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MercoPress, en Español

Montevideo, December 25th 2024 - 13:31 UTC

Stories for 2018

  • Saturday, February 3rd 2018 - 10:22 UTC

    Costa Rica wins coastal border dispute with Nicaragua at UN Court of Justice

    The court’s panel of 15 international judges also found that Costa Rica has sovereignty over the “whole northern part of Isla Portillos, including the coast”

    Costa Rica claimed victory over Nicaragua on Friday, after the United Nations’ highest court awarded Costa Rica disputed territory along the coastal border shared by the two Central American countries. Nicaragua was ordered by the International Court of Justice in The Hague to remove a military base from a contested coastal area near the San Juan river, which the judges said violated Costa Rican sovereignty.

  • Saturday, February 3rd 2018 - 10:12 UTC

    Gay marriage at the center of Costa Rica's Sunday presidential election

    Evangelical Christian and congressman Fabricio Alvarado, has pitted himself against an international ruling urging Costa Rica to legalize same-sex marriage.

    A debate over gay marriage has upturned Costa Rica's presidential race, giving ammunition to conservative frontrunners ahead of Sunday's vote and challenging the Central American country's image as a progressive bastion. Evangelical Christian singer and congressman Fabricio Alvarado, who leads recent polls, has pitted himself against a January ruling from the Inter-American Court of Human Rights that urges Costa Rica to legalize same-sex marriage.

  • Saturday, February 3rd 2018 - 10:07 UTC

    Ecuador's Sunday referendum could annul Correa's aspirations of reelection

    After Lenín Moreno was elected Ecuador's president in 2017, he was expected to keep the seat warm for his predecessor’s return in 2021.

    When Ecuadorians vote on Sunday barring former president Rafael Correa from re-election, they will also be choosing whether to buck a trend across South America in which overbearing former presidents just can’t let go of power.

  • Friday, February 2nd 2018 - 20:00 UTC

    Falklands Meat Company renovated including a new business manager

    FIMCo identified a number of business and technical issues that needed addressing to improve the profitability of the Company

    The Falkland Islands Meat Company (FIMCo) has announced the appointment of their new Business Improvement Manager. Michael Ledwith is to start this month on a new full-time contract, tasked with implementing change at the Sand Bay plant, “bringing peak performance through operational efficiency and productivity in the business,” according to information from FIMCo.

  • Friday, February 2nd 2018 - 19:49 UTC

    South Georgia celebrated on 17 January “Possession Day”

    Portrait of Captain James Cook, by John Webber (BBC)

    On 17th January 1775 a small party of men landed on a beach beneath snowy peaks and tumbling glaciers. In charge was an officer by the name of James Cook; the British Flag was planted, a volley of musket shot was fired, and the land was claimed for His Britannic Majesty. Cook named the bay in which he landed Possession Bay. On the 17th January 2018 (and every year) South Georgia marked ‘Possession Day’ with a bank holiday and reception at Government House.

  • Friday, February 2nd 2018 - 19:43 UTC

    Government of South Georgia is seeking a Chief Executive Officer

    Grytviken, the South Georgia settlement where government offices are located

    The Government of South Georgia & the South Sandwich Islands is seeking a Chief Executive Officer, CEO, and has posted some of the conditions expected from a successful candidate.

  • Friday, February 2nd 2018 - 19:33 UTC

    UBS, HSBC and Deutsche Bank caught spoofing, and have to pay US$ 46.6m

    Spoofing refers to submitting, then cancelling, orders on futures contracts to manipulate the quoted price. The DOJ said spoofing harmed innocent investors. Photo: Reuters

    The US Department of Justice (DOJ) says it has charged eight individuals over allegations they “spoofed” or manipulated the futures markets for precious metals and share indexes. Separately UBS, HSBC and Deutsche Bank will pay a total of US$ 46.6m to settle spoofing charges against them.

  • Friday, February 2nd 2018 - 09:52 UTC

    Why Is The Shale Industry Still Not Profitable?

    The average return on asset for U.S. shale companies “is still a measly 0.8%,” the financial services company wrote in its report.

    By Nick Cunningham of Oilprice.com

    Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”

  • Friday, February 2nd 2018 - 08:18 UTC

    Un-convened and unconvinced Uruguayan farmers again take to the roads

    Tabare Vazquez out of agenda met with the un-convened protesting farmers. (Pic El Observador)

    Un-convened and unconvinced Uruguayan farmers again took to the roads of the country for a peaceful protest vigil in an estimated 300 posts, and which counted with spontaneous support from small business people linked to the rural sector.

  • Friday, February 2nd 2018 - 07:45 UTC

    Falklands government requests proposals for a future port facility

    FIPASS dates back to 1984 and is nearing its operational end, not beyond 2021

    The Falkland Islands government, FIG, is requesting proposals for a future port facility since the current structure, dating back to 1984 and which has had its useful life patched up and extended several times, is nearing its operational end.