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MercoPress, en Español

Montevideo, November 1st 2025 - 23:41 UTC

Politics

  • Monday, May 2nd 2016 - 07:54 UTC

    Argentine needs US$ 37bn to address the budget deficit and foreign debt payments

    The government will “very soon” issue a new Treasury note to capture dollars that are being stored “under the mattress”, Finance Secretary Luis Caputo said.

    Argentina will issue a fresh round of dollar-denominated debt notes worth an estimated US$8 billion in the next few days, top officials from the Finance Ministry confirmed. The government will “very soon” issue a new Treasury note to capture dollars that are being stored “under the mattress” in a process that will kick off with a meeting with bankers, Finance Secretary Luis Caputo said.The Argentine government hopes to bring in US$5 billion through the issuance.

  • Monday, May 2nd 2016 - 05:56 UTC

    Maduro announces 30% increase in the minimum wage

    The new minimum is equivalent to US$ 1.500 at the official exchange rate, but around US$ 50 at the current black market rate

    Venezuela's president Nicolas Maduro has ordered a 30% increase in the minimum wage, the latest move by the socialist government to grapple with high inflation and economic stagnation.

  • Monday, May 2nd 2016 - 05:42 UTC

    Rousseff pledges “to fight to the end” and some groups anticipate “civil disobedience”

    “If they can do this to me, what will they do to working people?” she asked, announcing a new increase to the family allowance program called Bolsa Familia.

    Brazil's populist president Dilma Rousseff vowed at a protest on Sunday, International Labour Day, that she would go down fighting ahead of what could be her final full week in power before impeachment.

  • Monday, May 2nd 2016 - 05:34 UTC

    Venezuela moves local time 30 minutes up, back to normal

    The measure is part of a government plan to attend to the electrical and water emergency caused by the drought, aggravated by this year's El Niño

    Venezuelan government on Sunday moved local time up 30 minutes, to four hours behind UTC, with an eye toward dealing with the emergency caused by the ongoing severe drought. The time change will enter into effect as of this month and brings Venezuela back to the time schedule that prevailed until 2007, when the government shifted the nation's clocks back by half an hour.

  • Sunday, May 1st 2016 - 13:43 UTC

    Magallanes region unemployment during the first quarter reached 3.1%

    By gender men's unemployment reached 3.4%, half a point percentage increase over a year ago and for women there was a 0.6 percentage point drop to 2.6%.

    Magallanes Region in the extreme south of Chile has an unemployment rate of 3.1% during the first quarter of the year, which represents a 0.1 percentage point increase over the same period a year ago, according to the latest stats.

  • Sunday, May 1st 2016 - 08:55 UTC

    International Trade Union Confederation May Day Statement - 2016

    ”When political and corporate leaders conspire to hide the vast wealth of the 1%, avoiding the taxes that are the bedrock of social protection, then all are vulnerable.

    ”Today is a day to celebrate the achievements that through generations union men and women have won: peace, democracy, rights and decent work for millions of people.

  • Saturday, April 30th 2016 - 13:52 UTC

    South Atlantic poacher Hua Li 8, arrested by Indonesian for illegal fishing

    On January 29, the Chinese flagged Hua Li 8 was detected fishing within the EEZ of Argentina, but managed to escape

    Almost two months of efforts coordinated by Interpol with the cooperation of seven countries on four continents, the Indonesian Armed Forces arrested one of the most wanted poaching fishing vessels. On January 29, the Chinese flagged Hua Li 8 was detected fishing within the EEZ of Argentina, which triggered an immediate operation to arrest the vessel. But despite the display of patrol vessels and aircrafts, and warning shots, the vessel managed to escape.

  • Saturday, April 30th 2016 - 12:41 UTC

    British Supreme Court Justice gives a lecture in Buenos Aires on the Carta Magna

    Lord Carnwath gave a lecture on the 1215 Magna Carta of the United Kingdom, that involved the debate over key human rights aspects.

    Visiting British Supreme Court Justice Lord Robert Carnwath gave a lecture for the United Kingdom Course of the University of San Andres, in Buenos Aires. Among important participants to the event were the President of Argentina’s maximum tribunal, Ricardo Lorenzetti, as well as magistrates, prosecutors and renowned law experts.

  • Saturday, April 30th 2016 - 12:12 UTC

    Argentine unions take to the streets to protest job cuts and inflation

    ”This is a historic gathering ... We understand that the interests of the workers come before the interests of the union leaders,” said Hugo Moyano

    Argentina’s strongest unions brought thousands of people into the streets Friday to protest high inflation and job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December. Demonstrators waving blue and white Argentine flags flooded the main avenues of Buenos Aires, blocking traffic in a protest that brought together rival unions that put aside differences to protest Macri’s policies.

  • Saturday, April 30th 2016 - 11:45 UTC

    YPF will fight back legal claim seeking US$ 500 million for rescinding contracts

    YPF said it was notified that it must pay damages of US$184.5 million to Brazilian electric utility AES and US$319.1 million to Transportadora de Gas del Mercosur

    Argentina's state-run energy company YPF said this week it will fight a legal claim seek more than US$500 million in damages for rescinding natural gas export contracts in 2009. “YPF shall use all its legal resources to defend its interests and those of its shareholders,” the company said in a filing with the Buenos Aires Stock Exchange.