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MercoPress, en Español

Montevideo, February 13th 2026 - 10:16 UTC

Economy

  • Thursday, October 2nd 2025 - 08:01 UTC

    “Argentina’s finances just got even more surreal”, by The Economist

    President Milei and mentor, Donald Trump, Make Argentina Great Again

    On September 22nd, 15 minutes before Argentina’s foreign-exchange markets opened, America’s government made an intervention. “Argentina is a systemically important US ally,” Scott Bessent, America’s treasury secretary, wrote on X, a social network. He added that the United States would “do what is needed” and that “all options for stabilization are on the table.”

  • Wednesday, October 1st 2025 - 22:08 UTC

    CFK fears peso devaluation after Oct. 26 midterm elections

    CFK also highlighted Milei's failure to deliver on his election promises

    As the Argentine Government of Javier Milei grapples to keep the local peso from plunging against the US dollar, former President Cristina Fernández de Kirchner posted from her house arrest that everybody knew about the impending devaluation after the Oct. 26 midterm elections. “Oh, Milei! ... It seems to me that they realized that after Sunday the 26th, you would devalue,” CFK wrote.

  • Wednesday, October 1st 2025 - 10:55 UTC

    Milei announces new meeting with Trump at White House

    Milei and his entourage will be staying at the Blair Residence, spared for visiting close allies

    Argentine President Javier Milei will meet on Oct. 14 with his US counterpart, Donald J. Trump, at the White House, just a few days ahead of the midterm elections in the South American country, Casa Rosada confirmed Tuesday. “MEETING AT THE WHITE HOUSE. End,” Milei posted on X.

  • Wednesday, October 1st 2025 - 08:32 UTC

    Argentina's temporarily dropping export duties shakes CBOT

    A total of 86% of the 19.6 million tons that reached the US$7 billion ceiling by Thursday were registered by seven export companies. And that had an impact on the grain market

    The government of Argentina temporarily implemented a zero export duty quota on grain shipments (up to a US$7 billion ceiling), which was exhausted by exporters in just three days.

  • Tuesday, September 30th 2025 - 09:30 UTC

    Almost half of Brazil's GDP stems from foreign investments

    The main foreign investors in Brazil are the United States, France, Uruguay, Spain, and the Netherlands, the BCB explained

    According to a recent report released by Brazil's Central Bank (BCB), 46.6% of South America's largest country's Gross Domestic Product (GDP) last year stemmed from foreign investments.

  • Monday, September 29th 2025 - 09:40 UTC

    US Secretary of Commerce comments spark inamicable reactions

    Lutnick further stirred the waters of US foreign trade

    US Secretary of Commerce Howard Lutnick insisted that a group of countries needed “to react correctly to the US” and open their markets, in addition to stopping “taking actions that harm America.”

  • Monday, September 29th 2025 - 09:26 UTC

    Bolivia: YPFB lawyer says current refining scheme is profitable

    “Clearly, any criminal prosecution without evidence is political persecution,” Eduardo Saucedo insisted

    Bolivia's State-run oil company YPFB's Legal Affairs Manager, Eduardo Saucedo, defended the creation of Botrading, a refining subsidiary, arguing that it resulted in savings worth over US$300 million despite prosecutors claiming otherwise.

  • Saturday, September 27th 2025 - 10:46 UTC

    Paraguay's economy grows 5.9% in first semester of 2025

    Agriculture was the only major sector to yield negative overall results

    According to the Central Bank of Paraguay's (BCP) “Quarterly National Accounts” report released on Friday in Asunción, the South American country's quarterly Gross Domestic Product (GDP) grew significantly, resulting in 5.9% year-on-year growth in the first semester of 2025, following positive outcomes in most sectors.

  • Wednesday, September 24th 2025 - 10:45 UTC

    Trump highlights “excellent chemistry” with Lula

    It is yet to be decided whether next week's talks will be face-to-face or by telephone

    US President Donald Trump said on Tuesday that he had a good “chemistry” with his Brazilian counterpart, Luiz Inácio Lula da Silva, with whom he plans to hold talks next week. Trump described Lula as a “very nice man” after their brief meeting on the sidelines of the 80th United Nations General Assembly in New York.

  • Wednesday, September 24th 2025 - 10:35 UTC

    Additional financial help for Argentina announced

    Caputo thanked the World Bank for its efforts

    Following meetings in the United States, including the one between President Javier Milei and his US colleague Donald Trump, the South American country has secured significant financial support from international agencies.