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MercoPress, en Español

Montevideo, January 30th 2026 - 00:24 UTC

Economy

  • Wednesday, April 11th 2018 - 08:42 UTC

    Brazilian stock exchange leads the world in growth in 2018

    A survey made by the Brazilian government portal shows that the Ibovespa saw the highest growth rates in the world in the first quarter of 2018.

    As Brazil continues to benefit from the return of growth and curbed interest rates and inflation, the São Paulo Stock Exchange has seen an unprecedented growth curve. In addition to achieving historical highs, the Brazilian stock market beat the performance of some of the largest stock exchanges in the planet. This means more people betting on Brazilian companies and the future of the country, according to a report from the Brazilian-American chamber of Commerce.

  • Tuesday, April 10th 2018 - 09:09 UTC

    Sharing cash for farmers, one of the biggest post Brexit challenge, say experts

    The UK received £3.4 billion in Common Agricultural Policy (CAP) payments in 2016, with England allocated significantly less per person than the other nations.

    Quitting the European Union means the UK will have to go back to the drawing board over devolution, constitutional experts have warned. Wrangles over sharing out cash for farmers will be one of the biggest challenges ministers face, according to the Institute for Government (IfG).

  • Tuesday, April 10th 2018 - 08:59 UTC

    Brexit: Financial services worried about UK economy prospects

    Research by Lloyds Bank found that executives in the sector believe growth in this country will be outpaced by all other nations in the G7 this year.

    Financial services firms are worried about prospects for the UK economy, with Brexit remaining the biggest risk, a study shows. Research by Lloyds Bank found that executives in the sector believe growth in this country will be outpaced by all other nations in the G7 this year.

  • Tuesday, April 10th 2018 - 08:38 UTC

    US budget deficit expected to balloon to US$ 1.5 trillion over the next decade

    The CBO said that the long-term U.S. debt, now more than US$ 21 trillion, could soar to more than US$ 33 trillion by 2028

    With the passage of deep tax cuts late last year, annual United States budget deficits are expected to balloon over the next decade, the nonpartisan Congressional Budget Office said on Monday.

  • 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.