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MercoPress, en Español

Montevideo, July 6th 2025 - 03:27 UTC

Latin America

  • Saturday, July 5th 2025 - 10:31 UTC

    Ecuador: Emergency declared in two provinces due to torrential rains

    One person died, and oil exports had to be stopped

    The Ecuadorean Government Friday declared a 45-day regional state of emergency in the Amazonian provinces of Zamora Chinchipe and Napo due to severe rainfall, flooding, and landslides. These conditions have significantly impacted residents, homes, basic services, and critical infrastructure, including the road network and the nation's two main oil pipelines, the Heavy Crude Oil Pipeline (OCP) and the Trans-Ecuadorian Pipeline System (SOTE).

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  • Friday, July 4th 2025 - 14:03 UTC

    Colombian FM resigns over differences with President Petro

    Sarabia's departure added to Petro's internal crisis

    Laura Sarabia resigned this week as Colombia's Foreign Minister, citing “differences” with President Gustavo Petro in “recent days.” Her departure adds to a cabinet crisis that has seen over 50 ministerial changes in three years.

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  • Friday, July 4th 2025 - 10:12 UTC

    Arce addresses domestic and global issues at Mercosur Summit

    Arce presented a forward-looking proposal for regional productive integration within Mercosur

    During his speech at the 66th Ordinary Meeting of the Common Market Council and the Summit of Presidents of Mercosur and Associated States in Buenos Aires, Bolivian President Luis Arce Catacora addressed both domestic challenges and regional aspirations.

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  • Friday, July 4th 2025 - 10:00 UTC

    Lula and Peña discuss espionage case

    Both leaders also exchanged invitations for reciprocal visits

    Presidents Luiz Inácio Lula da Silva of Brazil and Santiago Peña of Paraguay on Thursday discussed during the Southern Common Market (Mercosur) Summit in Buenos Aires the ongoing investigation into an intelligence operation carried out during the Jair Bolsonaro years to obtain confidential information from Paraguayan officials involved in negotiations on the binational Itaipu power plant. Both leaders also exchanged invitations for reciprocal visits.

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  • Thursday, July 3rd 2025 - 10:19 UTC

    S&P doowngrades Bolivia's ratings

    S&P did not rule out further downgradings in the coming months

    Standard & Poor's (S&P) downgraded Bolivia's long-term credit rating from 'CCC+' to 'CCC-' with a negative outlook. This decision was driven by increasing debt servicing costs and a deteriorating external financial profile, which could make it harder for the landlocked country to access financing and potentially hinder its ability to pay off debt in the coming months.

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  • Thursday, July 3rd 2025 - 10:13 UTC

    Petro accuses former FM of plotting to overthrow him

    The legal action stems from leaked audio recordings in which Leyva allegedly discusses strategies to oust the president, including seeking “external support” from a foreign government

    Colombian President Gustavo Petro filed a lawsuit Wednesday against former Foreign Minister Álvaro Leyva for allegedly plotting to remove him from power. The former official has been accused of treason, libel, slander, conspiracy to commit sedition, and incitement to commit a crime.

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  • Thursday, July 3rd 2025 - 09:13 UTC

    Peruvian prosecutors want Keiko Fujimori sentenced to 35 years in jail

    The “cocktail case” is named after the defense's claim that funds were raised through a series of cocktail parties

    Peruvian Lava Jato prosecutor José Domingo Pérez submitted a filing Wednesday requesting a 35-year prison sentence for former presidential candidate Keiko Fujimori, in a revised criminal indictment in the so-called “cocktail case,” which investigates the alleged irregular financing of her 2011 and 2016 election campaigns. In a previous proceeding ending up in a mistrial in April this year, a 30-year sentence had been sought.

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  • Wednesday, July 2nd 2025 - 10:55 UTC

    Bi-oceanic corridor feared to hamper Montevideo Port's future

    Montevideo is expensive and Uruguay is a small country, Pozzi explained

    Uruguayan National Port Administration's (ANP) representative at the River Plate Basin Terminal (TCP), Jorge Pozzi, raised concerns Tuesday during a radio interview about the future of Montevideo's port. In his view, the proposed Pacific-Atlantic bioceanic corridor, connecting Brazil with Chile or Peru, could bypass Uruguay entirely, significantly impacting its system, economy, and thousands of workers.

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  • Wednesday, July 2nd 2025 - 10:37 UTC

    Bolivia's Central Bank boasts growing reserves

    “The level of reserves continues to grow,” Rojas told reporters

    The Central Bank of Bolivia (BCB) announced this week that its net international reserves (NIR) have continued to grow, reaching US$2.807 billion by the end of June 2025. This represents an increase of US$830 million since December 2024, and a nearly US$200 million increase in the last two months alone.

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  • Wednesday, July 2nd 2025 - 10:26 UTC

    Waterway users support ongoing bidding process

    A key meeting is scheduled for July 23 in Paraná

    Major business users of the Paraná-Paraguay Waterway (agro-exporters, industrialists, and port operators) have issued a joint statement supporting the Argentine government's bidding process for a private operator of the Trunk Waterway. They urge all stakeholders to channel their proposals, including those related to tariffs and environmental impact, through the established technical dialogue tables to avoid hindering consensus.

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