Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 4th 2025 - 08:00 UTC

International

  • Tuesday, March 22nd 2016 - 06:25 UTC

    Petrobras losses in 4Q climb to US$ 10bn; more staff cuts expected

    Once the crown jewel of Brazil's government, Petrobras' image quickly lost its luster amid mismanagement and corruption.

    Brazil's state-run oil company, Petrobras, reported a record quarterly loss of $10.2 billion on Monday due to a large reduction in the value of some assets amid lower oil prices. Petrobras has been at the center of a sprawling corruption scandal that has ensnared some of Brazil's most powerful lawmakers and business executives.

  • Tuesday, March 22nd 2016 - 02:13 UTC

    Obama scheduled to address the Cuban people on national television and meet dissidents

    Hand on his heart, Obama stood in Revolution Square as a band played the American national anthem, stunning sounds in a country as Cuba

    President Barack Obama in Havana has a busy agenda scheduled for Tuesday which includes a major speech that Cuban officials said would be carried on TV. Before departing for Argentina, Obama has planned to meet with political dissidents and attend a game between Major League Baseball's Tampa Bay Rays and Cuba's beloved national team.

  • Tuesday, March 22nd 2016 - 01:40 UTC

    Obama and Castro agree to disagree, but determined to advance in “a new day”

    “This is a new day,” Obama said, standing alongside Castro after their meeting at Havana's Palace of the Revolution.

    Cuban President Raul Castro directly challenged President Obama on the heels of their historic meeting in Havana on Monday to lift more restrictions on the island and return land used for the U.S. naval base at Guantanamo Bay – as the visiting U.S. president, in turn, chided the Cuban government on democracy and human rights

  • Tuesday, March 22nd 2016 - 01:35 UTC

    “Give me the name of a political prisoner, he will be released before tonight” Castro challenges US reporter

    “Please give me the name of a political prisoner,” Castro said repeatedly, with President Barack Obama standing by his side.

    Cuban President Raúl Castro sparred with US reporters on Monday over Cuba’s human-rights record, saying at one point that it was not fair to ask about prisoners in general and at another point that he would release by the end of the day anyone named as a political prisoner by a reporter.

  • Saturday, March 19th 2016 - 06:24 UTC

    Ex FIFA Blatter was paid US$ 3.76 million and Valcke US% 2.2 million in 2015

    The former FIFA chief, who was suspended with pay in October 2015 and later banned for unethical conduct, made $3.76 million last year.

    FIFA peeled back another layer of secrecy this week as football’s governing body revealed for the first time how much money it was paying disgraced former president Sepp Blatter. The former FIFA chief, who was suspended with pay in October 2015 and later banned for unethical conduct, made $3.76 million last year. He did not earn a performance bonus but did pocket almost $450,000 for reaching 40 years of service at FIFA.

  • Saturday, March 19th 2016 - 06:09 UTC

    Neymar ordered to pay US$ 52.2 million in back taxes to the Brazilian Treasury

    The ruling found that Neymar failed to pay all the tax he owed on income stemming from his contractual relationships with Barça and U.S. sportswear giant Nike.

    A Brazilian court has found Barcelona striker Neymar guilty of tax fraud and ordered him to pay 188.8 million Reais (US$ 52.2) in back taxes, interest and penalties according to reports on the local media on Friday.

  • Saturday, March 19th 2016 - 05:31 UTC

    Evita Peron's 1951 Cadillac official limousine to be auctioned in England

    The going price for the black classic, also used by Evita´s husband, three times Argentine president Peron, is estimated at between 120.000 and 150.000 Euros.

    A 1951 Cadillac which was Argentina's charismatic leader Evita Peron official limousine will be auctioned on Sunday 20 March by Bonhams at Chichester, southern England. The going price for the black classic, which was also used by Evita´s husband, three times Argentine president Juan Domingo Peron, is estimated at between 120.000 and 150.000 Euros.

  • Friday, March 18th 2016 - 05:55 UTC

    Strong 2016 wheat harvests seen in China and South Asia

    FAO issued its first forecast for world's 2016 wheat harvest, projecting 723 million tons of total production, about 10 million tons below last year's record output.

    FAO's latest Cereal Supply and Demand Brief forecasts a 1.4 percent drop in worldwide wheat output in 2016, due mainly to dry weather leading to reduced winter plantings in the Russian Federation and Ukraine. However, China and Pakistan are expected to sustain near-record wheat harvests, and India's output is anticipated to recover.

  • Friday, March 18th 2016 - 03:03 UTC

    It's official: Mercosur and EU will exchange offers for a trade accord on 8 April

    “Both parties have to make concessions. Argentina is willing to do so and include more sectors, which would then be compensated if they are harmed” Braun said

    Argentina is willing to “make concessions” in order to move forward with a free-trade agreement between Mercosur and the European Union (EU), which will likely allow a greater export of agricultural produce, according to Argentina's Trade Secretary Miguel Braun who then reveled that trade offers will be exchanged on April 8.

  • Thursday, March 17th 2016 - 22:55 UTC

    Happy St. Patrick's Day

    Every year on March 17, the Irish and the Irish-at-heart across the globe observe St. Patrick's Day. What began as a religious feast day for the patron saint of Ireland has become an international festival celebrating Irish culture with parades, dancing, special foods and a whole lot of green. Best wishes for a safe, happy & pleasant day of love, peace and joy.