Investments

Tuesday, July 29th 2025 - 10:30 UTC
HSBC sells out operations in Uruguay to leading Brazilian bank

Brazilian bank BTG Pactual has acquired the Uruguayan operations of British bank HSBC for US$175 million, marking BTG Pactual's entry into Uruguay and HSBC's exit from the market as part of its global restructuring strategy. The deal, announced on Monday, includes both equity and additional capital instruments and is subject to regulatory approvals.
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Thursday, July 24th 2025 - 08:36 UTC
Lula and Sheinbaum discuss joint developments

Presidents Luiz Inácio Lula da Silva of Brazil and Claudia Sheinbaum of Mexico held a telephone conversation on Wednesday to discuss strengthening bilateral relations and economic cooperation.
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Saturday, July 19th 2025 - 10:37 UTC
Paraguay to receive electric buses and pickup trucks from Korean Donation

Paraguay is set to receive 60 distinctive electric “jeepney” buses and 20 electric pickup trucks as a donation from the Korean government. The buses, known for their colorful, elongated design popular in the Philippines, are expected to arrive in Paraguay in October and will be assembled domestically, becoming operational by year-end.
Saturday, July 19th 2025 - 10:27 UTC
Uruguay: New water treatment plant approved

Uruguay is moving forward with plans for a 200,000 cubic meter water treatment plant in the Santa Lucía River basin, specifically in the Aguas Corrientes area. This decision comes after renegotiations of a contract, with the project now the previously planned Arazatí initiative was scrapped.
Friday, July 18th 2025 - 10:40 UTC
Paraguay, UK sign “Friendship Charter”

Paraguayan Foreign Minister Rubén Ramírez Lezcano and British Secretary of State for Foreign Affairs David Lammy signed Thursday in London the so-called “United Kingdom-Paraguay Friendship Charter,” committing both nations to enhanced cooperation across five key areas:
Thursday, July 17th 2025 - 10:40 UTC
Falklands, Government finally presents delayed 25/26 Budget approved by outgoing Legislative Assembly

The Falkland Islands Government’s (FIG) Budget for 2025/26 has today, 16th July, been approved by the Legislative Assembly, setting a considered and strategic direction to safeguard the long-term financial health of the Islands.
Thursday, July 17th 2025 - 09:25 UTC
Major overhaul announced for Buenos Aires underground Line B

The Chinese company CRRC Changchun Railway Vehicles Co. Ltd has been awarded a US$301.5 million contract by the Buenos Aires City government to completely renovate the fleet of Line B of the underground metro system. This line is the most heavily used, serving approximately 180,000 daily users.
Wednesday, July 9th 2025 - 09:20 UTC
Brazil and China to assess railroad to Peru feasibility

Authorities from Brazil and China signed this week an agreement to start the studies for the construction of a railway connecting the Atlantic and Pacific Oceans, which would bring South America's largest country closer to the Asian giant trade-wise.
Tuesday, July 8th 2025 - 06:51 UTC
Falklands, Public Consultation on Use of TV and Radio Services

The Falkland Islands Government (FIG) would like to remind all residents that the public consultation on the use of television and radio services across the Islands is still open and will run until 15 July 2025.
Thursday, July 3rd 2025 - 10:19 UTC
S&P doowngrades Bolivia's ratings

Standard & Poor's (S&P) downgraded Bolivia's long-term credit rating from 'CCC+' to 'CCC-' with a negative outlook. This decision was driven by increasing debt servicing costs and a deteriorating external financial profile, which could make it harder for the landlocked country to access financing and potentially hinder its ability to pay off debt in the coming months.