MercoPress, en Español

Montevideo, October 27th 2016 - 18:44 UTC


  • Saturday, October 8th 2016 - 09:59 UTC

    WTO confirms ruling in favor of Argentina in biodiesel imports dispute with EU

    Argentina, world's top producer of biodiesel, which it makes from soybean oil, in 2013 challenged before the world trade court tariffs imposed by EU

    The World Trade Organization confirmed on appeal on Thursday its ruling partially in favor of Argentina in its dispute with the European Union over duties the bloc imposes on imported biodiesel.

  • Friday, October 7th 2016 - 12:18 UTC

    Temer wins first Congressional battle with milestone bill to cap public spending

    Temer hopes the proposal, which would limit growth in spending to the rate of inflation for up to 20 years, will eventually clear the two Houses

    A Congressional committee in Brazil approved on Thursday a constitutional amendment that would limit public spending to the rate of inflation for 20 years, handing President Michel Temer an initial victory in his plan to plug a widening deficit, which if continued at the current rate could lead to fiscal collapse and public accounts insolvency, “a repeat of the Greek tragedy”.

  • Wednesday, October 5th 2016 - 19:02 UTC

    Temer´s major setback: 68% don't trust him and 39% rate his government “bad” or “terrible”

    In a personal setback to Temer, approval of the way he is governing has dropped to 28% from 31%. Disapproval has risen to 55% from 53%.

    President Michel Temer has not managed to convince Brazilians his government is better than that of his ousted predecessor Dilma Rousseff, and his popularity remains low, according to a poll on Tuesday. Pollster Ibope said the number of people who consider Temer's government “great” or “good” edged up to 14% from 13% in the previous survey in late June, which was conducted six weeks after he replaced Rousseff when her impeachment trial began.

  • Wednesday, October 5th 2016 - 12:02 UTC

    Brazil industrial production suffers major monthly drop during August

     Durable-goods output, which includes the auto sector, contracted 9.3% in August from July as a local Volkswagen AG plant halted production

    Brazil’s industrial output posted its biggest monthly drop in over four years in August, damping optimism about the country’s prospects for recovering from its worst recession in generations. Industrial production declined 3.8% in August from July in seasonally adjusted terms, the Brazilian Institute of Geography and Statistics, IBGE, said on Tuesday.

  • Wednesday, October 5th 2016 - 11:43 UTC

    Brazilians disenchantment with the political system: 17.5% abstention on Sunday's election

    “It's clear there is disenchantment with the political class as a whole,” Temer said adding the high abstention rate was a strong message to Brazilian politicians

    Brazilian President Michel Temer said on Monday the high abstention rate as well as the number of blank and spoiled ballots in local elections on the weekend signaled the disillusionment of Brazilians with their political system. Brazil's electoral authority, the TSE, said the abstention rate averaged 17.5% in Sunday's nationwide polls, up from 15.4% in the municipal elections in 2014.

  • Wednesday, October 5th 2016 - 06:33 UTC

    Malvinas has “an enormous emotional content” but “my duty is to advance dialogue in all issues”

    ”The intention of the government (of president Mauricio Macri) was to sit and discuss all issues, including Malvinas” despite furious criticisms from the opposition

    Foreign minister Susana Malcorra said that the Falklands/Malvinas issue has “an enormous emotional content”, but as her country's main diplomat her duty is to ensure a dialogue that can advance, in the best possible way, on all issues. The minister also described the Mercosur relation with Brazil as “inexorable”, which is beyond ideologies underlining the significance of Brazil's Michel Temer recent visit to Argentina.

  • Tuesday, October 4th 2016 - 11:55 UTC

    Macri and Temer reaffirm commitment to strengthen Mercosur

    The pair held an official meeting in Buenos Aires and later at a press conference remarked their two countries' stances vis-a-vis the present and future of Mercosur

    Argentine President Mauricio Macri and his Brazilian counterpart, Michel Temer, agreed on Monday on the need to strengthen Mercosur and to make its rules more “flexible” to ”give a certain autonomy to the (member) states in their international relations.”

  • Tuesday, October 4th 2016 - 06:29 UTC

    Lula's Workers Party support shrinks 60% in Sunday's municipal elections

    The Workers Party vote shrank nationally from 17.3 million votes in 2012’s local elections to just 6.8 million on Sunday, a drop of 60%.

    Brazil’s Workers Party suffered its worst-ever result at the polls as voters used Sunday’s local elections to punish it for a deep recession and a series of corruption scandals. After 13 years in power the party saw its vote collapse across Brazil in a dramatic confirmation that it is now fighting to retain a seat at the top table of Brazilian politics following the impeachment of president Dilma Rousseff in August and the decision last month to try party founder and former president Lula da Silva for corruption.

  • Monday, October 3rd 2016 - 08:36 UTC

    Brazilians voters punish corruption-involved parties; Lula's drops to tenth place in municipal rating

    In Sao Paulo PT mayor, Fernando Haddad, was ousted by Joao Doria, of the centrist PSDB, who obtained some 53% of the vote.

    Brazilians expressed their disenchantment and frustration on Sunday's municipal elections punishing parties involved in the major corruption schemes and political disputes as the country's economy has plunged into the worst economic recession almost a century including the loss of millions of jobs.

  • Monday, October 3rd 2016 - 07:40 UTC

    Temer visits Macri to address trade and making Mercosur more flexible and universal

    Although Macri and Temer have had some previous brief meetings, this will be the first formal bilateral meeting since the Brazilian president was confirmed.

    Argentine president Mauricio Macri will be receiving his Brazilian peer Michel Temer in Buenos Aires on Monday morning to address bilateral relations in several fields, mainly political, trade, Mercosur, and security and development in the long shared border areas. According to official sources Temer´s delegation arrives with foreign minister Jose Serra, Industry and trade minister Marcos Pereira and head of defense Raul Jungmann.