Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 17th 2024 - 20:47 UTC

Stories for May 13th 2023

  • Saturday, May 13th 2023 - 10:58 UTC

    Argentina: April's monthly inflation set at 8.4%

    Prices go up “just in case,” President Fernández explained before the Indec announced April's results

    Argentina's National Institute of Statistics and Census (Indec) Friday announced that inflation for the month of April of 2023 was 8.4%, way above all projections. Interannually, the Consumer Price Index (CPI) reached 108.8% and the accumulated variation in the first four months of the year was 32%. It is the highest monthly inflation since April 2002 (10.4%) and the highest year-on-year figure since 1991. Since Alberto Fernández took office in December 2019, prices increased 448%.

  • Saturday, May 13th 2023 - 10:56 UTC

    Brazil: United Nations representative speaks of indigenous genocide

    “My role is only to show the risks, but not to solve them,” said Alice Wairimu Nderitu

    United Nations (UN) envoy Alice Wairimu Nderitu completed her mission in Brazil Friday after 11 days during which she investigated cases of violence committed against indigenous people, Afro-descendants, and other vulnerable groups, Agencia Brasil reported.

  • Saturday, May 13th 2023 - 10:50 UTC

    UN envoy warns of crisis caused by “Chilean Chernobyl”

    “It is completely unacceptable that children and young people in some communities are growing up without a reliable supply of water,” Boyd said

    David Boyd, the United Nations (UN) envoy for human rights and the environment, warned that Chile is facing a “frightening and interconnected environmental crisis” that is violating the rights of millions of people at the industrial complex known as the “Chilean Chernobyl.”

  • Saturday, May 13th 2023 - 10:35 UTC

    Repression in Nicaragua on the rise

    Anyone criticizing the government of Ortega can be arrested for treason

    The Nicaraguan regime of President Daniel Ortega and his Vice President wife Rosario Murillo ordered new arrests of journalists and activists for “treason,” it was reported this week. The country's judiciary also banned a group of 25 lawyers and notary publics from practicing because they were stripped of their Nicaraguan citizenship.

  • Saturday, May 13th 2023 - 10:31 UTC

    Lithium exporters announce huge merger in Argentina

    Allkem shareholders will own approximately 56% and Livent shareholders will own approximately 44% of NewCo, it was announced

    Argentina's two only lithium exporters -Allkem (Australia) and Livent (LTHM)- have announced a multi-billion dollar merger. The companies operating in Catamarca and Jujuy will launch a new company valued at US$10.6 billion, it was reported.

  • Saturday, May 13th 2023 - 10:00 UTC

    Linda Yaccarino is Twitter's new CEO as Elon Musk steps down

    Yaccarino will have to deal with the fallout that has taken place since Musk's arrival, including an exodus of advertisers

    According to the Washington Post, Linda Yaccarino has been chosen to succeed tycoon Elon Musk as CEO of Twitter. She was working as president of global advertising and partnerships at NBCUniversal. The announcement comes the day after Musk said he would be stepping down and that he will move into the role of executive chairman and CTO (chief technology officer). In December, Musk asked his Twitter followers if he should step down as CEO and 57.5% said yes.