Investments

Friday, March 31st 2023 - 16:04 UTC
Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: see details

The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.
Thursday, March 30th 2023 - 15:39 UTC
Gibraltar Airport Tunnel Opens

Jim Watt - Gibraltar. The tunnel for traffic to access the frontier with Spain without having to cross the runway has been an ongoing project beset with delays.
Saturday, March 25th 2023 - 10:30 UTC
Falklands contracts qualified explosive ordnance disposal expert for housing development

Following an extraordinary sitting of ExCo, it has been approved for Fenix Insight Ltd to provide a qualified Explosive Ordnance Disposal (EOD) Adviser for the development works of Bennett’s Paddock. This decision follows the discovery of a number of unexploded munitions while excavation work has been undertaken to develop properties.
Wednesday, March 22nd 2023 - 10:21 UTC
Montevideo hosts Mercociudades convention

Montevideo Mayor Carolina Cosse Tuesday welcomed dignitaries from over 20 cities from Mercosur and also from Chile for the first Mercociudades meeting of the year which the Uruguayan capital is hosting.
Wednesday, March 22nd 2023 - 10:05 UTC
BAS: A six coins series of Antarctic glaciers named after solar system planets

Pobjoy Mint has announced a brand-new 2023 two-pound coin series issued on behalf of the British Antarctic Territory. The six-coin series will feature the Antarctic glaciers named after planets of the solar system starting with the Mars Glacier.
Friday, March 17th 2023 - 00:44 UTC
With the collapse of Credit Suisse, oil prices continue to slide, 10% in a week

Oil prices continued their slide on Wednesday after another banking fallout unsteadied the market further. WTI plunged 4.21% on Wednesday, falling below US$ 70 for the first time since December 2021 to US$ 68.33 per barrel ET. Brent Crude fell over 3.94% to US$ 74.40, for a loss of US$ 3.05 per barrel.
Thursday, March 16th 2023 - 07:40 UTC
Uruguayan President not optimistic about Mercosur-EU deal

Uruguayan President Luis Lacalle Pou Wednesday said he was not very optimistic about the future of the trade deal between Mercosur and the European Union and that his lack of hope stemmed from both ends of the Atlantic, not just Brussels.
Tuesday, March 14th 2023 - 09:43 UTC
Australia to purchase US nuclear submarines as AUKUS grows stronger

Prime Ministers Anthony Albanese of Australia and Rishi Sunak of the United Kingdom joined US President Joseph Biden Monday at a San Diego naval base to discuss the terms under which the South Pacific Island will purchase nuclear-powered submarines as part of the AUKUS defense strategy to neutralize China's expansion in the region.
Saturday, March 11th 2023 - 11:56 UTC
Argentine Province of Buenos Aires, Defense Ministry sign cooperation deal

Buenos Aires Governor Axel Kicillof and Defense Minister Jorge Taiana signed an agreement for the shipyards Tandanor and Río Santiago to develop a multipurpose landing ship, a polar ship, and a floating dock for the Argentine Navy.
Thursday, March 9th 2023 - 10:55 UTC
Uruguay, Brazil agree on joint infrastructure works

Brazilian and Uruguayan officials have reached an understanding whereby the Rivera airport will become binational, a waterway will be developed, and a new bridge will be built over the Yaguarón river, it was announced after Tuesday's encounter in Brasilia featuring Foreign Ministers Francisco Bustillo and Mauro Viera, among other dignitaries.