Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 21st 2024 - 20:25 UTC

Stories for March 14th 2023

  • Tuesday, March 14th 2023 - 13:51 UTC

    Following the failure of Silicon Valley Bank, the Fed and BoE have issued statements

    Following the failure of Silicon Valley Bank, the Fed and BoE have issued statements

    The Federal Reserve Board on Monday announced that Vice Chair for Supervision Michael S. Barr is leading a review of the supervision and regulation of Silicon Valley Bank, in light of its failure. The review will be publicly released by May 1.

  • Tuesday, March 14th 2023 - 10:25 UTC

    Little has changed since the referendum, MLA Pollard tells Clarín

    “I think we are being used as a distraction” by the Argentine government, Pollard told Clarín

    Marking the 10th anniversary of the Falklands Islands referendum regarding self-determination, MLA Mark Pollard was interviewed by Buenos Aires' Clarín to discuss that consultation and other topics regarding current events involving the South Atlantic overseas territories.

  • Tuesday, March 14th 2023 - 10:13 UTC

    Uruguay to up border controls in fight against drug trafficking

    “Controls at ports and border crossings are fundamental,” Arbeleche said

    Uruguayan Customs authorities are to deploy three new state-of-the-art scanners for border control, Economy and Finance Minister Azucena Arbeleche announced Monday during the opening of the VIII Regional Meeting of the Global Container Program for Latin America and the Caribbean. The plan is an initiative of the United Nations Office on Drugs and Crime and the World Customs Organization.

  • Tuesday, March 14th 2023 - 09:52 UTC

    Biden says US banking system safe after Silicon Valley Bank collapse

    The FDIC also closed the New York-based Signature Bank

    US President Joseph Biden said his country's banking system was “safe” in the aftermath of last week's collapse of Silicon Valley Bank, a California financial giant specialized in the technology sector. Biden insisted Monday that Americans can “trust that the banking system is safe,” and said he would seek to move forward with stronger regulations.

  • Tuesday, March 14th 2023 - 09:48 UTC

    Brazil: De Moraes insists social media platforms are communication companies

    Freedom of expression is not freedom of aggression, De Moraes argued

    Brazilian Supreme Federal Court (STF) Justice Alexandre De Moraes insisted Monday that social media platforms should be likened to communication and advertising companies so that they can be held accountable.

  • Tuesday, March 14th 2023 - 09:43 UTC

    Australia to purchase US nuclear submarines as AUKUS grows stronger

    Starting in 2027, the US and UK plan to station submarines in Australia on a rotating basis

    Prime Ministers Anthony Albanese of Australia and Rishi Sunak of the United Kingdom joined US President Joseph Biden Monday at a San Diego naval base to discuss the terms under which the South Pacific Island will purchase nuclear-powered submarines as part of the AUKUS defense strategy to neutralize China's expansion in the region.

  • Tuesday, March 14th 2023 - 09:38 UTC

    Amazon fires grip 90% of the area in first two months of 2023

    According to a report issued Monday by the Fire Monitor, an initiative of the Annual Mapping Project of Land Use and Land Cover in Brazil (MapBiomas) in partnership with the Amazon Environmental Research Institute (IPAM), the Amazon biome concentrated 90% of its areas with fires, representing 487,000 hectares. In the first two months of 2022, the area totaled 654,000 hectares. In the country's six biomes - Amazonia, Caatinga, Cerrado, Atlantic Forest, Pampa, and Pantanal - there were fires over 536,000 hectares.