Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, July 22nd 2026 - 14:25 UTC

Stories for July 2nd 2026

  • Thursday, July 2nd 2026 - 22:12 UTC

    Argentine ex-official Insaurralde seeks to bar the cash-stacks video from his graft case

    Last week, federal prosecutor Sergio Mola had requested the detention of Insaurralde and Cirio, arguing there was a risk they might alter or hide evidence

    The former cabinet chief of Buenos Aires province and ex-mayor of Lomas de Zamora, Martín Insaurralde, asked the courts not to use as evidence the video in which his ex-wife, television host Jesica Cirio, appears alongside stacks of dollars in the closet of the house they shared, as part of a case for alleged illicit enrichment and money laundering. The motion, filed before federal judge Luis Armella, mirrors the one Cirio herself had made days earlier; she also faces a pending order to give testimony.

  • Thursday, July 2nd 2026 - 15:32 UTC

    A multinational rescue frees Hernán, trapped eight days under Venezuela's quake rubble

    Gil, who worked as a guard in the underground parking garage of a shopping mall, survived by sheltering under the desk of his booth when the building collapsed

    A 43-year-old Venezuelan security guard, Hernán Gil, was rescued alive on Thursday after eight days trapped under the rubble of a building that collapsed in Catia La Mar, in La Guaira state, during the twin earthquake that struck the country on June 24. The Costa Rican Red Cross, which took part in the operation, confirmed the rescue, considered one of the most complex and prolonged of the disaster, which has left at least 2,295 dead and more than 11,000 injured, according to the official toll.

  • Thursday, July 2nd 2026 - 09:55 UTC

    A Spanish investigation tracks how Asia's squid fleet is upending the South Atlantic market

    Spain controls much of the world's Loligo squid catch, mainly through the roughly 16 licences granted by the Falklands to fish in their waters, with catches close to 50,000 tons a year

    An international investigation published by the Spanish newspaper El Confidencial, with an extensive interactive report, describes how the expansion of Asian fishing fleets in international waters —mainly Chinese— has transformed the global market for frozen squid, with a direct impact on the European fleet and consequences for fishing in the South Atlantic, one of the main sources of income for the Falklands.

  • Thursday, July 2nd 2026 - 09:11 UTC

    Uruguay and Chile agree to coordinate against organized crime after an Orsi-Kast summit

    Kast said that both countries' security “has been undermined by transnational organized crime”

    The presidents of Uruguay, Yamandú Orsi, and Chile, José Antonio Kast, agreed to strengthen bilateral cooperation against transnational organized crime, following a meeting held on Wednesday at the Suárez y Reyes presidential residence in Montevideo. In a joint statement, the leaders announced understandings on security, fisheries, Antarctica, the bi-oceanic corridor and economic integration, as part of Kast's official visit to Uruguay.

  • Thursday, July 2nd 2026 - 08:54 UTC

    Milei focuses on his domestic agenda after the Adorni reshuffle, forgoing a US trip

    Milei had already declined to attend the Mercosur summit in Asunción —where he was represented by Quirno— in order to remain in Buenos Aires and lead the swearing-in of his new cabinet chief

    Argentine President Javier Milei will prioritize his domestic agenda in the coming days and will not travel to the United States for that country's Independence Day celebrations on July 4, official sources confirmed. The decision comes amid a reshaping of his cabinet following the departure of his cabinet chief, Manuel Adorni, and marks the second time in a matter of days that the president has set aside an international commitment to focus on domestic matters.

  • Thursday, July 2nd 2026 - 08:51 UTC

    Venezuela's quake toll passes 2,295 a week on, with tens of thousands still unaccounted for

    Search efforts continued in the coastal state of La Guaira, the hardest hit, where most of the victims are concentrated

    A week after the twin earthquake that struck north-central Venezuela, the official toll rose to at least 2,295 dead and 11,267 injured, according to National Assembly President Jorge Rodríguez, who has been the main voice for the figures since the disaster. The United Nations humanitarian coordinator in the country, Gianluca Rampolla, warned that the number “will keep growing” as rescue and debris-removal work advances.

  • Thursday, July 2nd 2026 - 08:02 UTC

    Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds

    Market analysts believe there could still be room for additional compression, though they warn it would be more limited

    Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by recent improvements in the country's credit rating. The indicator, compiled by the bank JP Morgan, reflects the premium Argentina must pay to borrow in dollars over US debt, considered risk-free.