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MercoPress, en Español

Montevideo, January 10th 2025 - 22:11 UTC

Stories for 2016

  • Wednesday, May 25th 2016 - 07:02 UTC

    UK tremor: North Yorkshire approve fracking operations

    The vote triggered a fierce response from environmentalists who see fracking as a threat to local countryside and a deviation from UK climate-change promises.

    The first fracking operation in the UK since 2011 earthquake scares has been approved by North Yorkshire councilors, stirring a fresh debate on the benefits and risks of the controversial gas extraction method. Councilors granted permission to UK firm Third Energy to use hydraulic fracturing, or fracking, at an existing drilling site near the village of Kirby Misperton.

  • Wednesday, May 25th 2016 - 06:50 UTC

    Macri's administration admits the Catholic church criticism of Argentina's 'labor market fragility'

    “We’re worried about the fragility of the labor market and the situation of many workers who are in precarious jobs”, said Monsignor Jorge Lozano

    Leaders from Argentina's ruling “Let‘s Change” (Cambiemos) administration acknowledged on Tuesday that the country is “going through the worst time” yet since president Mauricio Macri took office but also underlined all the measures that have been taken over the last few months to overcome the situation.

  • Wednesday, May 25th 2016 - 06:38 UTC

    Container shipping “fragile”; third largest firm reports loss in first quarter, plans US$ 1bn in cost cuts

    CMA CGM posted a net loss of US$100 million for the first quarter, compared with a US$406 million net profit in the same period of last year

    France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss and targeted US$1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates in the past year have left many lines operating at a loss.

  • Wednesday, May 25th 2016 - 06:18 UTC

    Venezuela next Mercosur chair, but Uruguay will continue leading negotiations with EU

    President Nicolas Maduro is accused of impeding a recall referendum which has the support of two thirds of Venezuelans, according to the latest opinion polls.

    Venezuela, in the midst of a most serious domestic political and economic situation, and with less foreign allies is scheduled to take the chair of Mercosur as of next June for the following six months. However it has been agreed that Uruguay will continue leading Mercosur negotiations with the European Union for a much delayed wide ranging cooperation and trade agreement.

  • Wednesday, May 25th 2016 - 05:58 UTC

    Temer announces tough austerity measures but needs to show Congress supports him

    Temer said the government would get an early repayment of about US$28 billion from Brazil's state-run investment bank BNDES

    Brazil's interim president announced austerity measures on Tuesday aimed at pulling Latin America's largest economy from its worst crisis in decades, warning that a failure to act would sentence future generations to “extraordinary hardship.” Speaking with government leaders in a national televised meeting, interim president Michel Temer, 75, also banged his hand on the table while insisting he was up to the job.

  • Tuesday, May 24th 2016 - 08:52 UTC

    St Helena celebrates the new airport on her 514th discovery anniversary

    Governor Lisa Phillips: The underlying question is will change bring with it progress?

    2016 St Helena’s Day celebrations were this year held on Friday 20 May 2016, and were reckoned by all to be a great success. Once again organized by New Horizons and held in lower Jamestown, traditional activities and stalls were arranged in both the Mule Yard and along the Seafront area.

  • Tuesday, May 24th 2016 - 08:30 UTC

    US tire maker leaves Venezuela after six decades in the country

    Bridgestone says the sale will have no financial impact because it already has written off its investments in the crisis-wracked country.

    United States tire maker Bridgestone is selling its business in Venezuela after six decades in the country, the latest blue chip company to abandon the country as a result of runaway inflation and strict currency controls. Bridgestone Americas said in a statement Monday that it is selling its Venezuela assets to Grupo Corimon, a local industrialist. It says the company will be called Alice Neumaticos de Venezuela.

  • Tuesday, May 24th 2016 - 08:18 UTC

    Brazil and Argentina to work together to help find a solution to Venezuela

    “We're on alert when it comes to Venezuela. Brazil and Argentina have an interest that includes mediation,” Brazilian Foreign Minister Jose Serra said

    Brazil and Argentina will work together to help find a solution to Venezuela's political crisis, Brazil's acting foreign minister said on Monday. Venezuela is facing a severe economic crisis, with the world's highest inflation and shortages. Polls indicate most Venezuelans want President Nicolas Maduro out of office.

  • Tuesday, May 24th 2016 - 08:05 UTC

    Macri's Argentina and Temer's Brazil seal close political and working relationship

    Jose Serra, Brazil's new foreign minister shakes hands with Susana Malcorra at the San Martin Palace

    Argentina and the new interim government of Brazil sealed this Monday their close relationship when foreign minister Jose Serra in a brief visit to Buenos Aires, his first overseas trip, met privately with President Mauricio Macri. . Earlier in the day the Brazilian official signed a memorandum of understanding for a bilateral mechanism of political coordination with his peer Susana Malcorra.

  • Tuesday, May 24th 2016 - 05:34 UTC

    Temer loses top minister to Petrobras scandal: recordings expose plans to obstruct investigation

    “Starting from tomorrow, I will step aside,” Juca told a huddle of reporters in Brasilia, following a day of feverish speculation about his political future.

    Brazil's Planning Minister Romero Juca said on Monday he will temporarily step down after a newspaper published recordings of him discussing plans to obstruct the country's biggest-ever corruption investigation, which includes him among its targets.