Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, August 5th 2025 - 10:31 UTC

Economy

  • Wednesday, July 5th 2017 - 02:29 UTC

    Tabaré Vázquez concerned about Mercosur's political volatility

    Vázquez said the EU agreement should top the agenda during Mercosur's next summit.

    Uruguayan President Tabaré Vázquez Tuesday said that there are many internal problems in the countries that make up Mercosur, but that he was also “confident” that the main achievement this year will be the free trade agreement with the European Union.

  • Wednesday, July 5th 2017 - 01:34 UTC

    Tobacco 2017 harvest a boost for Cuban economy

    A successful tobacco harvest, yet below early estimates.

    Cuba's economy is to receive a significant boost from one of its main industries, as tobacco leaf production reached 19,000 tonnes this year, the best harvest of the last decade, it was announced Tuesday in Havana. The figure represents success, but it is still far below the 30,000 tonnes from early estimates.

  • Wednesday, July 5th 2017 - 01:15 UTC

    Macri tries to calm down Argentines as US dollar goes up

    Macri also said that fluctuations in the exchange rate are part of the ”supply and demand flows.

    Argentine President Mauricio Macri Tuesday said Argentines should “not worry about the dollar,” as the US currency rose 13 cents, closing at AR$ 17.18. It will “benefit regional economies and job creation,” he added during a radio interview.

  • Tuesday, July 4th 2017 - 02:57 UTC

    Announcement in Madrid: EU-Mercosur deal likely by end of year

    “I firmly believe that we can reach a balanced and mutually beneficial agreement...,” Malmström said.

    European Union (EU) Trade Commissioner Cecilia Malmström said Monday in Madrid that the EU bloc “hopes to announce a political agreement for this Christmas in Buenos Aires” with Mercosur “even though technical aspects remain to be discussed.”

  • Monday, July 3rd 2017 - 03:51 UTC

    United Airlines joins list of companies to leave Venezuela

    The captain of United's last flight pulled a Venezuelan flag out of the cockpit window during pushback at Maiquetia airport as workers bid farewell to yet another company.

    United Airlines' last service to Venezuela flew back to the United States last Friday. United thus joins the seemingly endless list of foreign commercial airlines which have followed on the airtrails of Alitalia and left the country due to a state debt to companies that amounts to 3.8 billion dollars, according to airline industry sources.

  • Monday, July 3rd 2017 - 02:08 UTC

    Travel to Argentina up 10% says United Airlines country manager

    Poppe also explained that “the removal of the reciprocity entry tax, which was a barrier for the visitor,” was a decisive factor.

    Interest in Argentina from the United States pushed for an “unusual growth” of 10% in corporate and leisure travel between the two countries, according to United Airlines' Christoff Poppe. It also means more jobs.

  • Saturday, July 1st 2017 - 19:10 UTC

    H & M clothing chain announces Uruguay 2018 landing

    Uruguay will be the sixth market in Latin America for H & M

    The Swedish multinational brand H & M, known for its trendy clothing at affordable prices and which is present in 64 countries with a total of 4.300 stores, Friday announced on its website its plans to open stores in Uruguay and Ukraine by 2018.

  • Saturday, July 1st 2017 - 18:18 UTC

    Cuba, Australia pledge to strengthen economic cooperation

    Foreign Ministers Bruno Rodriguez Parrilla of Cuba and Julie Bishop of Australia at the signing of the new Memorandum on Friday in Havana

    Cuban Foreign Minister Bruno Rodriguez Parrilla and his Australian counterpart, Julie Bishop, Friday signed a memorandum of understanding whereby both countries will strenthen their economic ties.

  • Friday, June 30th 2017 - 03:22 UTC

    Falkland Islands: Tourists spending more shows survey

    Arrivals figures were almost identical to the previous season, with over 55,000 cruise visitors and just over 1,400 land based leisure tourists.

    Visitor expenditure in the Falklands increased from both land-based tourists and cruise passengers last season. With all the figures from Immigration now in, and the cruise and air surveys analysed, the Tourist Board has a good picture of how last season performed they told Penguin News.

  • Thursday, June 29th 2017 - 21:36 UTC

    Chile Day 2017 speech by Sir Alan Duncan

    Sir Alan Duncan speaking at Chile Day 2017

    Foreign Office Minister Sir Alan Duncan spoke of the strength of the UK-Chile relationship, our historical ties and common values. Chile Day's objective include strengthening ties between the City of London and representatives from Chilean capital markets