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MercoPress, en Español

Montevideo, November 23rd 2024 - 15:49 UTC

Argentina

  • Monday, March 4th 2024 - 10:29 UTC

    Corrientes and Montevideo under water due to heavy rains

    Cars sank into the temporary water flows throughout the provincial capital

    The city of Corrientes, the capital of the Argentine province of the same name, was left under water Sunday as 209 millimeters of heavy rains caused floods and material damage while vehicles were swept away by the current. Classes were suspended for Monday amid widespread power outages, with streets turned into temporary rivers.

  • Monday, March 4th 2024 - 10:23 UTC

    Retail sales drop 25.5% year-on-year in Argentina

    “In terms of prices, February had less uncertainty than November, December, and January,” CAME also explained

    A study released Sunday by the Argentine Confederation of Medium-Sized Companies (CAME) showed a 25.5% interannual decline at constant prices in retail sales in Argentina and a 27% drop for the first two months of 2024, it was reported in Buenos Aires. The Index of Retail Sales of SMEs also mentioned a 7.4% setback from January, when a 6.4% monthly decrease had been recorded.

  • Saturday, March 2nd 2024 - 10:57 UTC

    Milei launches “May Pact” offer to governors in exchange for financial aid

    Milei chose Córdoba for the historical agreement because it is “the country's foundational place in terms of knowledge”

    Argentine President Javier Milei Friday announced he was summoning the governors of the 23 provinces plus the mayor of the Autonomous City of Buenos Aires as well as former heads of state and other political leaders to sign on the national May 25 holiday what he named “the May Pact,” a foundational agreement whereby the rules of the country's future would be laid out. He launched this appeal during his speech opening the 142nd Legislature.

  • Saturday, March 2nd 2024 - 10:28 UTC

    First case of autochthonous dengue reported in Uruguay

    The Montevideo resident was in Maldonado at the time of the detection but has been discharged from hospital

    Uruguay's Health Ministry confirmed Friday the first case of autochthonous dengue in the country. There are currently 32 confirmed cases of imported infections, according to Montevideo outlets. The last autochthonous case in Uruguay dates back to 2020 and only three detections were registered in the country in the past four years.

  • Friday, March 1st 2024 - 10:06 UTC

    Interannual figures highlight contrasting realities in Brazil and Argentina

    In Argentina, mass consumption contracted 3.8% year-on-year while in Brazil it grew 1.2%

    Reports released Thursday showed contrasting realities between South America's two largest countries. While consumption grew 1.2% interannually in January, according to the Brazilian Association of Supermarkets (Abras), the situation was quite the opposite in Argentina due to rampant inflation outpacing wage updates.

  • Friday, March 1st 2024 - 09:43 UTC

    Argentine Navy: No more beards allowed

    There might be an exception whenever freshwater is in short supply

    Argentina's Navy issued an internal regulation whereby all active members must refrain from donning a beard effective April 1, it was reported in Buenos Aires. The measure dated Feb. 27 is signed by Rear Admiral Juan Carlos Romay, General Director of Personnel and Welfare, and is said to “facilitate” military training.

  • Thursday, February 29th 2024 - 13:32 UTC

    President Milei anticipates decree-based economic reforms, stating Parliament's obstacles

    Addressing concerns about potential social unrest, Milei dismissed the notion unless incited by politically motivated events or foreign interference.

    Argentina's President Javier Milei, ahead of his first appearance before the Congress of the Nation for the opening of ordinary sessions, has signaled a proactive approach to economic reform. In an interview with the Financial Times, Milei emphasized his intent to implement reforms “by decree,” citing challenges in garnering parliamentary support due to the current composition.

  • Thursday, February 29th 2024 - 11:23 UTC

    Air industry workers' strike leaves thousands stranded in Argentina

    It was an irresponsible thing to do, Adorni said

    Thousands of air travelers were stranded Wednesday as workers of the Argentine airline industry went on strike for 24 hours in rejection of a 12% wage increase that in no way matches the country's rampant inflation.

  • Thursday, February 29th 2024 - 11:12 UTC

    Argentina's Economy Minister meets with Georgieva in Brazil

    Georgieva insisted that an eye must be kept on the most vulnerable insisted that an eye must be kept on the most vulnerable

    Argentina's Luis 'Toto' Caputo and International Monetary Fund (IMF) Managing Director Kristalina Georgieva met Wednesday in Sao Paulo on the sides of the two-day G20 summit of Economy Ministers. The gathering took place less than a week after the visit to Buenos Aires of the IMF Managing Director Gita Gopinath, with whom Caputo and President Javier Milei discussed a new agreement on the South American country's debt.

  • Thursday, February 29th 2024 - 11:05 UTC

    Ailing Pope critical of free market policies

    In Francis' view, the “god of the market” and “the goddess of profit” are “false deities.”

    The Buenos Aires-born Pope Francis was hospitalized Wednesday for a medical check-up after which he was discharged with a flu-like state as concerns over the 87-year-old Pontiff's health mounted after he asked an assistant to do the reading for him during a service in which he told the faithful that he was still not feeling well. He had also canceled Saturday and Monday's engagements.