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Montevideo, April 20th 2019 - 12:54 UTC

Stories for 2018

  • Wednesday, March 14th 2018 - 09:15 UTC

    Argentina central bank leaves basic rate unchanged to combat inflation

    The Central Bank confirmed its policy of supporting the Argentine Peso with occasional interventions in the money exchange market

    Argentina's central bank left the basic interest rate unchanged at 27.5%, a clear signal that inflation remains the main challenge of the country's monetary policy. The bank also revealed that last week it intervened in the local market with 400 million dollars to keep the US dollar in the range of 20/20,50 Pesos to the greenback.

  • Wednesday, March 14th 2018 - 09:12 UTC

    Brazil forecasts 87.28 million tons of corn and 113.02 million tons of soybeans

    For the first corn crop, Conab raised its projection to 25.12 million tons, from 24.75 million tons in February. It was 30.46 million tons in 2016-17.

    Brazil will harvest 87.28 million tons of corn in the 2017-18 season, federal government crop agency Conab said in a monthly report, down from 88 million tons in its February report. The 2016-17 harvest was 97.84 million tons.

  • Wednesday, March 14th 2018 - 09:09 UTC

    Temer makes informal visit to Supreme Tribunal chief at her residence

    The visit took place five days after Supreme Tribunal Justice Luís Roberto Barroso allowed police to investigate Temer’s financial records

    A controversial visit and meeting of two branches of government, on Saturday, was reported in the Brazilian media. In effect last Saturday afternoon president Michel Temer made a visit to the head of the Federal Supreme Tribunal Carmen Lucia at her residence, and “was not conducted as part of the President’s official schedule”.

  • Wednesday, March 14th 2018 - 09:04 UTC

    Argentines tourists flocked mainly to Brazil in January 2018

    Of the 377.000 overseas tourists, 32.5% travelled to Brazil, 15.1% to US and Canada, and 10.8% to Europe

    January is summer month in Argentina, equivalent to July in the northern hemisphere, and Argentines love to take to the beaches or travel overseas. This last January, according to the official stats office, Indec, the number of arrived tourists in Argentina increased 8.7% compared to a year ago, but Argentines tourists overseas jumped 20.5%., most probably on the back of a particularly strong Peso vis-a-vis the US dollar.

  • Wednesday, March 14th 2018 - 08:56 UTC

    Francis fifth year as Pope: a fearless reformer overwhelmed by the Church's sex abuse scandals

    Since taking over in March 2013, the 81-year-old Argentine has championed the cause of the marginalized, saying he wanted a “poor church for the poor”

    As Pope Francis marks the fifth year of his papacy next week, the pontiff once hailed as a fearless reformer is under fire for his handling of the sex abuse scandals that have rocked the Roman Catholic Church. Since taking over in March 2013, the 81-year-old Argentine has championed the cause of the marginalized, saying he wanted a “poor church for the poor” and shunning papal palaces and ostentatious displays of wealth.

  • Wednesday, March 14th 2018 - 08:48 UTC

    Stephen Hawking, a brilliant mind across time and space, has died

    As one of Isaac Newton's successors as Lucasian Professor of Mathematics, he was involved in the search for the great goal of physics — a “unified theory.”

    Stephen Hawking, whose brilliant mind ranged across time and space though his body was paralyzed by disease, died early Wednesday, a University of Cambridge spokesman said. He was 76 years old. Hawking died peacefully at his home in Cambridge, England.

  • Wednesday, March 14th 2018 - 08:39 UTC

    Ambitious expansion for Argentine international Ezeiza airport

    A scale model of the expanded Ezeiza air terminal

    The Argentine government has announced it plans to invest 15 billion Argentine Pesos (some US$ 750 million) in an ambitious expansion of the country's main international airport, Ezeiza, in the outskirts of Buenos Aires city.

  • Wednesday, March 14th 2018 - 07:59 UTC

    Di Tella old hand back at the Argentine foreign ministry

     Petrella was deputy foreign minister to Guido Di Tella between 1992 and 1996, and later Argentine ambassador at the United Nations, 1996/1999

    Argentine former deputy foreign minister and ambassador before the United Nations, Fernando Enrique Petrella has been appointed head of the country's Foreign Service Institute, ISEN, according to Decree 176/2018.

  • Tuesday, March 13th 2018 - 20:44 UTC

    Falkland Islanders mark Commonwealth Day with a range of events

    Mike Betts (second from left) with the other UK Overseas Territory Representatives outside Westminster Abbey yesterday for the Commonwealth Service.

    On six continents around the globe, the currently 53 countries of the Commonwealth marked Commonwealth Day earlier in the week. The day included messages to the Commonwealth from Her Majesty the Queen as well as the UK Prime Minister, both of which have been covered by MercoPress. However, the Falkland Islands also reaffirmed its ties to the Commonwealth over recent days both within the Islands and elsewhere in the world.

  • Tuesday, March 13th 2018 - 15:28 UTC

    Tillerson fired, Trump names CIA chief Pompeo new Secretary of State

    Trump said CIA Director Mike Pompeo will replace the former Exxon Mobil chief executive and Deputy CIA Director Gina Haspel to run the spy agency

    Rex Tillerson was fired as secretary of State on Tuesday, ending a tumultuous tenure as America's top diplomat that was marked by a series of public disagreements with his boss — President Donald Trump.