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MercoPress, en Español

Montevideo, August 12th 2025 - 22:08 UTC

Politics

  • Thursday, January 18th 2024 - 21:13 UTC

    Argentina: Record highs in parallel dollar rates as the country grapples with economic challenges

    While the wholesale dollar rises by only 70 cents to $819.30, the dynamic “blue” dollar or parallel rate was around $1,240, near its intraday nominal peak of $1,250, presenting a 51.4% gap

    The strength of the dollar in alternative markets is once again exerting pressure on financial dealings on Thursday, with the exchange rate gap reaching 60%, posing challenges to President Javier Milei's economic plan amidst soaring inflation and increasing poverty.

  • Thursday, January 18th 2024 - 10:59 UTC

    Milei holds “very good” meeting with Georgieva

    Milei and Georgieva met for 25 minutes

    Argentine President Javier Milei said his 25-minute meeting Wednesday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum was “very good” after a verbal agreement was reached last week between the credit agency and the South American country. It was the first time that Milei and Georgieva saw each other face to face.

  • Thursday, January 18th 2024 - 10:56 UTC

    Ecuadorean prosecutor handling last week's TV station seizure shot dead

    Suárez has been involved in several high-profile cases related to corruption and organized crime

    Ecuadorean Prosecutor César Suárez who was handling the investigation into the Jan. 9 seizure of a Public TV station by a drug-trafficking gang, was shot dead Wednesday in Guayaquil, adding to the South American country's wave of crime and violence. Suárez took over 20 gunshots, it was reported. National Police “specialized units” have been assigned to the case.

  • Thursday, January 18th 2024 - 10:47 UTC

    Javier Milei warns WEF that Western civilization “is in danger”

    “Capitalism is the only tool we have to end hunger and poverty on the planet,” Milei argued

    Argentine President Javier Milei Wednesday warned global leaders at the World Economic Forum in Davos, Switzerland, that the Western civilization was in peril as it was plunging into socialism and neomarxism. His remarks drew mixed reactions: While his Libertarian followers were elated to hear him say that there, others could simply not believe their ears, some of them through an interpreter because Milei spoke in Spanish.

  • Thursday, January 18th 2024 - 10:40 UTC

    South Georgia flag flies in London to celebrate Possession Day

    South Georgia flag proudly flies over King Charles Street

    This Wednesday 17 January, the flag of UK Overseas Territory South Georgia & the South Sandwich Islands proudly flew over King Charles Street in London to celebrate South Georgia Possession Day. English explorer captain James Cook aboard HMS Resolution named the Island 'Isle of Georgia' in honor of the then Monarch, King George III of Great Britain and Ireland.

  • Thursday, January 18th 2024 - 10:13 UTC

    Sierra Leone Ministerial Delegation expected this week in the Falklands

    Members of the Sierra Leone delegation headed by Minister Dugba which will address fisheries and cooperation issues

    The Falkland Islands Legislative Assembly is pleased to announce the upcoming visit of a delegation from the Sierra Leone Ministry of Fisheries and Marine Resources from the 18th to 23rd of January. Led by Mrs. Princess Dugba, the current Minister of Fisheries and Marine Resources, the delegation aims to explore potential avenues for collaboration and cooperation between Sierra Leone and the Falkland Islands in various critical areas of fisheries management and marine resources.

  • Thursday, January 18th 2024 - 10:10 UTC

    PM Sunak relief: Rwanda Bill approved by Commons but stiffer battle expected at Lords

    The bill, which aims to stop legal challenges against ministers' plans to send asylum seekers to Rwanda, was approved by 320 votes to 276 votes in the Lower House

    British Prime Minister Rishi Sunak has succeeded in getting his key Rwanda bill through the House of Commons after a Tory rebellion failed to materialize, BBC reports. But the bill must now go to the House of Lords, another stiff battle.

  • Wednesday, January 17th 2024 - 19:18 UTC

    Argentina and UK explore economic ties and Falklands resolution in Davos meeting

    Milei mentioned that the discussions didn't delve deeply into the Falklands matter, but they framed it as an agenda item. He expressed a perspective on resolving it through a Hong Kong model

    Argentine President Javier Milei and British Foreign Secretary David Cameron met at the World Economic Forum on Wednesday, signalling a commitment to enhance bilateral trade relations and address the dispute over the Falkland/Malvinas Islands. Both nations engaged in a conflict over this territory in 1982, when Argentina invaded the South Atlantic islands. Since then, the South American country has maintained its claim to sovereignty.

  • Wednesday, January 17th 2024 - 10:49 UTC

    Paraguay with positive trade balance and good news from Israel

    Israeli health authorities have authorized the shipment of bone-in beef from Paraguay, which is considered a historic event for the country and the sanitary conditions of its national herd.

    Land locked and Mercosur member Paraguay exports reached US$ 17,3 billion in 2023, according to the country's Central Bank International Trade Report. This represents a 24,8% increase in US dollars over a similar period a year before. The success is attributed to larger shipments of soybeans, rice and soy flour.

  • Wednesday, January 17th 2024 - 10:48 UTC

    UK: Crucial vote on Rwanda bill this Wednesday; blow to PM Sunak's authority

    In a blow to the PM's authority, 60 Tory MPs backed rebel amendments. No 10 is confident the bill as a whole will still pass later, but is thought to be preparing to offer concessions.

    British Prime Minister Rishi Sunak is facing a crucial vote on his Rwanda bill this Wednesday, after two Conservative deputy chairmen and a ministerial aide resigned to rebel over the issue. BBC has reported that on Tuesday Lee Anderson, Brendan Clarke-Smith and Jane Stevenson stepped down to vote for changes they said would toughen up the legislation.