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MercoPress, en Español

Montevideo, December 27th 2025 - 03:53 UTC

Latin America

  • Monday, May 14th 2018 - 08:34 UTC

    Nicarguan army sides with protests, calls for an end to violence

    The protests have expanded to at least eight departments, including clashes over the weekend between protesters, police and pro-government civilian groups.

    Nicaragua's military called for a halt to violence that has rocked the country during weeks of protests and a deadly crackdown by police and supporters of President Daniel Ortega's government. In a statement late Saturday, the army also expressed solidarity with families of those who have died — more than 60, according to a human rights group.

  • Saturday, May 12th 2018 - 07:31 UTC

    Falklands' Premier Oil figures commissioning three FPSOs in next seven years, reports GlobalData

    “Quarterly Global FPSO Industry Outlook” has Brazil leading FPSO deployments in South America. The report includes region-wise planned and announced FPSOs

    South America, including the Falkland Islands, has the highest number of planned and announced floating production, storage, and offloading units (FPSOs) to be commissioned by 2025, according to a report by GlobalData. World wide 74 planned and announced FPSOs are set to become operational for the outlook period between 2018 and 2025.

  • Saturday, May 12th 2018 - 06:35 UTC

    Uruguay ratifies Inter-American Convention against All Forms of Discrimination and Intolerance

    Uruguayan ambassador Hugo Cayrús and OAS Secretary General Luis Almagro (L/R)

    Uruguay on Friday deposited at the headquarters of the Organization of American States (OAS) in Washington DC, the instrument of ratification of the Inter-American Convention against all Forms of Discrimination and Intolerance, becoming the first state to ratify it. Uruguay is also the only one that has ratified all the binding legal instruments of the inter-American system.

  • Wednesday, May 9th 2018 - 07:32 UTC

    Peso storm: Argentina requests a US$ 30bn precautionary credit from IMF

    “This will allow us to face the new global scenario and avoid a crisis like the ones we have faced before in our history,” President Macri said in a televised address

    Argentina asked the International Monetary Fund for financing to help stem a run from the Peso to the US dollar that is sparking a surge in interest rates and threatening to derail the country's economic recovery. The sum requested is estimated between 25 and 30bn dollars, 500% Argentina's IMF quota and could be disbursed in two forms, a flexible credit line or a precautionary credit line.

  • Wednesday, May 9th 2018 - 07:16 UTC

    UK appoints Trade Commissioner for Latin America and the Caribbean

    “With the IMF predicting that 90% of growth will come from outside the EU, we need to look at where the emerging markets are”, said Dr. Liam Fox.

    The United Kingdom's International Trade Secretary, Dr Liam Fox, named a new Trade Commissioner to champion British trade with Latin America and the Caribbean, as the UK prepares for future trade agreements with countries around the world.

  • Wednesday, May 9th 2018 - 07:10 UTC

    Latin American (and global) currencies hit by strong dollar and Trump's policies

    The market’s attention was on President Donald Trump’s decision to withdraw from the international nuclear agreement with Iran, a deal which eased economic

    The dollar hovered near a four-month high on Tuesday, continuing to draw support from higher Treasury yields and upbeat prospects for the U.S. economy, leaving its major rivals such as the Euro struggling and other Latin American currencies including the Argentine peso down sharply.

  • Tuesday, May 8th 2018 - 08:32 UTC

    Pence calls on Maduro to suspend sham elections and asks OAS to suspend Venezuela

    “We call on Maduro to suspend the sham elections, and hold real elections,” the vice president told the gathering in Washington.

    US Vice President Mike Pence on Monday urged Venezuela to suspend a divisive May 20 election he denounced as a “sham,” as Washington slapped fresh sanctions on Nicolas Maduro's regime. In an address to the Organization of American States, Pence slammed the upcoming presidential vote -- boycotted by the opposition and branded illegitimate by much of the international community.

  • Thursday, May 3rd 2018 - 08:29 UTC

    Dominican Republic drops Taiwan and establishes relations with Beijing

    The Dominican Republic said it believed its switch to ties with China would be “extraordinarily positive for the future of our country”, in an official statement

    The Dominican Republic and China announced on Tuesday they were establishing diplomatic relations as the Caribbean country became the latest nation to dump Taiwan, leaving it with just 19 diplomatic allies around the globe. Taipei said it was “deeply upset” at the decision, which it blamed on “dollar diplomacy”. The move deepens the island's international isolation while its giant neighbor flexes its economic and political might on the global stage.

  • Monday, April 30th 2018 - 09:00 UTC

    Massive peaceful turnout in Nicaragua, with a month mediation of the Church

    The rally took place just hours after university students at the forefront of anti-government unrest issued conditions for talks with President Daniel Ortega.

    Thousands of Nicaraguans marched peacefully through the capital Managua on Saturday in a mass demonstration to demand justice following the violent suppression of a wave of protests that left at least 43 people dead. During the rally, which was called by the Catholic church, Managua's bishop issued a deadline of one month to see if there was a serious intention to achieve change through a national dialogue aimed at resolving issues that triggered the country's worst unrest in 11 years.

  • Friday, April 27th 2018 - 13:34 UTC

    The Washington Post: The political rot in Nicaragua

    By the thousands, Nicaraguans have taken to the streets in protest, and Ortega has responded with demonizing propaganda, media censorship and police gunfire.

    Nicaragua is a volcanic nation, geologically and politically. Forty years ago, seemingly out of nowhere, a series of popular eruptions shook the entrenched regime of Anastasio Somoza, who fell from power on 19 July, 1979. Today, one of the revolutionary architects of that dictator’s ouster, Sandinista party chief Daniel Ortega, rules the country of 6.1 million as high-handedly and corruptly as Somoza ever did.