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MercoPress, en Español

Montevideo, July 18th 2025 - 18:03 UTC

Politics

  • Sunday, February 9th 2025 - 19:28 UTC

    BoE chair fears “fragmentation of world economy” if Trump abandons IMF and World Bank

    “Project 2025” blueprint for Trump's presidency, was authored by figures who are now key White House staff, recommended withdrawal from both institutions

    The Governor of the Bank of England Andres Bailey has urged continued US support for two major global economic institutions. According to a piece published by BBC, Mr. Bailey said he was “following extremely closely” whether the Trump administration would change its support for the International Monetary Fund (IMF) and the World Bank.

  • Sunday, February 9th 2025 - 19:04 UTC

    BoE cuts rate to 4.50% but slashed UK growth to 0.75% and ups inflation estimate to 3.5%

    Governor Andrew Bailey mentioned on his press conference on the influence of natural gas prices, which have risen in response to a spell of colder weather

    The Bank of England last Thursday cut interest rates 25 percentage points to 4,50%, but at the same time slashed its growth forecast for the year and warned the near-term outlook for the economy had become complicated.

  • Saturday, February 8th 2025 - 10:52 UTC

    Argentine judge rules travel agency should not advertise Malvinas as UK destination

    Judge Cánepa ruled that advertising the United Kingdom as the country of destination when traveling to the Malvinas (Falkland) Islands was misleading

    Judge Guillermo Patricio Cánepa of the Autonomous City of Buenos Aires (CABA) ruled this week that Cruiseline S.R.L. should not mislead potential customers by advertising cruise services to the United Kingdom's “Islas Malvinas.” The magistrate ordered the company to pull its advertising campaign in that regard and recognize Argentina's sovereignty over the archipelago.

  • Saturday, February 8th 2025 - 09:56 UTC

    Argentina: Lower House gives thumbs down to open primaries

    The PASO elections were created in 2009 under CFK and held for the first time in 2011

    Argentina's Lower House approved this week by 162 votes in favor, 55 against, and 28 abstentions, the elimination of the so-called Mandatory, Simultaneous, and Open Primary (PASO) Elections whereby the country's constituencies chose each party's candidates. The measure proposed by the ruling La Libertad Avanza (LLA) of President Javier Milei now needs to be passed by the Senate before it can be implemented in this year's mid-terms.

  • Saturday, February 8th 2025 - 09:42 UTC

    Runoff seems inevitable after Sunday's elections in Ecuador

    All pollsters foresee Noboa and González qualifying for the second round

    A runoff scheduled for April 13 seems inevitable in Ecuador after this coming Sunday's elections. Pollsters do not seem to agree on the exact figures but all of them foresee that incumbent President Daniel Noboa and his leftwing challenger Luisa González would finish among the two top contenders with neither clinching a decisive majority of at least 50%.

  • Friday, February 7th 2025 - 20:32 UTC

    ICC rejects Trump's sanctions and pledges to keep working

    Trump issued an executive order Thursday whereby ICC members or staffers and their relatives, including their bank accounts and possessions on US soil, can be seized

    The International Criminal Court (ICC) Friday condemned US President Donald Trump's sanctions against the United Nations tribunal while pledging to keep working. The Republican leader's move was deemed an attempt to “harm its independent and impartial judicial work.”

  • Friday, February 7th 2025 - 19:44 UTC

    Two killed as small airplane crashes into São Paulo streets

    The Beechcraft F-90's two occupants died in the crash

    Two people were reported dead and six others injured after a light private aircraft crashed into a bus on Avenida Marquês de São Vicente, in the West Zone of São Paulo, around 7.20 am Friday. First responders were summoned to the spot and Brazil's Aeronautical Accident Investigation and Prevention Centre (Cenipa) was entrusted with the investigation into the causes of the accident.

  • Friday, February 7th 2025 - 09:44 UTC

    Future Human Rights Secretary will be the first trans woman within Uruguay's Executive

    Human rights must be “respected for all, everyone, regardless of race, ethnicity, class, gender identity, sexual orientation, religion, ,” Spinetti insisted

    Uruguay's future Human Rights Secretary Collette Spinetti will be the first trans woman to hold a position in the South American country's Executive Branch. She is also the third trans woman to reach public office after Michelle Suárez, who became Uruguay's first trans senator in October 2017, and Alejandra da Rosa, who was elected mayor (governor) of Tacuarembó in 2020. All three stemmed from President-elect Yamandú Orsi's Broad Front (Frente Amplio - FA).

  • Friday, February 7th 2025 - 09:25 UTC

    Panama drops the Chinese Belt and Road Initiative, but also rejects free transit of US vessels through the Canal

    President Mulino announced on Thursday that Panama will withdraw from the Belt and Road Initiative, a trillion dollars funded global project

    Panama’s President, José Raúl Mulino, announced on Thursday that the country will withdraw from the Belt and Road Initiative, the ambitious Chinese project to fund infrastructure to improve connectivity and economic cooperation with other nations. At the same time US Secretary of State Marco Rubio clarified the claim that Panama “had decided to remove fees for US government vessels transiting the Panama Canal”

  • Friday, February 7th 2025 - 09:04 UTC

    Argentina: BCRA REM report foresees 2.3% CPI in January

    The latest REM report showed a slight improvement from its previous issue's projections

    Argentine Central Bank's (BCRA) monthly Market Expectations Outlook (REM) released Thursday foresaw January's Consumer Price Index (CPI) would stand at 2.3%. Back in December 2024, the REM expected it to be 2.5%.