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MercoPress, en Español

Montevideo, January 11th 2025 - 13:02 UTC

Stories for 2016

  • Friday, April 29th 2016 - 06:08 UTC

    IMF praises Argentina's new focus despite an expected contraction of 1% this year

    “The new policy framework, however, has improved the medium-term outlook, with GDP growth expected to rebound to about 2,75% in 2017,” the paper said.

    Argentina's GDP is expected to contract by about 1% in 2016, according to the latest IMF Regional Economic Outlook; Western Hemisphere, announced on Wednesday in Mexico. The chapter on Argentina makes a special mention of the new government's changes to remove macroeconomic imbalances.

  • Friday, April 29th 2016 - 05:59 UTC

    Hammond becomes first foreign secretary to visit Cuba since 1959

    Foreign Secretary Hammond will sign a bilateral agreement restructuring Cuba’s debt to the UK and will agree future UK-Cuba cooperation in different fields

    Foreign Secretary Philip Hammond became on Thursday the first British Foreign Secretary to visit Cuba since 1959. In a series of high-level meetings, the Foreign Secretary will call on his Cuban counterpart Bruno Rodríguez and other government leaders to discuss the recent social and economic changes in Cuba, human rights, trade and investment, and the fight against global health threats such as the Zika virus.

  • Friday, April 29th 2016 - 05:44 UTC

    Mercosur unmoved by Rousseff''s invocation of the “democratic clause”

    Argentina said it is most respectful of the Brazilian constitutional process

    “We respect the Brazilian constitutional process” and thus Argentina does not have plans to follow on president Dilma Rousseff announcement that she will appeal to Mercosur to implement the “democratic clause” if the impeachment process to remove the head of state from office advances in the country's Senate.

  • Thursday, April 28th 2016 - 12:05 UTC

    China plans to track moon spacecrafts from its station in Argentine Patagonia

    The Quintuco station is expected to become active in March in 2017 and next June the main antenna will begin to be assembled

    In March next year, China's space and satellite tracking station in Quintuco, Argentine Patagonia will become operational, according to members from China's Space Agency, CLTC, who advanced that in June scientists will be mounting the station's antenna to explore outer space.

  • Thursday, April 28th 2016 - 07:59 UTC

    Lula's party would call for fresh elections if Dilma is removed from office

    Rousseff admits that a period of 180 days out of office with PMDB Temer as acting president would create the “worst possible” conditions for her to return

    Brazilian President Dilma Rousseff concedes that even if the full Senate finally votes against her impeachment, she may be obliged to support the call for new presidential elections this year, according to Folha, one of Sao Paulo's most influential dailies.

  • Thursday, April 28th 2016 - 07:37 UTC

    Corruption network ever closer to Cristina Fernandez as associates are investigated

    Lawmaker Eduardo “Wado” De Pedro has unaccounted travel expenses over US$ 300.000 as part of Cristina Fernandez presidential delegations

    Argentina's Lower House member and former Secretary of ex president Cristina Fernandez, Eduardo “Wado” De Pedro is under prosecution investigation following claims he over billed travel expenses while overseas in 2015 as part of the presidential delegations.

  • Thursday, April 28th 2016 - 07:34 UTC

    Maduro blames the “crazy right” for riots sparked by daily several/hours blackouts

    “The crazy right wing doesn't understand that in hard times, a family has to band together,” Maduro blasted. “They're trying to create a violent situation.”

    Venezuelan cities cleaned up from a night of looting and fiery protests on Wednesday as government offices closed their doors for the rest of the week in the face of a worsening energy crisis that is causing daily blackouts. In Caracas, hundreds of angry voters lined up to sign a petition beginning the process of recalling the deeply unpopular President Nicolas Maduro.

  • Thursday, April 28th 2016 - 07:27 UTC

    Amnesty said killings in Rio's favelas have increased alarmingly ahead of Olympics

    “Residents in many of Rio de Janeiro's favelas are living in terror after at least 11 people have been killed in police shootings since the beginning of the month”

    Amnesty International said on Wednesday that residents of Olympic host Rio de Janeiro's slum favelas are “living in terror” after 11 people were killed in police shootings in the past month. The rights group said at least 307 people were killed by police in the city last year and called on Brazilian authorities to take action in the 100 days ahead of the start of the Rio Games on August 5.

  • Thursday, April 28th 2016 - 07:22 UTC

    Fed leaves rates unchanged; expectations over an increase move to June

    The Fed said labor market conditions have improved further since its interest rate decision in March, “even as growth in economic activity appears to have slowed.”

    The U.S. Federal Reserve did what many expected on Wednesday as it left its key interest rate range unchanged. The central bank maintained its overnight lending rate for banks at a target range of between 0.25 and 0.50% where it has been since it was boosted from near zero back in December. Expectations now have moved to the two-day meeting on 14/15 June.

  • Thursday, April 28th 2016 - 07:11 UTC

    Spain remains ungovernable: elections for new government on June 26

    The King said Article 99 of Spain’s constitution would take effect, which calls for the dissolution of parliament and new elections if no government is formed

    Spain will hold a repeat of national elections in June following the failure of a last-ditch effort by King Felipe VI to prod bickering Spanish politicians to form a new government. The King chose not to ask any candidates he interviewed this week to try to form a government and break a stalemate that has left Spain with a caretaker government in the wake of inconclusive elections in December.