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MercoPress, en Español

Montevideo, December 8th 2025 - 05:57 UTC

Economy

  • Saturday, November 8th 2025 - 10:42 UTC

    Milei promotes Argentina's business climate at NY event

    Milei's event at the Council of the Americas drew attendees from major business firms

    Argentine President Javier Milei concluded his trip to the United States on Friday, spending the day in New York, where he met with high-profile business leaders and made a significant personal visit to a revered religious site.

  • Saturday, November 8th 2025 - 10:39 UTC

    Packs of Chilean counterfeit money available on social media

    Even if received unknowingly, anyone who detects one of these bills must report it immediately, Carabineros insisted

    Chilean criminal organizations are openly offering counterfeit banknotes on social media platforms, including Instagram. These counterfeit bills are often referred to as “5G banknotes” and are advertised by accounts claiming to be “premium money providers.”

  • Friday, November 7th 2025 - 12:01 UTC

    Top IMF economist reviews Western Hemisphere's economic situation

    Nigel Chalk reviewed Paraguay's case while the IMF was launching the latest edition of its Economic Outlook for the Americas

    In an interview with Asunción's Última Hora, Nigel Chalk, Director of the Western Hemisphere Department at the International Monetary Fund (IMF), highlighted the importance of fiscal consolidation and structural reforms to bolster resilience and growth potential, particularly amid shifting global conditions. The interview coincided with the launch of the IMF's Economic Outlook for the Americas report.

  • Friday, November 7th 2025 - 11:05 UTC

    Global money supply upswing gives Bitcoin a macro tailwind

    Photo: Pexels

    Global money supply has climbed through 2025, and that matters for assets that respond to liquidity. The latest read frames the move: an 8% rise in broad money (M2) since January, with the three-month pace softer but still positive. That backdrop helps explain why Bitcoin has held firm near six figures despite choppy ETF flows and noisy headlines.

  • Friday, November 7th 2025 - 10:48 UTC

    Brazil grows cheaper for Uruguayans, with price gaps of up to 394%

    Economy and Finance Minister Gabriel Oddone said the government is finalizing regulations for measures approved in June to alleviate the impact on border cities

    Brazil continues to offer a cheaper alternative for Uruguayan consumers, with goods costing between two and four times less in border cities. According to a report by the Economic Observatory of the Catholic University of Uruguay (UCU), cited by El País, prices in the Brazilian city of Quaraí are on average 74.4% lower than in neighboring Artigas, marking a widening gap compared to previous months.

  • Friday, November 7th 2025 - 10:02 UTC

    Falklands, modernized, phased anti-discriminatory legislation approved

    The protected characteristics will take place across four phases, Phase 1 – Race; Phase 2/ Age and Disability; Phase 3 - Sex and associated characteristics; Phase 4 - Religion or belief

    The Falkland Islands Government has approved a program of work to modernize anti-discrimination legislation, ensuring that everyone in the Falkland Islands is protected from unlawful discrimination.

  • Thursday, November 6th 2025 - 21:17 UTC

    Chinese Deputy PM holds meeting with Uruguayan President in Montevideo

    After the encounter between Orsi and Ding Xuexiang, an agreement was signed between the two countries

    Uruguayan President Yamandú Orsi held a meeting with a high-level Chinese delegation, led by Deputy Prime Minister Ding Xuexiang, at the Suárez residence this week to discuss international politics and global trade, resulting in the signing of several economic, technical, and commercial cooperation agreements.

  • Thursday, November 6th 2025 - 10:51 UTC

    Brazil's productive sectors uneasy with Selic kept at 15%

    Brazil's industry, commerce, and trade sectors criticized the measure

    Brazil's Central Bank's (BCB) Monetary Policy Committee (Copom) decided on Wednesday to maintain the basic Selic interest rate at 15% per annum, which drew long faces among the country's industry, commerce, and trade sectors.

  • Wednesday, November 5th 2025 - 15:02 UTC

    “Argentina Is on a Path to Economic Success”, Nouriel Roubini

    In 2006, Roubini warned that a housing bust would trigger a global banking crisis and deep recession within a few years. U.S. subprime collapse spread through the financial system

    While many commentators have criticized Argentine President Javier Milei's draconian approach to economic reform, the results of the October legislative election show that the Argentine people would prefer short-term economic pain over a return to Peronist policies. Milei now has a clear path to finish what he started. The piece was written by Nouriel Roubini, one of the very few economists who anticipated the 2008 world recession and has been identified as Dr. Doom because of his forecasts *

  • Wednesday, November 5th 2025 - 10:45 UTC

    Brazil's Lower House passes bill to tax streaming platforms

    Brazilian lawmakers agreed to tax streaming platforms such as Netflix and YouTube

    Brazil's Lower House passed on Tuesday a bill providing for the collection of taxes on streaming services submitted by the rapporteur, Congressman Doutor Luizinho (PP-RJ). Additional wording adjustments are expected to be made on Wednesday.