MercoPress https://en.mercopress.com/ South Atlantic News Agency en Copyright 2026, MercoPress. https://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Trump’s favorite president and Argentina’s Economic Chainsaw Massacre]]> Milei and his chainsaw-wielding policies have established himself as the darling of the far right. By Jeremy Adelman Argentine President Javier Milei may currently be a lynchpin in US President Donald Trump’s geo-economic vision for Latin America; but he could soon become its weak link. With elections coming next year, he has achieved an economic recovery and relative price stability by driving millions of his people into destitution.

]]> Sun, 25 Oct 2026 09:34:00 GMT <![CDATA[Next Wednesday, Chancellor Healey delivers the Budget statement, PM Burnham’s first]]> The previous Labour Chancellor, Rachel Reeves holding the famous red Budget box Each year UK’s Chancellor of the Exchequer makes the Budget statement to the House of Commons outlining the state of the economy and the Government's proposals for changes to taxation. The government of PM Andy Burnham has announced that the Budget will take place this week on Wednesday 28 October 2026 and delivered by Chancellor MP John Healey. The last Budget was delivered Wednesday, 26 November 2025.

]]> Sun, 25 Oct 2026 09:00:00 GMT <![CDATA[Eight in ten Argentines barely make it or fall short by the end of the month, survey finds]]> Some 79% of respondents have a credit card Some 45% of Argentines just about reach the end of the month and 34% fail to cover their expenses, according to a survey by consultancy Brain Network carried out in September, which describes a picture of financial stress, rising debt and little capacity to save. Among those who had trouble paying, 40% use their credit card to cover shortfalls.

]]> Sat, 24 Oct 2026 02:00:00 GMT <![CDATA[Lula ramps up public handouts in the final stretch of Brazil’s presidential campaign]]> The largest items are the Bolsa Família increase and subsidies for taxi drivers, ride-hailing drivers, truckers and transport operators to renew their vehicles Some 20 million Brazilian families begin receiving this week a 15% increase in the Bolsa Família social programme, the centrepiece of a broad package of aid, subsidies and tax cuts announced by President Luiz Inácio Lula da Silva in the final stretch of the campaign for Sunday’s runoff, in which he faces Senator Flávio Bolsonaro in a statistical tie.

]]> Wed, 21 Oct 2026 14:21:00 GMT <![CDATA[US fears Falklands-related sanctions could hit American companies]]> According to Clarín, Washington has put forward two options: freezing the bill, its preferred choice, or amending it so that US companies are excluded The US government has conveyed to Javier Milei’s administration its concern that the National Sovereignty Defence bill, which toughens sanctions against those involved in exploiting resources in the Falklands, could reach American companies, the Argentine newspaper Clarín reported, citing unnamed officials in Washington.

]]> Sun, 18 Oct 2026 21:56:00 GMT <![CDATA[Pressure mounts on Paraguay’s Central Bank over doubts about some lenders’ solvency]]> “We ask the Central Bank to report on the solvency of all entities that received facilities in merger processes. That way doubts will be cleared,” the association said The Association of Banks of Paraguay, which groups 14 private lenders, on Sunday asked the Central Bank of Paraguay to report on the solvency of institutions that received facilities in merger processes, days after senators from the ruling party and the opposition called on President Santiago Peña to remove the institution’s leadership.

]]> Sun, 18 Oct 2026 17:51:00 GMT <![CDATA[The Falklands dispute threatens Argentina’s bid to join the trans-Pacific trade pact]]> The possibility was raised in the House of Commons by Conservative MP Wendy Morton, who urged the government to prepare to oppose Argentina’s application if threats over the islands continue The escalating dispute between Argentina and the United Kingdom over the Sea Lion oil project north of the Falklands has spilled into trade: London, a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, has not ruled out using its position to stall Argentina’s bid to join the pact, which requires the consensus of all its members. The British government says Buenos Aires’s conduct raises “very serious questions about its reliability as a partner”.

]]> Fri, 16 Oct 2026 10:07:00 GMT <![CDATA[IMF trims Latin America’s outlook to 2.3% and sharply cuts Argentina’s]]> Globally, the Fund forecasts growth of 3.1% in 2026 and 3.4% in 2027, while global inflation would rise to 4.7% this year, driven by energy and food The International Monetary Fund has lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%, a tenth of a point less than in July, and sharply cut Argentina’s, from 3.5% to 2.1%. Chile and Uruguay are also among the region’s largest downward revisions, according to the World Economic Outlook presented on Monday in Bangkok, during the annual meetings of the Fund and the World Bank.

]]> Tue, 13 Oct 2026 06:19:00 GMT <![CDATA[Yields on key US Treasury bonds reached new highs, but for the 10-year demand was especially strong]]> US Treasury sold $39 billion of 10-year notes in an auction Wednesday and BMO said the sale was “strong”, with higher than average bidding from non-dealers. Yields on key US Treasury bonds touched fresh 24-year highs Wednesday as the latest global bond sell-off picked up steam. The 10-year Treasury yield rose as high as 5.36%, and the 30-year Treasury yield hit 5.73% — the highest for each since 2002.

]]> Mon, 12 Oct 2026 07:06:00 GMT <![CDATA[Trump says Russia will supply millions of tonnes of diesel as US eases sanctions on Moscow]]> ”Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST!” he wrote US President Donald Trump announced on Friday a deal with Russian President Vladimir Putin for Russia to supply some 4.8 million tonnes of diesel to US and global markets, aiming to curb rising fuel prices. To make it possible, the Treasury Department temporarily suspended sanctions on Russian diesel until April 2027.

]]> Fri, 09 Oct 2026 22:44:00 GMT