Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, September 21st 2024 - 09:24 UTC

Stories for October 25th 2023

  • Wednesday, October 25th 2023 - 20:43 UTC

    Argentina: Macri and Bullrich go rogue from JxC to support Milei

    “When the homeland is in danger, anything goes,” argued Bullrich.

    The opposition coalition Juntos x el Cambio (JxC) of former President Mauricio Macri is practically broken after presidential candidate Patricia Bullrich announced following dinner with the former head of state that the two of them would support the candidacy of Congressman Javier Milei (La Libertad Avanza - LLA) in the Nov. 19 runoff against Economy Minister Sergio Massa of Unión x la Patria (UP).

  • Wednesday, October 25th 2023 - 16:22 UTC

    EU calls for immediate repeal of “golden passports” proliferation among Caribbean countries

    The trade of the “golden passports” has proliferated with five Caribbean states revealing they sold citizenship to 88,000 individuals from countries including Iran, Russia, Bielorussia and China

    The European Commission has urged Member States to immediately repeal any existing investor citizenship schemes and to ensure strong checks are in place to address the risks posed by investor residence schemes. The Commission has frequently and consistently raised its serious concerns about investor citizenship and residence schemes and the inherent risks they pose. The latest recommendation forms part of the Commission's broader policy to take determined action on these schemes. The current context of the Russian aggression against Ukraine is once again highlighting these risks.

  • Wednesday, October 25th 2023 - 16:15 UTC

    Argentine fisheries exports in nine months, 350,219 tons, 4.5% below 2022

    Jiggers landed some 134,000 tons of squid and exports reached 129,000 tons, prices have been slightly higher 4% than in 2022.

    Argentine fisheries exports during the first nine months of the year reached 350,219 tons, and US$ 1,36bn, mainly to Asia and Europe, but were 4,5% lower than in the same period last year, according to CaPeCa, Argentine chamber of fishing vessels and freezers. As is traditional for Argentina the main export items were hubbsi hake, shrimp tails, while squid faced lower catches, and whole shrimp given a bumper crop saw prices plummet 30%. A major issue in this situation has been the tepid demand from China.

  • Wednesday, October 25th 2023 - 15:25 UTC

    Dubai DP World joins Russia to develop the Northern Sea Route through the melting Arctic

    The joint venture, International Container Logistics, was registered on Oct. 20, with authorized share capital of 960 million rubles (US$ 10.3 million).

    Russian nuclear agency Rosatom announced this week it has set up a joint venture with Dubai’s DP World to develop container shipping through the Arctic as part of an initiative heavily promoted by President Vladimir Putin.

  • Wednesday, October 25th 2023 - 11:15 UTC

    City of Buenos Aires has new Mayor-elect: another Macri

    Jorge Macri will thus succeed Horacio Rodríguez Larreta on Dec. 10

    Former Argentine President Mauricio Macri's cousin Jorge will become the next Mayor of the Autonomous City of Buenos Aires after Leandro Santoro of Economy Minister and presidential hopeful Sergio Massa's Unión por la Patria (UP) announced he would not be taking part in the runoff for which he had qualified last Sunday.

  • Wednesday, October 25th 2023 - 11:00 UTC

    Lula plays football and criticizes Israel after hip surgery

    “At a negotiating table, no one dies,” Lula said about the ongoing crisis in the Middle East

    President Luiz Inácio Lula Da Silva “is already back, to score many more goals for Brazil,” said Vice President Geraldo Alckmin Tuesday while posting a picture of the head of state playing football. Lula, 77, underwent hip surgery on Sept. 29 at the Syrian-Lebanese hospital in Brasilia due to a case of osteoarthritis, which was causing him severe pain.

  • Wednesday, October 25th 2023 - 10:51 UTC

    “The Croatian,” alleged mastermind behind the “blue” dollar, arrested in Buenos Aires

    The businessman is allegedly linked to laundering money for the Sinaloa cartel and would also run the largest illegal currency exchange parlor behind the ups and downs of the “blue” dollar

    Argentine authorities Tuesday arrested Ivo Rojnica, a.k.a. “The Croatian,” who is believed to be the mastermind behind the US dollar black market, commonly referred to as “blue,” it was reported in Buenos Aires.

  • Wednesday, October 25th 2023 - 10:06 UTC

    Former Uruguayan President Lacalle under home hospitalization after stroke

    A vessel has been affected, Lacalle Herrera's doctors said

    Former Uruguayan President Luis Alberto Lacalle Herrera, father of the current head of state, is under home hospitalization after suffering an ischemic stroke on Sunday, which is now in remission, it was reported in Montevideo.

  • Wednesday, October 25th 2023 - 10:00 UTC

    Flybondi to revolutionize peer-to-peer airline seats market

    The Argentine low-cost carrier made the announcement during a forum in Mexico

    Argentine budget airline Flybondi will be the first in the world to allow passengers to trade tickets among themselves, the company announced Tuesday during a business forum in Mexico. The details on how travelers will be able to deal their seats are still being finalized, as is the exact moment when the mechanism would become available for users to exchange Flybondi tickets among themselves on both domestic and international routes.

  • Wednesday, October 25th 2023 - 09:57 UTC

    Uruguayan Supreme Court ruling leaves Member of Parlasur on the brink of extradition

     A final ruling is still pending in Uruguay on Pepín's case

    A ruling this week by Uruguay's Supreme Court left Argentine Member of Parlasur Fabián “Pepín” Rodríguez Simón on the verge of extradition to his country, where he is wanted for influence peddling and other crimes allegedly committed during the presidency of Mauricio Macri (2015-2019), it was reported in Montevideo.