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MercoPress, en Español

Montevideo, January 21st 2025 - 07:29 UTC

Stories for December 21st 2024

  • Saturday, December 21st 2024 - 10:56 UTC

    Boric chooses brotherly approach after derogatory remarks from Argentine gov't

    “I prefer to speak positively,” Boric insisted

    After heavy criticism from the Argentine government of Javier Milei, Chilean President Gabriel Boric Font sought to calm down the diplomatic waters because heads of State “come and go but the people remain.” Boric also insisted that Argentina was “a brotherly” country.

  • Saturday, December 21st 2024 - 10:55 UTC

    Indec says Argentina's economy contracted 2.7% through October

    Milei says the recession is over

    A report released Friday by Argentina's National Institute of Statistics and Census (Indec) showed that the country's economic activity fell by 0.7% in October for an accumulated 2.7% interannual contraction in the first ten months of 2024, driven particularly by fishing (-49.9%) and construction (-14.5%) amid President Javier Milei's austerity plans which included halting all public works.

  • Saturday, December 21st 2024 - 10:17 UTC

    Milei relaunches Argentina's nuclear energy plan

    “We have the obligation to think big,” Milei insisted

    During a ceremony at Casa Rosada, Argentine President Javier Milei Friday launched his government's Nuclear Plan, which included the creation of an Argentine Nuclear Council, among other measures. “Nuclear energy will have its triumphant return,” insisted Milei, who also linked these projects to Artificial Intelligence's development. “We have the obligation to think big,” Milei also pointed out.

  • Saturday, December 21st 2024 - 10:13 UTC

    Brazil's Congress passes Constitutional Amendment regarding spending cuts

    ”Today we are delivering to Brazil savings of at least R$ 60 billion (around US$ 10 billion),” Senator Randolfe Rodrigues explained

    Brazil's Congress enacted Constitutional Amendment 135/24 regarding the fiscal spending cut package, Agencia Brasil reported. The new legislation stemming from the Proposed Amendment to the Constitution (PEC) 45/24 made changes to mandatory revenues and extended the Untying of Union Revenues (DRU) in a move to improve the federal government's fiscal balance, it was explained.