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MercoPress, en Español

Montevideo, January 25th 2026 - 00:56 UTC

Politics

  • Friday, February 2nd 2024 - 03:46 UTC

    Brazil admits strong deterioration of 2023 government finances: primary deficit 2.1% of GDP

    The administration of president Lula da Silva announced the objective of eliminating its primary budget deficit this year

    Brazil had undergone a sharp fiscal deterioration during last year with the central government's primary budget deficit reaching 230.5 billion Reais (US$ 47 billion), released data showed this week. The 2.1% of Gross Domestic Product (GDP), reverses a 0.5% surplus in 2022 and represents the second-largest ever recorded by the country.

  • Thursday, February 1st 2024 - 23:56 UTC

    Four years since Brexit, Northern Ireland is led by a Sinn Féin First Minister, Michelle O'Neill.

    A Sinn Féin first minister Michelle O'Neill, would be a landmark moment - the party aspires one day to unite with the Republic of Ireland.

    BBC has recalled that at 23:00 GMT on 31 January 2020 (midnight Brussels time, as January became February there), the EU shrank, the UK was out. Four years later, as the latest solution to one of the knottiest of consequences of Brexit, or at least the flavor of Brexit chosen, is revealed.

  • Thursday, February 1st 2024 - 10:55 UTC

    Lacalle praises Milei for acquiescing to further dredging of River Plate

    The previous Argentine administrations of Presidents Mauricio Macri (2015-2019) and Alberto Fernández (2019-2023) stalled the project out of landlocking fears

    Uruguayan President Luis Lacalle Pou Wednesday praised his Argentine counterpart Javier Milei's willingness to cooperate in further dredging the River Plate at the Port of Montevideo from 13 to 14 meters. The previous administrations of Argentine Presidents Mauricio Macri and Alberto Fernández (2015-2023) considered that these works would leave the port of Buenos Aires in a disadvantageous position. Negotiations in this regard started in 2013 under Presidents Tabaré Vázquez and Cristina Fernández de Kirchner (CFK).

  • Thursday, February 1st 2024 - 10:41 UTC

    Peru: Montesinos given 19-year sentence concurrent with time served

    By pleading guilty, Montesinos avoided a sentence that would have added more years to his prison term

    Former Peruvian strongman Vladimiro Montesinos was sentenced to 19 years in prison Wednesday for his involvement in a 1992 massacre under then-President Alberto Fujimori (1990-2000) who has been banned for 9 months from leaving the country.

  • Thursday, February 1st 2024 - 10:27 UTC

    Police and demonstrators clash outside Argentine Congress

    “They want repression for the people, measures for the richest, poverty and misery for the workers,” Belliboni said

    Law enforcement officers and demonstrators clashed outside the Congress in Buenos Aires on Wednesday, while the parliamentary debate on President Javier Milei's so-called Omnibus Law bill was taking place inside.

  • Thursday, February 1st 2024 - 10:15 UTC

    Argentina: Fuel at pumps soars as gov't lifts taxation cap

    Decree 107/2024 bears the signatures of President Milei and Ministers Luis ‘Toto’ Caputo (Economy) and Guillermo Francos (Interior)

    Drivers lined up for hours Wednesday in Buenos Aires and other places across Argentina as a new increase in the price of fuel at pumps was expected to be enacted Thursday following a decision by the administration of President Javier Milei to release a liquid fuel (ICL) and carbon dioxide (IDC) tax cap in force since 2021, it was reported.

  • Thursday, February 1st 2024 - 10:01 UTC

    Argentine Central Bank reserves stronger after FMI disbursement

    The latest deal between Argentina and the IMF unblocked a new tranche of disbursements

    After the International Monetary Fund (IMF) Board approved the staff-level agreement with Argentina's current administration, the Government of President Javier Milei received a US$ 4.7 billion disbursement which bolstered the Central Bank (BCRA) reserves to US$ 27.635 billion, it was reported Wednesday in Buenos Aires. The latest deal between Argentina and the IMF unblocked a new series of disbursements.

  • Wednesday, January 31st 2024 - 15:21 UTC

    A company has started the process to become the new Uruguayan flag airline

    SUA plans to position its operations at Carrasco Airport and deploy a fleet of six Airbus aircraft within 18 months, expanding to ten within the first three years

    Sociedad Uruguaya de Aviación (SUA), a privately owned company, has begun the process of becoming Uruguay's new flag carrier. The endeavor is led by Antonio Rama, a Uruguayan commander who has been based in Doha for a decade.

  • Wednesday, January 31st 2024 - 10:59 UTC

    IMF foresees gloomy near future for Argentina

    Latin America and the Caribbean were also forecast by the FMI to suffer an economic slowdown driven mainly by Argentina's downward revision

    Following President Javier Milei's latest measures, the International Monetary Fund (IMF) Tuesday reviewed for the worse its projections for Argentina's economy this year (-2.8%) and forecasted inflation would remain high in the short term.

  • Wednesday, January 31st 2024 - 10:58 UTC

    Daniel Scioli leaves Brasilia for a Secretariat position in Milei’s team

    Francos made the announcement on social media and posted a picture of himself together with Milei and Scioli

    Former Argentine Vice President Daniel Scioli will leave his post as Ambassador to Brazil to join President Javier Milei's team as Secretary of Tourism, Environment, and Sports, it was announced Tuesday in Buenos Aires after a meeting which was also attended by Interior Minister Guillermo Francos, who served on Scioli's cabinet when the latter was Governor of the Province of Buenos Aires.