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MercoPress, en Español

Montevideo, June 6th 2025 - 13:06 UTC

Latin America

  • Monday, November 25th 2024 - 09:15 UTC

    Cost of Crime in Latin America and the Caribbean equivalent to 78% of public budget for education

    “Our study shows that crime is a significant burden on our societies and economic development,” said Ilan Goldfajn, IDB President.

    Latin America and the Caribbean social and economic development remains heavily burdened by crime and violence, a new Inter-American Development Bank (IDB) study shows. The direct costs of crime and violence in Latin America reached 3.44% of the region’s Gross Domestic Product (GDP) in 2022, mostly unchanged from a previous IDB study published in 2017. 

  • Monday, November 25th 2024 - 09:06 UTC

    Cuba takes delivery of Brazilian aid for hurricane victims

    Rivas underlined the importance of bilateral ties between Cuba and Brazil

    Cuban authorities received this weekend a shipment from Brazil of US$ 86,000 worth of humanitarian help in the wake of hurricanes hitting the Caribbean island in recent days. A similar package was sent from the South American country during the Covid-19 crisis, it was also explained, representing Brazil's commitment to cooperation and friendship between both nations.

  • Monday, November 25th 2024 - 08:52 UTC

    New sex violence case filed against Ecuador's President

    “My struggle is for an Ecuador where women's rights are respected,” Coello stressed

    Ecuador's President Daniel Noboa faces yet another sex violence complaint after the case was filed by the alleged victim, Democracia Sí Vice Presidential contender María Luisa Coello, before the Electoral Contentious Tribunal (TCE).

  • Monday, November 25th 2024 - 08:40 UTC

    Paraguayan FM seeks top OAS position

    Trump apparently prefers Ramírez over the Surinamese contender

    Paraguay's Foreign Minister Rubén Ramírez Lezcano has become a strong contender to replace the Uruguayan Diego Almagro as Secretary-General of the Organization of American States (OAS) following talks with US President-elect Donald Trump and his future aide Elon Musk, it was reported through X.

  • Friday, November 22nd 2024 - 19:47 UTC

    At least 12 arrested in Ecuador anti-gov't demonstration

    Villavicencio said the mobilization was in rejection of the economic crisis, the insecurity hitting the country, and the energy crisis that has affected employment

    Ecuador's law enforcement forces arrested at least 12 people during Thursday's anti-government protests in Quito, which also left three policemen injured out of 2,000 deployed to disperse the demonstrators who opposed the administration of President Daniel Noboa amid an unprecedented energy crisis that made electricity a scarce commodity as daily blackouts last up to 14 hours. The mobilization had been called by the United Workers' Front (FUT) and by several student federations to protest against Noboa's policies.

  • Friday, November 22nd 2024 - 10:53 UTC

    Milei regrets ICC's measure against Netanyahu

    Israel has an ally in Argentina, insisted Milei

    Argentine President Javier Milei Thursday expressed his “profound disagreement” with the arrest warrant issued by the International Criminal Court (ICC) against Israel's Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant. In the Libertarian leader's view, the ruling “distorts the spirit of international justice.”

  • Friday, November 22nd 2024 - 10:20 UTC

    Praise for Milei’s stabilization program: IDB approves 2 billion dollars in loans for Argentina

    The loans will assist the country in key measures to strengthen public finances, energy sector sustainability, and child development

    The Inter-American Development Bank (IDB) Executive Board approved four operations, totaling over 2 billion US dollars to support Argentina's strategy to promote fiscal sustainability and lay the groundwork for sustainable and equitable growth. The loans will assist the country in key measures to strengthen public finances, energy sector sustainability, and child development. Additionally, the IDB will support the City of Buenos Aires in improving access to public health services.

  • Thursday, November 21st 2024 - 09:27 UTC

    Guyana oil output breaking all oil exploration and production records

    Since January 2024, oil companies offshore Guyana are pumping over 600,000 barrels per day, with developments, completed at a scorching pace

    The impoverished South American country of Guyana is emerging as a major international oil producer and exporter. The former British colony is expected to become not only South America’s top oil producer but a key driver of world petroleum supply growth. The country has also become one of the fastest growing economies in the region, according to the World Bank and the Inter-American Development Bank

  • Wednesday, November 20th 2024 - 09:34 UTC

    Fuel supply getting back to normal in Bolivia

    “The lines we had for gasoline have progressively diminished,” Hurtado said

    Bolivia's State-run oil company YPFB announced Tuesday that it had restored fuel shipments to the levels before the 24-day road blockade by former President Evo Morales followers, which disrupted supply and caused a nationwide crisis. YPFB explained that 7 million liters of gasoline and the same amount of diesel were distributed, thus ending the long queues at petrol stations that had become a common sight in recent weeks.

  • Tuesday, November 19th 2024 - 09:38 UTC

    Ortega discloses blueprints for projected Nicaragua Canal

    Traffic through the Panama Canal is slow and there are no alternatives, Ortega underlined

    Nicaraguan President Daniel Ortega Monday launched the blueprints for a 445-kilometer long canal through his country linking the Caribbean SSea with the Pacific Ocean, which would be an alternative to the existing transoceanic path in Panama, where the United States has a key say.