French companies have been reported to be exploring the relocation of their production to Paraguay, drawn by its maquila regime and strategic geographic location, according to Benoit Libourel, president of the Paraguayan-French Chamber of Commerce.
Add your comment!An expedition led by the motor yacht MY Legend has completed the first visual survey of the wreck of the SS Terra Nova, offering new insight into one of the most emblematic ships of polar exploration. Located off the coast of Greenland, the wreck was first discovered in 2012, nearly 70 years after the ship sank during World War II.
The Falkland Islands Legislative Assembly has welcomed the UK Government’s newly released Strategic Defence Review, highlighting it as a key affirmation of Britain’s enduring defence obligations toward its Overseas Territories.
Paraguayan exports have recorded significant improvements this year, according to reports released in Asunción this week.
Paraguayan Ambassador Helena Concepción Felip Salazar and Asunción's Vice-Minister of Mines and Energy Mauricio Bejarano met in Buenos Aires with Argentina's Energy Secretary María Tettamanti to advance discussions on a bioceanic gas pipeline project. The talks focused on drafting a memorandum of understanding and outlining steps for gas integration between the two nations.
Brazilian President Luiz Inácio Lula da Silva announced Thursday a R$ 844 million (US$ 148 million) investment to modernize and expand the Port of Itajaí in the southern State of Santa Catarina, under federal management since January 2025. The funds aim to enhance safety and logistical efficiency, increase port capacity to boost cargo handling, create jobs, and strengthen the local economy
Peru has joined Brazil and China's transcontinental railroad project to connect the Pacific coast with the Atlantic Ocean across South America, offering an alternative trade route to the Panama Canal. This railway aims to facilitate the transport of Brazilian goods, such as soybeans and minerals, to China’s Shanghai port via Peru’s Chancay port, reducing maritime trade distance by about 10,000 km and easing reliance on Brazil’s congested Santos port.
Dutch offshore company Bluewater has reached an agreement in principle to extend the deployment of the Aoka Mizu FPSO on the UK’s Lancaster oilfield, a move that could set the stage for the vessel’s future redeployment to the Falkland Islands' Sea Lion project.
Tristan da Cunha, the world’s most remote inhabited island, has awarded its prized lobster concession to Fortuna Ltd, a British Overseas Territory-based company with global seafood operations.
Football legends Lionel Messi and Luis Suárez have announced the creation of their own football club in Uruguay, “Deportivo LSM,” which will compete in the country’s official league system under the Uruguayan Football Association (AUF) starting in 2026.