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MercoPress, en Español

Montevideo, July 3rd 2025 - 10:23 UTC

Latin America

  • Tuesday, August 13th 2024 - 10:20 UTC

    Sharp increase in Peruvian exports reported

    “This performance is a clear sign of the importance of the sector for the development of the national economy,” Galdo noted

    Peru's Ministry of Foreign Trade and Tourism (Mincetur) confirmed Monday that exports from the South American country went up 7.2% yoy in the first semester of 2024, totaling US$ 33.046 billion thanks to a combined increase in prices and volumes. In June alone, exports grew 11.6 % year-on-year, reaching US$ 6.032 billion due to higher sales of fishery products (186%), particularly of anchovies.

  • Monday, August 12th 2024 - 06:43 UTC

    Virtual Summit featuring Maduro, Lula, Petro, and AMLO being arranged

    “The purpose is to generate a dialogue that leads to very specific agreements,” Murillo pointed out

    According to Colombia's Foreign Minister Luis Gilberto Murillo, a virtual summit bringing together Presidents Nicolás Maduro (Venezuela), Luiz Inácio Lula da Silva (Brazil), Gustavo Petro (Colombia), and Andrés Manuel López Obrador (AMLO - Mexico) has been agreed upon to discuss the crisis triggered by the July 28 elections which both the ruling party and the opposition in Caracas claim to have won.

  • Thursday, August 8th 2024 - 22:11 UTC

    Brazil expels Nicaraguan ambassador in reciprocity for Managua's gesture

    Ortega never replied to Lula's requests for direct talks regarding an incarcerated clergyman

    The Brazilian Government of President Luiz Inácio Lula da Silva Thursday expelled Nicaragua's Ambassador Fulvia Patricia Castro Matus from Brasilia in retaliation for Managua's decision to send Breno Dias da Costa home for failing to show up at the 45th anniversary of the Sandinista Revolution on July 19, Agencia Brasil reported.

  • Wednesday, August 7th 2024 - 09:00 UTC

    Lula lays the foundation stone of Chile's Space Center

    “There is no activity today that does not require space infrastructure,” Lula underlined

    Brazilian President Luiz Inácio Lula da Silva Tuesday laid the foundation stone of Chile's planned Space Center at the Cerrillos Air Base in Santiago during a ceremony also attended by his local colleague Gabriel Boric Font. The two countries also signed a Memorandum of Understanding on Cooperation in Space Activities for Peaceful Purposes.

  • Tuesday, August 6th 2024 - 10:39 UTC

    Petrobras finds gas in the Colombian Caribbean and sets eyes on Namibia's potential

    The consortium made up of Petrobras and Ecopetrol will continue operations to complete the project and carry out a formation test by the end of 2024.

    Brazil's oil giant has reported the discovery of a significant gas resource from a well drilled off shore Colombia in the Caribbean. The Uchuva 2 well is some 32 kilometers from the coast at a depth of 804 meters. This new drill is considered an extension of a natural gas field drilled at the Uchuva 1 well back in 2022, at a depth of 830 meters.

  • Tuesday, August 6th 2024 - 10:12 UTC

    Lula and Boric agree to have Bioceanic Corridor operational by 2025

    The two leaders also signed 19 bilateral agreements

    Presidents Gabriel Boric Font and Luiz Inácio Lula da Silva Monday agreed on the importance of speeding up the construction of the bioceanic corridor. They made those remarks while appearing at the Chile-Brazil Business Forum in Santiago. Later in the day, they also signed 19 bilateral understandings.

  • Monday, August 5th 2024 - 10:35 UTC

    Former Colombian President warns of plan to hold fresh elections in Venezuela

    “This plan must be avoided,” warned also Duque, who insisted González Urrutia had won on July 28

    Former Colombian President Iván Duque Márquez said Sunday on X that Venezuela's Supreme Court (TSJ) was considering the possibility of annulling the July 28 elections reportedly won by incumbent President Nicolás Maduro given an alleged “cyberattack” that would have affected the integrity of the electoral data.

  • Monday, August 5th 2024 - 08:52 UTC

    Lula lands in Chile to boost bilateral ties

    Lula was welcomed by Foreign Minister Alberto van Klaveren

    The Brazillian Air Force (FAB) jet carrying President Luiz Inácio Lula da Silva landed in Santiago Sunday evening. The visiting head of state was welcomed by Foreign Minister Alberto van Klaveren ahead of Monday's meeting with his Chilean colleague Gabriel Boric Font.

  • Saturday, August 3rd 2024 - 09:40 UTC

    Argentina decrees 63% hike on Paraná-Paraguay Waterway tolls

    The new price was set taking into account the CPI over the last 22 years, it was explained

    The Argentine administration of President Javier Milei decreed a 63% hike in the tolls collected from barges sailing through the Paraguay-Paraná Waterway effective this month. The adjustment set a new price of US$ 4.98 (from the previous US$ 3.06) per Net Register Ton (NRT). The figure is projected to reach US$ 6.04 per TRN in 2027.

  • Saturday, August 3rd 2024 - 09:13 UTC

    Mercado Libre tops ranking of LatAm companies

    “We had to do it... and we did it,” Galperín wrote on X after celebrating the company's 25th anniversary

    Mercado Libre, the company founded by Argentine entrepreneur Marcos Galperin, once again became the most valuable in Latin America with a market price exceeding US$ 90 billion, thus outperforming Petrobras (US$ 87.64 billion), Itaú (US$ 56.5 billion) and Walmart Mexico (US$ 54.95 billion).