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MercoPress, en Español

Montevideo, September 19th 2024 - 07:20 UTC

Stories for 2024

  • Friday, January 19th 2024 - 10:40 UTC

    No price tag should be placed on nature's services to mankind, Brazilian minister tells WEF

    “Value” is “beyond what we can price,” Silva argued

    According to Brazil's Minister for the Environment and Climate Change, Marina Silva, there should be no pricing services provided by nature given their value to the planet and to human beings. She made those remarks this week during her appearance at one of the panels at the World Economic Forum (WEF) in Davos, Switzerland, Agencia Brasil reported.

  • Friday, January 19th 2024 - 10:27 UTC

    Lithium: Bolivia's YLB signs new agreement with China's CBC

    Opposition lawmakers said these announcements were mere propaganda

    A new agreement between Bolivia's state-owned Yacimientos de Litio Bolivianos (YLB) and the Chinese consortium CATL, BRUNP & CMOC (CBC) was signed Thursday to install a lithium carbonate pilot plant with Direct Lithium Extraction (DLE) technology in the Uyuni salt flat and would have a production of 2,500 tons per year after an investment worth US$ 90 million.

  • Friday, January 19th 2024 - 10:17 UTC

    Foreign Ministers of Brazil and China holding key talks

    Wang Yi and Vieira are to meet again Friday

    China's Foreign Minister Wang Yi held a meeting in Brasilia on Thursday with his Brazilian counterpart Mauro Vieira and President Luiz Inácio Lula da Silva's special advisor Celso Amorim to discuss trade and cooperation between the two countries, it was reported. Wang Yi and Vieira are to meet again Friday for the signing of a series of agreements after which they will be issuing a joint statement to the press, it was also explained.

  • Friday, January 19th 2024 - 10:10 UTC

    Paraguay's BCP confirms CPI in 2023 within target range

    Paraguay ranked behind Ecuador, Bolivia, and Peru

    Paraguay's Central Bank (BCP) Thursday released a report showing that the Consumer Price Index (CPI) for 2023 was 3.7%, making it the fourth lowest in South America in addition to falling within the target range (3.8%). It also meant a decrease from 2022's 8.1%.

  • Thursday, January 18th 2024 - 21:13 UTC

    Argentina: Record highs in parallel dollar rates as the country grapples with economic challenges

    While the wholesale dollar rises by only 70 cents to $819.30, the dynamic “blue” dollar or parallel rate was around $1,240, near its intraday nominal peak of $1,250, presenting a 51.4% gap

    The strength of the dollar in alternative markets is once again exerting pressure on financial dealings on Thursday, with the exchange rate gap reaching 60%, posing challenges to President Javier Milei's economic plan amidst soaring inflation and increasing poverty.

  • Thursday, January 18th 2024 - 10:59 UTC

    Milei holds “very good” meeting with Georgieva

    Milei and Georgieva met for 25 minutes

    Argentine President Javier Milei said his 25-minute meeting Wednesday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum was “very good” after a verbal agreement was reached last week between the credit agency and the South American country. It was the first time that Milei and Georgieva saw each other face to face.

  • Thursday, January 18th 2024 - 10:56 UTC

    Ecuadorean prosecutor handling last week's TV station seizure shot dead

    Suárez has been involved in several high-profile cases related to corruption and organized crime

    Ecuadorean Prosecutor César Suárez who was handling the investigation into the Jan. 9 seizure of a Public TV station by a drug-trafficking gang, was shot dead Wednesday in Guayaquil, adding to the South American country's wave of crime and violence. Suárez took over 20 gunshots, it was reported. National Police “specialized units” have been assigned to the case.

  • Thursday, January 18th 2024 - 10:55 UTC

    Argentina: New oil spill recorded off Bahía Blanca

    The German oil company Oiltanking was involved in both incidents a fortnight apart

    Argentine authorities in the city port of Bahía Blanca in the province of Buenos Aires said a new oil spill had been reported after the one late last month. However, this time around the damage would have been controlled in less time, it was explained.

  • Thursday, January 18th 2024 - 10:47 UTC

    Javier Milei warns WEF that Western civilization “is in danger”

    “Capitalism is the only tool we have to end hunger and poverty on the planet,” Milei argued

    Argentine President Javier Milei Wednesday warned global leaders at the World Economic Forum in Davos, Switzerland, that the Western civilization was in peril as it was plunging into socialism and neomarxism. His remarks drew mixed reactions: While his Libertarian followers were elated to hear him say that there, others could simply not believe their ears, some of them through an interpreter because Milei spoke in Spanish.

  • Thursday, January 18th 2024 - 10:41 UTC

    Uruguayan homes for the elderly not fond of Covid-19 vax booster doses

    Vaccinated or not, people still get infected, they argued

    One day after Uruguay's Health Ministry announced a new Covid-19 vaccination campaign, a business guild bringing together homes for the elderly announced no booster doses would be encouraged on their part.