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MercoPress, en Español

Montevideo, May 8th 2024 - 04:01 UTC

Investments

  • Monday, February 12th 2024 - 10:32 UTC

    Explosion leaves key Buenos Aires neighborhoods powerless for hours

    Edesur said service was restored to 80% of the affected users

    Some 30,406 households were still without electricity in the Autonomous City of Buenos Aires (CABA) after an explosion Saturday of a generating substation of the Edesur company in the strategic Caballito neighborhood in the Argentine capital left some 60,000 users powerless for hours, after which service was gradually restored, the (National Entity Regulating Electricity (Ente Nacional Regulador de la Electricidad - ENRE) reported Sunday.

  • Monday, February 12th 2024 - 10:32 UTC

    Britain spends in defense companies an average of £370 for each Briton

    The latest jobs figures – published in the summer - also show 209,000 UK jobs are supported through the MOD’s expenditure with the UK defense industry

    The 2022/23 statistics released last week detail the money spent by the Ministry of Defense, MOD with UK defense companies. The breadth of spending highlights the government’s commitment to continually improving the defense sector, while supporting the economy and creating hundreds of thousands of jobs across the country.

  • Saturday, February 10th 2024 - 11:07 UTC

    Guyana to restructure its Defense Force

    Ali acknowledged that renewing the country's defense forces does not mean overstretching “our financial resources”

    Guyanese authorities have allocated US$ 201 million to update the South American country's military equipment as tensions with Venezuela over the oil-rich Essequibo mount. Helicopters, maritime surveillance vessels, and at least one drone will be acquired, President Irfaan Ali announced. Ali said his government would focus on technology items for the Guyana Defense Force (GDF) and on cooperation with allied countries.

  • Tuesday, February 6th 2024 - 11:03 UTC

    Falklands and peat lands: first two of four Carbon flux towers installed

    MLAs Leona Roberts and Pete Biggs during the installation of a carbon flux tower

    The Falkland Islands Government, working closely with Falklands Conservation, South Atlantic Environmental Research Institution (SAERI), British Antarctic Survey (BAS), UK Centre for Ecology and Hydrology (UKCEH) and the Department for Environment Food and Rural Affairs (Defra), are delighted to see the installation of the first two of four Carbon flux towers.

  • Monday, February 5th 2024 - 10:51 UTC

    BAS autonomous drone, Windracers ULTRA, to survey Antarctica at lower cost and lower carbon footprint

    Windracers ULTRA UAV in front of ice cliffs at Rothera Research Station

    A team have arrived at Rothera Research Station, ready to start testing the new Windracers ULTRA autonomous drone in Antarctica. If successful, the new drone platform could represent a major addition to British Antarctic Survey’s scientific capability on the frozen continent – offering the potential to do more science at a lower cost, with a lower carbon footprint than traditional crewed aviation.

  • Friday, February 2nd 2024 - 10:55 UTC

    BlackRock: Investing guru Larry Fink tells Milei he will be visiting Argentina in May

    Fink told Milei that it would “take a long time for investments to return to Argentina”

    BlackRock CEO and founder Larry Fink told Argentine President Javier Milei in a virtual meeting that he would be visiting the South American country in May, and Casa Rosada Spokesman Manuel Adorni confirmed in Buenos Aires.

  • Wednesday, January 31st 2024 - 15:21 UTC

    A company has started the process to become the new Uruguayan flag airline

    SUA plans to position its operations at Carrasco Airport and deploy a fleet of six Airbus aircraft within 18 months, expanding to ten within the first three years

    Sociedad Uruguaya de Aviación (SUA), a privately owned company, has begun the process of becoming Uruguay's new flag carrier. The endeavor is led by Antonio Rama, a Uruguayan commander who has been based in Doha for a decade.

  • Monday, January 29th 2024 - 10:54 UTC

    Argentina chooses US-built F-16 fighters over Chinese JF-17s

    There were going to be 34 F-16s but Ukrainian President Zelensky managed to have 10 of them spared for his war effort against Putin's Russia

    Argentina's Air Force is to move on with the process of purchasing 24 second-hand US-built F-16 fighter jets from Denmark with the White House's nod, it was reported in Buenos Aires. The decision meant dropping the alternative of Chinese-developed JF-17 units in line with President Javier Milei's policy of not joining the BRICS group and not holding Beijing as a key ally.

  • Friday, January 26th 2024 - 15:01 UTC

    Falklands advancing in making MPA energy sustainable with Mare Harbour Wind Farm

    MLA Pete Biggs who holds the Environment and Public Structure portfolio at the Legislative Assembly

    Following approval from ExCo on Tuesday 23 January, the Falkland Islands Government in joint working with British Forces South Atlantic will be able to proceed with “in principle approval” for Phase Two of the Mare Harbour Wind Farm.

  • Friday, January 26th 2024 - 14:04 UTC

    Gold exploration? Falklands Warrah Resources announces completion of funding round

    James Wallace, Managing Director, Fortuna Ltd, commented: Fortuna take a proactive interest in seeking out and investing in potential new sources of revenue in the Falklands.

    Warrah Resources is delighted to announce that it has secured investment from Fortuna Ltd, one of the largest privately owned businesses in the Falkland Islands. Warrah is an environmentally responsible gold and battery metal exploration company which seeks to apply modern exploration technology to historically underexplored areas.