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MercoPress, en Español

Montevideo, August 2nd 2025 - 15:43 UTC

Economy

  • Tuesday, April 10th 2018 - 08:34 UTC

    China's Xi considers lowering import tariffs and duties

    Xi's address at the Boao Forum for Asia, (“Asian Davos”) — comes amid escalating trade tensions between China and the U.S.

    Chinese President Xi Jinping discussed plans to further open up the Chinese economy during a Tuesday address. Those measures included “significantly” lowering import tariffs for autos, decreasing duties on other products, enforcing the legal intellectual property of foreign firms and improving the investment environment for international companies.

  • Monday, April 9th 2018 - 08:22 UTC

    Deutsche Bank sacks Brit CEO amid continued losses

    Co-deputy chief executive Christian Sewing will take over the role with immediate effect.

    Deutsche Bank has dismissed its British-born chief executive John Cryan amid continued losses at Germany's biggest lender. Co-deputy chief executive Christian Sewing will take over the role with immediate effect. Since Mr. Cryan began the job in 2015, there have been a series of scandals as well as three years of reported losses.

  • Sunday, April 8th 2018 - 21:16 UTC

    What does the new Falklands ‘Islands Plan’ mean for South America?

    The Plan makes a specific reference to promoting the Falklands as the natural “gateway to Antarctica”,

    Over the past decade it is has become customary for a newly elected Legislative Assembly in the Falkland Islands to publish an ‘Islands Plan’. As there are no political parties in the Falkland Islands, all eight members of the Assembly are independents. Therefore there is no collective manifesto when elected to office. This has traditionally been addressed via a consensus-based Islands Plan.

  • Sunday, April 8th 2018 - 07:13 UTC

    Influential Commons Brexit committee in split vote, calls for UK to consider EEA and EFTA membership

    Labour chairman of the committee Hilary Benn admitted setting “a high bar”, but added they were based on pledges of the Prime Minister and the Brexit Secretary.

    The influential Commons Brexit committee has called on the UK Government to consider negotiating continued membership of the European Economic Area (EEA) or joining the European Free Trade Association (EFTA) after Brexit.

  • Sunday, April 8th 2018 - 06:40 UTC

    UK present at Latin America's Air and Space Fair held in Santiago

    Alexis Hammer, Regional Director for DIT DSO, leads the UK presence at Fidae supported by Air Vice Marshal Nigel Maddox the Senior Military Adviser

    The 20th Air and Space Fair (Fidae), the most important aviation event in Latin America, kicked off in Chile on Tuesday with a participation of more than 50 exhibitors and about 120 civil and military aircraft. FIDAE, a biennial international air show held in Santiago, Chile, is the largest aerospace and defense fair in Latin America. More than 120,000 attendees are expected to attend during the six days display.

  • Friday, April 6th 2018 - 08:12 UTC

    UK Export Finance support for Uruguay increased to £4 billion

    Sam Hoexter from UK Export Finance will give a presentation on export credits available for Uruguayan and British companies for up to £4 billion.

    The United Kingdom Export Finance (UKEF) support available for trade with Uruguay has been increased to up to £4 billion, meaning an additional £2.25 billion in support for UK companies exporting to Uruguay and for Uruguayan buyers of UK goods and services.

  • Thursday, April 5th 2018 - 07:53 UTC

    Falklands launches Plan outlining the Islands 2018/2022 growth and prosperity targets

    MLA Roger Edwards, Chair of the Legislative Assembly, said: “The Islands Plan is our shared vision for the future of the Falkland Islands over the next four years

    The Falkland Islands Government has published The Islands Plan 2018-2022, which sets out its ambitions for improving the prosperity, health and wealth of people across the Falklands over the next four years.

  • Tuesday, April 3rd 2018 - 18:56 UTC

    The Kirchners' most trusted official caught in the Odebrecht corruption web

    De Vido (next to a good friend) is suspected of illegally favoring Odebrecht with US$ 2.3bn contracts for the construction of liquefied natural gas projects

    An Argentine judge has charged ex president Cristina Fernandez de Kirchner former planning minister in a case involving Brazilian company Odebrecht. Argentina's official Judicial Information Center says that Julio De Vido was charged Tuesday with carrying out incompatible deals while in public office.

  • Tuesday, April 3rd 2018 - 17:31 UTC

    Falklands' lawmaker concern over capital program delivery

    MLA Roger Spink asked ”what steps we need to take to increase the capability of the Public Works Department to cope with the increased capital program.”

    Falkland Islands' Member of Legislative Assembly Roger Spink has expressed concern about the shortfall in achieving the objectives of the capital program for 17/18.

  • Tuesday, April 3rd 2018 - 08:43 UTC

    Brazil's unemployment stubbornly remains above 12%

    The unemployment rate in Brazil was at 12.2% in the quarter ended in January and at 12.0% in the last quarter of 2017.

    Despite official announcements that Brazil's recession was turning into a mild recovery, the unemployment rate rose to 12.6% in the quarter ended in February, reaching the highest level since mid-2017 and surpassing market expectations of a 12.5% rate, according to the national statistics office.