Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 14th 2024 - 18:15 UTC

Stories for July 22nd 2015

  • Wednesday, July 22nd 2015 - 07:34 UTC

    Dilma almost KO: 84.6% don't believe she can handle the economy and 62.8% want her impeached

    The number of respondents who favor Rousseff's impeachment over a massive kickback scandal at Petrobras has risen to 62.8% from 59.7% four months ago.

    Brazilian President Dilma Rousseff's popularity slumped to a new low and support for her impeachment grew amid a deepening corruption scandal and a severe economic downturn, according to an opinion poll published on Tuesday.

  • Wednesday, July 22nd 2015 - 07:22 UTC

    BRICS bank (New Development Bank), takes off in low-key Shanghai ceremony

    “Our objective is not to challenge the existing system as it is but to improve and complement the system in our own way” said NDB President Vaman Kamath

    Officials from the world's largest emerging nations launched on Tuesday the New Development Bank (NDB), the second of two new policy banks heavily backed by Beijing that are being pitched as alternatives to existing institutions such as the World Bank. Also known as the BRICS bank, it follows soon after the establishment of the China-led Asian Investment Infrastructure Bank (AIIB).

  • Wednesday, July 22nd 2015 - 07:00 UTC

    Australia debates effects of warming ocean waters on its fisheries

    “My research is showing that some of these things look like they have already increased in abundance because of climate change” says Prof Shauna Murray (Pic C. Pearce)

    New evidence is emerging that climate change could join overfishing as a major threat to the world's seafood supplies. While Australia – a small producer on a global scale, accounting for only 0.2% of the world's seafood – has relatively healthy fisheries, it is suddenly and quite brutally feeling the effects of warming ocean waters.

  • Wednesday, July 22nd 2015 - 06:37 UTC

    Dollar in Argentina breaks 15-Peso threshold; pro-business candidate poor showing scares markets

    The 15.09 per dollar in the 'blue' or informal market was a record for this year and the first time that rate had been reached since September/October 2014.

    The US dollar kept climbing in Argentina and ended trading on Tuesday above the 15 Pesos threshold after having advanced 30 cents on Monday and 54 cents today. Sunday's electoral result in the City of Buenos Aires where the pro-business PRO party just managed to scrape by with victory, has triggered growing nervousness and speculation among savers and traders.

  • Wednesday, July 22nd 2015 - 06:20 UTC

    Chilean congress makes unprecedented mea culpa on several corruption cases

    “I recognize that many times we have not lived up to what the citizenry expected of us”, said Senate President Patricio Walker, in a ceremony in Valparaiso

    The Chilean Congress made an unprecedented mea culpa on Tuesday for a series of corruption cases involving lawmakers that have eroded public confidence in the institution. In the first review of the state of the Congress in its 204-year history, lawmakers acknowledged the damage caused by corruption, including accusations of tax fraud leveled against four opposition figures, two of them members of Congress.

  • Wednesday, July 22nd 2015 - 05:58 UTC

    French president to announce emergency measures in support of farmers

    “Beyond the issue of distribution and prices, I have asked that there should be an emergency plan for French livestock and dairy producers,” Hollande said

    President Francois Hollande has said he would unveil emergency measures to help France’s livestock and dairy farmers on Wednesday. Tuesday’s announcement came as as livestock farmers caused chaos in the north west of France, using tractors and trucks full of manure and rubble to block roads.

  • Wednesday, July 22nd 2015 - 01:07 UTC

    “Another example of efforts to damage the Falklands' economy”

    “Argentina in 2005 unilaterally withdrew from that agreement to the detriment of both Falklands and Argentine fisheries”, claimed MLA Rendell.

    The Falkland Islands government reacted strongly to statements by the Argentine official in charge of Malvinas affairs who claimed that “the theft of squid and other valuable fish stocks” in the South Atlantic, was the reason behind the success of the Islands' economy, according to a report from the Express.co.uk.