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MercoPress, en Español

Montevideo, April 28th 2026 - 02:42 UTC

Economy

  • Monday, August 21st 2017 - 08:45 UTC

    Hard Brexit proposal to remove all trade tariffs and barriers sparks strong controversy

    A “hard” Brexit is “economically much superior to soft” argues Prof Patrick Minford, lead author of a report from Economists for Free Trade

    Removing all trade tariffs and barriers would help generate an annual £135bn uplift to the UK economy, according to a group of pro-Brexit economists. A “hard” Brexit is “economically much superior to soft” argues Prof Patrick Minford, lead author of a report from Economists for Free Trade, which insists that eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.

  • Sunday, August 20th 2017 - 13:14 UTC

    Batista family, Brazilian meatpacker JBS main shareholder face several civil lawsuits

    Brazil's BNDES, whose investment arm is JBS' No. 2 shareholder, said it would endorse a civil lawsuit against management and the billionaire Batista family

    JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world's No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a conference call to discuss second-quarter results, CEO Wesley Batista said JBS Foods International Inc could be listed by the end of next year, once parent JBS finalizes 6 billion Reais (US$1.9 billion) in asset sales to cut debt and restore investor confidence.

  • Sunday, August 20th 2017 - 13:09 UTC

    Argentina opens its market to US pork products

    ”The announcement is a big win for US pork producers and proves that President Trump is getting real results for America’s farmers and ranchers,” said Pence.

    Argentina has agreed to allow imports of U.S. pork products for the first time since 1992, the White House said in a statement on Thursday. “Today’s announcement is a big win for American pork producers and proves that President Trump is getting real results for America’s farmers and ranchers,” said Vice President Pence.

  • Sunday, August 20th 2017 - 13:02 UTC

    Guangdong province will host China-Latam business expo in November

    With a constructed area of 244,000 square meters, the park will host some 500 companies and 40.000 visitors in the three day event

    The first China-Latin America and Caribbean International Exposition will be held in Zhuhai city of South China's Guangdong province from Nov 9-11, according to Zhu Qingqiao, deputy mayor of Zhuhai city. With an exhibition area of 30,000 square meters, the three-day event is expected to attract around 400 to 500 companies from both sides and over 40,000 visitors.

  • Saturday, August 19th 2017 - 07:46 UTC

    Weaker sterling helps boost the number of visitors to UK, up 7% in June

    The big increase in visitors from North America, from 483,000 in June of 2016 to 650,000 this year, was “clearly buoyed by the sharp drop of the pound”

    The number of visitors to the UK rose to 3.5 million in June, up 7% from the same month last year, according to official figures. The number of visitors from North America shot up by 34%, and visitors overall spent £2.2bn, a rise of 2%, the UK Office of National Statistics, ONS, said.

  • Saturday, August 19th 2017 - 06:57 UTC

    Falklands' all health and social services sites Smoke Free as of February

    Someone who smokes 20 cigarettes a day can, in just one year, save enough money for two return flights to the UK if they stop smoking.

    The Falkland Islands announced that all Health & Social Services sites are to be Smoke Free from 1st February 2018. Following on from the ban on smoking in any Government property, the Health & Social Services Department are going one step further by banning cigars, cigarettes and any vaping devices from all Health & Social Services sites, starting from the 1st February 2018.

  • Saturday, August 19th 2017 - 06:42 UTC

    Lord Hague: Brexit, “the most complex task”, any government has faced since the WW2

    Lord Hague suggests continuing to have quite a liberal approach on migration, which is essential to the UK economy in the short-term

    Lord Hague has compared Brexit to taking control of a gun, saying it is possible to find a solution without using it to “shoot your foot off”. The former Conservative leader said he believes there is sufficient common ground among the different political parties to negotiate with the EU.

  • Saturday, August 19th 2017 - 06:32 UTC

    Number of students accepted at UK university drops: demographics, funding and Brexit

    The fall comes in the wake of a drop in applications at UK universities this autumn, fuelled by factors including a fall in the 18 and 19-year-old population

    The number of students accepted on to UK degree courses has fallen this year, early UCAS (Universities and Colleges Admissions Service) figures show. In total, 416,310 people have taken up places, down 2% compared with the same point last year.

  • Friday, August 18th 2017 - 21:10 UTC

    Brazilian economic activity (and optimism) picking up

    The central bank reduced the benchmark Selic interest rate to the lowest in four years as inflation plunged below the bottom end of its target range.

    Economic activity in Brazil expanded at a faster pace than expected in June, the latest in a batch of reports suggesting an economic recovery may be taking hold. Economic activity rose 0.50% from May after seasonal adjustments, the central bank said on Thursday.

  • Wednesday, August 16th 2017 - 10:29 UTC

    UK post-Brexit customs plan “is almost laughable” says Scottish First Minister Sturgeon

    Ms Sturgeon posted an initial reaction to the customs union plan on Twitter, saying: “Seems UK gov is back to its daft 'have cake and eat it' approach to Brexit”

    First Minister of Scotland Nicola Sturgeon has dismissed the UK government's plans for a post-Brexit customs deal with the EU as a “daft 'have cake and eat it' approach”. UK ministers have set out plans for an “ambitious new customs arrangement” with the EU after the UK leaves.