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Montevideo, April 25th 2024 - 21:17 UTC

Investments

  • Saturday, July 29th 2023 - 10:44 UTC

    Uruguay to build prison for transgender inmates

    Petit estimated that the new penitentiary could be ready in less than two years.

    Uruguayan authorities have announced plans to build a prison for transgender offenders, it was reported in Montevideo. Uruguay is the country with the highest per capita incarceration rate in South America, with four out of every 1,000 inhabitants behind bars.

  • Friday, July 28th 2023 - 10:25 UTC

    Argentina signs Artemis Accords with NASA

    “The Artemis Accords constitute a contribution to the development of space activities with peaceful purposes at a global level,” Filmus said

    Argentine Science Minister Daniel Filmus Thursday signed the Artemis Accords during a ceremony at Casa Rosada with President Alberto Fernández, NASA Administrator Bill Nelson, US Ambassador Marc R. Stanley, and Foreign Minister Santiago Cafiero. Argentina became the 28th nation to sign the Accords, and the fifth Latin American country, following Brazil, Colombia, Ecuador, and Mexico.

  • Wednesday, July 26th 2023 - 10:30 UTC

    Brazil working on satellite partnership with NASA

    “This is a proposal that the NASA administrator brought on the visit to President Lula,” Santos explained

    Brazilian Science Minister Luciana Santos Tuesday launched a proposition to United States Space Agency (NASA) Administrator Bill Nelson for both countries to develop together new satellites and aerospace technologies to monitor deforestation in the Amazon rainforest, Agencia Brasil reported.

  • Wednesday, July 26th 2023 - 09:57 UTC

    Bolivia says nothing to worry about after military deal with Iran

    Novillo ruled out any “warlike” actions and “threats” and claimed he was part of a “pacifist government”

    Bolivian Defense Minister Edmundo Novillo Tuesday blamed the “extreme right” for Argentina's protest regarding a scientific and military agreement between La Paz and Tehran. Novillo insisted that Buenos Aires' reaction was an “exaggeration” and a “political show” ahead of this year's elections following Foreign Minister Santiago Cafiero's request for an explanation.

  • Tuesday, July 25th 2023 - 11:32 UTC

    Latin-Americas' largest utilities company plans to invest US$ 17bn. in clean energy

    Brazil boasts 84% of its power generation coming from renewable sources, as the country is the second-largest hydropower producer after the United States

    Electrobras, Brazil's main electricity complex has plans to invest some US$ 17 billion in the next five years through mergers and acquisitions. The company said that investments in electricity generation would come in at around US$3.6 billion over the period as it moves to comply with its goal of a clean energy complex.

  • Tuesday, July 25th 2023 - 08:25 UTC

    Brazilian plant to manufacture flying cars

    Eve Air Mobility is a subsidiary of Embraer

    Electric horizontal vertical takeoff and landing vehicles with room for up to five people are to be manufactured by Ever Air Mobility's plant 145 kilometers from the city of São Paulo, Embraer announced. The first deliveries of the so-called “flying cars” are due in 2026.

  • Monday, July 24th 2023 - 10:45 UTC

    Sixty years compilation of research on Antarctic ice and topography

    A plane flies over Thwaites Glacier. Photo credit BAS.

    In a significant milestone for Antarctic research, detailed and extensive information on ice thickness and bed topography is now available for the first time in a centralized and standardized format, the British Antarctic Survey has announced.

  • Saturday, July 22nd 2023 - 11:25 UTC

    Uruguay: Finnish pulp mills granted use of Fray Bentos free-trade zone until 2053

    UPM's request to extend the term goes hand in hand with its other free zone

    The Uruguayan Government this week extended the term of exploitation of the Fray Bentos duty-free zone to the company UPM until 2053, it was reported in Montevideo.

  • Friday, July 21st 2023 - 10:04 UTC

    Production of lithium batteries to start in September in Argentina

    The Y-TEC plant at the University of La Plata will generate cells for batteries for 2,000 homes to supply wind and solar energy to populations isolated from the grid, Salvarezza explained

    Argentina's first National Plant for the Technological Development of Lithium Cells and Batteries will start production in September on the premises of the National University of La Plata (UNLP), Y-TEC (a subsidiary of the state-owned oil company YPF) head Roberto Salvarezza announced Thursday.

  • Wednesday, July 19th 2023 - 10:07 UTC

    Argentina's Defense Minister interested in India-built weaponry

    Defense negotiations between Argentina and India were resumed under Taiana

    Argentina's Defense Minister Jorge Taiana held a meeting with his Indian colleague Rajnath Singh to discuss the purchase of weapons for the South American country, including fighter jet planes.