Investments

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

  Bolivia says nothing to worry about after military deal with Iran

  

  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

  

  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

  

  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

  

  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

  

  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

  

  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

  

  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.

• Tuesday, July 18th 2023 - 10:38 UTC

  EU to invest € 45 billion in Latin America and Caribbean

  

  European Commission President Ursula von der Leyen announced Monday an investment of € 45 billion over several years for Latin American and Caribbean economies through the Global Gateway program, the EU's response to massive Chinese undertakings in the region.

• Tuesday, July 18th 2023 - 09:16 UTC

  Uruguay to purchase brand new OPVs from Spanish shipyard

  

  Uruguayan authorities Monday announced they had placed an order for the purchase of two brand-new Ocean Patrol Vessels (OPV) from the Spanish shipyard Cardama for € 82 million, it was reported in Montevideo.

• Friday, July 14th 2023 - 10:46 UTC

  Falklands projected new port facility is a floating dock at FIPASS location

  

  A tender was launched on July 10 for a new port facility for the Falkland Islands, following previous iterations of plans being deemed too costly. The tender is for a floating dock location, to be located in the same location as FIPASS, the current port facility.