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MercoPress, en Español

Montevideo, April 19th 2024 - 13:14 UTC

Stories for 2023

  • Wednesday, July 12th 2023 - 20:39 UTC

    Brazilian June inflation reaches record low; interest rate fall anticipated in August

    The annual inflation rate is now below the bank’s 3.25% target for this year while underlying measures of inflation also saw drops on the month.

    Brazil’s annual inflation released on Tuesday showed consumer prices rose 3,16% year to year, down from 3,94% in May. This means annual inflation has dropped from the 12,13% peak in 2022 clearing the way for the central bank to begin cutting interest rates at its next meeting.

  • Wednesday, July 12th 2023 - 14:12 UTC

    Significant earthquake rocks southern Uruguay, experts confirm magnitude over 5.0

    Sánchez stated that the reason of an earthquake in Uruguay, despite the low risk, is due to the “reactivation of old faults”.

    The department (province) of Canelones, in southern Uruguay, experienced a significant earthquake measuring over 5.0 on the local magnitude scale, according to experts.

  • Wednesday, July 12th 2023 - 10:57 UTC

    Argentina: Javier Milei's party under investigation

    Milei is involved in the first case of an alleged sale of candidacies

    Argentine Judiciary authorities have launched a probe into allegations that the political party La Libertad Avanza of Deputy Javier Milei was charging up to US$ 50,000 for a slot on the ballot lists, it was reported in Buenos Aires.

  • Wednesday, July 12th 2023 - 10:45 UTC

    Pinochet, not a “President,” Chile's Lower House approves

    Pinochet's name should not be among those of the people who were elected President of Chile

    Chile's Lower House Tuesday passed a resolution striping late dictator Augusto Pinochet Ugarte from the title of “president” by 67 votes against 47 and 8 abstentions, it was reported in Santiago. The initiative should not pass to the Senate as it is a draft statement that also defines Pinochet as a “military and political figure” and his government (1973-1990) as an “authoritarian regime.”

  • Wednesday, July 12th 2023 - 10:22 UTC

    Number of Brazilians in debt on the rise

    For CNC President José Roberto Tadros, the Brazilian economy is going through a scenario of growing debt and default

    According to the monthly Consumer Indebtedness Survey (Peic) from the Brazilian National Confederation of Commerce of Goods, Services, and Tourism (CNC) released Tuesday, 78.5% of the families in South America's largest economy are indebted and behind in their payments, Agencia Brasil reported.

  • Wednesday, July 12th 2023 - 10:16 UTC

    Brazilian Justice Minister outlines Amazon Security Plan

    “What happens in the Brazilian Amazon is of national and global interest,” Dino said

    Brazil's Justice Minister Flávio Dino Tuesday announced that the government's Amazon Security Plan foresees 34 river and land bases and will involve the presence of different police forces, Agencia Brasil reported.

  • Wednesday, July 12th 2023 - 10:12 UTC

    Former Latin American presidents promote regional development

    It is crucial that we continue to work tirelessly, Wasmosy said during the event's opening ceremony

    At least 15 former Latin American presidents convened in Asunción for the two-day 2023 Latin American Forum of Ideas held at the South American Football Confederation's (Conmebol) Convention Center in Luque, Paraguay. The opening ceremony was attended by incumbent President Mario Abdo Benítez.

  • Wednesday, July 12th 2023 - 10:08 UTC

    Argentina: “Blue” dollar hits new record high

    Massa is regarded as someone who can bring on stability

    The “blue” (a euphemism for “black market”) dollar closed at AR$ 493 / AR$ 498 (buy / sale) Tuesday, hitting an all-time high following an AR$ 5 increase so far this week, it was reported in Buenos Aires financial circles. At some point Tuesday it reached AR$ 499.

  • Wednesday, July 12th 2023 - 10:05 UTC

    Former Manson Family member released from prison on parole after 53 years

    Van Houten was 19 at the time of her crimes

    Former Manson Family member Leslie Van Houten was released Tuesday on parole from a California prison after serving 53 years of a life sentence for murder, the State's Department of Corrections reported.

  • Tuesday, July 11th 2023 - 10:34 UTC

    Colombian Ambassador in Nicaragua marches in support of Daniel Ortega's regime

    The Colombian Government stated that this matter is being internally reviewed, along with possible actions against the ambassador, León Fredy Muñoz, for participating in political events.

    In the same week that a new ruling from the International Court of Justice (ICJ) in The Hague is expected regarding the longstanding maritime dispute between Colombia and Nicaragua, the Colombian ambassador in Nicaragua has ignited an unexpected political controversy. The Nicaraguan opposition shared a video on social media this Monday showing León Fredy Muñoz dressed in symbols of the Sandinista National Liberation Front (FSLN) in support of Daniel Ortega’s regime during a march on July 7th, commemorating the revolution that overthrew former dictator Anastasio Somoza.