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MercoPress, en Español

Montevideo, December 17th 2024 - 05:38 UTC

Stories for August 2024

  • Saturday, August 3rd 2024 - 09:45 UTC

    Montevideo says González Urrutia won but still not president-elect

    Appointing the president-elect “is a formal process that has not yet taken place,” Paganini explained

    Uruguayan Foreign Minister Omar Paganini said Friday that there was an “overwhelming amount of information” whereby opposition candidate Edmundo González Urrutia may be considered the winner of Sunday's elections. However, Montevideo could not recognize him as president-elect because that legal procedure was up to the Venezuelan authorities.

  • Saturday, August 3rd 2024 - 09:40 UTC

    Argentina decrees 63% hike on Paraná-Paraguay Waterway tolls

    The new price was set taking into account the CPI over the last 22 years, it was explained

    The Argentine administration of President Javier Milei decreed a 63% hike in the tolls collected from barges sailing through the Paraguay-Paraná Waterway effective this month. The adjustment set a new price of US$ 4.98 (from the previous US$ 3.06) per Net Register Ton (NRT). The figure is projected to reach US$ 6.04 per TRN in 2027.

  • Saturday, August 3rd 2024 - 09:36 UTC

    Paraguay and Argentina sign “Open Skies” MOU

    “This tool is unprecedented for Paraguay, and now we must learn to use it,” Chávez said

    Paraguay signed a memorandum of understanding (MOU) with Argentina to join the latter's “open skies” policy which would allow airlines of each country to operate domestic routes within the other provided flights have a point of origin and a final destination in the carrier's nation. The initiative seeks to boost tourism and attract further investments. In addition to Paraguay, Argentina already has similar agreements with Brazil, Chile, Peru, Ecuador, Uruguay, Panama, and Canada.

  • Saturday, August 3rd 2024 - 09:13 UTC

    Mercado Libre tops ranking of LatAm companies

    “We had to do it... and we did it,” Galperín wrote on X after celebrating the company's 25th anniversary

    Mercado Libre, the company founded by Argentine entrepreneur Marcos Galperin, once again became the most valuable in Latin America with a market price exceeding US$ 90 billion, thus outperforming Petrobras (US$ 87.64 billion), Itaú (US$ 56.5 billion) and Walmart Mexico (US$ 54.95 billion).

  • Friday, August 2nd 2024 - 21:57 UTC

    González Urrutia thanks US for Blinken's acknowledgment

    María Corina Machado went into hiding in fear for her life

    Venezuelan opposition candidate Edmundo González Urrutia Friday thanked the US Government of President Joseph Biden for recognizing him as president-elect despite the National Electoral Council (CNE) in Caracas granting victory to the incumbent Nicolás Maduro.

  • Friday, August 2nd 2024 - 21:26 UTC

    Argentine FM recognizes González Urrutia's win

    Despite Mondino's posting on X, Buenos Aires will postpone a statement until the safety of the asylum-seekers is secured

    Argentine Foreign Minister Diana Mondino said opposition candidate Edmundo González Urrutia had won Sunday's presidential elections in Venezuela. “Without any doubt, he is the legitimate winner and President-elect,” she stressed on X in defiance of the National Electoral Council's (CNE) announcement in Caracas assuring the incumbent Nicolás Maduro had triumphed.

  • Friday, August 2nd 2024 - 11:57 UTC

    Bank of England cuts basic rate to 5% in divided vote; monetary policy will continue restrictive

    Andrew Bailey, Chair of the Bank of England, admitted that the fall in interest rates was “not mission accomplished yet”.

    The Bank of England Monetary Policy Committee, MPC at its meeting ending on 31 July 2024, voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 5%. Four members preferred to maintain Bank Rate at 5.25%.

  • Friday, August 2nd 2024 - 11:24 UTC

    PM Keir Starmer and Lula da Sila confirm close relations between Brazil/ UK 

    Sir Keir Starmer and Lula da Silva

    United Kingdom Prime Minister Keir Starmer spoke with Brazilian President Lula da Silva this week. The Brazilian President warmly welcomed the Prime Minister’s recent election victory, and the leaders discussed the close areas of collaboration between the UK and Brazil, including on climate and nature. 

  • Friday, August 2nd 2024 - 10:55 UTC

    US says González Urrutia won the Venezuelan elections

    The State Secretary recalled that the results announced by the opposition would corroborate the exit polls and the conclusions of independent observers

    US Secretary of State Antony Blinken admitted Thursday that opposition candidate Edmundo González Urrutia had won Sunday's elections in Venezuela despite the National Electoral Council (CNE) announcing that the incumbent Nicolás Maduro had prevailed with 51.2% of the vote to 44.2%.

  • Friday, August 2nd 2024 - 10:19 UTC

    Chile's Central Bank keeps TPM interest rate unchanged

    The TPM is thus expected to keep dropping “during the monetary policy horizon” but not now, the bank insisted

    Chile's Central Bank decided this week to keep the monetary policy interest rate (TPM) unchanged at 5.75%, it was announced in Santiago after Wednesday's monthly Council meeting during which July's 0.25% lowering from 6% was upheld.