MercoPress, en Español

Montevideo, November 27th 2024 - 02:21 UTC

Stories for 2024

  • Wednesday, March 6th 2024 - 09:59 UTC

    Paraguay reports 0% inflation in February, but at what cost?

    Paraguay today has the strongest macroeconomic scenario in Latin America, President Santiago Peña said earlier this year in Spain

    Paraguay's Central Bank (BCP) announced this week that inflation in February amounted to 0% from January's values despite increases in education and food, particularly eggs, it was reported in Asunción. In the same month last year, the Consumer Price Index (CPI) had gone up 0.5%. However, these achievements have a price tag.

  • Wednesday, March 6th 2024 - 09:59 UTC

    Beijing ambitious 2024 growth target, 5%, but economists and circumstances are not convinced

    Premier Li Qiang said China plans to issue US$ 139 billion in treasury bonds over the next few years while offering support to debt-laden local governments

    China on Tuesday announced an ambitious economic growth target of 5% for 2024, vowing to “seek progress while maintaining stability” amid a sluggish economy and weak confidence among investors and consumers. This contrasts with the 5,2% reported for 2023 and 3% during 2022.

  • Tuesday, March 5th 2024 - 16:42 UTC

    Falklands budget increase for national sports facility including artificial ice for skating ring

    The agreed philosophy for this project has always been to produce the best quality sports facilities and to have facilities designed by sports people for sports people.

    In 2019 the Falkland Islands Government (FIG) and the National Sports Council (NSC) agreed that investment in sports in the Falkland Islands was a key priority and a dedicated sports facility should be developed. FIG’s technical experts calculated that the cost of the facilities that would be required to future proof the facility would be around £6-£10m depending on detailed specifications.

  • Tuesday, March 5th 2024 - 11:05 UTC

    Falkland Islands progresses port facility project with Harland and Wolff

    Harland and Wolff's selection holds historical significance, as the company previously constructed the existing port facility over four decades ago

    In a bid to enhance its infrastructure, the Falkland Islands Government (FIG) has taken significant steps towards the replacement of the Stanley port facility, known as FIPASS. Following recent executive council meetings, two pivotal papers have been approved to advance the project.

  • Tuesday, March 5th 2024 - 10:58 UTC

    Argentina shuts down Telam news service

    Press guilds dubbed the government's decision an attack against freedom of expression

    Argentina's state-run news service Télam came to an end Monday when 700 of its workers received emails telling them they should not show up for work because they had been placed on leave while the outlet's website shows a sign reading it is “under reconstruction.” President Javier Milei had announced on March 1 that one of his spending cuts would involve closing what he dubbed “a nest of Kirchnerite propaganda.”

  • Tuesday, March 5th 2024 - 10:49 UTC

    Second case of local dengue reported in Uruguay

    It was a different subtype of dengue from the one announced last Friday, Uruguay's Health Ministry explained

    Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.

  • Tuesday, March 5th 2024 - 10:41 UTC

    Brazil: Services sector driving prices upward, BCB President warns

    The BCB will pursue the inflation target to the letter but the market still expects it to be higher, Campos Neto pointed out

    Brazil's Central Bank (BCB) President Roberto Campos Neto said on Monday that inflation in South America's largest country was taking a turn in a “benign” direction, Agencia Brasil reported. In his view, the services sector requires the most attention because it has “started to put a bit of pressure” on prices.

  • Tuesday, March 5th 2024 - 10:30 UTC

    Uruguay: FA contenders launch presidential bids

    Orsi is singled out by most polls as the favorite to run for president this year on behalf of the leftwing FA

    The two main contenders for the primaries of Uruguay's opposition Broad Front (Frente Amplio - FA) have launched their bids to succeed Luis Lacalle Pou at the Executive Tower. To do this, frontrunner Yamandú Orsi resigned as mayor (governor) of Canelones while Carolina Cosse is on leave as mayor of Montevideo until July 8.

  • Tuesday, March 5th 2024 - 10:26 UTC

    Lula and Georgieva hold a “good conversation”

    Lula insisted that the IMF needs to be “more representative of today's world”

    Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.

  • Tuesday, March 5th 2024 - 09:19 UTC

    Fight against corruption a priority for the US, Nephew tells Peña

    Nephew met with Peña in Asunción

    US Global Anti-Corruption Coordinator Richard Nephew told Paraguayan President Santiago Peña in Asunción on Monday that Washington would “continue to use a full range of tools to advance US priorities in anti-corruption activities, including strengthening capabilities in criminal justice and oversight of accountability institutions.”