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MercoPress, en Español

Montevideo, December 22nd 2024 - 08:25 UTC

Stories for November 3rd 2016

  • Thursday, November 3rd 2016 - 19:33 UTC

    Latin America's new political paradigm

    The party was cut short in the early 1980s, when then-Fed Chairman Paul Volcker took away the punch bowl, by engineering a sudden interest-rate hike

    By Ernesto Talvi - Center-left and populist governments' hegemony in Latin America for most of the last decade now seems to be coming to an end, with center-right parties rising to power in Argentina, Brazil, Guatemala, Paraguay, and Peru.

  • Thursday, November 3rd 2016 - 17:52 UTC

    Remembrance Day in Uruguay on Friday 11 November

    Remembrance Day is observed on 11 November to recall the end of hostilities of World War I on that date in 1918, “at the 11th hour of the 11th day of the 11th month”

    Friday November 11 is Remembrance Day (Poppy Day) and the event will be recalled in Uruguay with a brief service at the British Cemetery, November 11th, at 11:00 am, and a Remembrance Sunday Service will take place on Sunday 13 November at 10:30 am, at the Cathedral of the Holy Trinity (Templo Inglés).

  • Thursday, November 3rd 2016 - 17:27 UTC

    England and Scotland players defy FIFA and will wear poppies on black armbands

    “The FA intend to pay appropriate tribute to those who have made the ultimate sacrifice by having the England team wear black armbands bearing poppies in our fixture on Armistice Day.”

    England and Scotland's footballers will defy the sport's global governing body and wear black armbands bearing poppies in their 11 November match. The FA and SFA have rejected FIFA's ban on poppies being displayed on the pitch for the World Cup Armistice Day qualifier. The ruling by football's world governing body was earlier described by the Prime Minister as “utterly outrageous”.

  • Thursday, November 3rd 2016 - 17:19 UTC

    Blow for PM May: High Court rules Parliament must approve Brexit process

    Calling the case “a pure question of law”, Lord Thomas said: “The court is not concerned with and does not express any view about the merits of leaving the European Union: that is a political issue.”

    British government’s plan for leaving the European Union was thrown into uncertainty on Thursday after the High Court ruled that Parliament must give its approval before the process can begin. The court’s decision seemed likely to slow — but not halt — the British withdrawal from the bloc, a step approved by nearly 52% of voters in a June referendum.

  • Thursday, November 3rd 2016 - 10:20 UTC

    Big Danger at the Lower Bound

    Fed chair Janet Yellen tried to reassure markets but most economists are skeptical that the Fed’s unconventional policy tools are nearly so effective.

    By Kenneth Rogoff

    Markets nowadays are fixated on how high the US Federal Reserve will raise interest rates in the next 12 months. This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep recession. Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a recession hits.

  • Thursday, November 3rd 2016 - 10:01 UTC

    Mercosur parliament critical of the current trade negotiations with the European Union

    Jorge Taiana said he is “not optimistic that there will be progress” as a result of the economic recession that has hit Europe

    The President of Mercosur’s parliament (Parlasur) thinks that the European Union’s current tabled offer is “unsatisfactory” and made it clear that it shouldn’t be signed in its current form. Jorge Taiana, head of the parliament, and former foreign minister with ex president Cristina Fernandez, complained that the negotiations, which resumed about seven years ago, are taking far too long, but added that in the absence of a “balanced agreement”, nothing should be signed.

  • Thursday, November 3rd 2016 - 09:53 UTC

    Temer austerity program inspired in Thatcher´s program to contain expenditure

    Temer watched a Thatcher video where she defended cutting public expenditure, opening the financial sector, privatizations and making labor rules more flexible

    Brazilian president Michel Temer said that the economic adjustment implemented by Brazil is inspired in the program of former prime minister Margaret Thatcher, who led the UK from 1979 to 1990. “As Thatcher use to say and we are following in Brazil, containing government expenditure is necessary because we are only going to spend collected revenue”.

  • Thursday, November 3rd 2016 - 09:35 UTC

    Brazilian police killed an average of nine people per day during 2015

    In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146

    An average of nine people were killed per day at the hands of Brazil's notoriously violent police force in 2015, an increase from last year despite a nationwide drop in murder rates. In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146. The statistics come from the 10th Public Security Yearbook published by the Brazilian Forum on Public Security.

  • Thursday, November 3rd 2016 - 08:21 UTC

    Identification of Argentine soldiers' remains in Falklands: Geneva meeting in December

    There is a consensus among the Falklands, London and Buenos Aires that the best time for the forensic identification are the coming summer austral months

    Argentine and British diplomats will be meeting next 10 December in Geneva with the Red Cross to advance in the identification of the remains of 123 Argentine combatants buried at Darwin cemetery in the Falkland islands since 1982.

  • Thursday, November 3rd 2016 - 08:05 UTC

    European lawmakers in Argentina to boost EU/Mercosur trade talks

    “We will never reach any trade accord, unless we are not willing to face the domestic resistances, be it in Europe or in Mercosur”, said MEP Assis

    A European Union parliament delegation of fourteen lawmakers is in Buenos Aires to prop Mercosur/EU trade talks, and even admitting there has been advances, and prospects are encouraging, they also acknowledged that many objections from both sides persist.

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