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MercoPress, en Español

Montevideo, April 6th 2025 - 03:37 UTC

Investments

  • Thursday, June 8th 2023 - 15:22 UTC

    France still has objections to the EU/ Mercosur trade agreement

    EU foreign affairs Joseph Borrell said EU and Latin American countries have ”a common history and shared values ... but this partnership has been taken for granted or even neglected

    Ahead of July's EU summit with Latin American and Caribbean leaders in July, the first since 2015, the European Commission has unveiled a trade-oriented strategy to renew ties with a region that has been somewhat sidelined by the bloc in a chaotic few years in global politics. Approving the trade agreement with Mercosur is one of EU's priorities but there is French conditioning.

  • Thursday, June 8th 2023 - 10:55 UTC

    Fitch upgrades Uruguay's rating

    Uruguay Economy Ministry Azucena Arbeleche

    Thanks to Uruguay's ”solid fiscal performance that allowed it to absorb the shock of the Covid-19 pandemic, added to the track record of compliance with the fiscal framework, which has improved its credibility, increased resilience to economic shocks and reduced the risk of a potential increase in the stock of public debt.

  • Wednesday, June 7th 2023 - 10:25 UTC

    Ambitious plan to integrate the port of Santos with the city

    APS President Anderson Pomini said the infrastructure works are in line with the guidelines set by the Ministry of Ports and Airports

    The Port Authority of Santos (APS) has defined ten goals, approved by its Board of Directors (Consad), to improve the existing infrastructure and enhance port-city relations. These objectives include several key projects such as the construction of the Santos-Guarujá tunnel, the revitalization of warehouses 1, 2, 3, and 7, the launching of a public tender for permanent dredging services in the access channel, the remodeling of Left Bank’s Perimeter Avenue in Guarujá, the STS 10 Terminal, and the Internal Railway of the Port of Santos.

  • Wednesday, June 7th 2023 - 10:16 UTC

    IMF fears labor market shock due to AI

    Gopinath found it “encouraging” that the G7 has formed a working group to study AI

    International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath Tuesday called for global rules to avoid the high social costs of massive job losses from the use of artificial intelligence, it was reported. “When it comes to AI, we need more than new rules,” she stressed.

  • Wednesday, June 7th 2023 - 10:07 UTC

    Banco Itaú working its way out of Argentina

    Itaú is in negotiations with Banco Macro for a buy-over

    Banco Itaú is planning to close its operations in Argentina and is already in negotiations with Banco Macro S.A. for a buy-over, it was reported in Buenos Aires Tuesday.

  • Tuesday, June 6th 2023 - 10:13 UTC

    Argentina's Antarctica bases join national health system

    Carlos Giovacchini highlighted the importance of the initiative

    Argentina's seven bases in Antarctica have joined the National Health Surveillance System (SNVS), a joint initiative between the Ministries of Health and Defense to improve the capacity for early detection and effective and timely response to public health risks, it was reported.

  • Tuesday, June 6th 2023 - 10:09 UTC

    Vehicle production grows in Argentina

    “The activity continues to grow in a challenging context,” Galdeano said

    Argentina's Association of Automotive Manufacturers (Adefa) announced Monday that output reached 53,282 units in May, (14.8% more than in the same month of 2022), while exports grew by over 13% in the same period.

  • Wednesday, May 31st 2023 - 18:28 UTC

    Falkland Islands Government publishes Budget for 2023/24

    Gov. Alison Blake CMG reviewed last year's challenges and highlights,

    On 31st May, the Governor of the Falkland Islands made her annual address, state of the Nation, to the Legislative Assembly. In her speech, Alison Blake CMG reviewed last year's challenges and highlights, set out the government's and public service priorities for the year ahead, and paid tribute to the economy.

  • Monday, May 29th 2023 - 20:40 UTC

    Additional funds to continue expanding the port of Ushuaia

    The port of Ushuaia under extension construction

    The port of Ushuaia will be receiving an additional 2,5 million dollars (in Argentine Pesos) to continue the expansion and updating of the terminal in the extreme southern province of Tierra del Fuego. The announcement followed a meeting of the provincial governor, recently re-elected Gustavo Melella, and Deputy Secretary Patricio Hogan, from the federal government Ports, Watercourse ways and Merchant Navy Office.

  • Monday, May 29th 2023 - 10:42 UTC

    First Chinese-built airliner enters aviation market

    Firefighters performed the traditional water arch in Beijing

    The COMAC C-919, China's first passenger aircraft, Sunday completed its first commercial flight marking its official entry into the civil aviation market, it was reported in Beijing, where authorities are confident it can compete with the Boeing 737 MAX and Airbus A320. China Eastern Airlines flight MU9191 landed “smoothly” at Beijing International Airport Shanghai's Hongqiao Airport with 130 passengers at 12:30 local time, after which firefighters performed the traditional water arch.