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MercoPress, en Español

Montevideo, July 17th 2025 - 00:55 UTC

Politics

  • Thursday, July 28th 2022 - 09:10 UTC

    Argentina's never ending tragic farce

    Markets go crazy, and the peso tumbles, resulting in a 150% gap between the black-market exchange rate – euphemistically known locally as the blue rate – and the official rate.

    By Andrés Velasco (*) - Argentine voters are no strangers to financial turmoil, but they keep electing politicians who run large fiscal deficits and finance them by printing pesos. Could it be that the only way for politicians to show they want to save the economy is to destroy it first?

  • Thursday, July 28th 2022 - 09:03 UTC

    Kiwi lawmakers want country's name changed to Aotearoa

    The country already has a Maori-ethnicity Governor-General: Dame Cynthia Alcyion Kiro since 2021.

    A group of New Zealand lawmakers mooted for the country to be renamed Aotearoa, which would much better reflect its Maori ancestry, and the Wall Street Journal has picked up on their bid this week.

  • Thursday, July 28th 2022 - 07:59 UTC

    Fed raises the benchmark interest rate 75 basis points, fourth time running

    Fed Chair Powell explained the decision saying that inflation is still “much too high,” adding that a further “unusually large” increase in the rate may yet come

    For the fourth time running since March the United States Federal Reserve on Wednesday increased benchmark interest rates 75 basis points to its highest level since 2018, in yet another significant effort to contain inflation which is running at a forty-year high of 9,1%, but at the same time avoiding a recession.

  • Wednesday, July 27th 2022 - 21:27 UTC

    Biden back to work after testing negative for COVID-19

    O'Connor also said the President had been infected with the BA.5 Omicron subvariant, which is more transmissible than other strains

    US President Joseph Biden has tested negative twice for COVID-19 and was therefore spared from further isolation, White House sources announced Wednesday.

  • Wednesday, July 27th 2022 - 21:25 UTC

    Fauci, WHO agree: vaccines not enough to stop monkeypox

    Governments should focus on fighting discriminatory biases so that people who might be infected come forward for medical treatment, Fauci argued

    The World Health Organization (WHO) has warned earlier this week that vaccines alone are not enough to stop the spread of the monkeypox epidemic and urged people at risk to take additional precautions. Meanwhile, White House Senior Medical Adviser Dr. Anthony Fauci said in a broadcast interview that about 99% of the cases have occurred in men who have sex with men.

  • Wednesday, July 27th 2022 - 09:47 UTC

    Court rules Uruguay may resume vaccination of children against COVID-19

    The plaintiff lacked standing because he did not fall within the age group, the Appellate Court found

    A Montevideo Court of Appeals Tuesday reversed a previous decision by a lower court halting vaccination of children aged between 5 and 13 years against COVID-19, Health Minister Daniel Salinas announced. The administration of these drugs will be resumed Thursday without prior appointments needed.

  • Wednesday, July 27th 2022 - 09:45 UTC

    “Brazil needs fertilizers to help feed the world, we can't condemn Russia” admits Bolsonaro

    Bolsonaro described Brazil's position as of “equilibrium”, before a global forum on agribusiness in Sao Paulo

    Brazilian president Jair Bolsonaro reiterated his opposition to economic sanctions against Russia and described the Brazilian government's position in the Ukrainian conflict as one of “equilibrium” since Brazil needs a steady supply of Russian fertilizers for its powerful agribusiness sector.

  • Wednesday, July 27th 2022 - 09:40 UTC

    Argentine Central Bank creates “agrodollar” to boost export liquidations

    The new scheme will become available until August 31 to cover the foreign exchange gap, Central Bank (BCRA) CEO Miguel Pesce explained

    Argentina's monetary authorities Tuesday announced the creation of the “agrodollar,” a special exchange rate for agrifood exporters to liquidate their revenues through formal channels at an exchange rate closer to the parallel (“blue”) quotation.

  • Wednesday, July 27th 2022 - 09:30 UTC

    Lacalle Pou and Zelensky hold a telephone conversation: here's what they talked about

    Zelenski called on Uruguay and other Latin American nations to impose sanctions against Russia

    Uruguayan President Luis Lacalle Pou Tuesday spoke with his Ukrainian counterpart Volodymyr Zelensky on the telephone and conveyed to him the South American country's stance condemning Russia's invasion.

  • Wednesday, July 27th 2022 - 09:05 UTC

    Crime and Policing in the Falkland Islands: have your say survey

    The survey is intended to give the public an opportunity to provide feedback on their experiences of contact with the police since 2019

    The Royal Falkland Islands Police (RFIP) has reminded that the month long Survey on Crime and Policing in the Falkland Islands runs until Sunday 31 July. The survey aims to gain insight into public perceptions of crime in the Islands and how the police have dealt with reported crime or incidents. It is intended to give the public an opportunity to provide feedback on their experiences of contact with the police since 2019, in both emergency and non-emergency situations. RFIP is seeking to hear from people across the Islands diverse community.