MercoPress, en Español

Montevideo, July 7th 2025 - 17:13 UTC

Politics

  • Wednesday, July 2nd 2025 - 17:22 UTC

    UK and Falklands waiting for Argentina to make good on commitments, fisheries cooperation and flight from Brazil

    UK Minister for Latin America and Caribbean, Baroness Chapman also participated at the recent OAS annual assembly at Antigua and Barbuda

    Despite an overwhelming support for Argentina’s sovereignty claim over the Falkland Islands during the recent OAS annual assembly at Antigua and Barbuda, the UK Minister for Latin America and Caribbean, Baroness Chapman, pointed to the importance of relationships with friends and allies across the Americas, and is particular with Argentina.

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  • Wednesday, July 2nd 2025 - 15:07 UTC

    Mercosur widens list of external tariff-free goods

    Certain restrictions apply to avoid concentration in any economic sector

    The Southern Common Market (Mercosur) countries will be allowed to add 50 product types to the bloc's common external tariff-free items, per an agreement signed in Montevideo.

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  • Wednesday, July 2nd 2025 - 10:37 UTC

    Bolivia's Central Bank boasts growing reserves

    “The level of reserves continues to grow,” Rojas told reporters

    The Central Bank of Bolivia (BCB) announced this week that its net international reserves (NIR) have continued to grow, reaching US$2.807 billion by the end of June 2025. This represents an increase of US$830 million since December 2024, and a nearly US$200 million increase in the last two months alone.

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  • Wednesday, July 2nd 2025 - 10:33 UTC

    Group of Argentine Governors signs key environmental agreement

    The International Climate Conference is held between July 1 and 3 at Córdoba's Convention Center

    During the 5th World Circular Economy Summit and 1st International Climate Conference in Córdoba, governors from several Argentine provinces signed a landmark agreement ahead of COP30 (to be held in Brazil in 2025) to protect biodiversity, accelerate a shift to a circular economy, and ensure a fair and equitable energy transition.

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  • Wednesday, July 2nd 2025 - 10:29 UTC

    Paraguayan President outlines his administration's achievements

    Peña also urged some lawmakers to put the common good at the center of their efforts

    Paraguayan President Santiago Peña delivered his second management report to Congress, highlighting his administration's achievements over the past two years in areas like education, health, infrastructure, security, and social development.

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  • Wednesday, July 2nd 2025 - 10:26 UTC

    Waterway users support ongoing bidding process

    A key meeting is scheduled for July 23 in Paraná

    Major business users of the Paraná-Paraguay Waterway (agro-exporters, industrialists, and port operators) have issued a joint statement supporting the Argentine government's bidding process for a private operator of the Trunk Waterway. They urge all stakeholders to channel their proposals, including those related to tariffs and environmental impact, through the established technical dialogue tables to avoid hindering consensus.

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  • Wednesday, July 2nd 2025 - 10:20 UTC

    Cabello outlines scope of antiterrorist operations

    Cabello linked these terrorist activities to opposition leader María Corina Machado

    Venezuelan Interior Minister Diosdado Cabello on Tuesday reported on new alleged terrorist plots by the “far right” in collusion with drug traffickers and foreign agents. He asserted that this was a single, coordinated conspiracy, which had been thwarted through arrests across several states, including judges, mayors, and police officers.

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  • Tuesday, July 1st 2025 - 10:55 UTC

    US judge rules against Argentina in YPF restatization case

    The Argentine State retook control of YPF during CFK's second presidency when Kicillof was  economy minister

    Judge Loretta Preska of the Southern District Court of New York ordered Argentina to transfer 51% of YPF shares to an escrow account to settle a US$16.1 billion judgment in favor of Burford Capital and Eton Capital, stemming from the 2012 expropriation of the oil company. The ruling, which Argentina may appeal, surprised the government, as even the US Department of Justice opposed it. The decision led to a sharp decline in YPF shares (1.4% on Wall Street, 3% locally) and a 2% drop in the Merval index.

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  • Tuesday, July 1st 2025 - 09:59 UTC

    UK's Royal Train era coming to an end

    The monarch gave “the fondest of farewells” to the train, which includes a carriage specially created in the 1980s

    King Charles III has decided to decommission the British royal train, a tradition since the Victorian era, as part of cost-cutting and modernization efforts. At the King’s request, the proportion of Crown Estate profits used to fund the monarchy has been reduced from 25% to 12%.

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  • Tuesday, July 1st 2025 - 09:59 UTC

    Maduro says far right's “terrorism” plans thwarted

    The Chavista leader also criticized Türk and called for his removal from office

    Venezuelan ruler Nicolás Maduro said Monday during his weekly broadcast show that, with Colombia's help, his country had dismantled far-right terrorist plans. While highlighting the capture of international terrorists, he also announced the activation of a nationwide military, police, and civilian patrol system to ensure security.

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