Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 25th 2024 - 22:42 UTC

Stories for 2024

  • Thursday, June 20th 2024 - 19:17 UTC

    Montevideo remains the most expensive city in the region

    The Uruguayan capital ranked 42nd in the world according to Mercer's list released this week

    Montevideo remained South America's most expensive place to live according to the Mercer Ranking released this week, closely followed by Buenos Aires, a place that has been moving up fast since President Javier Milei's Dec. 10, 2023, inauguration. The list helps multinational employers plan their strategies regarding compensations and other expenses, it was explained. Hong Kong stayed at the top, followed by Singapore, and Sitzerland's Zurich, Geneva, and Basel.

  • Thursday, June 20th 2024 - 18:21 UTC

    Falklands Representative attends services for Liberation Day

    Former Commanding Officer of the FIDF, Major Justin McPhee MBE, Chairman of the South Atlantic Medal Association (SAMA82), Tom Herring and the FIG Representative to the UK & Europe, Richard Hyslop.

    Last week, the Falkland Islands Government Representative to the UK & Europe, Richard Hyslop, visited St Paul’s Cathedral, London, and attended the annual Service of Remembrance and Thanksgiving at the Falkland Islands Memorial Chapel, Pangbourne College in order to mark Liberation Day.

  • Thursday, June 20th 2024 - 15:55 UTC

    Falklands: Consultation to begin on Sea Lion offshore oil development, north of the Islands

    A Floating Production Storage and Offloading vessel (FPSO), so common offshore Brazil's Petrobras operations, would be operational at Sea Lion Filed

    Following an extraordinary sitting of Executive Council on Monday 17 June, the Falkland Islands Government has agreed that there will be a public consultation from Monday 24 June to Monday 5 August 2024, on the Environmental Impact Statement for the Sea Lion Field Northern Development Area, Phase 1 and 2, which has been submitted by Navitas Petroleum Development and Production Limited.

  • Thursday, June 20th 2024 - 15:29 UTC

    “If you have to deny the existence of a people, your argument does not work”, Falklands reply to Mondino

    MLA Teslyn Barkman was pungent in her statement to Minister Mondino

    “If you have to deny the existence of a people to make your argument work, your argument doesn’t work,” has been the public reply of Falkland Islands lawmaker MLA Teslyn Barkman to the piece of Argentina's foreign minister Diana Mondino addressed to Falkland Islanders, during this week's session of the Special Decolonization Committee, or C24, held at the United Nations, New York.

  • Thursday, June 20th 2024 - 15:25 UTC

    Fearing inflation ahead, Brazil's central bank leaves basic rate unchanged at 10,50%

    Brazil's central bank decisions are key since for many regional economies, in the short list of trade partners figures strongly Brazil and the Real currency.

    With budget overspending and prospects of higher inflation in weeks ahead, the Brazilian central bank, independent from the Executive, kept the Selic rate unchanged at 10.50%. This means there are no expectations for a resumption of the rates easing cycle this year.

  • Thursday, June 20th 2024 - 10:55 UTC

    Petrobras CEO says oil will lead Brazil's energy transition

    Chambriard has already been in charge of the company since late May when she replaced Jean-Paul Prates

    Despite being de-facto the new CEO of Brazil's state-run oil company Petrobras for a while, Magda Chambriard took her oath of office Wednesday during a ceremony in Rio de Janeiro, Agencia Brfasil reported. In her speech at the event attended among others by President Luiz Inácio Lula da Silva, Chambriard insisted that oil would lead the way into energy transition progressively reducing carbon emissions and zeroing them by 2050.

  • Thursday, June 20th 2024 - 10:43 UTC

    Nationwide blackout hits Ecuador after heavy rains kill 17

    The power outages were due to “a fault in the transmission line” that caused a “cascading disconnection,” Luque explained

    Entire cities across Ecuador were left with no electricity Wednesday at around 3.30 pm just two days after Energy Minister Roberto Luque ruled out that possibility when he downplayed the importance of the cessation of activity of at least three hydroelectric power plants due to heavy rains that caused at least 17 deaths according to preliminary reports. In mid-April, a series of outages led to the dismissal of Luque's predecessor Andrea Arrobo.

  • Thursday, June 20th 2024 - 10:35 UTC

    Argentina declassifies intelligence report on AMIA bombing

    The Toma Report was named after the SIDE “Señor 5” under President Eduardo Duhalde

    Argentina's judiciary Wednesday declassified a confidential intelligence report dated in 2003 which delved into Iran's role in the 1994 bombing of the Argentine Israeli Mutual Association (AMIA) headquarters in Buenos Aires.

  • Thursday, June 20th 2024 - 10:30 UTC

    Putin lands in Vietnam to strengthen Russia's alliances in East Asia

    Kim Jong Un called Russia “a true friend” and its President Vladimir Putin “the dearest friend of the Korean people”

    Russian President Vladimir Putin landed in Hanoi Wednesday after signing the “Comprehensive Strategic Partnership Agreement” with North Korea which reshaped the world's military preparedness after Moscow pledged to defend Pyongyang in case of attack by a foreign power. In Vietnam, the Russian president was to hold meetings with local leaders further to strengthen his country's allegiances in the region.

  • Thursday, June 20th 2024 - 09:50 UTC

    Understanding the daily fantasy sports market and Its future potential

    Photo: Unsplash

    The daily fantasy sports (DFS) industry has experienced a meteoric rise in the last couple of decades, shaking off the dated traditions of the Dugout Derby and Pigskin Playoff to evolve into a serious, billion-dollar market.