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MercoPress, en Español

Montevideo, March 16th 2026 - 01:24 UTC

Stories for March 16th 2026

  • Monday, March 16th 2026 - 05:17 UTC

    Colombia and Venezuela will seek full Mercosur membership, Petro says

    From a formal standpoint, the status of the two countries within the bloc differs. Colombia is currently an associate member of Mercosur, while Venezuela remains suspended

    Colombian President Gustavo Petro said his country and Venezuela will seek admission to Mercosur as full members, one day after a ministerial meeting in Caracas that he described as “extremely successful,” according to EFE. In a message posted on X, Petro said: “We will ask for the moratorium to be lifted so Venezuela can enter Mercosur as a full member, and Colombia will submit its own request to join as a full member.”

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  • Monday, March 16th 2026 - 05:15 UTC

    Argentine court probe finds alleged US$5 million deal tied to Milei’s promotion of $LIBRA

    The timing outlined in the draft overlaps with events that later became part of the broader scandal

    Argentina’s judicial investigation into the collapse of the $LIBRA cryptocurrency has added a new and potentially damaging element for President Javier Milei. A draft recovered from businessman Mauricio Novelli’s phone describes an alleged US$5 million agreement in exchange for presidential backing for the project, based on forensic material incorporated into the case file. Investigators were able to restore the deleted note, although there is still no public proof that any such agreement was formally validated by the government.

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  • Monday, March 16th 2026 - 01:10 UTC

    Oil tops US$100 a barrel as Middle East war and Hormuz disruption rattle markets

    Tokyo also warned that strategic reserves can soften the shock in the short term but cannot replace a sustained reopening of Hormuz if the crisis drags on

    Oil prices moved back above US$100 a barrel on Monday as the conflict involving the United States, Israel and Iran intensified and shipping disruption in the Strait of Hormuz hit one of the world’s most critical energy chokepoints. Brent crude rose to US$105.15 a barrel and U.S. West Texas Intermediate climbed to US$100.32 in early Asian trading, according to market data.

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  • Monday, March 16th 2026 - 00:50 UTC

    Former Chevron executive told CIA the opposition would struggle to control Venezuela

    Moshiri’s position aligned with a central concern in Washington: avoiding a power vacuum in a country where much of the institutional structure remained under chavista influence

    Ali Moshiri, Chevron’s former top executive for Venezuela and a longtime Washington interlocutor on energy matters, warned the CIA before Nicolás Maduro’s ouster that a direct handover of power to the opposition led by María Corina Machado could produce an unstable transition because she lacked control over the security apparatus and the state’s real power centers, according to a report published on Sunday. In that assessment, Moshiri recommended that the United States back Delcy Rodríguez as the more viable figure to manage the immediate succession.

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  • Monday, March 16th 2026 - 00:46 UTC

    Protest in Morón turns into attack on Communist Party office amid Cuba blackouts

    Videos and witness accounts from the night also included sounds resembling gunfire and reports of possible injuries during the later security operation

    A protest over blackouts and shortages in the Cuban city of Morón turned into a partial attack on the local Communist Party headquarters early on Saturday, in one of the most unusual recent expressions of public unrest on the island. Authorities reported at least five arrests and said an investigation had been opened into the incident.

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