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MercoPress, en Español

Montevideo, January 5th 2026 - 09:49 UTC

International

  • Sunday, July 23rd 2017 - 12:23 UTC

    Bank of America moves European operations to “natural location” Dublin

    In a statement, Moynihan called Dublin the “natural location” for consolidating the bank’s legal entities, noting Bank of America already has an Irish-domiciled bank.

    The Bank of America announced Friday that Dublin will be the new base for its European Union operations following Britain’s decision last year to split from the EU. Brian Moynihan, CEO of the Charlotte-based bank, made the announcement during a trip to the Irish capital city. It becomes the latest large U.S. bank in recent weeks to disclose plans for continuing to serve clients in EU countries following the so-called Brexit vote in 2016.

  • Sunday, July 23rd 2017 - 12:14 UTC

    Maersk closer of first gas in North Sea Culzean field; 60.000/90.000bpd expected

    The Maersk Highlander rig started drilling the first of six planned production wells on the high pressure, high temperature field in September.

    Maersk Oil said on Friday that it had reached another key milestone ahead of first gas from its flagship North Sea Culzean field. All three platform jackets for the £3.3billion project have now been put in place on time and on budget, the company said.

  • Saturday, July 22nd 2017 - 23:04 UTC

    NAFTA members agree negotiations round; Mexico insists on strict timetable

    Described by an official as a “very aggressive calendar,” the sources said the goal was to conclude the talks before the Mexican electoral campaign was in full swing.

    United States, Mexican and Canadian officials have agreed to an aggressive timetable to renegotiate the North American Free Trade Agreement (NAFTA), sources said, aiming to conclude early next year to avoid Mexico’s 2018 presidential elections.

  • Saturday, July 22nd 2017 - 22:17 UTC

    Growing significance of trade with Latin America for India

    In 2016-17, India exported more to Mexico (3.5 billion dollars) than to neighbors such as Thailand (US$ 3.1bn), Myanmar (1.7bn) and Iran (2.4bn)

    (*)By R. Viswanathan - For those who think that Latin America is too far and cost of freight is too high and therefore the region should be less important for India’s trade, here is the eye opener from the 2016-17 (April-March) statistics of the Commerce Ministry of India.

  • Saturday, July 22nd 2017 - 12:31 UTC

    Hammond reportedly told Goldman Sachs he favors a Brexit lengthy transition period

    Hammond said that the majority of senior ministers now agreed on the need for a transition period. Leading Brexiteer Michael Gove endorsed that view on Friday.

    Chancellor of the Exchequer Philip Hammond reportedly told the board of U.S. investment bank Goldman Sachs that he was pushing for a lengthy transition period after Britain leaves the European Union, a source familiar with the talks said. The source said Hammond made a presentation to the Goldman Sachs board on June 29 when CEO Lloyd Blankfein was in London for the annual board meeting.

  • Saturday, July 22nd 2017 - 11:31 UTC

    New Lib-Dem leader pledges “exit from Brexit” and calls to capture “gigantic space” in British politics

    Sir Vince said the Government’s approach to Brexit was taking Britain towards the “disastrous outcome” of crashing out of the European Union.

    Sir Vince Cable has become the new leader of the Liberal Democrats with a promise to offer voters the possibility of an “exit from Brexit” through a second referendum on EU membership. The former business secretary took up the role after nominations for the post closed without him facing any challengers, becoming, at 74, the oldest leader in the party’s history.

  • Saturday, July 22nd 2017 - 11:23 UTC

    Spanish concern with Brexit impacts on Gibraltar's neighboring towns

    Afonso Dastiz is expected to visit Campo de Gibraltar next September

    Spanish Minister for Foreign Affairs, Alfonso Dastis, will visit the Campo de Gibraltar in September to discuss the impact of Brexit on cross-border workers and the wider region. The forthcoming visit was announced late Thursday night following a meeting in Madrid between the minister and officials from the Campo.

  • Friday, July 21st 2017 - 12:13 UTC

    US travel ban dispute: Supreme Court rules partial win for Trump

    Justices blocked a lower court ruling that would have opened the way for potentially thousands of refugees to enter the country in the coming months.

    The United States Supreme Court dealt a blow to President Donald Trump's travel ban this week, rejecting his bid to bar entry by some people with family members already in the country. The three-sentence order by the Justices — who last month let president Trump start restricting entry by people from six mostly Muslim countries — means the government must accept people with grandparents, cousins and other relatives in the U.S.

  • Friday, July 21st 2017 - 09:33 UTC

    Cutting steel ceremony for Royal Navy's First Type 26: “HMS Glasgow”

    The last HMS Glasgow - a Type 42 Destroyer - was awarded the “Falkland Islands 1982” battle honor.

    The first of eight new Type 26 frigates being built for the Royal Navy has been named HMS Glasgow. The name was revealed by Defense Secretary Sir Michael Fallon as he cut the first steel on the ship at BAE System's Govan shipyard. The last HMS Glasgow, a Type 42 Destroyer, was awarded the “Falkland Islands 1982” battle honor. The new anti-submarine warfare frigates will be known as the City Class.

  • Friday, July 21st 2017 - 09:26 UTC

    Scotland and Wales dispute Tories £ 1bn for North Ireland's DUP

    Britain's Prime Minister, Theresa May, left, greets Arlene Foster, the leader of Northern Ireland's Democratic Unionist Party at Downing Street

    The Scottish and Welsh governments have begun a formal dispute with Westminster over the Tories’ £1 billion deal with the Democratic Unionist Party. The devolved administrations have invoked formal dispute resolution procedures over the coalition agreement of PM Theresa May's government, which includes £1 billion in new funding for Northern Ireland.