MercoPress, en Español

Montevideo, April 23rd 2024 - 20:29 UTC

Politics

  • Tuesday, January 28th 2014 - 05:05 UTC

    Argentine market cautious reaction to new rules on foreign exchange and dollar savings

     Capitanich and Echegaray explaining the new rules for purchasing dollars

    In what promises to be a week of surprises as the Argentine government unfolds measures to contain the price of the US dollar, this Monday the peso held relatively stable after last week's sharp devaluation. While the official rate remained unchanged at 8.01 Pesos for a greenback, in the parallel market it climbed to 12.15 Pesos.

  • Tuesday, January 28th 2014 - 05:00 UTC

    Brazil current account deficit ended 2013 at its widest in twelve years

    With a relatively strong currency Brazilians tourists are travelling worldwide in increasing numbers

    Brazil's current account ended 2013 at its widest deficit in 12 years amid a weakened foreign trade balance, heavy outgoing service payments, overseas profit remittances and an overall lack of confidence in the country's economic policies.

  • Tuesday, January 28th 2014 - 04:27 UTC

    Falklands lawmaker on political visit to New Zealand and Australia

    MLA Summers will meet officials, politicians and academics plus giving a few speeches

    Mike Summers Member of the Legislative Assembly of the Falkland Islands will visit New Zealand and Australia this week as part of a regional tour where he will present the Falklands as a modern, thriving democracy and address the Falkland Islanders right to self determination. There are long-standing links between the countries, and this tour hopes to build upon existing relationships.

  • Monday, January 27th 2014 - 19:26 UTC

    Coca Cola CEO warns youth unemployment is a great risk for social peace

    Kent was addressing the World Economic Forum in Davos

    Unemployment among teens and young adults represents a huge global problem, says Muhtar Kent, CEO of Coca-Cola. In the United States, teenage unemployment totaled 20.2 percent in December and if the situation isn't addressed, the results could be devastating, the social peace and fabric of the world is in danger.

  • Monday, January 27th 2014 - 16:48 UTC

    Falklands Islands, CELAC and the right to self-determination

    Is annexation now something Cuba supports over and above the right to self-determination?

    By Tim Cole - This week the CELAC Summit will be held in Havana and the Cuban government will be in charge of finalizing the language in the Summit declarations. Inevitably there will be one on the Falkland Islands and I suspect it will ignore the referendum held on the Islands last year when 99.8% voted in favor of the Islands remaining an Overseas Territory of the United Kingdom.

  • Sunday, January 26th 2014 - 13:01 UTC

    Falklands receives this week members of the UK Parliament

    Opperman, Menzies and Fovargue will meet with Falklands MLAs

    Three members of the UK Parliament will be arriving in the Falkland Islands next week for a short visit. Conservative party members Guy Opperman and Mark Menzies are accompanied by Labor Party member Yvonne Fovargue and arrive on January 30, departing on February 4.

  • Sunday, January 26th 2014 - 12:36 UTC

    Belize and Guatemala agree on 'road map' to address the territorial dispute

     OAS Secretary General Insulza with the two foreign ministers

    Belize and Guatemala agreed at the headquarters of the Organization of American States on a “Road Map and Plan of Action”, which has as its main objective the strengthening of the bilateral relationship between the two countries during 2014 in order to make concrete the holding of popular consultations to enable the consideration of the territorial dispute before the International Court of Justice (ICJ).

  • Sunday, January 26th 2014 - 12:17 UTC

    Spain has “not taken one step back” regarding its Gibraltar policy, rather the contrary

    The issue is permanently in Spain's agenda said Garcia-Margallo

    The Spanish Government has “not taken any step back” in relation to its Gibraltar policy “but it has taken many steps forward”, the country’s foreign minister Jose Manuel Garcia Margallo has declared. Despite the issue having dropped profile in the news since recent weeks, it is an issue “permanently” on the Spanish agenda, the Spanish official told Onda Cero radio.

  • Sunday, January 26th 2014 - 12:06 UTC

    Maduro sets limits on company profits and prison terms for hoarding or over charging

    The Venezuelan president fighting the fundamentals of markets

    Venezuela decreed a new price control law that sets limits on company profits and establishes prison terms for those charged with hoarding or over-charging, part of populist President Nicolas Maduro's efforts to tame inflation.

  • Sunday, January 26th 2014 - 04:15 UTC

    Brazil: Hundreds protest against the World Cup

    A man discourages people from attending the World Cup soccer tournament during a march demanding better public services in Rio de Janeiro

    Waving flags, carrying banners and chanting “there will be no Cup” at least 1,000 demonstrators protested in Sao Paulo on Saturday against the World Cup that Brazil will host later this year in a demonstration that devolved into violence late in the night.