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MercoPress, en Español

Montevideo, January 13th 2025 - 06:06 UTC

Stories for 2023

  • Saturday, April 22nd 2023 - 10:54 UTC

    Argentina: How did the President's announcement hit the foreign exchange market?

    It was the second consecutive day of acquiring dollars for the BCRA.

    President Alberto Fernández's announcement Friday that he would not seek reelection this year triggered the US dollar further up against the Argentine peso, reaching AR$437 / AR$442 (buy/sale) at the “blue” (a euphemism for “black market”) exchange rate. Meanwhile, the official rate stood at AR$217/AR$225 (buy/sale), for a gap of 102.26% between the two quotations.

  • Saturday, April 22nd 2023 - 10:49 UTC

    Why was Lula not quite welcome in Lisbon?

    Brazil's President landed in Portugal on an official visit seeking to reverse the isolation from the Bolsonar years

    Brazilian President Luiz Inácio Lula da Silva Friday landed in Lisbon for the first stop of his European tour seeking to overcome the isolation the South American country sank into under Jair Bolsonaro. However, it was not all cheers and smiles following his remarks regarding Ukraine and Russia, whom he both blamed for starting the current war.

  • Saturday, April 22nd 2023 - 10:41 UTC

    Uruguayan banks and transport announce 24-hour strike for when?

    The proposed reforms are “a mere patch that the new technological realities and the labor world will make obsolete in a very short time,” AEBU argues

    Uruguayan public transport drivers and bank clerks will stage a 24-hour nationwide strike to protest against President Luis Lacalle Pou's attempt to reform the country's pension system and increase the retirement age, which is causing concern, particularly when such a move was something the head of state had vowed during his campaign that he would not seek.

  • Saturday, April 22nd 2023 - 10:24 UTC

    Brazil: No secrecy on Jan. 8 riots footage, De Moraes rules

    De Moraes insisted the investigation involves all rioters and also all civilian and military public agents who looked the other way

    Brazilian Supreme Federal Court (STF) Justice Alexandre De Moraes Friday ruled to lift the seal of secrecy from images of vandalism recorded during the Jan. 8 riots in the Planalto Palace, Agencia Brasil reported. The magistrate's decision is part of the STF investigation into the coup d'état investigation.

  • Saturday, April 22nd 2023 - 10:20 UTC

    Former President Toledo due in Lima Sunday to stand trial

    Toledo faces up to 20 years in prison if convicted

    Former Peruvian President Alejandro Toledo turned himself in to US authorities Friday and is to remain in custody pending his extradition to the South American country, which is scheduled for Sunday on a commercial flight to Lima, where he will be housed at the Barbadillo prison alongside his former colleagues Alberto Fujimori and Pedro Castillo.

  • Friday, April 21st 2023 - 15:11 UTC

    Argentine President Fernández won't seek another term: “We did not achieve everything”

    “We did not achieve everything we set out to do. We are hurt by the families living in poverty, the low incomes, the projects and dreams that could not come true,” Fernández noted.

    President Alberto Fernández of Argentina announced in a video message on his social media that he will not seek re-election in the upcoming presidential elections. In his message titled “My decision,” Fernández admitted the main problems of his government's management and described the defeats in economic matters of his administration.

  • Friday, April 21st 2023 - 10:45 UTC

    Uruguayan agricultural emergency extended until when?

    The problem of water deficit started “quite some time ago,” Mattos pointed out

    Uruguayan authorities Thursday announced the current declaration of agricultural emergency will be extended until September from April 24.

  • Friday, April 21st 2023 - 10:41 UTC

    Chile announces national lithium strategy

    “I have no doubt that we can do it well,” Boric said. Photo: GETTY IMAGES

    Chilean President Gabriel Boric Font Thursday launched a new state lithium policy which includes the creation of the National Lithium Company and the participation of private companies in new developments. Chile is the world's second-largest lithium producer, behind Australia.

  • Friday, April 21st 2023 - 10:35 UTC

    Petro meets Biden at the White House and asks for help fighting drug trafficking

    Colombia will not provide any military support to either Russia or Ukraine, Petro also said

    During a meeting Thursday at the White House, Colombian President Gustavo Petro asked his US colleague Joseph Biden for more boats, drones, and ships to stop drug traffickers in the South American country because so far such a war has “failed.”

  • Friday, April 21st 2023 - 10:08 UTC

    Except for Argentina, the ECLAC study highlights that in the region “inflationary pressures have slowed down”

    Except for Argentina, the ECLAC study highlights that in the region “inflationary pressures have slowed down.”

    According to an ECLAC (Economic Commission for Latin America and the Caribbean: an organization of the United Nations that supports trade and economic growth in Latin America and the Caribbean) study released Thursday, Latin America's growth for the year 20023 was forecast to be averaging 1.2%.