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MercoPress, en Español

Montevideo, January 13th 2026 - 18:15 UTC

Stories for December 24th 2025

  • Wednesday, December 24th 2025 - 11:05 UTC

    Oil prices surge amid US-Venezuela standoff

    OPEC+ has more than enough spare capacity to cover a complete Venezuelan outage

    International oil benchmarks posted modest gains on Tuesday as the market entered a holiday-shortened week. Investors remained focused on the escalating geopolitical friction between Washington and Caracas, which has introduced a risk premium into an otherwise oversupplied market.

  • Wednesday, December 24th 2025 - 10:59 UTC

    Kast and Noboa discuss “humanitarian corridor” for Venezuelan immigrants to return home

    Kast spoke of the “negative effects generated by the dictatorial government of Venezuela”

    Following a high-level summit at the Carondelet Palace in Quito on Tuesday, Chilean President-elect José Antonio Kast and Ecuadorean President Daniel Noboa have signaled a unified front on the South American migration crisis. Both leaders discussed Kast's proposal to establish a “humanitarian corridor” to facilitate the return of undocumented Venezuelan migrants to their home country.

  • Wednesday, December 24th 2025 - 10:56 UTC

    Canadian carrier's rapid expansion boosts Embraer's performance

    Beyond Porter, Embraer has secured significant orders from other carriers

    Brazilian aircraft manufacturer Embraer announced Tuesday the delivery of the 50th E195-E2 jet to Canadian carrier Porter Airlines, marking one of the most aggressive fleet expansions in the North American aviation sector.

  • Wednesday, December 24th 2025 - 10:47 UTC

    Brazil: No Xmas pardon for Jan. 8 rioters

    Lula has positioned the executive branch as a bulwark against what he described as “democratic rupture”

    Brazilian President Luiz Inácio Lula da Silva has signed his traditional Christmas pardon decree, granting clemency to thousands of inmates. However, for the second consecutive year, the president has explicitly excluded those convicted of attempting to overthrow the democratic order during the January 8, 2023, attacks in Brasília.

  • Wednesday, December 24th 2025 - 10:40 UTC

    Colombia: Petro declares 30-Day “economic emergency”

    Petro warned that the Constitutional Court repealing his measure would trigger a “serious economic crisis”

    In a move to bypass Congress on his proposed tax hikes, Colombian President Gustavo Petro declared a 30-day “economic emergency” on Tuesday. The measure, enacted via Decree 1390 of 2025, grants the head of State extraordinary powers for 30 days to circumvent Parliament and impose new taxes on the country’s wealthiest citizens.

  • Wednesday, December 24th 2025 - 10:30 UTC

    Bolsonaro cleared for Xmas Day surgery

    No cell phones, computers, or electronic devices will be allowed into Bolsonaro's room, De Moraes ruled

    Brazilian Supreme Court Justice Alexandre De Moraes on Tuesday authorized former President Jair Bolsonaro to be hospitalized on Wednesday to undergo hernia surgery recommended by private doctors and Federal Police experts.

  • Wednesday, December 24th 2025 - 09:45 UTC

    Looking ahead to 2026: a message to our readers

    As the year draws to a close, everyone at MercoPress extends its best wishes to readers and subscribers across the region and beyond. The holiday season offers a moment to pause, take stock, and look ahead with perspective.