By David P. Michaels (*) - Luis-Alberto Lacalle Pou, Uruguay’s recently inaugurated President, faces one of the most significant challenges in Uruguay’s recent history.
Airfreight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders.
Heineken NV will invest 865 million reais (US$183.14 million) to expand its Ponta Grossa brewing plant in Brazil, the company said on Monday, as competition between the world's two largest beer makers bubbles up.
A consortium formed by Germany's Thyssenkrupp AG and Brazilian plane maker Embraer SA signed a deal to deliver four frigates to Brazil's navy between 2025 and 2028, the companies said in a statement.
The spread of the Wuhan Coronavirus or COVID-19 has sent ripples of panic all across the globe. What was thought to be a localized threat in China has quickly grown into an epidemic that has spread into Italy, Iran and South Korea.
Argentina’s minister of economy met with representatives of several major creditors, including asset management firm Pimco, a company executive and a ministry source said on Wednesday, as separate talks continued with the International Monetary Fund.
UK Deputy Foreign Secretary for Europe and the Americas Wendy Morton held on Monday several meetings in Buenos Aires with officials from the new Argentine government looking to strengthen bilateral ties as well as boosting trade and investment.
The International Monetary Fund will send another mission to Argentina to continue debt strategy talks and discuss “next steps,” IMF spokesman Gerry Rice said on Thursday, as the country seeks to renegotiate its US$ 57 billion financing package.
At least five Latin American governments and several companies are considering debt sales to fund environmentally friendly projects in what is expected to be the region’s most active year for the issuance of so-called green bonds since 2017.
Ambassador Mark Kent said the United Kingdom wants to be a partner of Argentina in such areas as the development of railways, following a meeting of a British trade mission with the head of the country's Railways infrastructure Administration, ADIFSE, Ricardo Lissalde.