Investments

• Thursday, June 4th 2026 - 15:28 UTC

  Venezuela moves to open its power sector to private investment after years of blackouts

  

  Venezuela's National Assembly gave initial approval to a reform of the electricity law that opens the sector to private investment through long-term concessions, in an effort to reverse the collapse of a service battered by blackouts for two decades. The measure ends the monopoly held for more than 15 years by the state-owned National Electric Corporation (Corpoelec), though it still requires a second debate and final ratification in the coming days.

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• Monday, June 1st 2026 - 05:17 UTC

  Uruguay submits EUR 60 million offer to acquire three Royal Navy used patrol vessels

  

  The Uruguayan government will this week present a formal offer to the United Kingdom's embassy for the acquisition of three used offshore patrol vessels belonging to the British Royal Navy, for an approximate amount of 60 million euros, as announced by the Deputy Secretary of the Presidency, Jorge Díaz. The operation, structured as a direct state-to-state purchase, fits within the administration of President Yamandú Orsi's search to replace the contract terminated with the Spanish shipyard Cardama, in parallel with the hardening of accusations from the Uruguayan executive against the Vigo-based company over the use of public funds transferred.

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• Friday, May 29th 2026 - 07:00 UTC

  Global carmakers struggle to maintain competitiveness against China's technological offensive

  

  Major US, European, and Japanese automakers are undergoing a process of strategic repositioning in the face of the accelerated rise of Chinese manufacturers, which have consolidated their leadership in electric vehicles, batteries, industrial design, and software development, according to an investigation published this week by the BBC on the occasion of Auto China 2026, the world's largest motor show. The transformation is reflected in the public acknowledgment from executives themselves: the president of Honda, Toshihiro Mibe, said after visiting a highly automated plant in Shanghai that his company has “no chance against this,” while Ford CEO Jim Farley warned that Western carmakers are “in a fight for our lives.”

• Friday, May 29th 2026 - 06:31 UTC

  Capricorn Bioceanic Corridor advances to final stretch to connect Atlantic with Pacific

  

  The Capricorn Bioceanic Corridor, one of the most ambitious infrastructure projects underway in South America, is moving through its final stretch on the border between Paraguay and Brazil, with just twenty-one metres remaining to complete the physical link of the so-called Bioceanic Bridge, according to Paraguayan government authorities cited in late May 2026. The structure, built over the Paraguay River, will connect the cities of Carmelo Peralta, in the department of Alto Paraguay, and Puerto Murtinho, in the Brazilian state of Mato Grosso do Sul, and constitutes one of the central pieces of a logistics corridor that will link the Atlantic Ocean with the Pacific across four South American countries.

• Tuesday, May 26th 2026 - 23:13 UTC

  Uruguay signs memorandum with United Kingdom on aerospace, infrastructure, and digital innovation

  

  The Uruguayan government on Monday signed a memorandum of understanding with the United Kingdom to deepen bilateral dialogue and advance cooperation in the aerospace, infrastructure, and digital innovation sectors, in a new step in the rapprochement between the two countries initiated with the visit of Economy and Finance Minister Gabriel Oddone to London in February. The agreement, valid for at least the next four years, was signed between the Uruguayan Ministry of Economy and Finance and the British Foreign, Commonwealth & Development Office.

• Thursday, May 21st 2026 - 18:11 UTC

  Falklands reaffirms close relationship with IAATO; Marketplace Expo in USA

  

  Reaffirming the close relationship and collaboration members from the Falkland Islands Development Corporation (FIDC) team led a coalition of Falkland Islands businesses for the inaugural Marketplace Expo during the International Association for Antarctica Tour Operators (IAATO) Annual meeting, which was held in late April, in Annapolis, Maryland, USA.

• Thursday, May 21st 2026 - 06:59 UTC

  Falklands’ oil, in June upgrade begins in Asia to adapt Aoka Mizu FPSO to Sea Lion development needs

  

  Rockhopper Exploration (AIM:RKH), has highlighted progress at the Sea Lion oil development in the North Falkland Basin, operated by Navitas Petroleum. The first two phases will use the Aoka Mizu FPSO with capacity of 55,000 barrels per day, while a new memorandum of understanding for a second FPSO could lift total capacity by a further 125,000 barrels per day, significantly expanding the project’s production potential if implemented.

• Sunday, May 17th 2026 - 13:48 UTC

  Brazil leads South America's military spending and Uruguay posts one of the largest relative rises, SIPRI says

  

  Brazil consolidated its position as South America's leading defense spender during 2025, with a military budget of approximately USD 23.9 billion and a 13% year-on-year increase, while Uruguay recorded one of the steepest relative rises in the region, according to the annual report of the Stockholm International Peace Research Institute (SIPRI) released on Saturday. The region as a whole increased its military spending by 3.4% compared with 2024, in line with a global trend of armed forces modernization, open conflicts, and growing geopolitical tensions.

• Friday, May 8th 2026 - 02:14 UTC

  United States imposes new sanctions on Cuban military conglomerate GAESA amid escalating pressure

  

  US Secretary of State Marco Rubio announced on Thursday a new package of sanctions against the Grupo de Administración Empresarial S.A. (GAESA), the conglomerate linked to the Cuban Armed Forces that controls approximately 40% of the island's economy, in a fresh escalation of the economic pressure deployed by the Trump administration against the Havana regime. The measure is part of the implementation of Executive Order 14404, signed by President Donald Trump on May 1, which authorizes sanctions against those responsible for political repression and threats to US national security.

• Friday, May 1st 2026 - 12:12 UTC

  Pentagon seals artificial intelligence agreements with seven tech giants

  

  The United States Department of War announced the signing of agreements with seven leading technology companies to integrate artificial intelligence (AI) tools into classified operational environments. The contracts, which include SpaceX, OpenAI, Google, NVIDIA, Reflection, Microsoft, and Amazon Web Services, seek to consolidate Washington's military technological leadership.