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MercoPress, en Español

Montevideo, May 5th 2024 - 10:39 UTC

Investments

  • Wednesday, July 12th 2023 - 22:21 UTC

    Falklands CFL Charitable Fund made seven awards this year

    “After a few slow years during Covid the competition for funding was lively this year,” noted CFL Trust Chair Janet Robertson.

    Falkland Islands Consolidated Fisheries Ltd Charitable Trust has made a total of seven awards this year, benefitting a range of people both in the Falklands community and beyond.

  • Tuesday, July 11th 2023 - 08:29 UTC

    LatAm lures record foreign direct investment in 2022

    Brazil accounted for 40.7% of the FDI

    According to a report from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) released Monday, Latin America and the Caribbean attracted a record volume of foreign direct investment (FDI) in 2022 with US$ 224.58 billion injected, which represented a 55.2% increase from 2021.

  • Monday, July 10th 2023 - 19:17 UTC

    Falklands launches tender for replacement of port facility FIPASS

    FIPASS, the obsolete port terminal from the Falklands, which government and the private sector want to renew (Pic FIG)

    FIG today launched a tender for the provision of a new port facility for the Falkland Islands. The tender process was approved by Executive Council in February 2023, and today’s launch follows months of work with professional advisers and engagement with existing port users to refine the specification and provide both FIG and prospective tendering companies with a robust and complete model of what the Falklands needs from its port facility, looking decades into the future.

  • Monday, July 3rd 2023 - 08:12 UTC

    MSC and Maersk alliance to end 2025; MSC investing in new vessels, Maersk in logistics

    This year the two shipping companies confirmed that the so-called 2M alliance will end in 2025

    Mediterranean Shipping Company and AP Møller-Maersk that since 2015 set aside their rivalry and shrugged off opposition from regulators to form a capacity-sharing alliance have now agreed to part, with different focus in the future of the industry.

  • Saturday, July 1st 2023 - 10:53 UTC

    Brazil/Argentina bilateral trade better, but still lacks the dynamism of past years

    Brazilian sales to Argentina have grown by 26.9% compared to the same period last year, while imports increased by 4%.

    Trade relations between Brazil and Argentina are improving with an overall volume of US$12.5 billion in the first five months of this year. Brazil exported US$7.5 billion worth of goods and imported US$ 5 billion from Argentina, according to the Comexstat portal of the Brazilian Ministry of Industry, Commerce, and Services.

  • Saturday, July 1st 2023 - 10:49 UTC

    Mercosur members challenge Argentina toll fee on Parana/Paraguay waterway

    The Parana/Paraguay with its barges is crucial for the foreign trade of landlocked countries such as Paraguay and Bolivia

    Delegations from Paraguay, Bolivia, Brazil, and Uruguay recently convened a meeting to challenge Argentina’s imposition of a toll fee on the Paraná-Paraguay Waterway. The neighboring countries argued that the evidence presented by Argentina did not provide enough services to justify the charge.

  • Friday, June 30th 2023 - 10:32 UTC

    Bolivia signs lithium production deals with Russian, Chinese companies

    Arce also underlined that Bolivia continues to be the country with the largest certified lithium reserves on the planet

    Bolivia's state-owned company Yacimientos de Litio Bolivianos (YLB) Thursday signed two separate agreements whereby Chinese and Russian companies will invest over US$1.4 billion to build two industrial complexes for the production of lithium carbonate, it was reported in La Paz.

  • Friday, June 30th 2023 - 08:01 UTC

    Falklands Government acquires Stanley Growers provider of 90% of fresh vegetables and fruit

    Some of the valuable producing land of Stanley Growers. (Pic Stanley Nurseries & Garden Centre)

    Last 21 June it was announced that the Falkland Islands Government (FIG) would be acquiring Stanley Growers Limited and Stanley Nurseries and Garden Centre and the land which both businesses occupy, with the intention of managing the business for a time before selling it.

  • Thursday, June 29th 2023 - 15:45 UTC

    World Bank approves $150 million loan to boost green hydrogen investment in Chile

    This collaboration aims to expedite hydrogen deployment in emerging markets and developing countries

    In a significant move towards promoting sustainable energy solutions, the World Bank Board of Directors has approved a loan of $150 million to support green hydrogen projects in Chile. This loan marks the World Bank's first endeavor in promoting green hydrogen and aligns with Chile's commitment to achieving carbon neutrality by 2050. The investment aims to accelerate the country's green growth, energy transition, and foster a resilient and inclusive economic development.

  • Friday, June 23rd 2023 - 11:10 UTC

    Microsoft AI lab inaugurated in Uruguay

    It is the fourth such facility worldwide

    Uruguayan President Luis Lacalle Pou Wednesday declared inaugurated Microsoft's first Artificial Intelligence laboratory in Latin America and the fourth in the world. The installations are at the Technological Laboratory of Uruguay (LATU).