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MercoPress, en Español

Montevideo, April 4th 2025 - 02:11 UTC

Investments

  • Thursday, April 3rd 2025 - 10:00 UTC

    Chile unveils plans to optimize copper and lithium extraction

    Chile's transition to clean energy must involve local communities and small businesses, Síkela noted

    The European Union, in collaboration with Fraunhofer Chile, has launched the OPTIMINER project in Santiago with key EU and Chilean dignitaries to optimize the extraction and processing of critical raw materials (CRMs) like copper and lithium, essential for renewable energy and clean technologies. The initiative seeks to foster sustainable mining and energy transition, benefiting both local communities and global supply chains.

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  • Monday, March 31st 2025 - 08:53 UTC

    Musk launches daring AI merger involving X

    The move is expected to enhance user experiences and advance truth-seeking and human progress, Musk argued

    Elon Musk’s artificial intelligence startup, xAI, has acquired his social media platform, X, in an all-stock deal valuing the latter at US$ 33 billion, the South African-born tycoon announced. The acquisition merges two of Musk’s prominent ventures, combining xAI’s AI expertise—bolstered by its chatbot Grok and a massive GPU supercomputer—with X’s vast user reach.

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  • Thursday, March 27th 2025 - 10:07 UTC

    Brazil clinches sale of 20 Embraer jets to Japan

    “This will generate jobs and income. It will stimulate the economy,” Costa Filho stressed

    During President Luiz Inácio Lula da Silva's visit to Japan, Embraer finalized the sale of 20 jets to All Nippon Airways (ANA), earning around R$10 billion (US$ 1.74 billion).

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  • Thursday, March 27th 2025 - 08:12 UTC

    Falklands, maintenance work on a historic bridge

    The steel bridge was designed and supplied from England and assembled in 1928

    The Falklands Public Works Department Highways Section would like to advise the public that maintenance to the Malo Bridge is scheduled to take place on Wednesday 26th March 2025.

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  • Wednesday, March 26th 2025 - 05:40 UTC

    Falklands Sea Lion oil development FID expected by midyear, Rockhopper reports

    Rockhopper intends to commission its own Independent Resource Evaluation which will be published later this year.

    A final investment decision (FID) for the Sea Lion development offshore the Falkland Islands could be reached in mid-2025, according to Rockhopper, which is partner in the project with the operator Navitas Petroleum from Israel.

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  • Monday, March 24th 2025 - 08:43 UTC

    China and Russia announce separate plans to develop home-built regional jetliners

    Russia's SJ-100 was originally developed with foreign components but that needed to change following sanctions after invading Ukraine

    Non-western regional aircraft manufacturers are stepping up plans to displace foreign competition amid global fragmentation and economic sanctions. While Russia is substituting imported components for its Superjet SJ-100, the Shanghai-based Commercial Aircraft Corporation of China (Comac) announced an increase in productivity for its C-919 narrowbody model, with an output of 50 units expected this year and 200 by 2029. At a conference in Xian, Comac also said 100 new aircraft would be available in 2026 after new funding worth US$ 4.7 billion was injected into the program.

  • Monday, March 24th 2025 - 08:34 UTC

    Falklands Government convenes a Telecoms Assembly for Tuesday 25th March

    Attendees will have a change to ask questions and contribute to the future of telecoms in the Falklands

    The Falkland Islands Government (FIG) is inviting residents to a public meeting on Tuesday, 25th March, from 5pm until 6pm, upstairs in the Town Hall.Cambridge Management Consulting is conducting a second visit to the Falkland Islands to support FIG in shaping the future of the Telecoms Program.

  • Friday, March 21st 2025 - 10:17 UTC

    Uruguay’s economy rebounded in 2024, but growth expected to slow in 2025

    The agriculture, energy, and manufacturing sectors saw the strongest performance, with energy growing by 19.6% and agriculture by 11.3%.

    Uruguay’s economy expanded by 3.1% in 2024, recovering from a severe drought the previous year, according to national accounts data released by the Central Bank of Uruguay (BCU). However, economists warn that growth in 2025 is likely to return to the country's historical pace of slower expansion.

  • Thursday, March 20th 2025 - 20:03 UTC

    Amazon railroad project faces ballooning costs and environmental concerns

    Ferrogrão solves no logistical issues while creating significant problems instead

    New data provided by researchers from the University of São Paulo, the Federal University of Minas Gerais, and environmental groups like the Climate Observatory showed that the Ferrogrão railroad, a 933-kilometer project linking Mato Grosso’s grain-producing region to Atlantic ports, could cause significantly greater environmental damage than previously estimated. The study criticizes the government’s feasibility analysis, conducted under former President Jair Bolsonaro, for underestimating deforestation risks and cumulative impacts, especially in the Amazon rainforest and indigenous areas.

  • Wednesday, March 19th 2025 - 20:55 UTC

    Falklands Government successfully raises funds for future capital investments

    Among critical projects are the replacement of FIPASS and the development of a new Power Station, which are both essential infrastructure for the Falklands

    The Falkland Islands Government (FIG) has successfully raised £150 million to facilitate investment in the capital program over the coming years, and in particular the replacement Port facility planned for 2027.

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