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MercoPress, en Español

Montevideo, December 14th 2025 - 10:40 UTC

Economy

  • Tuesday, August 12th 2025 - 09:55 UTC

    Lula and Xi Jinping discuss bilateral and global issues

    Both presidents agreed that Washington's tariffs were obstacles to a fair and equitable international system

    Presidents Xi Jinping of China and Luiz Inácio Lula da Silva of Brazil on Monday held a telephone conference, during which they discussed topics of mutual interest, as well as global issues. Both leaders agreed that China-Brazil relations were at an all-time high and planned to continue working together.

  • Tuesday, August 12th 2025 - 09:55 UTC

    Paraguay's Lower House gives nod to Mercosur-Singapore FTA

    This agreement provides strategic access to the large Asian market, Latorre argued

    Paraguay's Lower House on Monday approved the Free Trade Agreement between the South American Common Market (Mercosur) and Singapore signed in December 2023 in Rio de Janeiro. The deal had already been approved by the Senate. The understanding seeks to increase accessibility and transparency for businesses engaging in electronic transactions and public procurement.

  • Monday, August 11th 2025 - 10:25 UTC

    Chile halts meat imports from Argentine Patagonia

    Should a case of foot-and-mouth disease appear north of the Colorado River, it would compromise the entire Argentina, including Patagonia

    The Chilean Government of President Gabriel Boric Font suspended the import of all animals and animal products from Argentina that require foot-and-mouth disease-free certification, in response to the Libertarian administration's decision to deregulate the National Service for Agrifood Health and Quality (Senasa). This move directly affects exports of sheep meat and bulls from Argentina's provinces of Neuquén and Río Negro, jeopardizing millions of dollars in trade.

  • Monday, August 11th 2025 - 10:09 UTC

    No good news for Argentine SMEs

    Purchases were concentrated on basic necessities, CAME said

    Retail sales for small and medium-sized enterprises (SMEs) dropped by 2% year-on-year in July and 5.7% compared to June, marking the fourth consecutive month of decline, according to the Retail Sales Index (IVM) compiled by the Argentine Confederation of Medium-Sized Enterprises (CAME). Despite this, year-to-date sales for 2025 are still up 7.6% compared to the same period in 2024.

  • Monday, August 11th 2025 - 09:14 UTC

    Falklands: Gross National Income per capita £58,749 in 2024, FIG National Accounts

    In 2024, the GNP grew by 2.7% in nominal terms to £288 million, while the GDP in real terms rose by 3.6% to £175 million.

    The Falkland Islands Government Policy Department has announced the publication of the Falkland Islands National Accounts for the years 2014 to 2024.

  • Friday, August 8th 2025 - 10:01 UTC

    UN Chief finds Trump's tariffs “disheartening”

    Guterres wants governments to take action to protect the poorest people

    UN Secretary-General António Guterres has expressed that the new tariffs imposed by U.S. President Donald Trump are “disheartening.” Through his spokesperson, Farhan Haq, Guterres reiterated his long-held belief that “trade wars are ruinous and need to be avoided.”

  • Friday, August 8th 2025 - 09:38 UTC

    Indebtedness is the true basis of Milei's Argentina's shallow recovery, UBA says

    Supermarkets are decumulating stock amid waning consumption

    A study from the University of Buenos Aires' (UBA) School of Economics revealed this week that almost half of Argentines (46%) are now using credit cards to buy food, a significant increase since the start of the Javier Milei administration.

  • Thursday, August 7th 2025 - 10:33 UTC

    Lula slams Trump over Brazil tariffs, accuses Bolsonaro of betrayal

    The Brazilian government is preparing financial support measures for affected companies, as nationalist sentiment grows in response to what Lula describes as a direct attack on Brazil’s sovereignty

    Brazilian President Luiz Inácio Lula da Silva harshly criticized U.S. President Donald Trump following the implementation of a 50% tariff on Brazilian exports. Lula called Trump “authoritarian” with “anti-civilizational” behavior and accused him of creating “problems where there were none.”

  • Thursday, August 7th 2025 - 09:54 UTC

    Brazil turns to WTO to seek remedy to US tariffs

    However, the move is purely symbolic; no results are expected

    Brazil formally challenged recent US tariffs by requesting consultations on Wednesday with the World Trade Organization (WTO). The tariffs, which impose up to a 50% surcharge on a wide range of Brazilian products, were implemented by two executive orders from President Donald Trump.

  • Thursday, August 7th 2025 - 09:40 UTC

    La Plata-Montevideo connection operational

    The new development marks another step toward more responsible, transparent, and sustainable operations, it was explained

    A new weekly shuttle called the “3S Shuttle Service Solution” has been launched, connecting the port of La Plata in the province of Buenos Aires with Montevideo, Uruguay. This service is a collaboration between TecPlata and Independencia Shipping Lines. It aims to provide more competitive and efficient alternatives for trade between the two countries.