Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 19th 2024 - 05:12 UTC

Stories for May 2017

  • Thursday, May 25th 2017 - 20:45 UTC

    Brazilian ex presidents discussing the outcome of the political situation

    Fernando Henrique Cardoso is in charge of contacts with Gilmar Mendes (R), head of the Electoral Superior Tribunal

    Three ex Brazilian presidents are holding talks on the future of the country following what seems the inevitable outcome of the current political situation with deep differences between the political system and the Judiciary.

  • Thursday, May 25th 2017 - 20:27 UTC

    Public opinion forces Temer to withdraw troops from streets of Brasilia

    The deployment of soldiers shocked a capital already shaken by the day's violence and an investigation into corruption allegations against the president.

    Brazil's President Michel Temer called troops back off the streets of the capital Thursday after deploying them to guard government buildings following riots by protesters demanding he quit. A decree published online in the official journal said the president had revoked an earlier measure to deploy 1,500 federal troops -- a delicate issue in a country with living memory of a military dictatorship.

  • Thursday, May 25th 2017 - 19:07 UTC

    Today's stunted oil prices could cause oil price shock in 2020

    Eurasia Group forecasts about 7 million barrels per day (MMbbl/d) of new crude supply by 2022.

    As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated market will reach an equilibrium with higher commodity prices by 2018 and U.S. shale production will continue to grow along with global demand.

  • Thursday, May 25th 2017 - 10:54 UTC

    Chaos taking hold of Brazil; a desperate Temer calls in the military to restore order

    Scuffles between police and protesters who tried to jump a cordon mushroomed into a series of clashes in which officers fired tear gas and pepper spray (Pic AP)

    Brazil’s president ordered the military to restore order in the country’s capital Wednesday after some government ministries were evacuated during clashes between police and protesters who are seeking the leader’s ouster. Tens of thousands of demonstrators marched to Congress to protest economic reforms that President Michel Temer is pushing through and to demand he step down amid a corruption scandal.

  • Thursday, May 25th 2017 - 10:37 UTC

    Falklands claims C24 is unresponsive to some non self governing territories, and has a colonialist attitude

    MLA Summers recalled that despite inviting the Special Committee for a mission to tour the Falkland Islands, “it had not even responded”.

    The Falkland Islands said that the reason why some Non Self Governing Territories were unresponsive to the Special Committee on Decolonization, or C24, was that the issues proposed were not attractive, and to be effective it must engage with these territories in a more effective manner, and with a much less colonialist attitude.

  • Thursday, May 25th 2017 - 10:20 UTC

    Economists point out serious math errors in Trump's budget proposal

    “It appears to be the most egregious accounting error in a presidential budget in the nearly 40 years I have been tracking them,” wrote Larry Summers

    The White House has denied the president's budget proposal contains an “egregious” math error. Former US Treasury Secretary Larry Summers pointed out the spending plan double-counts US$2trillion. But White House budget director Mick Mulvaney told reporters: “We stand by the numbers.”

  • Thursday, May 25th 2017 - 10:00 UTC

    Canadian combat management systems for Chile's Type 23 frigates

    Lockheed Martin’s Combat Management System 330 was chosen by Chile after a world-wide competition. Canada's Halifax-class frigates use a similar system.

    Lockheed Martin Canada will provide and install new combat management systems for three of the Chilean Navy’s frigates. The majority of the work will be done at Lockheed Martin Canada’s facilities in Ottawa, Montreal and Halifax. The combat management systems and other equipment will be installed on Chile’s Type 23 frigates.

  • Thursday, May 25th 2017 - 09:50 UTC

    Falklands cemetery combatants identification: Red Cross delegation expected in Buenos Aires

    The agreement signed in London by Alan Duncan and Villagra Delgado. Standing are ambassadors in London and Buenos Aires, Carlos Sersale and Mark Kent

    An advance mission from the International Committee of the Red Cross is expected in Buenos Aires next week to iron out details of the DNA process to be implemented for the identification of unknown Argentine combatants buried in the Falkland Islands at the Darwin cemetery. The news was advanced in the Buenos Aires media.

  • Thursday, May 25th 2017 - 07:37 UTC

    Manchester terrorist´s family members arrested; search for support network in Europe

    Libyan authorities had been following Hashem Abedi, the suspect's brother, for a month and a half because of suspected links to ISIS

    The brother of Salman Abedi, the suspect accused of carrying out a bombing in Manchester, England, that killed 22 people, allegedly said he knew his brother was going to carry out an attack, but did not know where or when, according to a spokesman for Libya's counter terror forces.

  • Thursday, May 25th 2017 - 07:23 UTC

    UN warns Trump´s budget cut will make peacekeeping operations “impossible”

    UN secretary general Antonio Guterres has been lobbying Congress members on the importance of international peacekeeping.

    The United Nations has warned that President Donald Trump's plans to cut contributions to peacekeeping will make such work “impossible”. The US administration signaled heavy cuts to UN operations, in its budget proposals released on Tuesday. The US foots more than a quarter of the UN's US$7.9bn peacekeeping bill.