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News
US gross national debt passes 40 trillion dollars for the first time
6+ hour, 13+ min ago (276+ words) Montevideo, August 21st 2026 - 10:41 UTC The gross public debt of the United States reached 40.047 trillion dollars on Tuesday, according to data released by the Treasury Department. It is the first time the figure has crossed that threshold, and it has arrived earlier…...
FAO World Food Prices edged up in April, mainly cereals, vegetable oils and sugar — MercoPress
3+ day, 13+ hour ago (536+ words) FAO World Food Prices edged up in April, mainly cereals, vegetable oils and sugar MercoPress FAO World Food Prices edged up in April, mainly cereals, vegetable oils and sugar The benchmark measure of world food commodity prices edged up in…...
Argentina's central bank reform bill reaches the lower house: what would change
3+ week, 18+ hour ago (444+ words) Argentina's executive branch sent the bill to overhaul the central bank's charter to the Chamber of Deputies on Friday, a day after President Javier Milei outlined it in a nationwide broadcast. The measure will formally enter the parliamentary record on…...
IMF chief says Argentina is in “a strong position” despite missing its fiscal target
3+ week, 3+ day ago (510+ words) IMF chief says Argentina is in "a strong position" despite missing its fiscal target MercoPress IMF chief says Argentina is in “a strong position” despite missing its fiscal target International Monetary Fund Managing Director Kristalina Georgieva on Monday endorsed the…...
Goldman Sachs cuts Argentina's growth forecast to 2.7% and looks ahead to the elections
3+ week, 6+ day ago (171+ words) Montevideo, July 25th 2026 - 11:53 UTC Goldman Sachs lowered its growth forecast for Argentina's economy in 2026 from 3% to 2.7% and anticipated a possible contraction in activity during the second quarter, according to a report by the bank. The institution also said economic performance will…...
Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds
1+ mon, 2+ week ago (449+ words) MercoPress Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by recent…...
Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9
1+ mon, 3+ week ago (424+ words) MercoPress Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9 Argentina's Economy Ministry on Monday completed the placement of the Bonar 2028 (AO28), a dollar-denominated bond under local law, raising most of the funds needed to face a…...
Brazil softens Selic rate but concerns grow about fiscal stimulus on election year and impact of El Niño
2+ mon, 2+ day ago (473+ words) Montevideo, June 19th 2026 - 05:32 UTC Brazil’s central bank interest rate-setting committee, Copom, unanimously voted on Wednesday to lower its benchmark Selic rate by 25 basis points to 14.25%, a level last seen in May 2025, but acknowledging a tougher inflation outlook given the risks from…...
Uruguay enjoys 'positive discrimination' but must lift investment and productivity, BBVA says
2+ mon, 4+ day ago (445+ words) MercoPress Uruguay enjoys 'positive discrimination' but must lift investment and productivity, BBVA says Uruguay enjoys a “positive discrimination” relative to other economies for its institutional solidity, respect for agreements and political maturity, but its economic growth has been low over…...
Warsh to succeed Powell at the Fed with inflation at three-year high
3+ mon, 1+ week ago (564+ words) The US Senate on Wednesday confirmed economist Kevin Warsh as the 17th chair of the Federal Reserve in a 54-45 vote, in a transition that hands control of the world's most influential central bank to President Donald Trump's pick at a moment…...