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MercoPress, en Español

Montevideo, February 12th 2026 - 06:18 UTC

Economy

  • Monday, January 19th 2026 - 10:36 UTC

    IMF keeps Argentina’s growth outlook at 4% for 2026 and 2027 amid fragile global balance

    For Argentina, the IMF’s projections place the country above both global growth and regional peers

    The International Monetary Fund (IMF) has reaffirmed its projections for Argentina’s economy, forecasting growth of 4% in both 2026 and 2027, unchanged from its previous estimates published in October. The figures appear in the latest update of the World Economic Outlook (WEO), presented on Monday in Brussels.

  • Sunday, January 18th 2026 - 23:20 UTC

    With Milei present and Lula absent, Mercosur and EU sign landmark deal in Asunción

    Milei called the deal “the most important achievement in Mercosur’s history” and said Argentina would continue to pursue additional trade initiatives beyond the EU agreement

    The European Union and South America’s Mercosur bloc signed their long-negotiated association and free trade agreement on Saturday in Paraguay, with Argentina’s President Javier Milei attending the ceremony and Brazil’s Luiz Inácio Lula da Silva absent, represented instead by his foreign minister.

  • Saturday, January 17th 2026 - 10:55 UTC

    Mercosur and EU sign historic trade agreement in Asunción after 26 years of negotiations

    The signing ceremony took place at the Gran Teatro José Asunción Flores, the same venue where the founding treaty of Mercosur was signed in 1991

    On January 17, 2026, the Mercosur bloc and the European Union (EU) will formalize a comprehensive association and free trade agreement in Asunción, Paraguay, marking the culmination of nearly 26 years of negotiations, according to international and regional news outlets.

  • Friday, January 16th 2026 - 19:07 UTC

    Lula and von der Leyen say Mercosur-EU deal advances multilateralism

    Von der Leyen praised Lula’s commitment to “values important to us, such as democracy, the international rules-based order and respect for communities and sovereign nations”

    Brazilian President Luiz Inácio Lula da Silva and European Commission President Ursula von der Leyen agreed on Friday that the free trade agreement between Mercosur and the European Union (EU), due to be signed Saturday in Asunción, will benefit global trade, democracy and multilateralism, EFE reported.

  • Friday, January 16th 2026 - 10:20 UTC

    YPF lawsuit: Burford asks US court to hold Argentina in contempt

    Although the ruling has been appealed, US judgments can be enforced pending appeal

    Burford Capital, the main beneficiary of a US$16 billion first-instance ruling against Argentina over the 2012 expropriation of YPF, has asked federal judge Loretta Preska to hold the country in contempt and impose sanctions, citing alleged failures to comply with discovery orders.

  • Thursday, January 15th 2026 - 09:04 UTC

    Falklands, Legislative Assembly portfolio assignments

    The eight elected members of the Legislative Assembly have started to move from Gilbert House to the renewed Sulivan House

    The Falkland Islands elected Legislative Assembly has agreed a revised portfolio system for the 2025-2029 term. Following the December 2025 General Election, Members reviewed the structure to improve focus, and align related policy areas.

  • Tuesday, January 13th 2026 - 10:00 UTC

    Trump spoils Lula's celebration of trade surplus with Iran

    The crisis in Iran is escalating, and Trump will take whichever action he deems necessary

    US President Donald Trump announced on Monday that any nation conducting business with Iran will face a 25% tariff on all trade with Washington, thus crushing earlier celebrations by Brazil's Luiz Inácio Lula da Silva, whose government proudly announced a substantial trade surplus with Tehran, totaling US$2.8 billion in 2025, driven by corn and soybeans.

  • Tuesday, January 13th 2026 - 10:00 UTC

    IMF coming to Venezuela's rescue?

    Unfolding political events in Caracas will play a key role in determining whether that option is available

    US Secretary of the Treasury Scott Bessent announced on Monday a plan to stabilize Venezuela’s collapsing currency by re-engaging with global financial institutions. The strategy consists of unfreezing approximately US$4.9 billion in International Monetary Fund (IMF) Special Drawing Rights (SDRs) to provide much-needed liquidity to Caracas' Central Bank.

  • Saturday, January 10th 2026 - 10:47 UTC

    Bessent praises Argentina on swift repayment of swap

    Bessent noted that emergency interventions were giving way to traditional market confidence

    US Secretary of the Treasury Scott Bessent noted Friday that the Argentine government of President Javier Milei swiftly repaid US$2.5 billion from a recent currency swap in full, framing the operation as a landmark victory for the “America First” agenda and a signal of Buenos Aires' return to financial stability.

  • Saturday, January 10th 2026 - 00:28 UTC

    Venezuela stocks surge 124% a week after Maduro’s removal

    Venezuela’s market is hindered by currency convertibility limits, bureaucratic registration requirements for foreign investors, and a widening black-market exchange rate gap

    Venezuelan assets have surged in a dramatic fashion this week, with the Caracas Stock Exchange’s main index up about 124% in U.S. dollar terms, Bloomberg data shows, as global investors react to political upheaval after the removal of President Nicolás Maduro last Saturday by United States forces.