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MercoPress, en Español

Montevideo, July 6th 2026 - 21:23 UTC

Economy

  • Saturday, January 7th 2017 - 07:14 UTC

    Uruguayan bureaucrats good at cooking inflation numbers

    “UTE Prize”, a good instrument used every December, since 2012, to ensure annual inflation remains at a single digit

    Last December, the CPI actually contracted 0.55%, something similar to what happened twelve months before helped by a significant decrease in the power rate, estimated at 19.65% and which benefitted over a million clients. The logo of the end of the year bonus campaign is “Ute Prize” (UTE is the Uruguayan power company which works under a government monopoly regime).

  • Friday, January 6th 2017 - 10:45 UTC

    “Celebrity Eclipse” will be returning to Argentina for the 2018/19 cruise season

    The 317 meters long vessel will be the largest cruise to make a full season calling in Buenos Aires, Puerto Madryn and Ushuaia, with a passenger turnover of 42.000

    Celebrity Cruises will be returning to Argentina in the 2018/19 season, and in a big way, with the Solstice class vessels, the “Celebrity Eclipse”, according to their local agents in Buenos Aires, Navijet S.A. “Celebrity Eclipse” is among the top twenty largest cruise vessels was launched in 2010, has a maximum capacity of 4.400 including passengers and crew members.

  • Friday, January 6th 2017 - 08:10 UTC

    Falklands: Argentine airlines not in the running for a second flight

    Flights: The process was agreed and bids will be sought this month with a target date for October 2017, said MLAs Mike Summers and Phyl Rendell

    Only Brazilian or Chilean airlines need apply for a second flight to the Falkland Islands from South America it was indicated in a press briefing given in Stanley at the end of December, after MLAs returned from talks in London.

  • Thursday, January 5th 2017 - 10:29 UTC

    China/UK first train freight service: cuts by half the time of the sea link

    The route will “revolutionize the way freight is moved from China” said Mike White, director of its U.K.-based arm, Brunel Shipping.

    China launched its first freight service to the United Kingdom on New Year's day, according to the China Railway Corporation. The service runs from the Chinese city of Yiwu, in the country's eastern Zhejiang province, to Barking in London. The journey lasts for an average of 18 days and more than 12,000 kilometers, according to a Chinese government website.

  • Thursday, January 5th 2017 - 09:54 UTC

    Olympic Games help Brazil break record of visitors last year: 6.6 million, 2 million from Argentina

    “We still have a lot to do to benefit in an efficient manner from the image legacy of the Olympic Games,” Brazil's Tourism Minister Marx Beltrão said.

    Brazil saw a record number of international tourists in 2016, boosted by the first Olympic Games held in South America, official data showed on Wednesday. A total 6.6 million international travelers visited Brazil last year, the tourism ministry said, 4.8% higher than the year before.

  • Thursday, January 5th 2017 - 09:47 UTC

    Trump nominates Wall Street lawyer to head Securities and Exchange Commission

    Clayton, in a statement, thanked Trump for the nomination and said he will work with financial stakeholders to restore confidence in American investments.

    President-elect Donald Trump said on Wednesday he plans to nominate Wall Street lawyer Jay Clayton to head the Securities and Exchange Commission, which regulates financial markets in the U.S. Clayton currently works as a partner with the law firm Sullivan & Cromwell where he specializes in public and private mergers and has worked on several high-profile initial public offerings.

  • Thursday, January 5th 2017 - 09:21 UTC

    Marine Le pen calls for new French currency and pledges referendum on EU membership

    “We have a country that is getting poorer,” said Le Pen. “We can no longer provide quality care to all our compatriots because our social security system is exhausted.”

    Front National leader Marine Le Pen has called for a new French currency and pledged to hold a referendum on the country’s membership of the European Union if she is elected French President later this year.

  • Thursday, January 5th 2017 - 08:04 UTC

    Maduro reshuffles economic team and names new combative vice-president

    Maduro named governor Tarek El Aissami as vice president, replacing Aristobulo Isturiz, who had served as an intermediary with the opposition-run legislative

    Venezuelan President Nicolas Maduro on Wednesday shuffled his cabinet by naming a new economy czar to oversee the OPEC country's decaying populist system and a new oil minister to confront the economic difficulties caused by low oil prices. He also appointed a new vice-president, state governor Tarek El Aissami, a hard liner that could replace Maduro if he is forced to step down.

  • Thursday, January 5th 2017 - 07:50 UTC

    Beijing's “airpocalypse” red alert for smog and yellow alert for fog

    As of Wednesday, the concentration of PM 2.5 in Beijing was 186 ug/m3, seven times higher than what's considered healthy.

    On Wednesday, Beijing was under a “red alert” for smog, the highest of four levels, and a “yellow alert” for fog. Other areas, particularly in northern China were still under red alert as of Wednesday for both fog and smog. The high pollution has been going on for a number of weeks, causing flight delays, and leading to traffic bans, as part of what is called “smog season” or “airpocalypse.”

  • Thursday, January 5th 2017 - 07:38 UTC

    London-Santiago direct flights inaugurated on Wednesday

    Boeing 787-9 Dreamliner with a 216 capacity.

    The new direct flight London-Santiago de Chile inaugurated on Wednesday should help increase the number of visitors from Britain and Europe, said Chilean authorities when they received the British Airways flight at the Chilean capital airport.