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MercoPress, en Español

Montevideo, January 15th 2025 - 08:38 UTC

Stories for 2023

  • Saturday, May 6th 2023 - 11:16 UTC

    Ecuador bonds in debt for nature swap includes promise to upgrade Galapagos Islands conservation

    With Ecuador in severe financial turmoil, the bonds were trading well below face value as investors considered non-repayment to be likely

    In a debt for nature swap, Credit Suisse has announced buying Ecuadorian bonds worth US$1.6 billion. With Ecuador in severe financial turmoil, the bonds were trading well below face value as investors considered non-repayment to be likely. Effectively, Ecuador has now bought its own debt back at a knock-down price via a fresh loan from Credit Suisse.

  • Saturday, May 6th 2023 - 11:03 UTC

    Labour landslide victory in council elections; Sir Keir, “we're on track to win next general election”

    Sir Keir claimed the “fantastic” results showed his party was well placed to oust the Tories from government in a general election, expected next year.

    Labour leader Sir Keir Starmer says his party is on track to win the next general election after the Tories were hammered in local polls across England, reports BBC. The Tories have lost 48 councils and more than 1,000 councilors, exceeding their worst predictions.

  • Saturday, May 6th 2023 - 11:00 UTC

    Latin America needs to take climate change seriously, says Moody's

    Brazil, Mexico, and Argentina are the leading CO2 emitters in the region, accounting for about 70 % of the GDP generated in the region

    According to a Moody's Analytics report published this week, Latin America will lose productivity to climate change if it does not take swift action. The document titled “Latin America under the risk of climate change” explained that governments, companies, and financial institutions should adopt preventive measures to reduce carbon emissions, in order to mitigate eventual damages caused by climate change.

  • Saturday, May 6th 2023 - 10:59 UTC

    No Argentine special delegation to Charles III Coronation; when Peron proposed UK the purchase of Falklands

    Peron government reportedly sought a long-term economic agreement with Britain, requiring them to renounce claims to the Falklands, according to 1984 UK documents cited by Argentine sources

    Contrary to all the pageantry, rituals, and displays of past Coronations in the United Kingdom, this time Argentina is sending no special, much less extraordinary delegation to the coronation of King Charles III on Saturday, and is limited to the attendance of its ambassador in London, Javier Figueroa.

  • Saturday, May 6th 2023 - 10:54 UTC

    Central Bank report corrects Argentina's inflation projections upwards

    For the next twelve months, the REM anticipates inflation will reach 146.5%.

    According to the Argentine Central Bank's (BCRA) Market Expectations Survey (Relevamiento de Expectativas de Mercado - REM) report published Friday, the panel of economists issuing that document has made an upward correction to their inflation forecasts for 2023, placing it at 126.4%, or 16.4 percentage points above April's projections, while last month's Consumer Price Index (CPI) is believed to be of 7.5%. The National Institute of Statistics and Census (Indec) will release the official data on May 12.

  • Saturday, May 6th 2023 - 10:51 UTC

    Peruvian Congress shelves case against Boluarte

    Forty-nine people have been killed by law enforcement officers since Boluarte took office on Dec. 7

    Despite this week's report by the Inter-American Commission on Human Rights (IACHR) condemning the killings of demonstrators, Peru's one-house Congress Friday decided to shelve the case against President Dina Boluarte and several cabinet members, it was reported in Lima.

  • Saturday, May 6th 2023 - 10:46 UTC

    Paraguayan controversial leader arrested for causing havoc

    Payo Cubas insisted his supporters should be ready to go to jail or die for their country

    Paraguay's National Police Friday arrested former Senator Paraguayo “Payo” Cubas, the National Crusade Party's (PCN) presidential candidate, who finished third in last Sunday's elections with nearly 23% of the votes, for sparking demonstrations nationwide denouncing electoral fraud.

  • Saturday, May 6th 2023 - 10:20 UTC

    Flight bookings to UK increased 149% for trips during Coronation of Charles III

    Globally, searches for international flights to the U.K. increased by 81% within 24 hours of the date of the King's Coronation being confirmed.

    When in October 2022, Buckingham Palace announced that the Coronation of King Charles III, would take place on Saturday, 6 May 2023, international flight bookings to the UK increased 149% for trips during those regal events.

  • Saturday, May 6th 2023 - 10:13 UTC

    Lula meets King Charles III the day before his coronation

    Britain pledged £ 80 million to Brazil's environmental cause

    Brazilian President Luiz Inácio Lula da Silva took part late Friday in a reception with about a thousand guests at Buckingham Palace in London, during which he exchanged a few moments with King Charles III on the eve of the latter's coronation, Agencia Brasil reported.

  • Saturday, May 6th 2023 - 10:10 UTC

    WHO announces end of Covid-19 “emergency of international concern”

    Countries must not, however, let down their guards, Doctor Tedros insisted

    The World Health Organization (WHO) Friday decided to declare “Covid-19 no longer a health emergency of international concern,” announced Director-General Tedros Adhanom Ghebreyesus, who added that the malady left “at least 20 million” people dead globally, which is almost threefold the official toll.