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MercoPress, en Español

Montevideo, May 4th 2024 - 23:01 UTC

International

  • Wednesday, June 29th 2016 - 05:04 UTC

    Brazil inflation should reach Central bank target by second half of 2018

    The second quarter of 2018 should see Brazil finally make the cut, with inflation of 4.2%, the bank said.

    Brazil's inflation will again miss the government target next year, but will be getting much closer at 4.7%, the Central Bank said on Tuesday. For this year, inflation is forecast at 6.9%, well off the 4.5% target. However, even that represents relief for Latin America's largest economy, but sickly economy where annual inflation hit 9.32% in May.

  • Wednesday, June 29th 2016 - 04:57 UTC

    Investors suing Petrobras argue top executives knew of the massive bribery scheme

    Prosecutors claim over US$2 billion of bribes were paid over a decade to Petrobras executives by construction and engineering companies to win lucrative contracts.

    Investors suing Petrobras to recoup billions of dollars in losses argued on Tuesday that the arrests and plea deals of top company executives prove that it knew of a massive bribery and political kickback scheme. Lawyers for the investors asked U.S. District Judge Jed Rakoff in Manhattan to rule, ahead of a trial set for Sept. 19, on claims that the company violated U.S. securities laws, according to a court filing.

  • Tuesday, June 28th 2016 - 08:32 UTC

    Cameron attends his last European Council summit: next PM will negotiate Brexit

    The next PM should be allowed to “negotiate a deal” with the EU that the public can have a say on through a second referendum or general election, said Cameron

    UK Prime Minister David Cameron is to face leaders of other EU states for the first time since the referendum vote for Brexit, as he travels on Tuesday to Brussels for what is likely to be his last European Council summit as prime minister. He is expected to use the potentially awkward meeting to urge the other 27 leaders and EU institutions to take a “constructive” approach to negotiations over a new relationship with the UK.

  • Tuesday, June 28th 2016 - 06:19 UTC

    Brexit has damaged UK's ability to protect Gibraltar, admits Hammond

    “We will be less able to protect Gibraltar’s interests, not to defend territory, we can do that, but to protect Gibraltar’s interests if we are not in the European Union”

    Britain’s ability to protect the interests of Gibraltar has been damaged by the EU referendum result, UK Foreign Secretary Philip Hammond on Monday. In an interview with ITV’s Robert Peston, Mr Hammond repeated a stark warning he first voiced when he visited Gibraltar ahead of the referendum campaign.

  • Tuesday, June 28th 2016 - 06:16 UTC

    Gibraltar talking with Scotland about how to remain in the European Union

    “I can imagine a situation where some parts of what is today the member state United Kingdom are stripped out and others remain,” Picardo told Newsnight.

    Gibraltar is in talks with Scotland about a plan to keep parts of the UK in the EU, according to BBC Newsnight. Fabian Picardo, the territory's chief minister, told the BBC he was speaking to Scotland's First Minister, Nicola Sturgeon, about various options. One possibility under discussion is for Gibraltar and Scotland, which both voted to remain in the EU, to maintain the UK's membership of the bloc.

  • Tuesday, June 28th 2016 - 06:13 UTC

    Suspended sentence for campaigner who unfurled a Spanish flag in Gibraltar

    He was one of a group of Spanish members of the right-wing VOX party who entered as part of a campaign in the run-up to Sunday’s general election in Spain.

    The right-wing campaigner who helped unfurl a giant Spanish flag on the Upper Rock of Gibraltar has been released from custody after being handed a suspended sentence. Juan Ignacio Mínguez Martinez, 53, from Madrid, had admitted participating in the ‘politically motivated’ stunt and pleaded guilty last Wednesday to a charge of conduct likely to cause a breach of the peace.

  • Monday, June 27th 2016 - 10:06 UTC

    UK ready to face the future from a position of strength, says Chancellor Osborne

    “I said we had to fix the roof so we were prepared for whatever the future held and thank goodness we did,” Osborne said.

    Chancellor of the Exchequer George Osborne has said the UK is ready to face the future “from a position of strength” and indicated there will be no immediate emergency Budget. However he admitted there would still need to be an “adjustment” in the UK economy, and it was “perfectly sensible to wait for a new prime minister” before taking any such action.

  • Monday, June 27th 2016 - 08:07 UTC

    Berlin and Paris in “full agreement”; Merkel aide says politicians in London should take time to reconsider Brexit

    Merkel and Hollande will hold talks later in Berlin amid a flurry of diplomatic activity in the wake of so-called “Brexit”.

    German Chancellor Angela Merkel and French President Francois Hollande said on Sunday they are in “full agreement” on how to handle the fallout from the UK's decision to leave the European Union. Hollande warned that “separated, we run the risk of divisions, dissension and quarrels”.

  • Monday, June 27th 2016 - 06:38 UTC

    UK Labour party in disarray: fears or a party divide and great losses in the event of a snap election

    Corbyn said he regretted those resignations and would reveal a reshaped cabinet on Monday. Labour MPs are due to discuss a no confidence motion against Corbyn.

    United Kingdom Labour leader Jeremy Corbyn has said he will stand in any new leadership election following the resignations of a string of shadow cabinet colleagues. Shadow Commons leader Chris Bryant was the latest person to resign in protest at Corbyn's leadership over the EU referendum - and more are expected.

  • Monday, June 27th 2016 - 06:27 UTC

    Rajoy wins Sunday elections, but Spain remains blocked; coalition talks begin Monday

    Rajoy’s Popular Party won 137 of 350 parliamentary seats, up from 123 seats in the December elections. Socialists captured 85 seats, five fewer than in December.

    The conservative Popular Party of Mariano Rajoy, Spain's caretaker prime minister, won the most votes in Spain’s repeat national elections on Sunday, while the Socialists held off a challenge from the Podemos Party to remain the largest left-wing formation. The fragmented result, however, did not settle who will form the country’s next government.