El Mercurio SAP
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''El Mercurio'' (known online as ''El Mercurio On-Line'', ''EMOL'') is a
Chile Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east a ...
an newspaper with editions in
Valparaíso Valparaíso (; ) is a major city, seaport, naval base, and educational centre in the commune of Valparaíso, Chile. "Greater Valparaíso" is the second largest metropolitan area in the country. Valparaíso is located about northwest of Santiago ...
and
Santiago Santiago (, ; ), also known as Santiago de Chile, is the capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated region, the Santiago Metropolitan Region, whose ...
. Its Santiago edition is considered the country's
newspaper of record A newspaper of record is a major national newspaper with large circulation whose editorial and news-gathering functions are considered authoritative and independent; they are thus "newspapers of record by reputation" and include some of the o ...
and it is considered the oldest daily in the
Spanish language Spanish ( or , Castilian) is a Romance languages, Romance language of the Indo-European language family that evolved from colloquial Latin spoken on the Iberian peninsula. Today, it is a world language, global language with more than 500 millio ...
currently in circulation. ''El Mercurio'' is owned by El Mercurio S.A.P. (''Sociedad Anónima Periodística'' 'joint stock news company'), which operates a network of 19 regional dailies and 32 radio stations across the country.


History

The
Valparaíso Valparaíso (; ) is a major city, seaport, naval base, and educational centre in the commune of Valparaíso, Chile. "Greater Valparaíso" is the second largest metropolitan area in the country. Valparaíso is located about northwest of Santiago ...
edition of ''El Mercurio'' was founded by
Pedro Félix Vicuña Pedro Félix Vicuña Aguirre (February 21, 1805, Santiago, Chile – May 24, 1874, Santiago) was a Chilean journalist and one of the founders in 1827 of the newspaper ''El Mercurio de Valparaíso'', the oldest existing newspaper in Spanish lang ...
(
Benjamín Vicuña Mackenna Benjamín Vicuña Mackenna (August 25, 1831 – January 25, 1886) was a Chilean writer, journalist, historian and politician. Vicuña Mackenna was of Irish and Basque descent. Biography Benjamín Vicuña Mackenna was born in Santiago, the ...
's father) on September 12, 1827, and was later acquired by
Agustín Edwards Ross Agustín Edwards Ross (February 17, 1852 – November 1, 1897) was a Chilean businessman and politician. Edwards served as the President of the Senate of Chile from 1893 through 1895. He was the son of Agustín Edwards Ossandón and Juana Ross ...
in 1880. The Santiago edition was founded by
Agustín Edwards Mac Clure Agustín is a Spanish given name and sometimes a surname. It is related to Augustín. People with the name include: Given name * Agustín (footballer), Spanish footballer * Agustín Calleri (born 1976), Argentine tennis player * Agustín Cár ...
, son of Edwards Ross, on June 1, 1900. In 1942 Edwards Mac Clure died and his son Agustín Edwards Budge took over as president. When Edwards Budge died in 1956, his son,
Agustín Edwards Eastman Agustín Iván Edmundo Edwards Eastman (24 November 1927 – 24 April 2017) was a Chilean newspaper publisher, and one of the richest people in Chile. He inherited his family's newspaper company El Mercurio SAP, which publishes Chile's leading n ...
, took control of the company. Edwards Eastman died in 2017, leaving the company in hands of his son Cristián Edwards del Río. El Mercurio SAP owns the Chilean afternoon daily newspaper '' La Segunda'', which published news with sensationalist and confrontational language that was considered inappropriate for ''El Mercurio''.


CIA funding

''El Mercurio'' received funds from the
CIA The Central Intelligence Agency (CIA ), known informally as the Agency and historically as the Company, is a civilian intelligence agency, foreign intelligence service of the federal government of the United States, officially tasked with gat ...
in the early 1970s to undermine the Socialist government of Salvador Allende, acting as a mouthpiece for anti-Allende
propaganda Propaganda is communication that is primarily used to influence or persuade an audience to further an agenda, which may not be objective and may be selectively presenting facts to encourage a particular synthesis or perception, or using loaded ...
. Declassified documents that detail US interventions in Chile revealed the paper's role, and the extent of the paper’s cooperation with the CIA: Support reached to the highest levels of the US government. When the paper requested significant funds for covert support in September 1971, “...in a rare example of presidential micromanagement of a covert operation, Nixon personally authorized the $700,000—and more if necessary—in covert funds to ''El Mercurio''.” (p. 93)


Role in 1973 coup d'état

The paper played "a significant role in setting the stage for the military coup" which took place on 11 September 1973, bringing General Augusto Pinochet to power. It mobilised opponents of President Salvador Allende and the gremialismo movement to be active in destabilisation from the street, while also advocating the
neoliberal Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent fa ...
policies of the yet-to-come
Chicago Boys The Chicago Boys were a group of Chilean economists prominent around the 1970s and 1980s, the majority of whom were educated at the Department of Economics of the University of Chicago under Milton Friedman and Arnold Harberger, or at its affiliat ...
.


1988 to the present

Former journalists of ''El Mercurio'' have been crucial in the creation of various new newspapers in Chile including ''
Diario Financiero ''Diario Financiero'' is a Chilean economic newspaper founded by a group of journalists from the Economy and Business Corps of El Mercurio on October 25, 1988. It is currently controlled by the Claro Group. The tabloid has been using the orange p ...
'' in 1988, ''
El Líbero El Líbero is a Chilean online newspaper formed in 2014. Its founders include journalist and former editor of ''Investigation and Politics'' of ''El Mercurio'' Eduardo Sepúlveda, the commercial engineer Carlos Kubick O., José Antonio Guzmán A ...
'' in 2014, and ''
Ex-Ante The term ''ex-ante'' (sometimes written ''ex ante'' or ''exante'') is a phrase meaning "before the event". Ex-ante or notional demand refers to the desire for goods and services that is not backed by the ability to pay for those goods and servic ...
'' in 2020.January 22, 2021
¿Quiénes están detrás del medio digital Ex-Ante?
''ilustrado.cl''
''El Mercurio's'' building in Valparaíso was set on fire by protesters in October 2019 during the
2019 Chilean protests Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music ...
sparked by rise in transportation cost.


See also

* '' El Mercurio de Valparaíso'' *
Project FUBELT Project FUBELT (also known as Track II) is the codename for the secret Central Intelligence Agency operations that were to prevent Salvador Allende's rise to power before his confirmation and to promote a military coup in Chile. This project came ...
*
List of newspapers in Chile This is a list of newspapers in Chile. Print newspapers Daily circulation National circulation * Publimetro * ''The Clinic (newspaper), The Clinic'' – Left-wing Satirical weekly Regional circulation ;Valparaíso Region * ''El Mercurio de ...


References

*CIA article ''"Report of CIA Chilean Task Force Activities, 15 September to 3 November 1970"'' (November 18, 1970)
Report from CIA's 1970 Anti-Allende Task Force


External links

*''El Mercurio de Santiago'' (printed editions from October 27, 2007 to present)
Flash versionText version''El Mercurio en Internet''
(online edition)
''El Mercurio de Valparaíso''
{{DEFAULTSORT:Mercurio Newspapers published in Chile Mass media companies of Chile Spanish-language newspapers Publications established in 1900 Conservatism in Chile Mass media in Santiago 1900 establishments in Chile