs to export more to the US, for which certain barriers must be lowered

    Argentina's Economy Minister Sergio Massa met Tuesday in Buenos Aires with a group of US Senators to discuss economic and political cooperation in order to face the challenges posed by the new global reality.

  • Tuesday, April 4th 2023 - 22:07 UTC

    Dramatic report from the World Bank, on long term growth

    The report says that global growth in GDP between 2022 and 2030 is on track to decline 2.2%, down one-third from the rate that applied between 2000 and 2010

    The World Bank warned of a slow-growth crisis in the global economy that could persist over the coming decade unless governments worldwide adopt what it calls “sustainable, growth-oriented policies.” The dramatic document is titled “Failing Long-Term Growth Prospects.”

  • Tuesday, April 4th 2023 - 21:30 UTC

    Brazil ready to supply Argentina with soybeans for the its crushing industry

    Grain companies in Mato Grosso do Sul estimate a record export of 1.6 million tons of soybeans to Argentina via Porto Murtinho and across the dry border to Concepcion, Paraguay

    Brazil has enough potential to supply up to half of the soybeans that Argentina will import to keep its industrial park running in the face of the historic drought that ravaged the 2022/23 crop in the country, which is usually the largest exporter of soy oil and soy meal in the world.