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MercoPress, en Español

Montevideo, December 22nd 2024 - 06:49 UTC

Stories for December 2023

  • Thursday, December 14th 2023 - 12:07 UTC

    Can Brazil stop Venezuela from invading Guyana?

    President Lula da Silva with his neighbor Nicolás Maduro

    By Thiago de Aragão (*) The Brazilian government, eager to assert itself as South America’s preeminent power, finds itself at a crossroads. The victory of libertarian opportunist Javier Milei in Argentina’s recent presidential election has added a new element of uncertainty to Brazil’s relationship with its southern neighbor.

  • Thursday, December 14th 2023 - 11:24 UTC

    “Frustration and dismay” over Falklands Exco ITQ fees decision for 2024

    ”Until now, the impact of FIGs rash and irresponsible decision making has been masked by unusually favorable economic conditions in the Loligo and toothfish fisheries.

    The following release refers to a piece published in the Penguin News, December 8/2023, page 3, “Catches and changes to ITQ fees at Fisheries meeting”. The Falkland Islands Fisheries Companies Association, FIFCA note with dismay and real concern the announcement regarding ITQ fees for 2024.

  • Thursday, December 14th 2023 - 10:59 UTC

    Ties between Brazil and Argentina to remain despite ideological differences, FM says

    The bilateral relationship will continue well beyond the fact that Lula did not attend Milei's inauguration, Vieira explained

    Brazil intends to keep a good relationship with Argentina despite the ideological differences between the governments of Javier Milei and Luiz Inácio Lula da Silva, Foreign Minister Mauro Vieira told the Lower House's Foreign Affairs Committee on Wednesday.

  • Thursday, December 14th 2023 - 10:50 UTC

    COP28 ends up in strong declaration to phase out fossil fuels

    “This is neo-colonialism called carbon colonialism,” Bolivia's Diego Pacheco warned

    Attendees at the closing plenary session of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) reached a final consensus to speed up climate action, it was announced. “It is a strengthened and balanced package,” COP28 President Sultan Ahmed Al Jaber explained. The document also mentioned the gradual suppression of fossil fuels.

  • Thursday, December 14th 2023 - 10:48 UTC

    Lula insists a ceasefire in Gaza is urgently needed

    “Brazil continues to mourn the tragic conflict between Israel and Palestine,” said Lula

    Brazilian President Luiz Inácio Lula da Silva Wednesday decried the “daily violation” of human rights by the Israeli forces in Gaza and called for a “permanent ceasefire”.

  • Thursday, December 14th 2023 - 10:20 UTC

    US House to move on with Biden's impeachment process

    Biden said it was all a “baseless political stunt”

    The United States House of Representatives voted 221-212 strictly along party lines Wednesday to launch a preliminary probe into the possible causes for the impeachment of President Joseph Biden, Speaker Mike Johnson announced in Washington DC.

  • Thursday, December 14th 2023 - 10:09 UTC

    Argentina: CPI 12.8% up in November and 160.9% YoY

    JP Morgan foresees a slow recovery next year

    Argentina's National Institute of Statistics and Census (Indec) released a report Wednesday stating that the Consumer Price Index (CPI) for November 2023 went up 12.% for a total of 148.2% so far this year and an interannual increase of 160.9%. November's figures represented a strong jump from October's 8.3%.

  • Thursday, December 14th 2023 - 10:01 UTC

    Milei's LLA gets to appoint 2nd in line to Casa Rosda lawmaker

    Villarruel was praised for brokering a majority vote with no help from Peronism

    President Javier Milei's La Libertad Avanza (LLA) Wednesday managed to get Senator Bartolomé Abdala from the province of San Luis elected Provisional Speaker of the Upper House. The lawmaker thus became second in line to the Casa Rosada behind Vice President Victoria Villarruel, who was praised for her political skills brokering a majority with no help from Peronism to garner 39 votes in favor of Abdala and 29 abstentions with no negative voices.

  • Wednesday, December 13th 2023 - 10:59 UTC

    Argentina: Devaluation and austerity measures announced

    “There is no money to pay for works that often end up in the pockets of politicians and businessmen,” Caputo argued

    Argentina's Economy Minister Luis Toto Caputo Tuesday admitted people would be worse off for a couple of months while announcing in a recorded message the new measures adopted by the administration of President Javier Milei to bounce back from the deep crisis.

  • Wednesday, December 13th 2023 - 10:58 UTC

    Thumbs up from the IMF to Argentina's policy changes

    Georgieva said Toto Caputo's measures were “an important step toward restoring stability and rebuilding the country's economic potential”

    After Argentina's Economy Minister Luis Toto Caputo announced Tuesday in Buenos Aires a series of measures to tackle inflation, the Communications Director of the International Monetary Fund (IMF) Julie Kozack said in a statement that “these strong initial actions aim to significantly improve public finances in a way that protects the most vulnerable in society and to strengthen the exchange rate regime.”