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MercoPress, en Español

Montevideo, December 16th 2025 - 10:59 UTC

Economy

  • Tuesday, November 4th 2025 - 10:16 UTC

    FT says Trump teams evaluating dollarization of Argentina's economy

    Trump remains committed to “maintaining the strength and power of the dollar,” as Beijing pushes for the use of other currencies

    Sources close to US President Donald Trump said the Republican administration was actively discussing a strategy to encourage several countries to adopt the greenback as their official currency, the Financial Times (FT) reported on Sunday. The move would seek to curb China’s growing influence and maintain the dollar's global dominance.

  • Tuesday, November 4th 2025 - 08:34 UTC

    Falklands, Lloyds Bank interested in operating in the Islands

    The Falklands Chamber of Commerce in its site reminds that Standard Chartered Bank enjoys a certain positive situation in the Falklands.

    The Falkland Islands Government has published a notice in the Penguin News saying that “there will be a public meeting held on Wednesday, 5th November 2025 at 5pm in the Court & Assembly Chamber.

  • Monday, November 3rd 2025 - 10:21 UTC

    The Guardian highlights the hardships Argentines go through under Milei

    “You’re either poor or rich,” The Guardian highlighted, quoting an interviewee. Photo: Luis Robayo/AFP

    Despite President Javier Milei's success in significantly lowering annual inflation from over 211% in 2023 to 32% by September 2025, a majority of Argentines are struggling as their purchasing power has collapsed under the administration's “chainsaw” austerity program, the London outlet The Guardian noted.

  • Saturday, November 1st 2025 - 10:28 UTC

    Brazil's job creation falters interannually

    High interest rates amid an economic slowdown have been singled out as the main cause for this retraction

    According to Brazil's General Registry of Employed and Unemployed Workers (Caged) under the Labor Ministry, 213,002 formal jobs were added in September after subtracting the number of layoffs from that of hirings.

  • Friday, October 31st 2025 - 21:14 UTC

    Paraguayan carrier announces new Uruguayan destination

    Paranair will cover the route with 50-seat CRJ-200 aircraft

    Paraguayan company Paranair is launching a new route linking Asunción (Paraguay), Montevideo, and Rivera (Uruguay), starting on December 1. The flight originates in Asunción, makes a stopover in Montevideo, and terminates in Rivera, making it the company's fourth destination in the country.

  • Thursday, October 30th 2025 - 11:38 UTC

    Fed lowers benchmark interest rate

    The Fed's decision was shadowed by the ongoing government shutdown

    Amid a softer labor market, the United States' Federal Reserve (Fed) voted Wednesday to cut its benchmark interest rate by 0.25 basis points, moving the target range to 3.75%–4%. This marks the lowest level in three years and continues the easing cycle dating back to last month.

  • Thursday, October 30th 2025 - 11:20 UTC

    Boric promotes Chile's partnership with South Korea

    Boric underscored Chile's robust institutions and shared values

    Chilean President Gabriel Boric Font urged his audience during a business seminar in the South Korean city of Busan to build a partnership in the ongoing trade war with circumstantially powerful countries.

  • Thursday, October 30th 2025 - 10:55 UTC

    Trump cuts down tariffs with China after meeting with Xi Jinping

    Trump will visit China in April, and Xi will reciprocate sometime after that

    US President Donald Trump announced a reduction in tariffs on Chinese goods following Wednesday's meeting in South Korea with his Chinese counterpart, Xi Jinping.

  • Wednesday, October 29th 2025 - 11:29 UTC

    Petrobras' output reaches 3.14 million barrels a day in 3Q of 2025

    FPSOs accounted largely for these new results

    Brazil’s state-run oil company Petrobras achieved an average production of oil, natural gas liquids, and natural gas of 3.14 million barrels of oil equivalent per day in the third quarter of 2025, or 7.6% more than in the second quarter of this year and 16.9% higher than in the third quarter of 2024.

  • Monday, October 27th 2025 - 10:55 UTC

    Lula and Trump make progress in Malaysian gathering

    Lula, who is turning 80 on Monday, stressed that “I have never felt so alive and so eager to live”

    Presidents Luiz Inácio Lula da Silva of Brazil and Donald Trump of the United States met this weekend in Kuala Lumpur, Malaysia, on the sidelines of the ASEAN summit. Both leaders agreed to lower economic tensions between their two countries. In addition, Lula volunteered to mediate with Venezuelan ruler Nicolás Maduro.