Investments

Tuesday, August 19th 2025 - 11:18 UTC
Uruguay announces economic measures to boost growth

Uruguay's Ministry of Economy and Finance (MEF) has announced a new set of measures to “prioritize” and “streamline” investment to boost growth by making things easier for both national and foreign investors. “There is a political idea of what we want to do,” Minister Gabriel Oddone explained.
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Monday, August 18th 2025 - 08:51 UTC
Brazil donating 20 Urutus armored vehicles to Paraguay

Brazil is donating 20 EE-11 Urutu armored vehicles to the Paraguayan Army to help modernize its military and strengthen regional defense cooperation. The donation will increase Paraguay's fleet of Urutu vehicles from 12 to 32.
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Monday, August 18th 2025 - 08:04 UTC
Montevideo's airport to close for two days for upgrading work

Montevideo's Carrasco International Airport will be closed from 9 am Tuesday to 9 am Thursday due to improvement works on its ILS landing system, which will enable operations under poorer visibility, it was reported in the Uruguayan capital. Travelers were advised to check with their airlines about possible delays or reroutings.
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Monday, August 18th 2025 - 07:55 UTC
Chinese automaker GWM opens first factory in South America

Chinese automaker Great Wall Motors (GWM) officially launched its first manufacturing facility in the Americas, located in Brazil, with President Luiz Inácio Lula da Silva present at the ceremony. The plant is set to function as a regional export hub for Latin America.
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Wednesday, August 13th 2025 - 09:58 UTC
Argentina's Navy interested in Italian and Danish frigates

Argentina's Navy is considering modernizing its fleet with units from Denmark and Italy, it was reported this week in Buenos Aires.
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Saturday, August 9th 2025 - 10:28 UTC
Alckmin attends christening of new Brazilian Navy frigate

Brazilian Vice President Geraldo Alckmin on Friday attended the christening of the Navy's new frigate, the Jerônimo de Albuquerque, in Itajaí, Santa Catarina. The warship is the second of four units of the Tamandaré Class Frigate Program, a R$11 billion (approximately US$2.2 billion) initiative scheduled for completion by 2029.
Saturday, August 9th 2025 - 08:51 UTC
Boliviana de Aviación launches Washington route

Boliviana de Aviación (BoA) launched this week a new international route from Santa Cruz to Washington DC with round-trip tickets priced at US$880. The new service will operate twice a week, on Tuesdays and Thursdays.
Wednesday, August 6th 2025 - 07:24 UTC
Brazilian corporations consolidate a leading share in the global meat market

Two major Brazilian corporations’ shareholders, from Marfrig (MRFG3), and BRF (BRFS), approved on Tuesday the proposed merger between the two global food processors, the firms said in a joint securities filing.
Wednesday, August 6th 2025 - 07:20 UTC
Falklands Government opens search for future Telecommunications provider

Following approval by Executive Council, the Falkland Islands Government (FIG) has opened an international search for future providers of telecommunications. This work, which relates to the period after the end of Sure’s current exclusive license, is being led by FIG’s appointed consultants, Cambridge Management Consulting.
Tuesday, August 5th 2025 - 11:16 UTC
BP announces huge discovery off Rio de Janeiro

BP, the British oil and gas company, has announced its largest oil and gas discovery in 25 years, in the Boomerang Field, an area over 300 square kilometers within Brazil's Santos Basin, roughly 404 kilometers off the coast of Rio de Janeiro.