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MercoPress, en Español

Montevideo, July 12th 2025 - 19:59 UTC

Investments

  • Thursday, December 19th 2024 - 09:22 UTC

    Spanish shipbuilder expected to announce it is taking over Harland and Wolff

    Navantia, is 100% owned by Spain's government, and has been a significant recipient of funding from the European Commission as part of the European Defense Fund.

    A Spanish state-owned shipbuilder is expected to confirm this Thursday that it is buying Harland and Wolff, the Belfast shipyard best known for having built the Titanic. Harland and Wolff was once mentioned as a possible builder of the Falkland Islands new port terminal, the largest Islands’ capital investment.

  • Wednesday, December 18th 2024 - 09:52 UTC

    Paraguayan President discusses energy and business with Chubut Governor

    Torres and Peña met at the latter's Presidential residence in Asunción

    Paraguay's President Santiago Peña met Tuesday with Ignacio Torres, Governor of the Argentine Patagonian Province of Chubut, at the Mburuvicha Roga Residence in Asunción to discuss bilateral issues. The Argentine official also held encounters with local businessmen.

  • Tuesday, December 17th 2024 - 10:28 UTC

    Number of Argentines migrating to Uruguay on the rise

    Despite Milei's achievements against inflation, recession in Argentina remains critical

    According to data released Monday in Montevideo, the number of Argentines seeking to start anew in Uruguay in the first year under President Javier Milei has more than doubled. After Argentine migration to Uruguay increased by 64% reaching 3,639 applications in less than one year, local authorities are beginning to ponder its possible impact on the country's demographics and social structure.

  • Friday, December 13th 2024 - 10:40 UTC

    Fears of illegal goods trading as China’s takes control of Latin American ports along the Pacific

    Containerized seaborne trade accounts for 90% of global trade, with over 500 million units shipped each year, but UNODC says fewer than 2% of shipments are inspected

    A report by the Washington-based think tank, the Center for Strategic and International Studies (CSIS) indicates strong concern with the increasing number of Chinese-operated ports in Latin America, fearing an increase in criminal networks and the trafficking of illicit goods and smuggling.

  • Saturday, December 7th 2024 - 10:50 UTC

    Aerolíneas Argentinas and LATAM sign game-changing agreement

    LATAM and Aerolíneas together are arguably the largest alliance in South America

    Aerolíneas Argentinas and LATAM Airlines signed a key agreement for codeshare flights and reciprocity within their fidelity programs, thus resulting in arguably the largest alliance in South America. The understanding allows the sale of tickets on domestic and regional routes between both companies in addition to the accrual and redemption of miles, thus benefiting 48 million LATAM Pass members and more than 4 million Aerolíneas Plus members.

  • Friday, December 6th 2024 - 10:15 UTC

    Falklands, Ramboll’s professional services framework contractor renewed for five years

    Jason Layfield, Ramboll’s UK Executive Director (Buildings) said “We are delighted to have been re-appointed as FIG’s professional services framework partner for a further five years”

    Following a competitive international tender process, the Falkland Islands Government (FIG) has announced that the contract for its professional services framework has been awarded to Ramboll, (*).

  • Thursday, December 5th 2024 - 02:57 UTC

    Explore Forex trading opportunities in the LatAm markets

    Photo: Freepik

    Latin American (LatAm) countries rely primarily on their agriculture and mining sectors, using the vast arable lands and mineral-rich resources to develop their economies. The region has a population of over 665 million and a GDP of $6 trillion. This growing market is ripe for technological development that investors can benefit from.

  • Tuesday, December 3rd 2024 - 09:40 UTC

    Brazil's Anatel gives nod to 5G nationwide

    Operators can start installing 5G technology but it will not be operational until 2029

    Brazil's National Telecommunications Agency (Anatel) and the Band Management Entity (EAF) announced that the 3.5 gigahertz (GHz) frequency band, intended for 5G, had been “cleared” as of Monday, after the total removal of interference that prevented the activation of the signal in the 5,570 municipalities nationwide, Agencia Brasil reported.

  • Saturday, November 30th 2024 - 10:55 UTC

    Chilean Governor announces ambitious Tierra del Fuego tunnel project

    The initiative seeks to replace the current crossing of the Strait of Magellan by barge

    Governor Jorge Flies of the Chilean Magallanes and Antarctica Region announced a project to build an underwater tunnel linking the mainland with Tierra del Fuego, an initiative from which Argentina would also benefit. The proposal submitted during a National Conference on Policies for Extreme Zones in Chile seeks to replace the current barge 3.7 kilometers crossing through the Strait of Magellan. The 4-kilometer submarine tunnel would entail a US$1.5 billion investment.

  • Saturday, November 30th 2024 - 10:21 UTC

    Brazil successfully completes first phase of Operation Potiguar

    The second phase of Operation Potiguar is scheduled for the second half of 2025

    Brazil's Air Force confirmed Friday the successful launch of an unmanned rocket into space. The unit was built with 100% national technology, it was also explained at the Barreira do Inferno Center in Parnamirim, in the State of Rio Grande do Norte.