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Montevideo, May 24th 2024 - 21:53 UTC

Stories for February 28th 2017

  • Tuesday, February 28th 2017 - 18:18 UTC

    Brazil manufacturers set up “maquila” assembly plants in neighboring Paraguay

    Dark-blue electric scooters assembled by 20 workers at the Estrela factory, known as a “maquila”, will be shipped across the Paraguay border to Brazil

    When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank US$ 2 million into a new factory not in its native Brazil - the region's largest economy - but in its tiny southern neighbor Paraguay. The plant, which opened this month in the border town of Hernandarias, stands near a 4,500-hectare industrial park filled with Brazilian companies making everything from auto parts to clothing.

  • Tuesday, February 28th 2017 - 17:53 UTC

    UN says that action to curb climate change is unstoppable, despite Trump

    Ms Espinosa said it would be more damaging for the US to leave the on-going climate talks process altogether than to stop funding the clean energy program.

    The UN’s new climate chief admits she’s worried about President Donald Trump – but is confident that action to curb climate change is unstoppable. President Trump said he’d withdraw from the UN climate deal and stop funding the UN’s clean energy program. But former Mexican diplomat Patricia Espinosa said that the delay in any firm announcement suggests the issue is still unresolved.