Argentina's small- and medium-sized manufacturing industry fell 9.9% last month compared to February last year at constant prices, the Argentine Confederation of Medium-sized Companies (CAME) said in a report released over the weekend. It was the third straight month downwards despite a slowdown from December's 27% and January's 30%, the survey also showed.
Add your comment!The Court of Justice in Catamarca (Northern Argentina) has issued a divided ruling ordering a suspension of mining activity in the Salar del Hombre Muerto, impacting lithium production projects. The decision stems from an environmental protection action filed by cacique Román Elías Guitian, urging a comprehensive environmental impact study before new permits are granted.
Add your comment!The administration of Argentine president Javier Milei announced last week plans for a US$550 million investment to build a new port in the Rosario region, the country's major grains and oilseeds hub.
Add your comment!The Latin American Economic Climate Index (ICE) released this weekend by Brazil's Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for business ventures in the region given the country's outstanding performance.
Add your comment!Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).
Add your comment!Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.
In 2019 the Falkland Islands Government (FIG) and the National Sports Council (NSC) agreed that investment in sports in the Falkland Islands was a key priority and a dedicated sports facility should be developed. FIG’s technical experts calculated that the cost of the facilities that would be required to future proof the facility would be around £6-£10m depending on detailed specifications.
In a bid to enhance its infrastructure, the Falkland Islands Government (FIG) has taken significant steps towards the replacement of the Stanley port facility, known as FIPASS. Following recent executive council meetings, two pivotal papers have been approved to advance the project.
The Greek company Tsakos announced it was closing its naval operations in Uruguay but will keep other investments in the South American country, it was reported in Montevideo after early versions that the firm was departing altogether.
The Government of Uruguay Wednesday signed a memorandum of understanding (MOU) with the company HIF for the building of a green hydrogen plant in the department (province) of Paysandú. The US$ 6 billion investment is expected to generate some 3,000 jobs.