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MercoPress, en Español

Montevideo, November 28th 2024 - 22:34 UTC

Politics

  • Friday, June 9th 2023 - 11:18 UTC

    Biden, Sunak sign “Atlantic Declaration” to address new technologies

    It is a new economic alliance for a new era, Sunak explained at a joint press conference

    US President Joseph Biden and UK Prime Minister Rishi Sunak Thursday renewed the economic alliance between the two countries by adapting it to the current world's transformations such as artificial intelligence (AI) and the climate crisis by signing the so-called Atlantic Declaration. Both leaders met at the White House to also discuss the war in Ukraine and the global economy.

  • Thursday, June 8th 2023 - 16:05 UTC

    IMF suggests immigration could help UK with inflation and labor shortage

    IMF's Gita Gopinath told BBC Newsnight that “with inflation as high as it is... there are benefits to having workers come in”

    Immigration that fills gaps in the domestic jobs market can help push down UK inflation, the deputy head of the International Monetary Fund has said. However British prime minister Rishi Sunak has insisted rates of legal immigration are “too high”

  • Thursday, June 8th 2023 - 16:03 UTC

    OECD: UK inflation highest this year; BoE rate could peak 5,25%

    Among countries analyzed in the OECD economic outlook, only Argentina (125%) and Turkey are expected to have a higher headline rate than the UK this year

    OECD, the Organization for Economic Cooperation and Development anticipated the UK will experience the highest level of inflation among all advanced economies this year. UK is set to report a headline inflation of 6.9% this year, above the OECD average of 6.6% for 2023.

  • Thursday, June 8th 2023 - 15:59 UTC

    Sweden closer to NATO as it yields to Turkish president Erdogan demands

    Turkey demands Sweden hand over several individuals it considers “terrorists” as a prerequisite for approval of Sweden's request to become a member of NATO

    Sweden's Supreme Court on Wednesday approved the extradition of a supporter of the Kurdish Workers Party, (PKK) to Turkey. The decision clears the way for the government in Stockholm to meet Turkey's demand that it hand over several individuals it considers “terrorists” as a prerequisite for approval of Sweden's request to become a member of NATO military alliance.

  • Thursday, June 8th 2023 - 15:57 UTC

    Pre COP 28 summit exposes deep differences and frustrations

    The little-known talks in Bonn, take place each year ahead of the UN landmark COP climate summits, lay the groundwork for response to global warming

    Diplomats from around the globe are meeting in the German city of Bonn this week to level out plans that are key to global efforts to stop the planet heating and to adapt to violent weather conditions.

  • Thursday, June 8th 2023 - 15:22 UTC

    France still has objections to the EU/ Mercosur trade agreement

    EU foreign affairs Joseph Borrell said EU and Latin American countries have ”a common history and shared values ... but this partnership has been taken for granted or even neglected

    Ahead of July's EU summit with Latin American and Caribbean leaders in July, the first since 2015, the European Commission has unveiled a trade-oriented strategy to renew ties with a region that has been somewhat sidelined by the bloc in a chaotic few years in global politics. Approving the trade agreement with Mercosur is one of EU's priorities but there is French conditioning.

  • Thursday, June 8th 2023 - 15:14 UTC

    Falklands budget, “it won't be easy for the private sector”

    Mike Summers, “government competes constantly with the private sector for labor in the middle and lower ranks”

    The latest announcements on the Falkland Islands budget have not gone without comments from the Falklands Chamber of Commerce and its current president Mike Summers, according to an interview on the local television channel.

  • Thursday, June 8th 2023 - 10:55 UTC

    Fitch upgrades Uruguay's rating

    Uruguay Economy Ministry Azucena Arbeleche

    Thanks to Uruguay's ”solid fiscal performance that allowed it to absorb the shock of the Covid-19 pandemic, added to the track record of compliance with the fiscal framework, which has improved its credibility, increased resilience to economic shocks and reduced the risk of a potential increase in the stock of public debt.

  • Thursday, June 8th 2023 - 10:26 UTC

    Petro warns “soft coup” against him will not prevail

    Castillo was alone. Petro is not alone, the Colombian President stressed.

    Colombian President Gustavo Petro Wednesday said he could face the same fate as Peru's Pedro Castillo Terrones as Congress might try to impeach him out of office. “Once the reforms are overthrown, they intend to destroy me in the Commission of Accusations,” Petro argued while urging lawmakers not to betray “the will of the people”.

  • Thursday, June 8th 2023 - 10:20 UTC

    Sonnenholzner to run for president of Ecuador

    Sonnenholzner was vice president under Lenin Moreno

    Former Ecuadorian Vice President Otto Sonnenholzner Wednesday confirmed he will enter this year's snap elections called after President Guillermo Lasso enacted the so-called crossed-death mechanism which meant dissolving Parliament and ruling by decree until new lawmakers and a new head of state are chosen.