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MercoPress, en Español

Montevideo, October 23rd 2026 - 05:19 UTC

Economy

  • Tuesday, August 22nd 2017 - 21:59 UTC

    UK names expert to negotiate free trade deals in the post Brexit world

    Writing in The Daily Telegraph, Mr Falconer said: “History is littered with instances of the destructive political consequences of closed markets”

    The man charged with helping to negotiate Britain's free trade deals around the world post-Brexit has said the agreements can help improve global security. Crawford Falconer, who will work with International Trade Secretary Dr Liam Fox, said there was a “powerful political and security element to getting this right”.

  • Tuesday, August 22nd 2017 - 17:56 UTC

    UK sets out post Brexit papers; EU insists citizens rights, financial settlement and Ireland come first

    A position paper calls for goods already on the market to be allowed to remain on sale in the UK and EU without additional restrictions.

    The UK government has set out proposals to ensure trade in goods and services can continue on the day the UK leaves the EU in March 2019. A position paper calls for goods already on the market to be allowed to remain on sale in the UK and EU without additional restrictions. It also calls for consumer protections to remain in place.

  • Tuesday, August 22nd 2017 - 07:04 UTC

    Brexit: A paper on the role of the European Court of Justice expected this week

    The “future partnership paper on civil judicial cooperation” follows publications on the customs union, the Irish border and the trading of goods after Brexit. (Pic Getty Imagen)

    In the latest in a series of papers setting out its Brexit negotiating plans, the government will say disputes need to be resolved “in a clear and sensible way”, saying it is determined to agree new arrangements. This will be crucial for both UK and EU citizens and businesses that buy and sell across borders, it says.

  • Tuesday, August 22nd 2017 - 06:23 UTC

    Chinese automaker “deeply interested” in buying Jeep from Fiat Chrysler

    A deal for Jeep would leave the future of several other Fiat Chrysler brands in limbo.

    A Chinese automaker is “deeply interested” in buying Jeep, an iconic American brand, from Fiat Chrysler Automobiles in a move that likely would face political opposition in the U.S. and create angst among workers. Great Wall Motor told trade publication Automotive News it also has “indirectly expressed interest” in acquiring the brand known for its rugged, off-road vehicles.

  • Monday, August 21st 2017 - 10:42 UTC

    Warnings about Northern Ireland peace funding and Brexit negotiations

    Lord Hain said the government should reconsider its “dogmatic insistence” on removing the UK from the ECJ.

    Lord Peter Hain has called on the government to “soften” its approach to ”taking the UK out of the jurisdiction of the European Court of Justice (ECJ).” The former secretary of state claimed that such a move could result in Northern Ireland losing millions of pounds of peace funding. The ECJ oversees reconciliation grants to North Ireland in the region of £240 million.

  • 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.