MercoPress, en Español

Montevideo, May 28th 2017 - 04:42 UTC

Economy

  • Thursday, May 4th 2017 - 06:36 UTC

    Two weeks of ”Think Brazil” in UK, a showcase of business possibilities between the two countries

    “Think Brazil” aims to reinforce cooperation between governments, involving strategic partners from public and private sectors, to encourage business.

    May is set to be the Brazil month in the United Kingdom. During two weeks (10-19), the Brazilian Government, through its Ministry of Foreign Affairs and its Embassy in London, and the British Government, through its network in Brazil of Consulates and the Embassy, will bring to London and other UK cities a program full of cultural activities, business meetings and institutional encounters.

  • Thursday, May 4th 2017 - 06:29 UTC

    Uruguay advances with investors in a project to build a third pulp mill

    “Some remaining items still need to be solved as we start the work on the contract language which will specify the mutual responsibilities”, pointed out Sarantola.

    “Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.

  • Thursday, May 4th 2017 - 06:23 UTC

    Argentina contracts 2D seismic survey in deep waters covering 435,000 sq km

    Spectrum said data is being acquired with a 12,000 m streamer with continuous recording to enable extended recording lengths and high fold data

    Norway's Spectrum has started a 35,000 km multi-client 2D seismic survey covering 435,000 km2 in the deep waters of Argentina in cooperation with YPF. The survey will provide industry with the first ever detailed seismic grid over this under-explored frontier area of Argentina, allowing for basin-wide studies of the area as well as prospect/lead level interpretation studies for upcoming license rounds.

  • Thursday, May 4th 2017 - 05:54 UTC

    Fed says recent slowdown of US economy growth is temporary; leaves benchmark rate unchanged

    The FOMC kept the benchmark federal funds rate at a range of 0.75% to 1%, following the 25 basis point increase in March.

    The Federal Reserve announced on Wednesday that it held its benchmark interest rate after a two-day policy meeting, as had widely been expected. And it added that the recent showdown in US growth is likely temporary.

  • Thursday, May 4th 2017 - 05:44 UTC

    Petrobras reveals Libra field achieves a breakeven price of US$ 35/bbl

    The Libra consortium aimed to reduce the breakeven price by focusing on cost optimization and increased recovery factor of the block’s deposits.

    Brazil's oil and gas company Petrobras shared innovations and efficiency gains related to the Libra field at the Offshore Technology Conference (OTC) in Houston. Petrobras revealed collaboration between Libra area partners has produced a US$13/bbl reduction to the project's breakeven price.

  • Thursday, May 4th 2017 - 05:10 UTC

    St Helena celebrates: charter plane lands with 60 passengers; RMS scheduled to depart Friday

     SA Airlink successfully carried out the flight operation on Wednesday using a British Aerospace 146 Avro RJ85 aircraft.

    British Overseas Territory of St Helena, an island in the middle of the south Atlantic, celebrated on Wednesday 3 May 2017, when a charter plane carrying 60 passengers landed at St Helena Airport at 1.55pm, helping to reestablish links with South Africa. Another good piece of news was that RMS St Helena, the regular connection with St Helena is scheduled to depart Cape Town on Friday.

  • Wednesday, May 3rd 2017 - 08:32 UTC

    American trust becomes largest single shareholder of FIH

    The investment vehicle Staunton Holdings Limited has got rid of all its shares in the Islands lynchpin Falkland Islands Holdings

    Conservative Party donor David Rowland has thrown in the towel in the Falkland Islands after losing a battle to take control of its key industries. The Rowland´s family investment vehicle, Staunton Holdings Limited has got rid of all its shares in the Falkland Islands Holdings (FIH) after shareholders rejected a takeover, reports the London financial media.

  • Wednesday, May 3rd 2017 - 07:15 UTC

    Argentina promotes sales to China through e-commerce Alibaba

    Argentine president Mauricio Macri and Alibaba Executive Chairman Jack Ma meet at Government House following the MOU to open up new trade opportunities

    Argentine president Mauricio Macri and Alibaba Executive Chairman Jack Ma signed a Memorandum of Understanding (MOU) on Tuesday in Buenos Aires as a way to open up new trade opportunities and to support merchants that are marketing products on Alibaba's e-commerce platforms.

  • Tuesday, May 2nd 2017 - 07:24 UTC

    US Congress agrees on spending bill, with no funds for the Mexico border wall

    The bipartisan deal boosts military spending but does not include funding for President Donald Trump's proposed wall on the Mexico border, they say.

    Congressional negotiators have reached an agreement on a spending bill to keep the Unites States government running until 30 September, media report. The bipartisan deal boosts military spending but does not include funding for President Donald Trump's proposed wall on the Mexico border, they say.

  • Sunday, April 30th 2017 - 22:36 UTC

    St Helena airport granted an “open ended” Aerodrome Certificate

    The airport fulfills the UK Government’s commitment to maintaining access to St Helena and provide it with a real opportunity for economic growth

    British Overseas Territory St Helena Airport was granted an ‘open ended’ Aerodrome Certificate on Monday, on 3 April 2017, following the visit by experts from the Air Safety Support International.