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MercoPress, en Español

Montevideo, August 20th 2025 - 21:33 UTC

Argentina

  • Tuesday, August 7th 2018 - 07:01 UTC

    Construction executives confirm bribe payments in exchange for contracts under Kirchner governments

    Angelo Calcaterra and cousin of president Macri is the latest executive to speak with prosecutors in the case of the corruption notebooks

    Argentine prosecutors questioned a construction executive related to President Mauricio Macri on Monday as part of a sprawling investigation into bribe payments made to the former government. Angelo Calcaterra, the former head of construction company Iecsa and Macri’s cousin, told prosecutors he was told by officials in former President Cristina Fernandez’ administration to pay cash in exchange for public works contracts.

  • Saturday, August 4th 2018 - 12:35 UTC

    Argentina's industrial output was down 8.1% in the twelve months to June

    June marked the second straight month of declines after 12 straight months of industrial expansion

    Argentina’s industrial output plunged 8.1% in June compared with the same month last year, government statistics agency Indec said, the sharpest monthly drop since the country was in the grips of an economic meltdown in 2002.

  • Friday, August 3rd 2018 - 11:33 UTC

    Argentine judge is requesting Congress to strip Cristina Fernandez of parliamentary immunity

    Cristina Fernández de Kirchner has been ordered to appear before Bonadio on August 13 for questioning.

    Argentine Federal judge Claudio Bonadio will present a formal request to Congress to strip ex president and Senator Cristina Fernández de Kirchner of her parliamentary immunity. Bonadio's move against CFK, for which she risks immediate arrest, is part of an investigation into an alleged giant bribery and corruption ring that spanned over a decade of the Kirchner couple's rule and involves high-profile businesspeople, politicians and magistrates.

  • Friday, August 3rd 2018 - 11:30 UTC

    Argentine Senate will vote on the abortion bill next Wednesday

    Pro-choice campaigners had hoped to modify the bill, in order to win the support of senators that remain undecided over how they will vote

    The Argentine Senate finally approved the text of a bill to legalize abortion that will be put to a vote on August 8 in the upper chamber. As approved by Congress' lower house Chamber of Deputies on June 14, the bill sent to the Senate decriminalizes abortion during the first 14 weeks of pregnancy and provides for conscientious objection for practitioners, but not for hospitals.

  • Friday, August 3rd 2018 - 07:48 UTC

    Falklands contrasting opinions on the Sao Paulo air link consequences

    The Falkland Islands government preferred choice for a second commercial flight to the South American continent has met with contrasting opinions as to the practical and potential future consequences of the Sao Paulo destination.This was clearly expressed in the Letters chapter of the Penguin News. One of them comes from the FI Chamber of Commerce, and the second from the main importer of fresh produce to the Islands.

  • Thursday, August 2nd 2018 - 07:24 UTC

    Macri admits annual inflation will reach 30%, “product of this storm”

    Macri advised Argentines to “take care of themselves, look and compare” prices when they shop for groceries and other items

    Argentina's President Mauricio Macri is acknowledging for the first time that the country's annual inflation rate will be 30%. Macri said Tuesday that the high consumer prices “unfortunately are a product of this storm.” He was referring to a sharp devaluation of Argentina's currency and a recent run on the Peso.

  • Wednesday, August 1st 2018 - 07:12 UTC

    China and Argentina ties increasingly closer

    China proposed an expansion of the currency swap deal with Argentina, whose foreign reserves have been drained by interventions aimed at propping up the peso

    China's offer of financial support to Argentina is the latest example of the Asian nation filling a vacuum in what has traditionally been the backyard of the U.S. While President Donald Trump has not paid a visit to Latin America since his inauguration in January 2017, China has stepped up its financial assistance to Argentina and worked to strengthen their trade ties.

  • Tuesday, July 31st 2018 - 10:26 UTC

    BRICS' leaders support Argentina's economic strategy, claims president Macri

    BRICS countries “have a positive outlook of our future,” said Macri, who attended the Johannesburg summit as the current president of the G20

    Leaders from the BRICS bloc of emerging economies share a “positive outlook” on Argentina's embattled economy, President Mauricio Macri said on Monday. Macri added that leaders from BRICS members - Brazil, Russia, India, China and South Africa - meeting in Johannesburg for the July 25-27 summit also expressed their support for the Argentine government's economic strategy.

  • Tuesday, July 31st 2018 - 08:19 UTC

    YPF faces a US$ 14 billion lawsuit in the US, dating back to Maxus Energy acquisition

    The lawsuit was filed by the liquidation trust presiding over Maxus Energy Corporation, a company that YPF acquired in 1995

    Argentina's hydrocarbons company YPF is facing a fresh lawsuit in the United States, this time for US$14bn, which is twice the market value of the state oil firm, over alleged corporate restructuring that the company was said to have carried out several years ago.

  • Tuesday, July 31st 2018 - 08:12 UTC

    Argentina and Spain sign fisheries MoU to promote conservation and management of straddling species

    The MoU was stamped in Buenos Aires at the recent G20 Agriculture ministerial meeting by Argentina's Luis Miguel Etchevehere and Spain's Luis Planas.

    Argentina and Spain have signed a fisheries and aquaculture bilateral cooperation Memorandum of Understanding. The MoU was stamped in Buenos Aires during the recent G20 Agriculture, Livestock and Fisheries ministerial meeting by Argentina's Luis Miguel Etchevehere and Spain's Luis Planas.