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MercoPress, en Español

Montevideo, December 17th 2024 - 03:54 UTC

Stories for August 2024

  • Friday, August 2nd 2024 - 08:44 UTC

    Maduro says maximum security prisons await protesters

    Maduro also joked that the incarcerated protesters should be put to work to “build more roads”

    Venezuelan President Nicolás Maduro announced Thursday that two maximum security prisons were to be refurbished in haste to house and “reeducate” the political opponents of his regime who were arrested during the recent protests following his fudgy reelection last Sunday.

  • Friday, August 2nd 2024 - 08:44 UTC

    Milei and Macri meet at Olivos presidential residence

    Macri said at a rally that he would still support Milei but PRO and LLA would not merge

    Argentine President Javier Milei welcomed former head of state Mauricio Macri (2015-2019) at the Olivos residence. The private encounter lasted about four hours. No information was released about the issues discussed but Spokesman Manuel Adorni said it was “a meeting of friends.” According to local media, it was a follow-up on the talks they held on July 8 and 9 in Tucumán during the signing of the so-called May Pact.

  • Thursday, August 1st 2024 - 23:00 UTC

    Petrobras increases yoy output in 2Q of 2024

    A milestone for Petrobras milestones in this quarter was the arrival of the Marechal Duque de Caxias FPSO vessel platform

    Brazil's State-run company Petrobras posted this week a 2.4% interannual increase in oil and natural gas output in the second quarter of 2024, with 2.7 million barrels of oil equivalent per day (boed) thanks to improving performances at five sea platforms and 12 wells, eight of them in the Campos Basin and four in the Santos one. However, compared to this year's first quarter of this year, average production fell 2.8% due to maintenance shutdowns and the natural decline of mature fields.

  • Thursday, August 1st 2024 - 21:03 UTC

    Brazilian flag flies over Argentine Embassy in Caracas

    Brazil is also representing Peruvian interests in Venezuela

    The Brazilian flag was hoisted Thursday at the Argentine Embassy in Caracas, where six Venezuelan asylum seekers were left behind by the departing diplomatic team.

  • Thursday, August 1st 2024 - 10:50 UTC

    Falklands stands down on Argos Georgia missing crewmembers recovery

    Vessels travelling the datum area over the coming weeks are being encouraged to look out for any signs of those still missing or debris and report them to FIMA

    On Wednesday 31 July 2024, the Falkland Islands Government formally stood down the recovery efforts to locate the missing crew members following the loss of the fishing vessel Argos Georgia. This follows consideration of all circumstances and in line with all international requirements.

  • Thursday, August 1st 2024 - 10:06 UTC

    Musk agrees to fight Maduro “mano a mano”

    I'll take you on your ride to Mars offer “but you're coming with me,” Maduro said

    Tycoon Elon Musk Wednesday accepted Venezuelan President Nicolás Maduro's challenge to engage in a fistfight. “If I win, he resigns as dictator of Venezuela,” the Tesla CEO said in his reply. If defeated, Musk -whose company SpaceX has launched numerous satellites into orbit- also offered to give Maduro a free ride to Mars.

  • Thursday, August 1st 2024 - 09:11 UTC

    Brazil representing Argentine interests in Caracas

    The fate of the six opposition asylum-seekers is yet to be known when the Argentine Embassy is vacated

    Brazil's diplomatic mission in Caracas will be representing Argentina's interests starting Thursday at 9 am local time after the Venezuelan regime of President Nicolás Maduro expelled Buenos Aires' delegation given President Javier Milei's decision not to recognize the results of the elections announced last Sunday whereby the incumbent head of state would have been chosen for the 2025-2031 term.

  • Thursday, August 1st 2024 - 09:07 UTC

    Brazil's Copom keeps Selic unchanged

    Most analysts concurred that there were uncertainties regarding the fiscal deficit

    Brazil's Central Bank (BCB) Monetary Policy Committee (Copom) unanimously agreed Wednesday to keep the Selic basic interest rate at 10.5% per year, Agencia Brasil reported. The measure followed through on June's decision to stop the downward cycle that spanned from August last year until March this year, during which the Selic was lowered by 0.5 percentage points at each meeting until in May it was 0.25 percentage points.

  • Thursday, August 1st 2024 - 09:06 UTC

    OAS fails to pass resolution calling for transparency in Venezuela

    The Organization of American States (OAS) Permanent Council was one vote short Wednesday of passing a resolution to demand that Venezuelan electoral authorities publish the minutes of each voting table which would prove there was no fraud last Sunday when the incumbent Nicolás Maduro had been lawfully chosen for the 2025-2031 term.

  • Thursday, August 1st 2024 - 07:48 UTC

    US Fed keeps rates unchanged; chair Powell believes a cut rate “could be on the table in September”

    Fed's Powell seeking a delicate balance, keeping rates high enough quell inflation, but also wants to avoid keeping borrowing costs so high that it triggers a recession.

    The Unites States Federal Reserve on Wednesday, following on a two day meeting (July 30/31) kept the key interest rate unchanged at a 23 year high of 5,3%, but chairman Jerome Powell said that the stage was set for the central bank's first rate cut in four years. With lower inflation and a cooler jobs market, this could happen at the next FOMC meeting in September.