MercoPress, en Español

Montevideo, January 4th 2025 - 15:25 UTC

Stories for December 2024

  • Tuesday, December 31st 2024 - 14:23 UTC

    Journal bought for Falklands Museum gives first-hand account of 1914 Battle

    A journal recently acquired at auction by the Friends of the Falklands Museum and Archives (FIMA Friends) gives a remarkable personal account of the 1914 Battle of the Falklands. The unique manuscript, illustrated with contemporary newspaper cuttings, reveals that, despite the appalling carnage, a strong sentiment of mutual respect survived.

    Add your comment!
  • Tuesday, December 31st 2024 - 10:55 UTC

    La Niña projected to take its toll in the Southern Cone

    La Niña is feared to cause considerable economic losses, mostly regarding agricultural outputs due to droughts but also considerable damage from excessive flooding. Photo: EFE/ Isaac Fontana

    Meteorologists foresee that the La Niña weather phenomenon will not go unnoticed in the Southern Cone next year after the Brazilian agency Metsul reported signs of unusual activity in the Pacific Ocean. The main impact will be reflected in mercurial temperatures, MetSul's warning noted.

    Add your comment!
  • Tuesday, December 31st 2024 - 10:30 UTC

    After hectic month, Paraguay's yearly inflation barely above 2023's

    The BCP aims to reach a 3.5% inflation by 2026

    Paraguay's Consumer Price Index (CPI) grew 0.7% this month, which represented a setback from 0.3% in the same month last year. Nevertheless, Asunción confirmed closing 2024 with a 3.8% inflation, barely over 2023's 3.7%, according to the Central Bank (BCP), and therefore within the target range of 4%, it was explained Monday. On a brighter note, core inflation stood at 0.3% in December for a yearly variation of 3.4%, which meant progress from the 3.6% registered in 2023.

    Add your comment!
  • Tuesday, December 31st 2024 - 10:20 UTC

    Venezuelan FM speaks the worst about his Argentine colleague

    Werthein was included as a person of interest in the investigation into Nahuel Gallo's arrest by Caracas on espionage charges

    Venezuela's Foreign Minister Yván Gil told his Argentine colleague Gerardo Werthein on social media he had “no morals to talk about Venezuela” and insisted that the latter's true legacy lay “in the fortunes amassed in the shadow of any opportunist government and under the complicity of the darkest dictatorship that devastated Argentina.” Gil also insisted that Buenos Aires' “terrorist plans” had ”failed categorically, just as any attempt to impose their hypocrisy and arrogance on us will fail.

    Add your comment!
  • Tuesday, December 31st 2024 - 09:43 UTC

    Five suspects arraigned in death of former One Direction's Liam Payne

    Payne is believed to have consumed a mixture of alcohol, pink cocaine, MDMA, ketamine, and the antidepressant sertraline prior to falling from the balcony

    Argentine prosecutors Monday arraigned 5 people in connection with the Oct.16 death of former One Direction's British singer Liam Payne in Buenos Aires, which was ruled not a suicide.

    Add your comment!
  • Monday, December 30th 2024 - 23:13 UTC

    Brazil's financial markets adjust 2025 projections for the worse

    The BCB's Focus Bulletin maintained its forecast for the Selic basic interest rate of 14.75% per annum in 2025

    Monday's issue of Brazil's Central Bank's (BCB) Focus Bulletin twitched last week's 2025 slightly for the worse, with higher inflation and a smaller Gross Domestic Product (GDP), Agencia Brasil reported. The study showed that the Broad Consumer Price Index (IPCA) should end 2025 at 4.96% from the 4.86% forecast last week. It was the 11th adjustment to the inflation projection and the ninth to the exchange rate between the local real and the US dollar.

    1 comment
  • Monday, December 30th 2024 - 22:37 UTC

    Paraguayan gang believed to be behind Misiones cop murder

    Miñarro was killed with three shots ti his head

    The town of Eldorado in the Argentine province of Misiones dawned Monday with a commando-style group -reportedly of Paraguayan origin- storming at around 7 am into the Gendarmería Nacional Regional Unit III inside the local aeroclub killing Misiones Police Corporal Mauricio Miñarro with three shots in the head. Two FAL rifles and two 12-70 shotguns were stolen in the raid.

    Add your comment!
  • Monday, December 30th 2024 - 10:58 UTC

    Hard times ahead for Lula and Brazilian Real, the most devalued currency in 2024

    Lula da Silva recovering from head injuries and surgery

    US dollar expectations in the Brazilian market are beating forecasts having reached R$ 6.30 in December, (from 4.85 in January 2024) making the Brazilian Real one of the largest currencies of emerging countries, as the most devalued during 2024, despite the Central Bank pumping some US$ 17 billion to the market hoping to contain the slide.

    7 comments
  • Monday, December 30th 2024 - 10:51 UTC

    Azerbaijan Airlines E-190's back boxes sent to Brazil

    Kazakhstan authorities decided to send the black boxes to Brazil's Cenipa for analysis

    Authorities said that the black boxes of the Brazilian-built Embraer 190 Azerbaijan Airlines jet that crashed on Wednesday in Kazakhstan will be sent to the manufacturing country's aviation watchdog to further investigate the causes of the accident near Aktau, a port on the Caspian Sea in western Kazakhstan, far from the aircraft's planned route.

    1 comment
  • Monday, December 30th 2024 - 10:43 UTC

    WaPo says Paraná Waterway riddled with drug trafficking

    Drug trafficking would go from airstrips in Bolivia to Paraguay and then on to the River Plate, the Washington Post explained

    The Paraguay-Paraná Waterway channeling myriads of tons of cargo every year is one of the leading passages of cocaine shipments bound for Hamburg and Antwerp, among other destinations, the Washington Post reported. It runs for more than 3,300 kilometers, connecting at least 150 ports in five countries. It is arguably the most important river trade route on the continent.

    Add your comment!
Previous