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[Investment banks warn the Venezuela deal will not bring down fuel prices]]> UBS argues that Venezuelan output will take years to recover and that the impact on prices will be limited in the short term Leading financial analysis firms have tempered the White House's forecasts on the Venezuelan oil agreement announced by Donald Trump on Friday, which grants a company part-owned by the US government control of seventeen fields holding some 65 billion barrels of reserves for a hundred years.

]]> Thu, 03 Sep 2026 08:41:00 GMT <![CDATA[A conciliatory chancellor calls to ‘refresh’ UK’s special relationship with the US]]> John Healey told The Times he is “100 per cent” committed to a target of increasing spending to 3% of GDP Chancellor of the Exchequer John Healey in an interview with The Times, tried to cool the strong exchange caused by British leaders’ reaction to White House statements on a possible review to US neutrality policy towards the Falkland Islands sovereignty, which could imply serious consequences.

]]> Wed, 02 Sep 2026 07:42:00 GMT <![CDATA[Uruguay's central bank marks five years without intervening in the currency market]]> Against that backdrop, banks will have to warn clients of the exchange rate risk attached to dollar accounts The Central Bank of Uruguay completed five years on Monday without intervening in the foreign exchange market. Its last operation was a purchase of 31.2 million dollars in 2021. Its president, Guillermo Tolosa, described the milestone as of "enormous" importance and said the country is going through a period of "absolutely free floating of the currency".

]]> Tue, 01 Sep 2026 09:49:00 GMT <![CDATA[UK-led Five Eyes action to disrupt global fraud networks]]> Home Secretary Shabana Mahmood said: “Fraud is a scourge on our society, ruining lives and costing victims billions of pounds every year.” US, Canada, Australia, and New Zealand back a package of UK-led measures to strengthen international action against fraud and online scams.

]]> Sat, 29 Aug 2026 15:12:00 GMT <![CDATA[The US waives beef tariffs for Brazil and Paraguay, but not for Argentina and Uruguay]]> For Brazil, the largest beef supplier to the US market, the measure removes for three months the out-of-quota duty of 26.4% it has paid since mid-January US President Donald Trump signed a proclamation on August 26 temporarily waiving tariffs on imports of up to 300,000 tonnes of lean beef trimmings, a measure that excludes countries already holding their own quotas in the US market, among them Argentina and Uruguay. The main beneficiaries will be Brazil and Paraguay.

]]> Fri, 28 Aug 2026 19:35:00 GMT <![CDATA[The Falklands close the second Loligo squid season three days after reopening it]]> The text describes the measure as precautionary and aimed at ensuring the long-term sustainability of the fishery The Falkland Islands Fisheries Department announced on Thursday the closure of the second Loligo squid season due to low biomass levels, just three days after fishing had resumed following a two-week pause.

]]> Thu, 27 Aug 2026 23:55:00 GMT <![CDATA[Specialist outlets estimate GTA VI absenteeism could cost the US a billion dollars]]> The game is being developed at Rockstar North, the company's Edinburgh base, where some 900 people work, though around 4,000 employees across all the group's studios have contributed to the project Video game and technology outlets estimate that the launch of Grand Theft Auto VI, scheduled for November 19, could cost the United States economy more than a billion dollars in lost productivity, due to the number of workers expected to skip work to play. The estimate has circulated within the sector's digital ecosystem since last year and does not come from a published study.

]]> Thu, 27 Aug 2026 21:32:00 GMT <![CDATA[PM Burnham on taxes, “I won't be unrealistic, and people need to understand that”]]> “I ran Greater Manchester for 10 years and we ran a very tight ship with rock solid finances,” Burnham said. Prime Minister Andy Burnham has suggested tax rises could be on the cards in the coming Autumn Budget, warning “I won’t be unrealistic” over the state of the public purse. The PM quickly pledged to give people “breathing space” and ease the cost of living after taking the keys to No.10 last month.

]]> Wed, 26 Aug 2026 08:25:00 GMT <![CDATA[Unemployment displaces inflation as Argentines' main concern]]> Fear of job loss extends into households: 64% said they were concerned a member of their family could lose their job in the coming months Unemployment has become the leading problem Argentines want the government to solve, well ahead of inflation, according to the economic expectations report by the polling firm Opina Argentina released over the weekend. Thirty-six percent of respondents placed it first, followed by corruption on 32%, while inflation fell to 11% and insecurity to 9%.

]]> Mon, 24 Aug 2026 07:44:00 GMT <![CDATA[Argentina votes this week on the reform barring the central bank from funding the Treasury]]> The bill also prohibits the purchase of national, provincial or municipal government bonds on the primary market, the mechanism through which the central bank has historically financed the Treasury Argentina's Chamber of Deputies will on Wednesday debate the reform of the central bank's charter promoted by Javier Milei's government, which bars the monetary authority from financing the fiscal deficit through money creation and restores preservation of the value of the currency as its sole objective.

]]> Sun, 23 Aug 2026 22:41:00 GMT