Mercosur

• Wednesday, April 12th 2023 - 11:06 UTC

  Another consequence of historic Argentine drought: it could lose its position as world's main soy meal exporter

  

  Argentina could soon face the consequences of the historic drought ravaging its agricultural and industrial processing potential. This means the country may soon cease to be the world’s largest exporter of soy-meal, since domestic oilseed production, because of the historic drought is likely to reduced by 36% year-on-year to just 27 million tons in the 2022/23 cycle, said the Rosario Stock Exchange (BCR).

• Monday, April 10th 2023 - 10:59 UTC

  Mercosur, Canada to resume trade deal talks

  

  Negotiations for an agreement between Mercosur and Canada to eliminate tariffs on industrial and agricultural goods, services, intellectual property, and government purchases are to resume after more than three years, CNN Brazil reported. The initiative had been halted by the Covid-19 pandemic.

• Saturday, April 8th 2023 - 10:11 UTC

  Uruguay's Health Minister worried about travelers bringing home dengue

  

  Uruguayan health authorities have issued a series of recommendations to nationals of the South American country traveling abroad, particularly to Argentina, for the Easter Weekend due to a surge in the number of dengue cases detected in the neighboring nation. Health Minister Karina Rando stressed that those returning from that country and from Brazil should be attentive to possible symptoms for 10 or 12 days.

• Friday, March 31st 2023 - 16:04 UTC

  Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: see details

  

  The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.

• Friday, March 31st 2023 - 09:00 UTC

  Von der Leyen says Mercosur deal a priority but Argentina warns “not so fast”

  

  European Commission President Ursula von der Leyen said the agreement with Mercosur was a priority, but Argentina's government has second thoughts about the advantages it would actually entail, it was reported Thursday.

• Thursday, March 30th 2023 - 16:24 UTC

  France denies blocking EU-Mercosur agreement but reiterates demands

  

  France denies blocking the EU-Mercosur agreement, which it vetoed since it was signed in 2019. However, it reiterates its demands to correct it and says it is waiting for the outcome of the negotiations being conducted by the European Commission with its South American partners.

• Wednesday, March 29th 2023 - 10:46 UTC

  Boom year for Brazilian farmers with record soybean crop and drought punishing Argentine production

  

  Brazil’s soybean output and exports in 2023 will be higher than expected, Brazilian oilseed lobby Abiove announced this week, as local farmers harvest a bumper crop. Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.

• Sunday, March 26th 2023 - 14:55 UTC

  Fernández thanks Ibero-American Summit support on Malvinas

  

  Argentine President Alberto Fernández Saturday thanked att attendees at the XXVIII Ibero-American Summit for their unanimous support in a joint declaration urging the United Kingdom to resume talks regarding the Falklands/Malvinas Islands issue.

• Friday, March 24th 2023 - 10:46 UTC

  IMF explores possible political scenarios with Uruguayan presidential candidates

  

  The annual monitoring mission of the International Monetary Fund (IMF) recently concluded its nearly two-week visit to Montevideo, providing a positive assessment of Uruguay's economy and the government's reform efforts. However, the mission also gauged the pulse of Uruguay's political landscape ahead of the 2024 elections, weekly newspaper Búsqueda informed.

• Wednesday, March 22nd 2023 - 10:55 UTC

  Uruguayan Supreme Court gives thumbs down to Pepín

  

  Uruguay's Supreme Court Tuesday voted against granting refugee status to former Macrist lobbyist Fabián “Pepín” Rodríguez Simón, who is staying in Montevideo to avoid an arrest warrant from Buenos Aires claiming political persecution and parliamentary immunity as a member of Parlasur.