MercoPress — South Atlantic News Agency

MercoPress — South Atlantic News Agency News, Stories and Insight Analysis from Latin America, the South Atlantic and Mercosur. Politics, Economy, Business and Investments. http://en.mercopress.com

MercoPress is an independent news agency which focuses on delivering news related to Mercosur-member countries, covering an area of influence which includes the South Atlantic and insular territories. Based in Montevideo, Uruguay, it leverages the citie’s double advantage of housing the administrative headquarters for Mercosur as well as being a historic port of access to the South Atlantic and the vast marine and mineral resources of an area locked by Africa, America and Antarctica. With this purpose in mind, MercoPress offers an update of the main events which model the integration process, its influence on the main players of the region as well as the relations with other economic-political spaces. Particular attention is given to developments in the South Atlantic.

Milei sends Congress his Falklands sovereignty bill, with an anti-terrorism registry attached
18/09/2026

Milei sends Congress his Falklands sovereignty bill, with an anti-terrorism registry attached

Argentina's government sent Congress a National Sovereignty Defense Bill on Thursday, presented by President Javier Milei as “a milestone in the process of recovering” the Falklands, a text that toughens penalties for exploiting natural resources in the disputed area and also creates a registry ...

Milei’s budget for 2027 contemplates the purchase of three conventional submarines and two frigates
18/09/2026

Milei’s budget for 2027 contemplates the purchase of three conventional submarines and two frigates

The Government of the Argentine president Javier Milei included in the draft 23027 budget a historic initiative to advance in the acquisition of submarines and all purpose firgates for the Navy as part of his policy to reequip and modernize the armed forces.

Two weeks to Brazilian presidential election, Central Bank cuts interest rate for the fifth time running
17/09/2026

Two weeks to Brazilian presidential election, Central Bank cuts interest rate for the fifth time running

With presidential elections in two weeks’ time, Brazil’s central bank cut its benchmark interest rate for the fifth straight time. The bank lowered the so-called Selic rate from 14% to 13.75%, and is part of a cycle that began in March after almost two years of rate hikes.

Falklands, Rockhopper raises US$ 20 million in fresh funds to fund Sea Lion project
17/09/2026

Falklands, Rockhopper raises US$ 20 million in fresh funds to fund Sea Lion project

Rockhopper Exploration has completed a plan to raise fresh funds from shareholders, expecting to bring in around US$200 million to fund its investment in the Sea Lion prospect in the Falklands. The AIM-listed firm announced the results of its open offer to shareholders on Wednesday, which raised tot...

Falklands MLA says islands have "state of the art" defense technology
17/09/2026

Falklands MLA says islands have "state of the art" defense technology

A member of the Falkland Islands Legislative Assembly said the archipelago's current defenses are sufficient, in response to questions raised in Westminster over the maintenance of the armed forces and the equipment deployed in the islands.

US removes Venezuela and Bolivia from list of countries failing on drugs
17/09/2026

US removes Venezuela and Bolivia from list of countries failing on drugs

Argentina's foreign ministry rejects the UK guidance for companies in the Falklands
16/09/2026

Argentina's foreign ministry rejects the UK guidance for companies in the Falklands

Argentina's foreign ministry expressed its “strongest rejection” on Tuesday of the guidance the British government published the previous day for companies conducting economic activity in the Falklands, and said it would continue applying its legislation against firms operating hydrocarbons in the...

Kirchner's defense seeks to lift her ban from office before the 2027 elections
16/09/2026

Kirchner's defense seeks to lift her ban from office before the 2027 elections

Lawyers for former Argentine president Cristina Fernández de Kirchner said on Tuesday they have added a new element to the petition they are pursuing before the UN Human Rights Committee, seeking to overturn her final conviction in the Vialidad case and, more immediately, to set aside the lifetime ...

EU proposes Canada as its first 'associate member', a status that does not yet exist
16/09/2026

EU proposes Canada as its first 'associate member', a status that does not yet exist

European Commission President Ursula von der Leyen proposed on Wednesday that Canada become the European Union's first “associate member,” a status not provided for in the bloc's treaties and whose details have not been defined.

Argentine government says the Ushuaia naval base will monitor resources and sovereignty
15/09/2026

Argentine government says the Ushuaia naval base will monitor resources and sovereignty

Argentina's government said on Tuesday that the integrated naval base it plans in Ushuaia will allow it to monitor and control natural resources and sovereignty in the South Atlantic, and announced it will file further complaints against companies exploring for or extracting hydrocarbons without Arg...

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