Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, July 7th 2025 - 09:10 UTC

Latin America

  • Friday, August 16th 2024 - 21:00 UTC

    Panama Canal ups vessel draft to 50 feet

    The news reflects the Canal's commitment to return to normal operating conditions, the ACP said in a statement

    The Panama Canal Authority (ACP) has sent a notice to shipping lines announcing that the maximum draught for vessels passing through the Neopanamax locks between the Atlantic and Pacific Oceans has been increased to 50 feet (15.24 meters). The ACP explained this decision was made in light of the current and projected water levels in Lake Gatun for the coming weeks.

  • Friday, August 16th 2024 - 10:55 UTC

    Maduro disagrees with Lula's idea of repeating elections

    Venezuela's sovereignty must be respected, Maduro insisted

    Venezuelan President Nicolás Maduro Thursday rejected his Brazilian colleague Luiz Inácio Lula da Silva's suggestion that fresh elections could be held as a way out of the current crisis stemming from the July 28 polls when the National Electoral Council (CNE) announced his victory but the opposition cried “fraud” since no documents were produced to back up that result.

  • Thursday, August 15th 2024 - 20:56 UTC

    AMLO not endorsing Lula's new elections plan

    The only thing we ask is that everything is resolved in a peaceful manner, AMLO said

    Mexican President Andrés Manuel López Obrador (AMLO) announced Thursday that he did not share his Brazilian colleague Luiz Inácio Lula da Silva's idea that Venezuela should hold fresh elections to get out of the current crisis.

  • Thursday, August 15th 2024 - 09:31 UTC

    ECLAC highlights low investments and productivity in the region

    “The question is whether the Argentine people will have the patience to wait,” Salazar-Xirinachs wondered

    The Santiago de Chile-based Economic Commission for Latin America and the Caribbean (ECLAC) issued this week a new edition of its annual Economic Survey of Latin America and the Caribbean 2024 report highlighting the region's poor investment performance, low labor productivity, and limited fiscal space.

  • Tuesday, August 13th 2024 - 21:41 UTC

    Ecuador's VP files gender violence complaint against Noboa

    Abad said Noboa was a “macho and misogynist” person

    Ecuadorean Vice President Verónica Abad filed a political gender violence complaint against President Daniel Noboa before Quito's Electoral Court (TCE). Although the case was submitted on Aug. 8, it was not reported until Tuesday. A TCE justice will now determine whether or not to admit the complaint.

  • 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.