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MercoPress, en Español

Montevideo, January 8th 2025 - 00:25 UTC

Stories for December 2024

  • Saturday, December 7th 2024 - 10:46 UTC

    Argentine wheat exports reached 7.65 million tons and hopefully 12.5 million tons for 24/25 season

    Argentine wheat production forecast for 2024/25 is 18.8 million tons, even with weak prices

    Despite the drop in international prices for wheat, Argentina ended the sale of the 2023/24 season with some 7,65 million tons exported, as reported by the Rosario Board of Trade (BCR). In November alone, 540,000 tons were shipped overseas, nearly quadrupling the volume recorded during the same month a year prior.

  • Saturday, December 7th 2024 - 10:44 UTC

    Fifth global conference fails to reach deal on curbing plastic pollution

    Fifth global conference fails to reach deal on curbing plastic pollution

    The fifth and intended final meeting of the Intergovernmental Negotiating Committee (INC) on plastic pollution in Busan, South Korea, concluded with negotiators unable to reach a deal on a new global treaty to curb plastic pollution. The failure of this fifth session of the INC, or INC-5, to deliver on its mandate highlights the persistent challenges of reaching a consensus to solve the growing issue of global plastics pollution.

  • Friday, December 6th 2024 - 23:07 UTC

    Mercosur-EU FTA signed at last

    “Mercosur will bring significant benefits to consumers and businesses on both sides,” Von der Leyen said

    The South American Common Market (Mercosur) and the European Union announced Friday in Montevideo the final signing of the Free Trade Agreement (FTA) between both blocs, thus creating the largest and most populated commerce zone worldwide. The understanding was reached after 25 years of negotiations and despite France's reluctance.

  • Friday, December 6th 2024 - 19:35 UTC

    Milei takes over Mercosur's rotating presidency

    Lula stayed away from the traditional family picture as payback for Milei's similar attitude during the G20 Summit in Rio de Janeiro last month

    In one of the last significant moments of his five-year term ending Feb. 28, Uruguay's President Luis Lacalle Pou handed over the rotating chair of the Southern Common Market (Mercosur) to his Argentine colleague Javier Milei as the bloc's 65th Leader's Summit concluded in Montevideo.

  • Friday, December 6th 2024 - 11:11 UTC

    Mercosur Summit: Lula decorates Mujica too

    “Of all the presidents I have met, he is the most extraordinary person,” said Lula at Mujica's residence. Photo: Dante Fernandez / AFP

    Brazilian President Luiz Inácio Lula da Silva Thursday decorated former Uruguayan President José Pepe Mujica (2010-2015) with the National Order of the Southern Cross on the sidelines of the two-day Mercosur Summit in Montevideo, Agencia Brasil reported. Mujica, 89, had been granted a similar accolade earlier Thursday by Colombian President Gustavo Petro.

  • Friday, December 6th 2024 - 10:55 UTC

    Mercosur-EU FTA ratification imminent

    The imminent announcement is expected to happen during a press conference on Friday morning

    Momentum is building up in Montevideo as the presence of European Commission President Ursula von der Leyen seems to herald the imminent signing of the Free Trade Agreement (FTA) with the Southern Common Market (Mercosur) as Brussels needs to halt China's commercial expansion in the region while Donald Trump's return to the White House looms over.

  • Friday, December 6th 2024 - 10:23 UTC

    Argentina's BCRA lowers basic interest rate again

    The previous decrease had been announced on Nov. 1 when the TNA was lowered from 40 to 35%

    Argentina's Central Bank (BCRA) announced Thursday a reduction in the basic interest rate (Nominal Annual Rate - TNA), from 35% to 32% while one for swaps will go down from 40% to 36%. The measure is effective as of Friday and impacts all fixed-term deposits.

  • Friday, December 6th 2024 - 10:15 UTC

    Falklands, Ramboll’s professional services framework contractor renewed for five years

    Jason Layfield, Ramboll’s UK Executive Director (Buildings) said “We are delighted to have been re-appointed as FIG’s professional services framework partner for a further five years”

    Following a competitive international tender process, the Falkland Islands Government (FIG) has announced that the contract for its professional services framework has been awarded to Ramboll, (*).

  • Friday, December 6th 2024 - 10:00 UTC

    Argentine Supreme Court says CFK must stand trial for AMIA bombing cover-up

    CFK is believed to have covered up for the Iranian suspects in the AMIA bombing

    Argentina's Supreme Court (CSJN) ruled Thursday that former President Cristina Fernández de Kirchner (CFK) and others should stand trial for signing a Memorandum of Understanding (MOU) with Iran, thus upholding a previous decision by a Federal Court of Appeals.

  • Friday, December 6th 2024 - 10:00 UTC

    Relief in Brazil, EU negotiators agree to delay anti-deforestation bill until end of 2025

    The “informal agreement” reached by the Parliament, Commission, and Council is scheduled to be voted during the Parliament’s next plenary session, December 16–19

    The implementation of the European Union Deforestation Regulation bill has been postponed until the end of 2025, following a provisional political agreement this week, between the European Parliament and the European Council.