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MercoPress, en Español

Montevideo, November 26th 2024 - 04:22 UTC

Stories for 2018

  • Friday, August 10th 2018 - 08:26 UTC

    Brazil farmers criticize law establishing minimum truck freight rates

    The new law requires truck freight prices to be equal to, or above, minimum prices set by Brazil’s national transport agency ANTT

    Brazil’s President Michel Temer signed into law a bill authorizing the government to set minimum truck freight prices, drawing criticism from farm groups who said the measures would drive up costs for food.

  • Friday, August 10th 2018 - 07:55 UTC

    Insurance industry predicts a “nightmare scenario” in a no-deal Brexit

    Slow progress in Brexit negotiations 'has forced many insurance companies to draw up plans to move part of their business out of UK, with Dublin favored'

    A no-deal Brexit would be a “nightmare scenario” for the insurance industry and must be avoided “at all costs” to safeguard the future of the sector, a new report has warned.The report by global law firm Kennedys said that slow progress in Brexit negotiations has forced many insurance companies to draw up – and in some cases implement – plans to move part of their business out of the UK, with Dublin a favored destination.

  • Friday, August 10th 2018 - 07:40 UTC

    Caribbean island and BOT Anguilla worries about Brexit

    Anguilla’s airport does not have a runway long enough for big jets, which makes it dependent on the French and Dutch halves of neighboring St Martin

    Under the heading of 'The tiny British island of Anguilla worries about Brexit', The Economist addressed the issue of the impact of Brexit on its Overseas Territories, mainly in the Caribbean and particularly in Anguilla, an island whose connectivity is entirely dependent on neighboring territories from France and the Netherlands. There is also a mention to other BOTs, such as the Falkland Islands, and its main exports market, Spain, 'which has a taste for Argentine squid'. And 'it is not clear whether the Falklands will retain tariff-free access to this market once Britain leaves the EU'.

  • Friday, August 10th 2018 - 06:51 UTC

    Brazil and Argentina markets hit by domestic and overseas uncertainties

    Chinese state media accused the United States of having a “mobster mentality,” and WTO indicated global trade in goods is likely to lose momentum in the 3Q

    Major Latin American currencies fell against the dollar on Thursday as global trade tensions strengthened the greenback and political uncertainty in Brazil and Argentina. Latin America's largest economy heads into a presidential election in two months time and in Argentina a major corruption scandal is unfolding.

  • Friday, August 10th 2018 - 06:36 UTC

    Another record year of murders in Brazil: 63.880 in 2017

    In 2017, Brazil had a murder rate of 30.8 per 100,000 people, up from 29.9 in 2016, according to data published by the Brazilian Public Security Yearbook 2018

    Brazil had a record number of murders last year, with homicides rising 3.7% from 2016 to 63,880 according to a study released on Thursday, just months before a presidential election in which violence has become a key issue.

  • Friday, August 10th 2018 - 06:11 UTC

    Brazilian round of presidential candidates debate takes off...without Lula da Silva

    The real missing piece in the puzzle will be former two-term president Lula, who leads in opinion polls but is serving a 12-year sentence for corruption

    Brazil is staging its first presidential election debate with eight of the crowded field locking horns but also one notable absentee – jailed frontrunner ex president Lula da Silva. Thirteen candidates have officially entered the election, which starts with a first round October 7 and is almost sure to go to a run-off two weeks later.

  • Thursday, August 9th 2018 - 20:33 UTC

    Brazil's auto exports tumble 21% in July over June: fingers point to Argentina weakness

    Argentina is by far the largest buyer of Brazilian cars. But economists now expect Argentina to suffer a recession this year

    Brazil's auto exports tumbled 21% in July from a month ago, the country's automakers' association said on Tuesday, blaming a monetary crisis in neighboring Argentina for the shortfall and adding that it expects exports to be steady for the year, not higher as it had predicted before last month.

  • Thursday, August 9th 2018 - 13:54 UTC

    Brazilian inflation in July slowing down

    Consumer prices tracked by the benchmark IPCA index rose 4.48% in the 12 months through July, government statistics agency IBGE said on Wednesday

    Inflation in Brazil slowed for the first time in two months in July as the impact of a May nationwide truckers' strike dimmed, reinforcing the view that a recent price spike would not last long.

  • Thursday, August 9th 2018 - 13:14 UTC

    Justice denies request to close a northern state border with Venezuela

    Since Venezuela’s economic deterioration and nationwide food shortages, Venezuelans have fled to neighboring countries in efforts to escape the crisis

    A judge on the Supreme Federal Court of Brazil denied a request by the regional government of Roraima to close the nation’s border with Venezuela. Roraima is Brazil’s northernmost state and its authorities claimed the persistent influx of Venezuelan immigrants has overburdened the state’s public services.

  • Thursday, August 9th 2018 - 12:50 UTC

    Ex Chilean president Bachelet chosen as next UN human rights chief

    Bachelet would replace Jordan’s outspoken Zeid Ra’ad al-Hussein, who is stepping down at the end of the month after a four-year term in the Geneva-based job

    U.N. Secretary-General Antonio Guterres has chosen former Chilean President Michelle Bachelet to be the world body’s new human rights chief, the United Nations said on Wednesday. The 193-member U.N. General Assembly is due to meet on Friday to approve Bachelet’s appointment.