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MercoPress, en Español

Montevideo, February 5th 2026 - 04:39 UTC

Economy

  • 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.

  • Friday, January 9th 2026 - 20:33 UTC

    EU-Mercosur deal to be signed in Asunción on Jan. 17

    Mercosur Presidents do not need to attend the signing, but they will most likely be there, Lubetkin foresaw

    The Free Trade Agreement (FTA) between the Southern Common Market (Mercosur) and the European Union (EU) will be signed in Paraguay on Saturday, Jan. 17, Argentine Foreign Minister Pablo Quirno confirmed on Friday, following the decisive round of voting in Brussels, where France and its allies failed to reach the minimum number to topple the initiative.

  • Friday, January 9th 2026 - 20:12 UTC

    EU gives nod to Mercosur FTA despite fragmented France's rejection

    Von der Leyen will sign the treaty in Asunción on Monday

    A qualified majority of European Union (EU) member states voted Friday to approve the landmark Free Trade Agreement with the Southern Common Market (Mercosur). The decision marks a historic geopolitical shift, positioning the EU to counter rising US tariffs and Chinese competition, even as it ignites a firestorm of domestic unrest in France.

  • Friday, January 9th 2026 - 10:55 UTC

    It is all-or-nothing for EU-Mercosur FTA in Brussels

    If Italy votes “yes,” France will fail to reach the 35% needed o halt the initiative

    The feasibility of the long-awaited Free Trade Agreement (FTA) between the Southern Common (Market) and the European Union (EU) seems to be just hours away from its all-or-nothing hour, as France, Poland, Hungary, and Ireland have confirmed they would vote against it.

  • Thursday, January 8th 2026 - 10:55 UTC

    Venezuela's new oil revenues to be spent solely on US goods

    Washington wants to become Caracas' new main trading partner in lieu of Moscow, Beijing, or Tehran, Trump explained

    President Donald Trump on Wednesday announced that the proceeds from his country's future oil purchases from Venezuela under caretaker President Delcy Rodríguez will be spent entirely on US-made products, making Washington Caracas' new main trading partner instead of Moscow, Beijing, or Tehran.

  • Tuesday, January 6th 2026 - 09:06 UTC

    Uruguay records lowest yearly inflation in over two decades

    BCU President Guillermo Tolosa signaled that the bank may enter an “expansionary phase” in 2026

    Uruguay's inflation last year fell below the Central Bank’s (BCU) official target of 4.5%, hitting 3.65% after December's -0.09%, making President Yamandú Orsi's first annual National Institute of Statistics (INE) report a historic one with figures not recorded since 2001.

  • Monday, January 5th 2026 - 04:00 UTC

    Telecommunications: The One Constraint Touching Every Falklands Business

    Fully 44% of respondents identified telecommunications bandwidth as a barrier to growth

    By OpenFalklands

    On December 19th 2025, the Falkland Islands Development Corporation (FIDC) published its 2025 Business Climate Survey with the statement:

  • Saturday, January 3rd 2026 - 08:50 UTC

    Paraguayan group buys over major Uruguayan retail business

    Business experts project Grupo Vierci to drive accelerated e-commerce growth

    Paraguay's Grupo Vierci has signed a binding agreement to acquire 100% of GDN Uruguay's shares, encompassing key retail brands including Supermercados TaTa, Farmacia San Roque, BAS apparel, MultiAhorro Hogar home goods, and wholesale chain Frontoy.

  • Saturday, January 3rd 2026 - 08:48 UTC

    Argentina shifts exchange rate policy

    Argentines may now pay streaming services at the official exchange rate, but will still be charged 30% extra for travel expenses

    The Argentine exchange market entered a new era on Friday, following the partial removal of credit card surcharges on expenditures in foreign currency. Additionally, the parity with the local peso now hinges on an inflation-linked floating scheme.

  • Wednesday, December 31st 2025 - 10:47 UTC

    Paraguayan President highlights economic growth and 3.1% inflation

    Peña acknowledged his country faced “tensions” inherent to a developing economy

    The Central Bank of Paraguay (BCP) announced on Tuesday that the country has concluded 2025 with an annual inflation rate of 3.1%, successfully meeting its target range and demonstrating a trend of continued macroeconomic stability.