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MercoPress, en Español

Montevideo, January 10th 2025 - 04:09 UTC

Mercosur

  • Monday, July 11th 2016 - 06:07 UTC

    Brazilian army take to the streets in a display of force in anticipation of the Olympic Games

    Armored vehicles and trucks carrying troops were accompanied by soldiers decked out in camouflage gear and matching helmets, with rifles slung over their shoulders.

    Brazilian soldiers were on the streets last Saturday, checking out spots around the city that will get intense security when the Rio de Janeiro Olympics open in under four weeks. Armored vehicles and trucks carrying troops were accompanied by soldiers decked out in camouflage gear and matching helmets, with rifles slung over their shoulders. The soldiers covered the city, from Copacabana Beach to the central train station and the renovated port area.

  • Monday, July 11th 2016 - 05:08 UTC

    Meirelles budget lower deficit objective prevails in the Temer administration

    “It was not an easy process to come up with this target,” Meirelles told reporters. “It will require a tremendous effort from our end to achieve the goal.”

    Brazil set a smaller 2017 primary deficit target than initially envisioned, in an attempt to show greater austerity after an increase in spending raised doubts about the government's fiscal discipline. The central government primary deficit target was set at 139 billion Reais (US$41.32 billion) for 2017, a figure well below the 160 billion Reais it initially considered.

  • Monday, July 11th 2016 - 05:04 UTC

    Brazil's six-month inflation remains above same period last year and central bank target

    Despite a slower tendency in June, half year inflation, 8.84%, is above the 6.17% of the first half of last year

    Inflation in Brazil fell in June by 0.35% to an annual rate of 8.84%, but remains almost double the government target, official figures showed. This was an improvement from May, when inflation hit 9.32%, temporarily reversing a three-month falling trend.

  • Friday, July 8th 2016 - 09:47 UTC

    Macri extends business tour to Idaho for a techno conference presided by Bill Gates

    Among the attendants are Bill and Melinda Gates (Microsoft), Larry Page (Google), Mark Zuckerberg (Facebook), media magnate Rupert Murdoch

    Following his business promoting visit to France, Belgium and Germany, Argentine president Mauricio Macri is attending the Sun Valley Conference in the city of Idaho, United States, which is presided over by Microsoft creator Bill Gates.

  • Friday, July 8th 2016 - 09:35 UTC

    Brazil's speaker of the Lower House resigns “to help stabilize the chamber”

    “Only my resignation can help stabilize the chamber,” said Cunha, on the verge of tears and his voice cracking, said at a press conference.

    Brazil suspended speaker of Brazil's lower house of Congress resigned from his post on Thursday, saying the move was aimed at bringing stability to that legislative chamber. Eduardo Cunha still retains his seat in the Chamber of Deputies, although he could lose it as part of an internal legislative process.

  • Friday, July 8th 2016 - 06:41 UTC

    US and Argentina are “regional leaders and long time friends”, says Kerry

    Kerry said that the Argentine and US peoples are bound together by common interests and shared values, democracy, human rights and gender equality.

    Secretary of State John Kerry sent best US wishes to the Argentine people on the 200 years of its declaration of independence on July 9, and underlined that both countries “are regional leaders and long time friends”.

  • Friday, July 8th 2016 - 04:56 UTC

    Uruguayan government insists in transferring Mercosur presidency to Venezuela

    A release from Uruguay's foreign ministry, which was not signed by Nin Novoa, reiterates its decision to transfer the Mercosur chair to Venezuela

    Uruguay ratified on Thursday its willingness to transfer the Mercosur presidency to Venezuela despite objections from the other members, Brazil, Paraguay and Argentina. In a brief statement in its official site, the Ministry of Foreign Affairs said that Uruguay, currently holding the Mercosur pro tempore chair “reiterates its position to proceed to transfer the presidency, in abidance with what is established by the current Mercosur rules”.

  • Thursday, July 7th 2016 - 06:53 UTC

    Rousseff makes impassionate defense against impeachment attempts in Congress

    “What hurts most at this moment is the injustice,” said Rousseff's statement, read out by her lawyer Eduardo Cardozo.

    Brazil's suspended president Dilma Rousseff rejected attempts to impeach her as an “injustice” in a defense filing Wednesday, as a decision on her political fate moved a step closer. The affair has rocked Brazil as it struggles with a recession and corruption scandals ahead of next month's Olympic Games in Rio de Janeiro.

  • Thursday, July 7th 2016 - 06:46 UTC

    Cristina Fernandez back in court: Judge decides inhibition on her properties

    Judge Bonadio decided an inhibition on Cristina Fernandez properties after she rejected a 15-million Peso embargo on her assets.

    Former Argentine President Cristina Fernandez on Wednesday filed a complaint against the judge who recently opened an investigation into allegations she defrauded the state as part of her government's handling of the dollar futures market. Fernandez, who governed Argentina from 2007 to 2015, filed the complaint against judge Claudio Bonadio after appearing in his court in connection with the case.

  • Wednesday, July 6th 2016 - 06:54 UTC

    Brazil asks Mercosur chair transfer to Venezuela to be delayed until August

    Serra told Uruguay president Vázquez, “we're asking for more time. Let's wait 'til August, the Mercosur presidency must be the result of an unanimous decision”

    The deep differences among Mercosur members as to who should hold the group's rotating chair this second half of the year surfaced openly in Montevideo with the surprise visit of Brazilian foreign minister Jose Serra and ex president Fernando Henrique Cardoso. The Brazilin delegation formally requested Uruguay, which currently holds the six/month Mercosur chair to suspend the transfer to Venezuela until at least August.