Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 24th 2024 - 05:22 UTC

Stories for December 2016

  • Sunday, December 11th 2016 - 21:09 UTC

    Venezuela prints 20.000 Bolivars bills to match hyperinflation

    At the official rate of 10 Bs per dollar, the 20,000 Bolivar note featuring liberation hero Simon Bolivar would be worth US$2000. In the street, it is worth just US$4.69.

    Venezuela's new currency will go into circulation on December 15 in denominations of 20,000, 10,000, 5,000, 2,000, 1,000 and 500 Bolivars, with 100-, 50- and 10-bolivar coins, the Venezuelan Central Bank (BCV) announced.

  • Sunday, December 11th 2016 - 19:56 UTC

    Deloitte Brazil admits false auditing and obstructing investigations

    Deloitte Touche Tohmatsu Auditores Independentes “knowingly issued materially false” audit reports for carrier Gol Intelligent Airlines in 2010 said PCAOB

    The United States accounting watchdog hit Deloitte's Brazil division with a record US$8 million fine for issuing false audits of a US-traded Brazilian airline and then doctoring papers to thwart an investigation, the agency said.

  • Sunday, December 11th 2016 - 19:53 UTC

    Brazil fines five global banks for manipulating exchange rates

    CADE announced that it had hit Barclays, Citicorp, Deutsche Bank, HSBC and JPMorgan Chase with the fines for participating in anti-competitive activities.

    Brazil’s antitrust body has slapped five banks with fines worth a combined 183.5 million reais (US$ 54 million) for creating a cartel to manipulate exchange rates, official sources announced. CADE, an office in charge of preventing economic abuse, announced that it had hit Barclays, Citicorp, Deutsche Bank, HSBC and JPMorgan Chase with the fines for participating in anti-competitive activities.

  • Sunday, December 11th 2016 - 18:46 UTC

    A Positive Report on The Falklands

    Hon Sec of the Falkland Islands Association and veteran of the 1982 War Lt. Col. Tym Marsh, FIA Chairman Alan Huckle and FIA Treasurer Falkland Islander James Wallace at the AGM.

    An update on the progress of the Falkland Islands’ economy has been given to the Falkland Islands Association at their annual general meeting in London. Member of the Legislative Assembly, Mr. Mike Summers indicated that all aspect of the Islands development were doing well.

  • Saturday, December 10th 2016 - 18:06 UTC

    Italian national killed in Brazilian favela

    Italian biker Roberto Bardella in one of his last pictures, wearing the helmet with a camera mounted on it, which eventually cost him his life, Pic FB

    Recalculating his route did not become an option for the Italian national Roberto Bardella who was shot and killed by drug dealers, who mistook him for a policeman, after his navigation system led him into the Morro dos Prazeres favela in Rio de Janeiro.

  • Saturday, December 10th 2016 - 17:44 UTC

    Cuba and Russia sign defence cooperation agreement

    Russia's Deputy PM Dmitry Rogozin (left) and Cuban Vicepresident Ricardo Cabrisas during the signing of the agreements Friday in Havana

    The Vicepresident of the Council of Ministers of Cuba, Ricardo Cabrisas Ruiz and Russia's Deputy Prime Minister Dmitry Rogozin Friday signed a new defense cooperation agreement in Havana as well as six other treaties in the fields of technology, aviation, medicine and railroad transport.

  • Saturday, December 10th 2016 - 12:43 UTC

    Falklands: Two Argentine forensic experts will work with the Red Cross team at Darwin cemetery

    The Darwin cemetery where there are 123 graves holding unidentified remains of Argentine combatants fallen in 1982

    Two Argentine forensic experts will be part of the group under the Red Cross that will collect DNA samples from the remains of the Argentine unidentified combatants buried at the Falkland Islands' Darwin cemetery with the purpose of fulfilling the task of identifying the graves which read “Argentine solider, only known unto God”.

  • Saturday, December 10th 2016 - 12:30 UTC

    Santander announces new investment in Mexico's banking market

    Santander Mexico CEO Hector Grisi announces new investment despite Trump-wave uncertainty

    Banco Santander has announced plans to invest 15 billion pesos ($735 million) in Mexico over the next three years despite market uncertainty as U.S. President-elect Donald Trump’s inauguration draws nearer.

  • Saturday, December 10th 2016 - 12:18 UTC

    Cristina meets Lula and Dilma in Brazil

    Former Argentine president Cristina Fernandeez and some of her die-hard acolytes went to Sao Paulo to meet with Lula and Dilma now that the star of populism is waning in the entire region

    Former Argentine President Cristina Fernandez Kirchner met with former Brazilian president Luiz Inacio Lula da Silva for an hour and a half at the Lula Institute in the São Paulo district of Ipiranga. Both political leaders discussed the situation of their countries and the region, according to a statement from the LI.

  • Saturday, December 10th 2016 - 10:37 UTC

    Obama orders review of election-campaign cyber-attacks and points to Russia

    U.S. intelligence officials accused Russia of hacking into Democratic officials’ email accounts in an attempt to interfere with the presidential campaign.

    President Barack Obama has ordered intelligence officials to conduct a broad review of election-season cyber-attacks, including the email hacks that rattled the presidential campaign and raised fresh concerns about Russia’s meddling in U.S. elections, the White House said Friday.