Archives

Mercosur

Wed, 14 Jul 2021 09:00:00 GMT
Uruguay central bank leaves reference rate unchanged waiting for stronger recovery signals
The Uruguayan central bank is waiting for stronger signals of economic recovery before altering the current monetary policy, according to a release from the Monetary Policy Committee, Copom. In its third 2021 meeting, at the en...

Tue, 13 Jul 2021 09:44:00 GMT
Nine more cases of Delta variant detected in Argentina, all of them were travellers from abroad
Argentine authorities have confirmed the detection of nine more cases of the coronavirus Delta variant, the Health Ministry announced Monday through a statement.

Tue, 13 Jul 2021 09:00:00 GMT
Latam expected to grow 5,2% this year but 2,9% in 2022: structural problems remain, ECLAC report
The Economic Commission for Latin America and the Caribbean (ECLAC) raised its average growth estimate for the region in 2021 to 5.2%, reflecting a rebound from the deep contraction of 6.8% registered in 2020 as a consequence o...

Fri, 09 Jul 2021 09:55:00 GMT
Uruguay insists it has no intention of infringing Mercosur rules, just increasing trade opportunities
The Mercosur trade block, now under the chair of Brazil for the next six months, will be facing one of its most significant potential disruption challenges after the virtual summit with the presidents of the four founding membe...

Thu, 08 Jul 2021 09:58:00 GMT
Uruguay swears allegiance to Mercosur, but will negotiate independently with third countries
On the eve of Thursday's Mercosur summit, Uruguay informed its partners that it will proceed with negotiations, expecting to reach trade agreements with third parties or blocks, outside of the four founding members group.

Tue, 06 Jul 2021 09:56:00 GMT
Migrations Chief admits Argentine borders with neighboring countries may reopen soon, depending on vaccination rate
Argentina's Migrations Director Florencia Carignano Monday said reopening borders with neighbouring countries was under consideration for when vaccination has reached a larger number of people.

Tue, 06 Jul 2021 09:55:00 GMT
Uruguay's yearly inflation set at 7.33% after Monday's figures
Uruguay's yearly Consumer Price Index (CPI) was 7.33% as per data released Monday by the National Institute of Statistics (INE), slightly above the government's target.

Tue, 06 Jul 2021 09:08:00 GMT
Production of motor vehicles in Argentina shows signs of recovery
The production of motor vehicles in Argentina in June grew 14.5% compared to May's output for a total of 40,035 units, which made up for a 155.7% YoY increase against 2020 figures, it was reported Monday by the Association of A...

Thu, 01 Jul 2021 09:00:00 GMT
Brazilian industry and unions request suspension of Mercosur talks on reducing the Common External Tariff
The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives w...

Wed, 30 Jun 2021 09:09:00 GMT
Argentina's economy keeps falling, INDEC data shows
Economic activity in Argentina fell 1.2% monthly in April and accumulated three months of decline, according to data released Tuesday by the National Institute of Statistics and Census (INDEC).



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