Politics

• Thursday, November 14th 2013 - 18:40 UTC

  Uruguay complains at Mercosur against Argentine resolution limiting ports' transshipments

  

  Uruguay made a formal complaint against Argentina before Mercosur regarding the administration of President Cristina Fernandez decision banning Argentine exports from transshipment in Uruguayan ports. The complaint was filed on Wednesday in Caracas at Subgroup 5 which addresses Mercosur maritime transport by Uruguay's Deputy Transport minister Pablo Genta.

• Thursday, November 14th 2013 - 18:30 UTC

  Business climate in Latam receives 'unfavorable' assessment from Brazil's leading foundation

  

  The business climate (ICE) in Uruguay was down in the third quarter of the year, which means the country dropped from position 5 to 7 in the ranking of the eleven economies contemplated in the index elaborated by the Brazilian Getulio Vargas Foundation and Germany's respected IFO.

• Thursday, November 14th 2013 - 18:25 UTC

  Brazilian former president Goulart remains exhume for toxicological tests

  

  The remains of former Brazilian President Joao Goulart (1961/1964) were exhumed Wednesday due to suspicions that he may have been murdered on orders of the military regime that once ruled the country from 1964 to 1985.

• Thursday, November 14th 2013 - 18:17 UTC

  Brazil politics fat cats to jail confirms the Supreme Court in landmark judgment

  

  In a landmark judgment, Brazil's Supreme Court on Wednesday upheld more than a dozen jail terms handed down in a political corruption scandal which broke in 2005.

• Thursday, November 14th 2013 - 18:07 UTC

  Uruguay and US reach sanitary agreement on boneless lamb, beef, offal and live cattle

  

  Boneless and matured lamb and mutton from Uruguay will have access to the United States market as of next 29 November. The announcement was made in Montevideo by visiting US Agriculture Under Secretary Edward Avalos, following its publication in the US Federal Registry and means the conclusion of nine years of negotiations.

• Thursday, November 14th 2013 - 14:14 UTC

  A new challenge: MercoPress in Spanish

  

  Good news for our subscribers, readers and followers. After having consolidated our English language site and following market research and innumerable requests, we have risen to the challenge and, as of this week, MercoPress has a Spanish version.

• Thursday, November 14th 2013 - 07:38 UTC

  IMF to review Argentina's 'new' stats on inflation and GDP, next 9 December

  

  The International Monetary Fund said Wednesday it will review Argentina's progress on improving its economic statistics in December, after censuring the country last February for supplying poor data.

• Thursday, November 14th 2013 - 07:30 UTC

  Fed chief candidate says US economy still performing “far short” of its potential

  

  Janet Yellen, President Obama's choice to lead the Federal Reserve, said the central bank would not stop its stimulus efforts until the labor market improves and inflation rises. The comments came in a statement prepared for her confirmation hearing before the Senate Banking Committee. Thursday's hearing is a chance for Senators to question Ms Yellen.

• Thursday, November 14th 2013 - 07:23 UTC

  October inflation in Argentina reaches 2% and 25.86% in last twelve months

  

  Inflation in Argentina according to the so called Congressional index during the month of October reached 2% and 25.86% in the last twelve months, it was reported by opposition lawmakers.

• Thursday, November 14th 2013 - 04:21 UTC

  “Cristina Fernandez will resume and complete her mandate”, despite fragile health

  

  Argentine president Cristina Fernandez “will resume her duties and complete the four years of her mandate”, there is coincidence on this among incumbents and opposition, even when the leader's health remains delicate, according to Argentine political analyst Nelson Castro.