Mercosur

Thursday, November 26th 2020 - 09:30 UTC
Fitch Ratings more optimistic about Latin America's “improving economic” environment

Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.
Wednesday, November 25th 2020 - 09:50 UTC
Mercosur/EU trade deal: “time is pressing,” cautions Uruguay

Uruguayan foreign minister Francisco Bustillo leaves this week for Spain the first of a round of European countries ahead of the coming Mercosur summit to be held next month, under the presidency of Uruguay. Finalizing the Mercosur/European Union trade agreement is the focus of the trip.
Wednesday, November 25th 2020 - 09:30 UTC
China competes in the dredging of Paraguay/Parana Waterway which handles 90 million tons of grains

A Chinese company entered the competition to manage a section of the Paraguay-Paraná Waterway, joining four European companies seeking to win the concession to deepen the draft and provide maintenance on approximately 1,238 kilometers of the river course beginning in 2021.
Friday, November 20th 2020 - 09:55 UTC
Argentine president visits his Uruguayan peer for barbecue and a “relaxed meeting”

The Argentine president Alberto Fernández made a surprise visit to Uruguay on Thursday to meet his peer Luis Lacalle Pou, with whom they shared a barbecue and according to both leaders addressed bilateral and regional affairs with special emphasis on trade prospects such as the Mercosur/EU trade agreement.
Saturday, November 14th 2020 - 07:30 UTC
Brazil record rice exports and imports during October

Data from SECEX (foreign trade secretariat) compiled by ABIARROZ (Brazilian rice industry association) shows that Brazilian rice exports (husk base) totalled 153,500 tons in October, a volume 84% higher than in the same month of 2019 (83,570 tons).
Tuesday, November 10th 2020 - 11:44 UTC
Brazil allows import of genetically modified soy and corn from United States

Brazil has issued a protocol instruction legally authorizing imports of genetically modified (GM) soy and corn from the United States at a time when Brazil is dealing with low stocks and record prices for these products.
Wednesday, November 4th 2020 - 08:50 UTC
US soybeans being loaded in Louisiana for Brazil

A U.S. grain export terminal near Baton Rouge, Louisiana, is loading about 38,000 tons of U.S. soybeans on a bulk cargo vessel for shipment to Brazil, according to Southport Agencies shipping lineup.
Monday, October 26th 2020 - 09:50 UTC
Drought and wildfires devastating South America's wetlands and forests

Experts say the wildfires in a region that spans Argentina, Brazil, Bolivia, and Paraguay – especially the region between the Paraguay, Parana, and Uruguay rivers – have become critical in 2020.
Monday, October 26th 2020 - 09:40 UTC
Uruguay will not host tourists this summer season; borders will remain “technically closed”

“Dear brothers from Argentina, Brazil, Chile, Paraguay, the rest of the region and the world, this summer we will not be able to host you as we do every summer. I want you to know that it is a very painful decision, because as Uruguayans and hosts we love to receive you and there is nothing we would love most than to share the summer season with you”, is the video message from Uruguay's Tourist minister German Cardoso to the potential visitors.
Wednesday, October 14th 2020 - 09:27 UTC
Argentine economy to fall 11.8% in 2020 and rebound 4.9% in 2021, according to IMF

The International Monetary Fund (IMF) forecasts that the Argentine economy will fall by 11.8% this year, and rebound by 4.9% in 2021, the credit agency announced. This was stated in the Economic Outlook Report (WEO) called “A long and difficult road uphill”, where as a result of the pandemic it estimated a fall in world GDP of 4.4% and a recovery of 5.2% by 2021.