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MercoPress, en Español

Montevideo, November 22nd 2024 - 07:57 UTC

Tag: Trading

  • Tuesday, May 12th 2020 - 08:18 UTC

    Beijing disappointed with Australia: suspends meat imports from four abattoirs

    The suspension starts this Tuesday, according to a statement on a customs website. The four plants make up about 35% of Australian beef exports to China

    China has suspended meat imports from four Australian abattoirs, fuelling concerns that escalating tensions between the two nations are damaging Australia's most important trading relationship.

  • Wednesday, February 20th 2019 - 08:28 UTC

    Global trade growth forecasted to slow this year, says

    The WTO report registered “steep declines” in most indexes for export orders of air freight, auto production, electronic components and agricultural raw materials

    Global trade growth is on track to slide further the first quarter of 2019, the World Trade Organization said. WTO in September said it expects world merchandise trade growth will slow to 3.7% this year down from 3.9% in 2018.

  • Wednesday, December 26th 2018 - 08:55 UTC

    Petrobras plans to invest US$ 84bn mainly in pre-salt areas by 2023

    Around US$ 69bn of the planned investment will be channeled into the development of production in the pre-salt areas

    Petrobras has unveiled plans to invest US$ 84.1bn in deepwater exploration and production projects in Brazil, as well as raise $27bn through asset sales and partnerships by 2023. Around US$ 69bn of the planned investment will be channelled into the development of production in the pre-salt areas. Other key focus areas of investment include refining, transportation, trading, and natural gas and petrochemicals.

  • Thursday, September 27th 2018 - 09:19 UTC

    Argentine Peso with trading band and zero growth monetary supply policy

    Subject to IMF board approval, financing would no longer be discretionary, but would be readily available to the government for budget support, said Lagarde

    The International Monetary Fund Managing Director Christine Lagarde, speaking at a news conference in New York alongside Argentine Economy Minister Nicolas Dujovne, said IMF was “significantly frontloading” disbursements under the program adding the Argentine central bank had agreed as part of the deal to allow the peso currency to float freely and would only intervene in the foreign exchange market in extreme circumstances.