MercoPress, en Español

Montevideo, May 28th 2017 - 20:17 UTC

Latin America

  • Friday, May 12th 2017 - 08:49 UTC

    Gibraltar's Attorney General appointed to FIFA's Ethics Committee

    ”It is sweet irony for all of Gibraltar that Michael (Llamas) now represents Europe (UEFA) on this important and prestigious FIFA Ethics Committee” said Picardo

    The Government of Gibraltar has warmly congratulated Michael Llamas QC upon his appointment as Europe's representative in the highly prestigious and important Ethics Committee of FIFA. Llamas joins other highly distinguished lawyers and judges who will form part of the Ethics Committee. These include a former President of the Court of Justice of the European Union.

  • Monday, May 8th 2017 - 21:57 UTC

    Brazilian economy expected to begin takeoff in the first quarter

    Meirelles said the reform of Brazil's costly social security system, the main cause of a gaping budget deficit, is crucial to restore growth and create jobs

    Brazil's economy will post growth of between 0.7% and 0.8% in the first quarter, turning the corner on a two-year recession, Finance Minister Henrique Meirelles said this week. In an interview with GloboNews cable channel, Meirelles said Brazilian companies will have to start to restock inventories and draw up investment plans.

  • Thursday, May 4th 2017 - 13:01 UTC

    EU and US agree to Maersk Line acquiring Germany's Hamburg Sud, expert in South America

    Maersk estimates that combined the two companies will be able to realize annual operational savings of US$ 350/400 million during the first two years

    Container shipping company Maersk Line will pay EUR 3.7 billion for its acquisition of smaller German rival Hamburg Sud, including all subsidiaries and associated shipping companies. The boards of Maersk Line and the Oetker Group, owner of Hamburg Sud, approved the proposed deal, which has been given the green light by the European Commission and the US Department of Justice.

  • Tuesday, May 2nd 2017 - 06:30 UTC

    End of an era in Cuba? Last of a May Day celebration without a Castro brother

     May 1 rally brings hundreds of thousands of Cubans to Havana's Revolution Square in a sea of red, white and blue flags and portraits of Fidel Castro.

    The Cuban government's traditional May Day parade Monday is the last to be overseen by President Raul Castro, and the first without his late brother and revolutionary predecessor Fidel.

  • Thursday, April 27th 2017 - 09:32 UTC

    Venezuela quitting OAS; death toll of demonstrations climbs to 33

    Foreign Minister Delcy Rodriguez announced the decision to withdraw from the OAS after a brief but contentious meeting at the group's Washington headquarters

    Following through on its threat, Venezuela's government announced on Wednesday it is quitting the Organization of American States, accusing the regional body of meddling in its internal affairs over weeks of political unrest. The step was taken just hours after violent clashes in Caracas between security forces and protesters during yet another march against the socialist government of President Nicolas Maduro.

  • Tuesday, April 25th 2017 - 19:16 UTC

    UN forecasts South American countries average economic expansion at 0.6%

    South American economies concentrated in primary goods – especially oil, minerals and food, will average 0.6% growth, down from 0.9% projected last December

    The Economic Commission for Latin America and the Caribbean (ECLAC) updated growth projections for economic activity in the region in 2017 and forecasts a 1.1% average expansion for this year, the United Nations body stated on Monday in a press release. This projection is slightly below the 1.3% that was estimated in December 2016.

  • Monday, April 24th 2017 - 14:36 UTC

    Trump receives Argentine president Macri at the White House on Thursday

    Bilateral relations are going through a good moment, last year Obama visited Argentina and now with only three months in office Trump is receiving Macri

    Argentine and United States presidents Mauricio Macri and Donald Trump will be addressing bilateral trade, the Venezuelan situation, combating drugs and declassification of documents from the last dictatorship when they meet next Thursday at the While House, according to Chargé d'Affaires Thomas Cooney currently running the US embassy in Buenos Aires.

  • Wednesday, April 19th 2017 - 21:12 UTC

    World Bank praise for Latam countries pursuing counter-cyclical fiscal policies

    Carlos Vegh, WB Chief Economist for Latin America and the Caribbean explains the trap of fiscal pro cyclicality, leading to higher public debt and fiscal deficits

    In a positive development, today more than ever before, Latin American and Caribbean countries are pursuing counter-cyclical fiscal policies - spending more in bad times and saving in good times, according to a new World Bank semiannual report for the region.

  • Monday, April 10th 2017 - 08:12 UTC

    Trump will host Argentina's Macri at the White House on April 27

    The agenda is expected to include Argentine-United States bilateral relations, trade, Mercosur-US relations and most certainly the Venezuelan situation.

    Argentine president Mauricio Macri confirmed that a date has been officially established for his meeting with Donald Trump at the White House, April 27. The date was revealed by the president Macri during an interview with Bloomberg.

  • Friday, April 7th 2017 - 12:28 UTC

    Norwegian Sky planning 33 roundtrips to Cuba from Miami in 2018

    These new cruises will begin on March 26, 2018 and are in addition to the previously announced 30 calls that Norwegian will offer through December 2017.

    Norwegian Sky will sail 33 roundtrip cruises from Miami to Cuba in 2018, with 32 voyages featuring an overnight call in the capital city of Havana as well as a call on Great Stirrup Cay, Norwegian’s private island in the Bahamas.