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MercoPress, en Español

Montevideo, July 6th 2026 - 13:06 UTC

Economy

  • Monday, June 12th 2017 - 01:46 UTC

    The “robot revolution”, angry men, and Great Depression unemployment

    “We wanted people to consider if it is possible to be blessed by a machine, or if a human being is needed,” explained spokesman Stephan Krebs

    By Gwynne Dyer
    Wittenberg is the German city where Martin Luther nailed his 95 theses to the church door 500 years ago and launched the Protestant Reformation. To mark the anniversary, the local Protestant authorities have installed a robot called BlessU-2 to deliver blessings in five languages.

  • Saturday, June 10th 2017 - 10:30 UTC

    Europe “ready” to begin Brexit talks sticking to the time plan, says Angela Merkel

    Mrs. Merkel added she hoped Britain would remain a good partner following the talks, due to begin on 19 June.

    Angela Merkel has said she sees no obstacles in the way of beginning Brexit talks as scheduled after Theresa May failed to win a majority in Thursday's UK election. The German chancellor said she believed Britain would stick to the timetable, adding the European Union was “ready”.

  • Saturday, June 10th 2017 - 09:16 UTC

    Brazil tightens corruption controls on banks and listed companies

    The decree aims to increase fines on banks to up to 2 billion reais (US$610 million) from 250,000 reais currently, said Meirelles ministry's press office. (Pic Folhapress)

    Brazilian presidential decree raising fines on banks and listed companies involved in illicit acts aims to empower the central bank and the country's securities industry watchdog in their efforts to bolster transparency, Finance Minister Henrique Meirelles said in Paris.

  • Friday, June 9th 2017 - 10:58 UTC

    Germany and Argentina pledged to fight protectionism and reach a Mercosur/EU trade deal

    “Germany is seeking allies for the issues that matter to us, just as other countries are seeking allies,” she added later at a news conference alongside Macri.

    Germany and Argentina voiced hopes Thursday for a free trade agreement between the European Union and Mercosur as German Chancellor Angela Merkel visited Buenos Aires. In talks with Argentine President Mauricio Macri, Merkel discussed bilateral commerce and efforts to strike a deal with the Mercosur grouping of South American countries.

  • Thursday, June 8th 2017 - 07:02 UTC

    Santander rescues Banco Popular, which was “failing or likely to fail”

    Buying Banco Popular will cost Santander 7bn euros, around 2bn euros more than analysts had expected.

    Spanish Banco Popular has been rescued from the brink of collapse by larger rival Santander for one Euro. Buying Banco Popular will cost Santander 7bn euros, around 2bn euros more than analysts had expected. Banco Popular was described by the European Central Bank as “failing or likely to fail” due to its dwindling cash reserves.The bank has struggled after billions in property investments turned sour.

  • Wednesday, June 7th 2017 - 08:27 UTC

    Argentina and UK agree to implement the trade and investment March MoU

    Ambassador Sersale di Cerisano, minister Greg Hands and Production minister Francisco Cabrera at the Embassy in London

    Argentina and UK agreed to begin implementing in August/September the trade and investment chapters included in the in Memorandum of Understanding signed last March in Buenos Aires. Argentine Production minister Francisco Cabrera is currently in London for a round of business talks with the private sector but also met Trade and Investment minister Greg Hands to continue advancing with the MoU.

  • Wednesday, June 7th 2017 - 07:18 UTC

    Brazilian meat packer Minerva buys JBS plants in Mercosur member countries

    JBS said in a Tuesday securities filing that it sold meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.

    The Brazilian meatpacking giant JBS says it has sold its units Mercosur members, Argentina, Paraguay and Uruguay to companies controlled by a rival meat processing company in Brazil. JBS said in a Tuesday securities filing that it sold meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.

  • Tuesday, June 6th 2017 - 08:05 UTC

    UN opens conference on the health of the world's oceans and seas

    “Improving the health of our oceans is a test for multilateralism, and we cannot afford to fail,” said Guterres during his first major UN conference

    Opening a “game-changing” international conference on the health of the world’s oceans and seas, top United Nations officials urged on Monday coordinated global action to protect the planet. Speaking in the UN General Assembly Hall, Secretary-General Antonio Guterres cautioned Governments that unless they overcome short-term territorial and resource interests, the state of the oceans will continue to deteriorate.

  • Tuesday, June 6th 2017 - 07:33 UTC

    “Pink slime” trial: beef plant demanding US$ 5.7bn from ABC for “fake news”

    BPI says ABC's “disinformation campaign” caused the meat processer's revenues to drop by 80%. They are suing ABC for up to US$5.7bn in damages.

    A trial has begun in South Dakota over a meat processer's claim that it was defamed by ABC News reporting that dubbed its product “pink slime”. Beef Products Inc (BPI) argues ABC and its journalist ruined its reputation in 2012 reports on “lean finely textured beef”, as the industry calls it.

  • Tuesday, June 6th 2017 - 06:54 UTC

    British Airways says “human error” led to travel chaos for 75.000 passengers

    Willie Walsh, CEO IAG said an engineer disconnected a power supply, with the major damage caused by a surge when it was reconnected.

    The boss of British Airways' parent company says that human error caused an IT meltdown that led to travel chaos for 75,000 passengers. Willie Walsh. chief executive of IAG, said an engineer disconnected a power supply, with the major damage caused by a surge when it was reconnected. He said there would now be an independent investigation “to learn from the experience”.