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MercoPress, en Español

Montevideo, July 12th 2026 - 11:53 UTC

Politics

  • Friday, July 10th 2015 - 07:00 UTC

    Putin announces BRICS development bank and currency reserve pool

    “The New Development Bank will be financing large-scale transport and energy projects and industrial development,” Putin said after talks with BRICS leaders

    Russian President Vladimir Putin said on Thursday that a new BRICS bank would become fully operational and finance energy projects next year as emerging markets attempt to challenge the Western-dominated financial system. BRICS nations -- Brazil, Russia, India, China and South Africa -- which represent 40% of the world's population, agreed in 2013 to establish their own development bank, with estimated capital of $100 billion.

  • Friday, July 10th 2015 - 06:38 UTC

    Cristina Fernandez campaigning hard to ensure the Kirchnerite legacy and 'Argentine independence'

    “There have always been, and there will always be, attempts to reduce the state. Some will try to go back to neoliberal policies,” said Cristina Fernandez

    Argentine President Cristina Fernández clearly on the campaign trail ahead of October's national elections, has warned economic and political opposition groups could attempt to force the country reintroduce “neoliberal policies,” dismantling the “inclusive state” built in the last twelve years. And beware because “now we can say that we are really an independent country”.

  • Thursday, July 9th 2015 - 06:51 UTC

    Francis in Bolivia greeted as a 'brother' with 'a message of hope and liberation'

    Francis welcomed the “important steps” Morales' government had made “to include wide sectors in the country's economic, social and political life.”

    Pope Francis greeted Bolivia with a message of inclusion, a central theme of his three-nation tour to his home continent, as he arrived in South America's poorest nation. Landing in La Paz early in the evening, thousands of faithful -- many of whom had spent a chilly night outdoors waiting for him -- welcomed the pope as choirs sang in the indigenous Aymara language.

  • Thursday, July 9th 2015 - 06:29 UTC

    Brics summit takes off in Russia with an agenda full of economic and political issues

    Putin met with Brazilian president Rousseff in the sidelines of the summit. Brazil is interested in funding for an ambitious railway infrastructure project

    Russian President Vladimir Putin met on Wednesday with his Brazilian counterpart, Dilma Rousseff at the Siberian city of Ufa, where the Brics group summit is taking place. Previously, Putin had met with president Xi Jinping (China); Jacob Zuma (South Africa) and Indian Prime Minister Narendra Modi, the five countries that make up the group.

  • Thursday, July 9th 2015 - 06:18 UTC

    Petrobras 'suspicious' activities could involve as much as 16bn dollars

    Rodrigues told a congressional committee that the “suspicious movement of 51.9 billion Reales in operations linked to Petrobras” had been detected

    Investigators with Brazil’s Finance Ministry say they have identified as much as US$16 billion worth of suspicious activity that may be part of a kickback scandal engulfing the state-owned oil company Petrobras.

  • Thursday, July 9th 2015 - 06:10 UTC

    Greek banks to remain closed until next Monday as ECB caps funding

    If “there is no more political accord in sight for a program, then our rules force us to stop completely,” said ECB member Christian Noyer

    The European Central Bank capped the amount of emergency funding it is providing to the Greek banking sector at €88.6 billion on Wednesday, in a sign that the central bank is awaiting the outcome of this weekend’s crunch talks on Greece before deciding whether to extend a further financial lifeline to the indebted country.

  • Thursday, July 9th 2015 - 05:58 UTC

    China markets' volatility slide spreading to the rest of Asia

    The benchmark Shanghai Composite was down 3.6% to 3,380.31 points despite aggressive measures by regulators

    Mainland Chinese shares continued to head lower on Thursday, leading the rest of Asia down as concerns over the market's steep slide spread. The benchmark Shanghai Composite was down 3.6% to 3,380.31 points despite aggressive measures by regulators such as banning big investors from selling stocks to boost the flagging market.

  • Thursday, July 9th 2015 - 05:44 UTC

    New York Stock Exchange down for three hours due to a technical fault

    Earlier, United Airlines and the Wall Street Journal's website reported major technical problems.

    Trading on the New York Stock Exchange (NYSE) on Wednesday restarted after being suspended for more than three hours due to a technical fault. The NYSE has yet to give full details of the problem, but emphasized that it was not the result of a cyber hack. Other exchanges, including Nasdaq, reported no problems and were trading normally.

  • Thursday, July 9th 2015 - 01:01 UTC

    Photo exhibition on Welsh settlers in Argentina, opened at Westminster

    From left to right: David T. C. Davies MP, Argentine Ambassador Alicia Castro, and photographer Marcos Zimmermann

    Parliament in London is hosting a week-long historic photographic exhibition dedicated to the Welsh settlement in Argentina, entitled: “Y Wladfa: Celebrating the 150th anniversary of the Welsh settlement in Argentina” which was officially inaugurated on Tuesday by Argentine Ambassador to the UK, Alicia Castro, and David T.C Davies MP, chairman of the House of Commons Welsh Affairs Committee.

  • Wednesday, July 8th 2015 - 09:14 UTC

    Pope addresses one million faithful and calls for dialogue and inclusion at all levels

    “Fight for inclusion at all levels,” implored Francis, while pleading for “dialogue” on the third day of a tour that also includes Bolivia and Paraguay.

    Pope Francis called for dialogue in front of nearly one million people at an outdoor mass in Ecuador's capital, before launching an appeal for better care of the Amazon. The pope addressed over 900,000 faithful who braved the cold and rain to hear his homily in Bicentennial Park, Quito -- a city recently rocked by anti-government protests.