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MercoPress, en Español

Montevideo, May 3rd 2024 - 00:42 UTC

Stories for 2022

  • Thursday, March 31st 2022 - 09:00 UTC

    After restrictions lifted, Britons advised to stay at home in case of COVID-19

    “Vaccines remain our best defence and we are now offering spring boosters,” Sajid Javid said

    As the UK plans to lift all sanitary restrictions this coming Friday, health authorities have urged the citizenry to try to “stay home and avoid contact with other people” in case of symptoms of a respiratory illness.

  • Thursday, March 31st 2022 - 08:59 UTC

    More UK sanctions on Russian oligarchs and their businesses

    Foreign Secretary Liz Truss said “there is no doubt that Putin and his elite have been surprised by the strength of our sanctions” (Pic AP)

    The UK on Wednesday made new legislation to prohibit maintenance on aircraft or ships belonging to specific sanctioned Russian oligarchs or their businesses. Through these new powers, laid in parliament through a Statutory Instrument (SI), the UK can now prohibit sanctioned oligarchs from benefiting from the UK’s world-leading aviation and maritime industries and engineers.

  • Wednesday, March 30th 2022 - 22:31 UTC

    French branch of fast-food chain on notice over Brazilian supplies

    Brazilian firms supplying coffee and other inputs were said to be involved in deforestation and even slave labor

    French labor unions CGT, the UGT, and CUT Wednesday put McDonald's France “on notice” that it needs to submit a vigilance plan attesting to its compliance with local laws, while the company's Brazilian suppliers have been placed under scrutiny for their alleged poor social and environmental practices.

  • Wednesday, March 30th 2022 - 21:32 UTC

    Brazilian lawmaker hides in Congress to avoid court order

    Silveira was arrested last year after he released a video through social media with serious threats and insults against the STF judges

    Bolsonarist Deputy Daniel Silveira Wednesday tried to avoid a court order by stonewalling law enforcement agents at Brasilia's Parliament building. The officers were there to enforce him wearing a tracking anklet because he is under judiciary probe for threatening democratic institutions and making statements that were construed as an apology for dictatorships.

  • Wednesday, March 30th 2022 - 21:26 UTC

    Dilma says Latin America needs to take path of reindustrialization

    Rousseff described the investment fund BlackRock's prediction that there will be a nationalization of value chains amid sanctions against Moscow.

    The Puebla Group has launched an appeal for the reindustrialization of Latin America to counter the region's dependence on global inputs and imports.

  • Wednesday, March 30th 2022 - 09:59 UTC

    Cold winter and fuel shortages ahead for Argentina

    Vaca Muerta remains as one of the world's most promising profitable shale deposits, but with no investments and clear rules of the game...

    Argentina is on the world's top short list of countries with the largest reserves of gas, but given its political chaos, rabid nationalism and constant changes to the rules of the game, investors remain shy and Argentina will have to prepare for a cold austral winter and even fuel rationing as it's already happening with diesel, desperately needed to harvest summer crops and prepare the soil for summer sowing.

  • Wednesday, March 30th 2022 - 09:55 UTC

    Brazilian soybean crop down 10m tons from last year's record but processing plants anticipate a good year

    If the soybean export estimate is confirmed, the drop in volume from the 2021 record would be almost 10%

    Despite a reduction of 10.5 million tons from the original estimate, leaving total production well off the record of 138.8 million tons from 2021, the Brazilian Association of Vegetable Oil Industry did not change its processing forecast for this year, which is projected at 48 million tons with healthy margins in the manufacture of bran and oil.

  • Wednesday, March 30th 2022 - 09:53 UTC

    Gas: Bolivia advised to renegotiate with Brazil and sell more to Argentina

    The gas Bolivia should be selling to Argentina is in Brazil at a bargain price stemming from a deal signed by former President Áñez, Balanza explained.

    While the Bolivian state-run YPFB is yet to report on any progress regarding payment conditions with Brazil for gas sales or the signing of the sixth addendum to the export contract with Argentina, hydrocarbon analysts have insisted on the need to roundup these negotiations given the current situation stemming from Russia's invasion of Ukraine.

  • Wednesday, March 30th 2022 - 09:51 UTC

    Uruguayan exporters concerned over waning currency exchange

    President Lacalle Pou ruled out price controls

    The Uruguayan Exporters Union (UEU) Tuesday expressed its concern through a statement in light of a waning exchange rate between the local peso and the US dollar, which has reached its nadir for the past two years, thus adding to the “uncertainty” and “volatility in international markets.”

  • Wednesday, March 30th 2022 - 09:50 UTC

    Fertilizers from Iran and expanding the wheat area, priorities of Brazil's agricultural year

    Brazil consumes some 40 million tons of fertilizers annually, 85% of which imported, mainly from Russia (20%) and Eurasia (65%).

    Brazilian fertilizer stocks amount to at least 13 million tons, including the inputs that have been already internalized and the ones that have been ordered. The statement comes from David Roquetti Filho, a former board member of ANDA, Brazil's National Association for Fertilizer Diffusion, and currently an independent business consultant.