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MercoPress, en Español

Montevideo, January 15th 2025 - 00:15 UTC

Stories for 2023

  • Thursday, May 4th 2023 - 10:10 UTC

    US Fed raises interest rate yet again

    Further rate increases by the Federal Reserve may lead to recession, it is feared

    The US Federal Reserve Wednesday upped its benchmark interest rate by a quarter point to between 5% and 5.25%, its highest level in 16 years, which further tightened credit for businesses and consumers, it was announced.

  • Wednesday, May 3rd 2023 - 14:43 UTC

    Drones crash into Kremlin, Russia accuses Ukraine of attempted Putin's assassination

    Ukraine claims that this could be a false flag attack to justify a Russian escalation. “Russia is preparing a large-scale terrorist attack” warned the advisor to the Ukrainian presidency

    The Kremlin announced on Wednesday that its HQ had been targeted for the first time in the war unleashed against Ukraine. At least two drones reportedly attempted to strike the residence of President Vladimir Putin but were shot down by the residential complex's anti-aircraft defenses, it was reported by the presidential press service.

    Drones crash into Kremlin, Russia accuses Ukraine of attempted Putin's assassination

  • Wednesday, May 3rd 2023 - 11:55 UTC

    Lula promises to help his “friend” Alberto Fernández

    Alberto may fly back to Argentina calmer, Lula said. “It is true that without any money, but with a lot of political disposition...”

    Argentine President Alberto Fernández Tuesday thanked his Brazilian colleague Luiz Inácio Lula da Silva for the latter's commitment to helping Argentine overcome the current crisis: “I celebrate the explicit support that Lula has given us as a country and as a government,” Fernández said after the meeting at the Alvorada Palace. He also highlighted Lula's pledge to strengthen Brazilian exports and support negotiations with the International Monetary Fund (IMF).

  • Wednesday, May 3rd 2023 - 11:26 UTC

    Chile keeps track of the Chinese jigger fleet crossing from the Atlantic to the Pacific

    A Chilean navy officer shows the trajectory of some of the Chinese jiggers as they move along the Pacific coast

    The Chilean Navy and the country's National Fisheries Service, Sernapesca, reported that they are keeping track of the “devastating” Chinese fleet sailing from the Atlantic to the Pacific oceans and currently sailing north along the Chilean coast line, after ending its squid season.

  • Wednesday, May 3rd 2023 - 11:23 UTC

    Chile's March economic activity indicator contracts 2,1%, with the largest falls in mining and manufacturing

    This is also the second month running economic contraction and the largest fall since last November when the Chilean economy collapsed minus 3,3%.

    Chile's monthly economic activity indicator, Imacec, contracted in March 2,1% compared to the same month in 2022, according to the latest report from the country's Central Bank. The indicator is located in the pessimist area of analysts' expectations who were anticipating a drop of minus 1,7% to minus 2%, following the latest reports of industrial production and commerce activity during March. This is also the second-month running contraction and the largest fall since last November when the Chilean economy collapsed minus 3,3%.

  • Wednesday, May 3rd 2023 - 11:20 UTC

    “Super May”: Eight Kirchnerite provinces advance local elections to avoid October debacle

    All eight elections will be held in the first two Sundays of May, some with electronic votes, others with the more traditional envelope ballots.

    With the Argentine government of Alberto Fernandez and Cristina Fernández de Kirchner in total disarray, the economy in shambles and with no hard currency, while a top delegation travels the world, China, Brazil, the US, and the IMF begging for fresh funds, several Argentine provinces are holding their local elections for governor and lawmakers, un hooked from the national presidential event next October.

  • Wednesday, May 3rd 2023 - 11:13 UTC

    Deforestation controversy: despite EU landmark legislation, Brazil will keep to its own legal system

    Former agriculture minister Roberto Rodriguez said the law amounted to a non-tariff trade barrier, calling it “exaggerated protectionism.”

    Brazil’s government said it could not interfere with a landmark EU law banning imports of commodities linked to deforestation but will keep farming according to its own laws. The law approved by the European Parliament on April 19 bans imports of coffee, beef, soy, palm oil, cocoa, rubber, wood, charcoal and derived products including leather, chocolate and furniture if they are linked to forest destruction.

  • Wednesday, May 3rd 2023 - 11:03 UTC

    ELN, Colombian gov't resume talks in Havana

    “We reaffirm our country's willingness to contribute to the success of this century of dialogues,” Cuban Foreign Minister Bruno Rodríguez explained

    The Government of Colombia and the National Liberation Army (ELN) guerrilla group Tuesday resumed peace talks in Havana, Cuba, while President Gustavo Petro is on a tour of Spain.

  • Wednesday, May 3rd 2023 - 10:58 UTC

    Shortage of rain water threatens Panama Canal crossings forcing ships to reduce their draft and cargoes

    Alhajuela and Gatún are the two artificial lakes in the Caribbean province of Colón that supply water to the canal, and both have been affected by the drought

    Insufficient rainfall has once again forced the Panama Canal to reduce the draft of ships crossing through the inter-oceanic route – another episode of the water supply crisis that threatens the future of the maritime course that handles 6% of global maritime trade

  • Wednesday, May 3rd 2023 - 10:56 UTC

    UK expected to reopen Brazilian poultry imports at the latest in June, minister Fávaro

    According to the European Food Safety Authority (EFSA), the continent is witnessing its biggest avian flu outbreak, with 37 nations affected and 2,540 cases in commercial poultry establishments

    With no new shipments since 2017, Brazilian poultry exports to the UK are set to be re-launched this year, announced Minister of Agriculture Carlos Fávaro at an agribusiness seminar in São Paulo last week.