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Montevideo, July 3rd 2025 - 04:34 UTC

Mercosur

  • Monday, April 23rd 2018 - 09:52 UTC

    Ruling party wins election in Paraguay, but with surprise performance of the opposition

    Mario Abdo Benitez won slightly more than 46% of the vote, with his centrist opponent Efrain Alegre taking almost 43% in a race that was far closer than expected.(Pic AFP)

    Paraguay's Mario Abdo Benitez, “Marito”, who represents the country's long-dominant Colorado Party, was elected as president on Sunday, landing the top job in the country with the smallest economy in Mercosur. The US-educated son of a senior aide to the country's late dictator, Abdo Benitez won slightly more than 46% of the vote, with his centrist opponent Efrain Alegre taking almost 43% in a race that was far closer than expected.

  • Monday, April 23rd 2018 - 09:22 UTC

    China and South Korea seek trade agreements with Mercosur

    South Korean PM Lee Nak-yon in March agreed with Brazilian President Michel Temer to start formal negotiations for a SK/Mercosur free trade deal by June

    China and South Korea are seeking to establish free trade agreements with Mercosur in a strategic response to Washington's increasingly protectionist stance. The East Asian initiatives have resonated well in a region where Washington is keeping its distance. U.S. President Donald Trump has not visited a single Latin American country since taking office in January 2017, and chose not to attend the Summit of the Americas, which recently concluded in Peru.

  • Thursday, April 19th 2018 - 19:16 UTC

    International coffee house and Mexican partner open first store in Montevideo

    Ricardo Rico, Starbucks general manager for Latin America;  Natalia Lapaz, manager of the Montevideo Shopping store; Pablo Jaratz, Starbucks Uruguay General Manager and Pablo de los Heros, head of Als

    Starbucks has opened with great success its first store in Uruguay at the Montevideo Shopping mall in the capital city Montevideo. The store has a unique design and offers a wide range of Starbucks beverages and food, including Starbucks 100% arabica coffees from Latin America and around the world.

  • Wednesday, April 18th 2018 - 18:16 UTC

    Brazilian ex presidential candidate charged with passive corruption and obstruction of justice

    Aecio Neves ran for president and was defeated in the run-off in 2014 by ex president Dilma Rousseff. He was also the national president of his party, PSDB

    Justices from the First Panel of the Brazilian Supreme Federal Court (STF) voted, on Tuesday (17), accepting the charges filed by the Prosecutor General's Office against senator Aécio Neves (PSDB-MG), and former presidential candidate, accused of passive corruption and obstruction of justice.

  • Monday, April 16th 2018 - 02:10 UTC

    The Economist on Uruguay: some serious shortfalls

    Economist Carlos Steneri,

    The Economist recently published an extremely laudatory article on the performance of the Uruguayan economy in the last fifteen years, much of which can be supported but even more needs to be rectified, quite a surprise coming from a publication known for its research rigor. The piece was titled “Uruguay’s record-setting economic growth streak; How a small country outperforms its neighbors” and was published in the March 28th edition.

  • Sunday, April 8th 2018 - 06:43 UTC

    Lula in prison in Curitiba. Fiery-emotional speech to supporters before turning in

    Ever since Wednesday, Lula and his supporters tried everything to delay the start of his prison sentence, battling everywhere from the Supreme Court to the streets.

    Brazil's leftist icon Luiz Inacio Lula da Silva turned himself in Saturday to start a 12-year sentence for corruption after a chaotic attempt by supporters to stop him from surrendering. Surrounded by bodyguards, Lula had to push through a seething throng of supporters to get into a police vehicle outside the metalworkers' union building in Sao Bernardo do Campo, where he had been holed up for two days and nights.

  • Sunday, April 8th 2018 - 06:40 UTC

    UK present at Latin America's Air and Space Fair held in Santiago

    Alexis Hammer, Regional Director for DIT DSO, leads the UK presence at Fidae  supported by Air Vice Marshal Nigel Maddox the Senior Military Adviser

    The 20th Air and Space Fair (Fidae), the most important aviation event in Latin America, kicked off in Chile on Tuesday with a participation of more than 50 exhibitors and about 120 civil and military aircraft. FIDAE, a biennial international air show held in Santiago, Chile, is the largest aerospace and defense fair in Latin America. More than 120,000 attendees are expected to attend during the six days display.

  • Friday, April 6th 2018 - 16:23 UTC

    Lula resists arrest deadline waiting for last minute habeas corpus filed at an appeals court

    Lula spent the night at the São Bernardo do Campo Metalworker's Union in the company of his sons, friends and party leaders

    Former Brazilian president Luiz Inácio Lula da Silva told Folha de Sao Paulo early Friday that he has decided not to turn himself at the Federal Police in Curitiba where he must serve a 12-year prison sentence for corruption, as ordered by judge Sergio Moro.

  • Wednesday, April 4th 2018 - 09:04 UTC

    Minister Faurie in France addresses bilateral relations and Mercosur/EU talks

    Faurie and Jean-Yves Le Drian agreed that the world is immersed in a debate between economic nationalism and multilateralism

    Argentine foreign minister Jorge Faurie met on Tuesday in Paris with his French peer Jean-Yves Le Drian to address current political and economic bilateral relations, as well as the latest advances in the Mercosur/European Union negotiations.

  • Tuesday, April 3rd 2018 - 18:56 UTC

    The Kirchners' most trusted official caught in the Odebrecht corruption web

    De Vido (next to a good friend) is suspected of illegally favoring Odebrecht with US$ 2.3bn contracts for the construction of liquefied natural gas projects

    An Argentine judge has charged ex president Cristina Fernandez de Kirchner former planning minister in a case involving Brazilian company Odebrecht. Argentina's official Judicial Information Center says that Julio De Vido was charged Tuesday with carrying out incompatible deals while in public office.