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MercoPress, en Español

Montevideo, August 22nd 2026 - 16:07 UTC

Politics

  • Tuesday, July 7th 2015 - 07:21 UTC

    Merkel and Hollande tell Greece the door for serious proposals remains open

    In Paris Merkel and Hollande said Athens must move quickly if it wants to secure a cash-for-reform deal with international creditors (Pic AFP)

    France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity

  • Tuesday, July 7th 2015 - 07:11 UTC

    New Greek finance minister, Oxford educated but equally hard line

    Dutch born Tsakalotos, Oxford University-educated economics professor served as international economic affairs minister before taking over from Varoufakis

    New Greek Finance Minister Euclid Tsakalotos may be less flamboyant than his predecessor Yanis Varoufakis, but his views on his country's debt crisis are no less stridently held. While most commentators appear to agree that Mr Tsakalotos, 55, will be less bombastic than Mr Varoufakis in his dealings with international creditors, some argue that his negotiating stance could even be more hard line.

  • Tuesday, July 7th 2015 - 07:01 UTC

    Greek finance minister ousted because he favored a 'parallel currency'

    “If necessary, we will issue parallel liquidity and California-style IOU's, in an electronic form. We should have done it a week ago,” said Yanis Varoufakis

    Yanis Varoufakis, who was Greece's finance minister until Monday morning, was reportedly pushed from his job after he told a journalist that Greece could introduce a parallel currency in the weeks ahead. Cash is flooding out of Greek banks at the moment, and the government desperately needs money to make payments due later this month.

  • Tuesday, July 7th 2015 - 06:55 UTC

    Brazil's main opposition party ready “to take on whatever the future holds”

    Cardoso emphasized that “whatever the path we have to take is, the PSDB and its allies will have a way”, because “the way under the PT has been lost”.

    Brazil' former president Fernando Henrique Cardoso said on Sunday addressing his party's convention, the main opposition force in the Brazilian congress, that the PSDB was ready 'to clear the country of its problems' and accused leader Lula da Silva and the ruling Workers Party (PT) of bankrupting Brazil.

  • Tuesday, July 7th 2015 - 06:46 UTC

    Brazilian organizations allege there is an attempt to topple President Rousseff

    The statement is also signed by 10 lawmakers from Rousseff's Workers Party, or PT, as well as by dozens of individuals who signed on a personal basis.

    A raft of Brazilian organizations issued a statement on Monday denouncing what they described as the 'right's' attempts to topple President Dilma Rousseff. The statement was signed by 28 groups including the MST Landless Movement and the Catholic Church's Pastoral Land Commission.

  • Tuesday, July 7th 2015 - 06:23 UTC

    'Impeachment' and 'fresh elections' in Brazil's congressional debate

    ”With only one digit of approval, abandoned by the ruling Workers Party and by Lula who now can't stand her, Dilma will be forced to ask for the 'bill'.

    Brazil's leading political commentator and O Globo columnist, Ricardo Noblat is forecasting that president Dilma Rousseff will not conclude her four-year mandate and could very well be out of office by next October.

  • Monday, July 6th 2015 - 08:49 UTC

    Uruguay looking to increase trade and investments with India

    President Tabare Vazquez is planning to visit India next year. Despite potential trade between Uruguay and India is minimal

    Uruguay's president Tabare Vazquez is planning to visit India next year, while foreign minister Rodolfo Nin Novoa is scheduled to attend the India-Latin-American conference next October. The move is seen as an effort by Uruguay to increase its trade opportunities and access new markets, given the current difficulties to forge an agreement with the European Union.

  • Monday, July 6th 2015 - 08:46 UTC

    Shanghai Composite picking up strongly as fund managers buy stocks

    The Shanghai Composite was up 2.6% to 3,783.69 after the government announced measures over the weekend to stabilize the tumbling stock markets.

    Mainland Chinese shares surged nearly 8% on Monday despite the rest of Asian markets trading lower on Greece's rejection of austerity demands. The Shanghai Composite was up 2.6% to 3,783.69 after the government announced measures over the weekend to stabilize the tumbling stock markets.

  • Monday, July 6th 2015 - 07:55 UTC

    Francis in Ecuador repeats call 'to hear the cry of the earth and the cry of the poor'

    “I thank God for having allowed me to return to Latin America and to be here with you today in this beautiful land of Ecuador”

    Francis landed in Ecuador's capital Quito on Sunday to begin an eight-day tour of South America that will also include visits to Bolivia and Paraguay. On his first visit as pontiff to Latin America, the Argentina-born pope is scheduled to conduct masses in both Quito and the coastal city of Guayaquil before flying to Bolivia on Wednesday.

  • Monday, July 6th 2015 - 07:34 UTC

    Euro zone to hold emergency summit to discuss Greek referendum 'no'

    Commission president Juncker will hold a teleconference on Monday with European Central Bank chief Mario Draghi, Tusk and Dijsselbloem

    Euro-zone nations will hold an emergency summit on Tuesday to discuss the Greek referendum “No” result after the German and French leaders called for a meeting, EU president Donald Tusk said. The special meeting comes as Brussels reels with the implications of what the head of the Euro-group of finance ministers from the 19-country block, Jeroen Dijsselbloem, called a “very regrettable” decision.