Economy

Tuesday, September 16th 2025 - 10:50 UTC
Uruguay: Economy grows 2.1% in 2Q of 2025

Uruguay's economy grew by 2.1% in the second quarter of 2025 compared to the same period in 2024, according to a report released on Monday by the Central Bank (BCU), which also noted a 0.4% growth from the previous quarter.
Tuesday, September 16th 2025 - 09:55 UTC
Milei outlines Budget Bill in broadcast message: “The worst is over”

In a recorded broadcast message, Argentine President Javier Milei outlined the 2026 Budget Bill sent to Congress, asserting that “the worst is over” for the country's economy.
Monday, September 15th 2025 - 08:53 UTC
Trump entices foreign investors to bring skilled labor to US

US President Donald Trump has called on foreign companies investing in his country to bring on their skilled personnel to train American workers in the manufacturing of complex products.
Saturday, September 13th 2025 - 10:55 UTC
Mercosur-EFTA deal ready to be signed next week

The Southern Common Market (Mercosur) is to sign a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) next Tuesday in Rio de Janeiro, it was announced on Friday. EFTA groups Norway, Switzerland, Iceland, and Liechtenstein, which will now partner with Argentina, Brazil, Paraguay, Uruguay, and Bolivia.
Friday, September 12th 2025 - 10:40 UTC
Mercosur-UAE FTA 80% through

The Paraguayan Government of President Santiago Peña announced on Thursday that the ongoing negotiations with the United Arab Emirates to sign a Free Trade Agreement (FTA) with the Southern Common Market (Mercosur) were full steam ahead.
Thursday, September 11th 2025 - 09:44 UTC
Argentina: August's inflation stands at 1.9%

Argentina's National Institute of Statistics and Censuses (Indec) released its monthly report on Wednesday, showing that inflation in August stood at 1.9%, thus extending a trend of slowing price increases.
Wednesday, September 10th 2025 - 10:23 UTC
IMF supports Argentina despite electoral setback

The International Monetary Fund (IMF) publicly reaffirmed on Tuesday its support for the Argentine Government's economic program despite Sunday's electoral loss in the province of Buenos Aires. This move is seen as a crucial effort to calm markets that reacted with panic to the election results.
Monday, September 8th 2025 - 19:15 UTC
Argentina: Dollar jumps after Sunday's midterm elections in BA province

The results of Sunday's midterm elections in the Argentine province of Buenos Aires pushed the US dollar above the AR$1,400 cap, given the poor performance of President Javier Milei's La Libertad Avanza (LLA) and, with it, the resurrection of Peronism-Kirchnerism. In addition, Argentine stock abroad fell sharply, coupled with a spike in the country's risk rating.
Monday, September 8th 2025 - 14:51 UTC
Uruguay paid US$64 million after Luxembourg account seizure not disclosed by previous government

The Uruguayan state had its bank accounts in Luxembourg frozen for several months due to non-payment of an arbitration award over the closure of national airline Pluna. The situation, which affected 37 financial institutions, was uncovered by El País after accessing official documents through a freedom of information request.
Friday, September 5th 2025 - 10:52 UTC
Falkland Islands launch relocation platform to attract professionals amid major investment drive

The Falkland Islands Government (FIG) has launched ThinkFalklands.com, a new online platform designed to encourage professionals and families to relocate to the South Atlantic territory. The initiative highlights career opportunities, community life, and natural beauty while offering practical guidance on visas, jobs, and living conditions.