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MercoPress, en Español

Montevideo, December 5th 2025 - 08:38 UTC

Economy

  • Wednesday, April 23rd 2025 - 10:59 UTC

    IMF revises region's growth downwards amid US tariff war

    The IMF adjusted its GDP growth forecast for Brazil downward for 2025 to 2.0% from 2.2%

    The International Monetary Fund's (IMF) April 2025 Global Economic Outlook, released Tuesday in Washington, revised global and regional economic forecasts downward due to the US-initiated trade war and associated uncertainties.

  • Wednesday, April 23rd 2025 - 10:16 UTC

    Significant drop in Argentine beef exports reported

    Argentine beef exports dropped significantly in Q1 2025 compared to Q1 2024, with a 28% decrease in volume (142,500 tons) and a 7.5% decrease in value (US$694.4 million), it was reported Tuesday in Buenos Aires.

  • Monday, April 21st 2025 - 09:40 UTC

    Brazil resumes export insurance scheme

    The government is acting to ensure that companies are better able to export more, Alckmin said

    Brazil's Ministry of Development, Industry, Foreign Trade and Services (MDIC) has resumed the post-shipment export credit insurance (SCE) mechanism, which had been discontinued in 2019.

  • Saturday, April 19th 2025 - 10:44 UTC

    CAF bond placement to strengthen Paraguayan agribusiness SMEs

    “Through this record term placement, we continue to consolidate our presence in Paraguay,” CAF's Díaz-Granados said

    The Development Bank of Latin America and the Caribbean (CAF) issued bonds worth ₲ 125 billion (approximately US$ 15.6 million) in Paraguay’s capital market, with a historic 5-year term and a 6.65% annual coupon rate. This is the longest-term issuance by a multilateral institution in Paraguay’s history and CAF’s third bond issuance in guaraníes, following a prior issuance of ₲ 197.5 billion.

  • Friday, April 18th 2025 - 10:00 UTC

    Brazil launches pet registration program for cats and dogs

    When we take proper care of the dog and cat population, we avoid zoonoses, Silva noted

    Brazilian President Luiz Inácio Lula da Silva Thursday launched the National Program for the Protection and Ethical Population Management of Dogs and Cats (ProPatinhas) and the National Domestic Animal Registry System (SinPatinhas) during a ceremony at the Planalto Palace.

  • Thursday, April 17th 2025 - 10:55 UTC

    Argentina records slight trade balance surplus

    Had last year's prices persisted, Argentina's trade balance would be in the red

    Although positive, Argentina's trade surplus of US$ 323 million in March 2025 represented a sharp drop from US$ 2,160 million in the same month last year, the National Institute of Statistics and Census (Indec) said in a report released Wednesday.

  • Thursday, April 17th 2025 - 10:41 UTC

    Milei takes heavy flak in Bolivia for remarks alongside Bessent

    Milei forgot to mention “the deep social crises, the growing inequality, and the institutional violence that exist in their own territories,” Bolivia's Foreign Ministry stressed

    The Bolivian Government of President Luis Arce Catacora criticized Argentine ruler Javier Milei for his verbal attack on Latin American and Caribbean regional integration. During a press conference on Monday in Casa Rosada alongside US Secretary of the Treasury Scott Bessent, the Libertarian leader criticized Bolivia's socialist economic model under the Movement Towards Socialism (MAS).

  • Thursday, April 17th 2025 - 10:35 UTC

    Argentina's Indec to gauge CPI differently

    The Indec finalized in March all the technical and methodological developments for the new CPI, Francos pointed out

    Argentine Cabinet Chief Guillermo Francos announced Wednesday that a new methodology for calculating the Consumer Price Index (CPI) to measure inflation more accurately is to be implemented shortly by the National Institute of Statistics and Census (Indec), pending institutional review and an awareness campaign.

  • Wednesday, April 16th 2025 - 19:13 UTC

    Paraguay's GDP projections revised upwards

    The soybean complex is anticipated to underperform compared to broader economic growth due to adverse weather conditions, according to the BCP forecast

    The Central Bank of Paraguay (BCP) has revised its 2025 GDP growth forecast upward from 3.8% to 4.0%, driven by stronger-than-expected economic activity in early 2025, BCP Chief Economist César Yunis explained. To reach these conclusions, the following issues were taken into consideration:

  • Wednesday, April 16th 2025 - 09:55 UTC

    Chinese Embassy in Buenos Aires rebukes Bessent's remarks

    Some people with ulterior motives are trying to sow discord in Sino-Argentine and Sino-African relations,” the Chinese Embassy underlined

    The Chinese Embassy in Argentina issued a strong rebuke against US Secretary of the Treasury Scott Bessent for his statements during his visit to Buenos Aires on Monday, accusing him of “maliciously slandering” China by labeling its bilateral swap agreement with Argentina as “rapacious” and debt-heavy.