MercoPress, en Español

Montevideo, July 18th 2024 - 01:50 UTC

Mercosur

  • Thursday, July 4th 2024 - 21:59 UTC

    Bolivia's Senate passes Mercosur accession bill

    President Luis Arce Catacora must now sign the country's accession to the Southern Common Market into law

    Bolivia's Senate passed late Wednesday the landlocked country's full Southern Common Market (Mercosur) membership which is thus up for President Luis Arce Catacora to be signed into law. The Lower House approved the initiative on June 14, which would give the head of state to participate in the July 8 Summit in Asunción from a new perspective.

  • Wednesday, July 3rd 2024 - 20:32 UTC

    Mujica and Sanguinetti hope for a “more flexible” Mercosur

    Argentina and Brazil must understand each other for a better Mercosur, argued Sanguinetti (R) at the Aladi forum alongside Mujica

    Former Presidents José Pepe Mujica and Julio María Sanguinetti concurred this week during their appearances at the Latin American Integration Association's (Aladi) Regional Solidarity Integration Forum in Montevideo that Latin American countries needed to “be more flexible” to tackle the problems of today's world.

  • Monday, July 1st 2024 - 10:54 UTC

    Milei not attending Mercosur Summit to dodge Lula faceoff

    Milei insisted he would not recant on his derogatory remarks against Lula out of sheer political correctness

    Argentine President Javier Milei will not be traveling to Asunción for the upcoming Mercosur Summit in the Paraguayan capital on July 8 in a move to avoid meeting face-to-face with his Brazilian colleague Luiz Inácio Lula da Silva, whom he dubbed a “corrupt Communist” during his campaign last year and who insists an apology is in order. Last week the Argentine leader claimed there was nothing to be sorry for and that he would not go back on telling the truth. Foreign Minister Diana Mondino will represent Milei at the regional bloc's gathering.

  • Saturday, June 29th 2024 - 10:18 UTC

    Paraguay and Argentina set roadmap for collaborative work

    Foreign Ministers Ramírez (L) of Paraguay and Mondino of Argentina reviewed bilateral issues on the side of the OAS General Assembly

    Paraguay and Argentina reached an understanding regarding the Paraná-Paraguay River Waterway after Foreign Ministers Rubén Ramírez Lezcano and Diana Mondino gathered in Asunción on the sides of the Organization of American States (OAS) General Assembly.

  • Wednesday, June 26th 2024 - 17:33 UTC

    Milei has nothing to apologize to Lula for, says Spokesman Adorni

    Lula and Milei are to attend the July 8 Mercosur Summit in Paraguay unless something happens, Adorni noted

    Brazilian President Luiz Inácio Lula da Silva insisted that he was not talking to his Argentine counterpart Javier Milei until the latter apologized to him and his country for his derogatory remarks during last year's campaign in which the Libertarian leader spoke of a “corrupt Communist” while remaining close to Lula's adversary and then incumbent Jair Bolsonaro.

  • Wednesday, June 26th 2024 - 10:53 UTC

    Mercosur summit first week of July; Brazil and its domestic integration policy

    The relative success of the 33-year-old trade block is still fighting for a major trade and cooperation deal with the European Union, finalized over two decades ago, but facing rejection

    Next month, from Thursday, July 4th to 8th, the Mercosur pro tempore presidency will be handed by Paraguay to Uruguay, at the capital Asunción during the regional presidential summit. On the occasion, Paraguayan president Santiago Peña will be giving the Mercosur presidency to Uruguay's Luis Lacalle Pou. Still, it will be interesting to see how leaders of the two major members, Argentina's ultra-liberal Javier Milei and Brazil's populist Lula da Silva, who are not on talking terms, will approach circumstances if they effectively attend the summit.

  • Tuesday, June 25th 2024 - 10:28 UTC

    Paraguay's shipping business needs Paraná River dredged as soon as possible

    Some 9,000 people work in Paraguay's river shipping business

    Paraguay's Congress will be asked to declare a hydrological emergency in the Paraná River to speed up dredging after members of the Paraná Joint Commission (Comip) discussed the hydro-climatological last week and agreed on the next actions, Merchant Marine Director Patricio Ortega explained in Asunción.

  • Monday, June 24th 2024 - 09:11 UTC

    Milei discusses Mercosur and OECD with Scholz

    Scholz asked Milei to consider the “social compatibility” of the reforms implemented in Argentina

    Argentine President Javier Milei met this weekend in Berlin with German Chancellor Olaf Scholz in what became his first encounter with a foreign leader not akin to his rightwing philosophy. Nevertheless, both leaders discussed the trade agreement between the European Union (EU) and Mercosur and Argentina's bid to join the Organization for Economic Cooperation and Development (OECD).

  • Friday, June 21st 2024 - 23:04 UTC

    Argentina records historic foreign trade surplus

    Imports are expected to grow as the Argentine peso appreciates against the US dollar

    Argentina recorded a historic foreign trade exchange surplus of US$ 2.656 billion in May, Argentina's Trade Exchange (ICA) reported Thursday in Buenos Aires. The new figures surpassed the previous record of US$ 2.543 billion from May 2009. So far in 2024, Argentina has accumulated a balance of + US$ 8.8 billion.

  • Thursday, June 20th 2024 - 19:17 UTC

    Montevideo remains the most expensive city in the region

    The Uruguayan capital ranked 42nd in the world according to Mercer's list released this week

    Montevideo remained South America's most expensive place to live according to the Mercer Ranking released this week, closely followed by Buenos Aires, a place that has been moving up fast since President Javier Milei's Dec. 10, 2023, inauguration. The list helps multinational employers plan their strategies regarding compensations and other expenses, it was explained. Hong Kong stayed at the top, followed by Singapore, and Sitzerland's Zurich, Geneva, and Basel.