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MercoPress, en Español

Montevideo, October 23rd 2025 - 01:42 UTC

Stories for August 2025

  • Thursday, August 7th 2025 - 09:31 UTC

    Panama opens up to Paraguayan beef exports

    Paraguay will be able to export boneless beef to Panama

    Panama has officially opened its market to beef from Paraguay, a decision announced by the National Animal Health and Quality Service (Senacsa) in Asunción. This authorization allows Paraguay to begin exporting boneless beef products to the Central American country. “This authorization is another significant step in the expansion of national livestock products into Central American markets,” Senacsa said in a statement.

  • Thursday, August 7th 2025 - 07:37 UTC

    Argentine opposition defies Milei, approves increased funding for public universities

    Milei has already pledged to veto any law that implies increased public spending. However, with key legislative elections approaching, the issue takes on added political weight

    Argentina’s Chamber of Deputies approved a bill on Wednesday to raise funding for public universities, with 158 votes in favor and 75 against. The measure, backed by the Peronist bloc and other opposition parties, marks a new legislative defeat for far-right President Javier Milei, who vetoed a similar initiative last year.

  • Wednesday, August 6th 2025 - 21:46 UTC

    Brazil: Opposition lawmakers stay the night in Congress

    Bolsonaro's followers want a broad amnesty plus De Moraes' impeachment

    Brazilian opposition lawmakers spent the night in both houses of Congress on Wednesday, which prevented work from resuming. Those who stayed through the wee hours of Thursday were relayed by some of their colleagues before dawn.

  • Wednesday, August 6th 2025 - 21:02 UTC

    Trump announces 50% tariffs on India for buying Russian oil

    Trump has threatened 100% tariffs on countries that continue business with Russia unless a major peace deal with Ukraine is achieved

    US President Donald Trump on Wednesday imposed an additional 25% tariff on imports from India in reprisal for buying Russian oil, bringing the total surcharge to 50%. Washington claims Prime Minister Narendra Modi's Government was “fueling the war machine” by funding Russia's military deployment in Ukraine.

  • Wednesday, August 6th 2025 - 10:32 UTC

    Former Paraguayan President under probe for corruption

    The investigation against Abdo was prompted by a report on an Argentine website

    Paraguay's Public Prosecutor's Office has opened a criminal investigation into former President Mario Abdo Benítez and his wife, Silvana López Moreira, for the alleged concealment of assets. The investigation was prompted by reports from an Argentine outlet claiming that the former president had hidden assets in tax havens, such as the Seychelles.

  • Wednesday, August 6th 2025 - 10:17 UTC

    BP announces major oil discovery off Brazil, while OPEC+ with Saudi Arabia leading, increase production

    The company said it had located oil and gas at the Bumerangue prospect, 404 kilometers from Rio de Janeiro, in a water depth of 2,372 meters

    Britain’s BP oil and gas giant announced this week its biggest oil and gas discovery in 25 years off the coast of Brazil. This happens when the corporation is in the midst of a major overhaul, dropping the renewable energy strategy thrust, and returning to traditional hydrocarbons policy.

  • Wednesday, August 6th 2025 - 10:15 UTC

    Uruguay's YoY inflation continues to fall

    July's figures were below market expectations

    According to the National Institute of Statistics (INE) report published Tuesday in Montevideo, Uruguay's interannual inflation rate in July 2025 was 4.53%, a slight decrease from 4.59% in June. This marks the 26th consecutive month that inflation has remained within the Central Bank's target range of 3% to 6%.

  • Wednesday, August 6th 2025 - 10:02 UTC

    Covid-19: Frankenstein variant detected in Argentina

    “In Argentina, the current situation of SARS-CoV-2 variants is characterized by the exclusive circulation of the Omicron variant,” it was explained

    The XFG variant of Covid-19, nicknamed “Frankenstein” because it is a recombination of two Omicron lineages, has been detected in Argentina, according to the latest edition of the Health Ministry's weekly National Epidemiological Bulletin (BEN), which cited cases from late June and early July, identified through genomic surveillance

  • Wednesday, August 6th 2025 - 09:39 UTC

    Uruguay's La Libertad Avanza garners enough signatures

    Quintana noted that Uruguay was a different country from Argentina, but they were both “dying from socialism”

    The Uruguayan version of La Libertad Avanza has successfully obtained the required signatures to be officially recognized as a political party by the Electoral Court. Led by Nicolás Quintana, the group will now have its statutes and principles published, and if no challenges are made within ten days, it will be eligible to participate in upcoming elections.

  • Wednesday, August 6th 2025 - 09:37 UTC

    Lula to invite Trump to COP30

    “A solid partnership is built on mutual benefits,” Lula emphasized

    Brazilian President Luiz Inácio Lula da Silva does not intend to discuss tariffs with his US colleague Donald Trump but will invite him to the 30th United Nations Climate Change Conference (COP30), scheduled for November in Belém.