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MercoPress, en Español

Montevideo, April 1st 2026 - 09:51 UTC

Economy

  • Friday, September 19th 2025 - 10:22 UTC

    Dollar soars amid Argentina's political instability

    People get scared and cover themselves, Caputo argued

    Argentina's Economy Minister Luis Toto Caputo announced on Thursday that the government would sell “every last dollar” to defend the current parity between the Argentine peso and the greenback. He made those remarks following a rise in the official quotation, which pierced the upper limit of its exchange rate band. Caputo insisted this approach fell within the program agreed upon with the International Monetary Fund (IMF).

  • Friday, September 19th 2025 - 09:37 UTC

    Argentina records 21st straight trade surplus

    Imports grew at a faster pace than exports, so if the trend persists, a negative balance would be on the radar

    Argentina's trade surplus last month was US$1.402 billion, which was way higher than expectations. According to the National Institute of Statistics and Censuses (Indec), this marks the 21st consecutive month of a trade surplus for the country.

  • Friday, September 19th 2025 - 03:49 UTC

    Brazilian inflation in August drops slightly but remains above target

    Within the IPCA basket, notable declines came from gasoline (-0.94%) and electricity (-4.21%).

    Brazil’s official consumer inflation index (IPCA) fell 0.11% in August, the Brazilian Institute of Geography and Statistics (IBGE) reported last week. This was the first negative reading since August 2024 and the sharpest drop since September 2022, when inflation fell 0.29%.

  • Thursday, September 18th 2025 - 13:50 UTC

    UK Trade Minister visiting Brazil and Argentina

    Bryant will also engage with leading Latin American investors to promote the UK as a destination for fund expansion

    As the UK seeks agreements to make it easier and cheaper for British businesses to export, newly appointed Trade Minister Chris Bryant is visiting Brazil and Argentina on Thursday to achieve those goals.

  • Wednesday, September 17th 2025 - 10:45 UTC

    Sharp fall in unemployment reported in Brazil

    The employment level stood at a record high of 58.8%

    A report released Tuesday by Brazil's Institute of Geography and Statistics (IBGE) showed a significant drop in the unemployment rate in the quarter ending in July, which stood at 5.6%, the lowest since records began in 2012. In the previous rolling quarter, the rate was 5.8%.

  • Tuesday, September 16th 2025 - 21:06 UTC

    Mercosur, EFTA sign FTA in Rio de Janeiro

    Negotiations began in 2017 in Buenos Aires

    The Southern Common Market (Argentina, Brazil, Paraguay, and Uruguay) and the EFTA states (Iceland, Liechtenstein, Norway, and Switzerland) signed a Free Trade Agreement (FTA) on Tuesday in Rio de Janeiro, Brazil, creating a zone of nearly 300 million people with a combined GDP of over US$4.3 trillion.

  • Tuesday, September 16th 2025 - 10:50 UTC

    Uruguay: Economy grows 2.1% in 2Q of 2025

    Oddone stressed that the government's expectations for the next five years were “feasible”

    Uruguay's economy grew by 2.1% in the second quarter of 2025 compared to the same period in 2024, according to a report released on Monday by the Central Bank (BCU), which also noted a 0.4% growth from the previous quarter.

  • Tuesday, September 16th 2025 - 09:55 UTC

    Milei outlines Budget Bill in broadcast message: “The worst is over”

    He proposed spending increases on many items in a move to bounce back from his lacklustre momentum

    In a recorded broadcast message, Argentine President Javier Milei outlined the 2026 Budget Bill sent to Congress, asserting that “the worst is over” for the country's economy.

  • Monday, September 15th 2025 - 08:53 UTC

    Trump entices foreign investors to bring skilled labor to US

    “If we didn’t do this, all of that massive investment will never come in the first place,” Trump also pointed out

    US President Donald Trump has called on foreign companies investing in his country to bring on their skilled personnel to train American workers in the manufacturing of complex products.

  • Saturday, September 13th 2025 - 10:55 UTC

    Mercosur-EFTA deal ready to be signed next week

    The ceremony will take place in Rio de Janeiro, chaired by Brazil's FM Mauro Vieira

    The Southern Common Market (Mercosur) is to sign a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) next Tuesday in Rio de Janeiro, it was announced on Friday. EFTA groups Norway, Switzerland, Iceland, and Liechtenstein, which will now partner with Argentina, Brazil, Paraguay, Uruguay, and Bolivia.