Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, December 12th 2025 - 06:42 UTC

Economy

  • Wednesday, December 3rd 2025 - 10:59 UTC

    Lula and Trump discuss organized crime and trade tariffs

    Both leaders agreed to speak again soon to review the progress of these initiatives

    Presidents Luiz Inácio Lula da Silva of Brazil and Donald Trump of the United States held a 40-minute telephone conversation on Tuesday, focusing on boosting joint efforts to combat international organized crime and the further reduction of US tariffs on Brazilian goods.

    Add your comment!
  • Tuesday, December 2nd 2025 - 10:39 UTC

    Strong peso leading to outflow of dollars from Argentina

    A convenient exchange rate drives Argentines to vacation abroad

    Argentina is on track for a historic outflow of dollars due to surging outbound tourism, driven by a favorable exchange rate. Initial projections for this year have been significantly revised upward, with analysts now anticipating a total dollar outflow between US$11 billion and US$13 billion (around 1.6% of the country's GDP), which would outpace the US$10.662 billion recorded in 2017 under then-President Mauricio Macri.

  • Monday, December 1st 2025 - 21:30 UTC

    Brazil's Central Bank lowers inflation forecast for 2025

    Although lower than before, Brazil's inflation remains slightly above the targeted ceiling

    Brazil's Broad National Consumer Price Index (IPCA) projections for this year have slipped from 4.45% to 4.43%, according to the latest issue of the weekly Focus Bulletin (FB) released by the Central Bank (BCB) on Monday. The IPCA is tantamount to the country's inflation index.

  • Monday, December 1st 2025 - 21:01 UTC

    Uruguay leads Latin America in electric car sales

    During the first semester of 2025, electric vehicle sales in Uruguay reached over 5,000 units, representing a 124% yoy increase

    Uruguay has cemented its position as the undisputed leader in Latin American electric vehicle (EV) adoption, achieving a remarkable market penetration of 27.97% in the third quarter of 2025, the Latin American Zero Emissions Observatory (ZEMO) reported. The South American country is way ahead of its nearest competitor (Costa Rica, with 16.26%).

  • Saturday, November 29th 2025 - 09:24 UTC

    Argentine SME's decry effects of Milei's policies

    Diab's CAME had previously endorsed the Libertarian administration's initiatives

    The Argentine Confederation of Medium-Sized Enterprises (CAME) is sounding the alarm over business closures, attributing the crisis to the government's dual policies of import openness and reduced consumption.

  • Friday, November 28th 2025 - 00:45 UTC

    Falkland Islands Holding losses narrow but weakness persists in Falklands

    Munro FIH CEO said: “Challenges in the construction division reported at the half year continued to adversely impact results in the second half albeit to a lesser extent”

    The Financial highlights of the Falkland Islands Holding Group, (FIH) indicate, despite a 4% increase in revenues to £18.9 million on the six months ending September 2025, that overall revenue was below prior year at £40.9 million (2024: £52.5 million).

  • Thursday, November 27th 2025 - 21:52 UTC

    France's National Assembly stones EU-Mercosur FTA

    The resolution passed with 245 votes in favor and 0 against

    The French National Assembly voted unanimously on Thursday to reject the Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), sending a strong, non-binding message to President Emmanuel Macron to withhold his approval.

  • Wednesday, November 26th 2025 - 21:52 UTC

    Latin America remains the world's most unequal region

    Salazar-Xirinachs deemed this historical and structural inequality “unacceptable”

    The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) warned in its latest report that Latin America continues to be the most unequal region globally, with extreme concentration of wealth stifling growth and social mobility.

  • Tuesday, November 25th 2025 - 19:36 UTC

    Uruguay's Economy Minister hopeful about EU-Mercosur FTA deal

    Oddone also hoped peace would prevail in the conflict escalating in Venezuela

    Uruguay’s Economy Minister Gabriel Oddone said Tuesday in Madrid that he was strongly confident that the long-delayed Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur) will be signed shortly. Additionally, he voiced his concerns over the escalating military tensions in the Caribbean.

  • Tuesday, November 25th 2025 - 18:54 UTC

    Lula troubled by interpreter's poor work at G20 Summit

    “Only Janja may whisper in my ear!,” Lula stressed

    Brazilian President Luiz Inácio Lula da Silva was deeply troubled on the closing day of the G20 Summit in Johannesburg (South Africa) by an interpreter's unprofessional behavior. “Only [First Lady] Janja [da Silva] may whisper in my ear!” he stressed.