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MercoPress, en Español

Montevideo, April 10th 2026 - 21:32 UTC

International

  • Tuesday, April 12th 2016 - 09:00 UTC

    Don’t Blame Panama. Tax Evasion Is a Global Problem.

    View of Panama City financial district: Panama does not deserve to be singled out on an issue that plagues many countries

    By Juan Carlos Varela (*) - The following was published by The New York Times in The Opinion Pages. DESPITE their name, the Panama Papers are not mainly about Panama. They are not even primarily concerned with Panamanian companies. The more than 11 million documents, illegally hacked and released last week relating to previously undisclosed “offshore” corporations, is roiling the world with revelations of the vulnerability for rampant abuse of legal financial structures by the wealthy.

  • Tuesday, April 12th 2016 - 07:25 UTC

    OAS calls for deep reforms in Peruvian electoral system, following Sundays vote

    EOM said the current system does not provide guarantees: it transmits legal and political insecurity to citizens and can put at risk the political rights of voters

    The OAS Electoral Observation Mission (EOM/OAS) to the general elections in Peru presented on Monday its preliminary technical report on Sunday’s general election, in which it recommends a deep electoral reform, including the system of disqualification of candidates.

  • Monday, April 11th 2016 - 05:46 UTC

    Argentina ready to formally join the IMF fold; Prat-Gay to meet Lagarde this week

    Prat-Gay will attend the IMF-World Bank summit in Washington DC and is expected to discuss the issue with IMF head Christine Lagarde.

    Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.

  • Saturday, April 9th 2016 - 16:39 UTC

    Argentina begins next Monday road-show in UK and US to raise US$ 15bn

    Excluded from foreign credit markets since a default in 2001, Argentina has made peace with litigant investors under the administration of president Mauricio Macri.

    Argentine representatives will begin meeting investors Monday as the country returns to the international bond market for the first time in 15 years, it was announced by Economy minister Alfonso Prat-Gay from Bahamas, where he is attending the Inter American Bank annual assembly.

  • Saturday, April 9th 2016 - 16:13 UTC

    EU and Mercosur agree to exchange market access offers in second week of May

    Commissioner Malmström said that “enhancing trade conditions between the EU and Mercosur would bring important economic benefits to our economies”

    The European Union Trade Commissioner Cecilia Malmström and Rodolfo Nin Novoa, Foreign Minister of Uruguay, which currently holds the rotating presidency of the South American trading bloc Mercosur, agreed on Friday in Brussels on the next steps in the negotiations on an EU-Mercosur trade agreement.

  • Saturday, April 9th 2016 - 15:21 UTC

    Argentine judge will certify Macri's assets' statement; president pledges blind trust

    Lawyer Felipe Llerena representing president Macri delivered a writ before the Civil Appeals Court in Buenos Aires.

    Argentine president Mauricio Macri on Friday requested a court to certify his declaration of assets in order to clear up any doubts following the surfacing of his name in a couple of offshore companies, according to the so called Panama Papers. Lawyer Felipe Llerena presented a writ before the Civil Appeals Court in Buenos Aires.

  • Saturday, April 9th 2016 - 14:59 UTC

    Panama Papers: EU warning; questions why no US or German prominent names have surfaced

    “People are fed up with these outrages,” said Pierre Moscovici, who heads financial affairs for the 28-nation EU.

    A European Union official threatened to sanction Panama and other nations if they don’t cooperate fully to fight money laundering and tax evasion, after a leak of data showed the small country remains a key destination for people who want to hide money.

  • Friday, April 8th 2016 - 08:05 UTC

    Cameron finally admits he owned shares in an offshore trust, which he sold in 2010

    On Wednesday, Downing Street issued a statement saying Mr. Cameron his wife and children did not benefit from offshore funds

    British Prime Minister David Cameron has said he and his wife Samantha owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010. The PM has faced questions over Blairmore Holdings, an offshore company set up by his late father, Ian, and finally on Thursday he old ITV News he had paid all UK taxes due on the profits he made from the sale of the shares and said the firm had not been set up to avoid tax.

  • Friday, April 8th 2016 - 07:28 UTC

    Uruguay in Brussels to begin a crucial round of Mercosur/EU negotiations

    Nin Novoa has a meeting scheduled with EU Trade Commissioner Cecilia Malmström and is expected to agree on dates for the formal exchange of proposals

    Uruguay Foreign Minister Rodolfo Nin Novoa is scheduled to begin this Friday in Brussels what is believed to be the last round of talks with the European Union to reach a wide ranging cooperation and trade agreement between Mercosur and the European Union.

  • Friday, April 8th 2016 - 07:12 UTC

    Irish beef farmers strongly reject accord with Mercosur; protest letter to Trade Commissioner Malmstrom

    Irish Minister for Agriculture Simon Coveney wrote a very strongly-worded letter to European Trade Commissioner Cecilia Malmstrom urging her not to proceed.

    The Irish Farmers' Association has described an European Union offer to allow limited access to the EU market for Mercosur beef producers as “unfair”. The offer, which includes beef producers in Brazil, Uruguay and Argentina, is about to be presented to European Union member states for discussion, ahead of a proposed formal exchange of offers as part of the EU-Mercosur trade negotiations in May.