MercoPress, en Español

Montevideo, November 22nd 2017 - 03:48 UTC

Latin America

  • Friday, July 28th 2017 - 06:04 UTC

    World Hepatitis Day: 325 million affected; annual deaths exceed those linked to HIV

    “At best one in ten people who are living with hepatitis know they are infected and can access treatment. This is unacceptable,” said Dr Gottfried Hirnschall

    New World Health Organization, WHO, data from 28 countries - representing approximately 70% of the global hepatitis burden - indicate that efforts to eliminate hepatitis are gaining momentum. Published to coincide with World Hepatitis Day, the data reveal that nearly all 28 countries have established high-level national hepatitis elimination committees and more than half have allocated dedicated funding for hepatitis responses.

  • Friday, July 28th 2017 - 06:00 UTC

    Exxon puts Guyana on the world oil map with another major discovery

    The result increases the estimated recoverable resources in Guyana’s Stabroek Block formation to about 2.25 to 2.75 billion barrels

    Exxon Mobil said that it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total discovery to approximately 500 million barrels oil equivalent. The result increases the estimated recoverable resources in Guyana’s Stabroek Block formation to about 2.25 to 2.75 billion barrels. By way of comparison, the much-heralded Thunder Horse find in the Gulf of Mexico has reserves of about one billion barrels.

  • Wednesday, July 26th 2017 - 05:02 UTC

    Colombia's FARC will officially become a political party on September first

    “We made peace to participate in politics,” FARC chief negotiator Ivan Marquez said.

    Colombia's FARC rebels will officially transform into a political party on September 1, a major step in reintegrating the former guerillas into civilian life as part of a historic peace deal.

  • Monday, July 24th 2017 - 08:38 UTC

    Morales highlights Bolivian independence from the IMF and World Bank

    Bolivia is now in the process of becoming a member of Mercosur and Morales attended the group’s summit in Argentina last week.

    President Evo Morales has highlighted the total Bolivian independence from the International Monetary Fund (IMF) and the World Bank (WB), which have carried out “devastating economic policies for many years” in this South American nation.

  • Monday, July 24th 2017 - 07:07 UTC

    Mercosur and Colombia agree to a limited list of tariff-free products

     “We will no longer have to pay tariffs so our cars can enter the Colombian market. More industry and more jobs for Argentina,” Minister Francisco Cabrera said

    Mercosur inked a trade deal with Colombia last Friday to allow limited quantities of tariff-free trade in products including automobiles, textiles and agrochemicals, Argentina's and Colombia's governments said.

  • 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 - 08:39 UTC

    Venezuelan situation overshadows Mercosur presidential summit

    The family picture of Mercosur presidents and in the second row, representatives from associate and regional countries

    The members of Mercosur trade bloc called for an end to violence in Venezuela in a joint statement on Friday. However again opinions were divided: while Brazil and Argentina sponsored a more explicit warning to President Nicolas Maduro and his regime, Uruguay had it redrafted in a more conciliatory tone and Paraguay finally came out with a compromise option.

  • Friday, July 21st 2017 - 09:10 UTC

    OAS summit in Peru will address democratic governance and corruption

    Peru's delegate Ana Rosa Valdivieso, appreciated the support from OAS for the organization of the Summit and the relevance of the topic chosen by her country.

    The Organization of American States (OAS) and the Government of Peru signed the agreement on preparations for the Eighth Summit of the Americas, which will bring together all heads of state and government of the Hemisphere in April 2018, in Lima.

  • Thursday, July 20th 2017 - 21:19 UTC

    Ecuador steps down from OPEC's agreement to cut output: need of fiscal funds

    ”There’s a need for funds for the fiscal treasury, hence we’ve taken the decision to gradually increase output,” Perez said, according to Bloomberg.

    Ecuador will not honor the Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut oil output, Ecuador’s Oil Minister Carlos Perez said this week. The country, one of OPEC’s 14 member countries, is rethinking its commitment to drop oil production to 522,000 barrels a day.

  • Wednesday, July 19th 2017 - 15:16 UTC

    Mexico digesting major crude discoveries, delays offshore oil auctions

    July 12 marked perhaps the single most successful day for the Mexico oil industry since the government ended the Pemex monopoly in 2014.

    Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets. A new billion-barrel find announced last week “confirms that the Mexican side of the Gulf of Mexico is very prolific,” said Juan Carlos Zepeda, Mexico’s chief oil regulator in an interview.