MercoPress, en Español

Montevideo, June 5th 2023 - 19:58 UTC


  • Monday, May 8th 2023 - 11:16 UTC

    Ruling parties are reelected in 3 Argentine provinces

    Javier Milei's candidate, Martín Menem, came third in La Rioja, a former Menemist bastion.

    Three Argentine provinces held gubernatorial elections on Sunday. In all of them, the ruling parties were reelected. In a year with presidential elections looming, these results were expected to shed some light on who might make it to the Casa Rosada next December 10, but nothing of the sort happened.

  • Saturday, May 6th 2023 - 10:59 UTC

    No Argentine special delegation to Charles III Coronation; when Peron proposed UK the purchase of Falklands

    Peron government reportedly sought a long-term economic agreement with Britain, requiring them to renounce claims to the Falklands, according to 1984 UK documents cited by Argentine sources

    Contrary to all the pageantry, rituals, and displays of past Coronations in the United Kingdom, this time Argentina is sending no special, much less extraordinary delegation to the coronation of King Charles III on Saturday, and is limited to the attendance of its ambassador in London, Javier Figueroa.

  • Saturday, May 6th 2023 - 10:54 UTC

    Central Bank report corrects Argentina's inflation projections upwards

    For the next twelve months, the REM anticipates inflation will reach 146.5%.

    According to the Argentine Central Bank's (BCRA) Market Expectations Survey (Relevamiento de Expectativas de Mercado - REM) report published Friday, the panel of economists issuing that document has made an upward correction to their inflation forecasts for 2023, placing it at 126.4%, or 16.4 percentage points above April's projections, while last month's Consumer Price Index (CPI) is believed to be of 7.5%. The National Institute of Statistics and Census (Indec) will release the official data on May 12.

  • Friday, May 5th 2023 - 10:10 UTC

    Argentina gets new loan from the IDB

    The new deal is in addition to one granted the day before

    The Interamerican Development Bank (IDB) has granted Argentina a US$ 150 million loan to strengthen educational access for school-age youth in the province of Buenos Aires, it was announced Thursday. This new credit is in addition to another one granted the day before in the amount of US$ 265 million, to boost the inclusion of people with disabilities.

  • Thursday, May 4th 2023 - 10:40 UTC

    “Argentina extremely cheap,” says Uruguayan president

    “Naturally the residents of the coastal cities consume where it is cheaper for them,” Lacalle admitted

    Uruguayan President Luis Lacalle Pou said his country has a problem with prices in Argentine being so low due to a favorable exchange rate that people cross the border to do their shopping.

  • Thursday, May 4th 2023 - 10:31 UTC

    Argentine deputies want lithium nationalized

    “It is time to break with the extractivist-export model [and] modify the mining code...,” Alderete said

    A group of lawmakers from Argentine's ruling Everybody's Front (Frente de Todos - FdT) has launched an initiative to nationalize the country's lithium resources, it was reported Wednesday in Buenos Aires.

  • Thursday, May 4th 2023 - 10:15 UTC

    Latin America lost over 39 million hectares of forests

    Some species have not been previously intervened by humans, making their loss irreplaceable

    Agriculture has taken its toll on Latin American forests, particularly in South America's two largest countries. Argentina reached 444,535 hectares deforested to prioritize crops and cattle feeding.

  • Wednesday, May 3rd 2023 - 11:55 UTC

    Lula promises to help his “friend” Alberto Fernández

    Alberto may fly back to Argentina calmer, Lula said. “It is true that without any money, but with a lot of political disposition...”

    Argentine President Alberto Fernández Tuesday thanked his Brazilian colleague Luiz Inácio Lula da Silva for the latter's commitment to helping Argentine overcome the current crisis: “I celebrate the explicit support that Lula has given us as a country and as a government,” Fernández said after the meeting at the Alvorada Palace. He also highlighted Lula's pledge to strengthen Brazilian exports and support negotiations with the International Monetary Fund (IMF).

  • Wednesday, May 3rd 2023 - 11:20 UTC

    “Super May”: Eight Kirchnerite provinces advance local elections to avoid October debacle

    All eight elections will be held in the first two Sundays of May, some with electronic votes, others with the more traditional envelope ballots.

    With the Argentine government of Alberto Fernandez and Cristina Fernández de Kirchner in total disarray, the economy in shambles and with no hard currency, while a top delegation travels the world, China, Brazil, the US, and the IMF begging for fresh funds, several Argentine provinces are holding their local elections for governor and lawmakers, un hooked from the national presidential event next October.

  • Tuesday, May 2nd 2023 - 10:57 UTC

    Massa to broker imports from Brazil paid in Argentine pesos

    The Economy Minister will join President Alberto Fernández's entourage

    Argentina's Economy Minister Sergio Massa will travel to Brazil alongside President Alberto Fernández to find credit alternatives through which to spend fewer dollars in bilateral trade, it was reported.