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Montevideo, April 4th 2025 - 21:18 UTC

Investments

  • Tuesday, May 7th 2024 - 19:19 UTC

    Argentina is the promised land for businesspeople, Milei says

    “Argentina is becoming a freer country day by day,” Milei insisted

    Argentine President Javier Milei told attendees at the Milken Institute's Global Conference in Beverly Hills that his country “has all the conditions to be the new Mecca of the West” and asked businessmen to help build “the new Rome of the 21st Century.”

  • Monday, May 6th 2024 - 10:20 UTC

    Federal gov't to rebuild Rio Grande do Sul's roads, says Lula

    “Bureaucracy will not stand in the way of us recovering the greatness of this state,” said Lula

    Brazilian President Luiz Inácio Lula da Silva announced Sunday that the Federal government would provide the funding for the reconstruction of every road in the State of Rio Grande do Sul destroyed by the storms, be them national or local, Agência Brasil reported. The head of state also pledged to reduce the bureaucracy involved in the work.

  • Saturday, May 4th 2024 - 10:59 UTC

    Japanese PM discusses Mercosur FTA with Paraguay's President

    Kishida underlined that Paraguay was a reliable partner

    Paraguayan President Santiago Peña and Japan's Prime Minister Fumio Kishida met Friday in Asunción to strengthen bilateral ties as well as to further discuss a free trade agreement (FTA) with the Southern Common Market (Mercosur). Peña, who holds the group's rotating presidency, expressed in a statement his “fervent desire” to “move forward with a free trade agreement between Mercosur and Japan.”

  • Wednesday, May 1st 2024 - 14:30 UTC

    Panama Canal Authority to explore desalinization plant's potential

    The Panama Canal uses freshwater from two local lakes to fill the locks through which vessels cross from the Atlantic Ocean to the Pacific and vice versa

    The Panama Canal Authority (ACP) announced Tuesday that a pilot plan to test the viability of implementing a desalination process was to be carried out in a move to keep the century-old structure fully operational while maintaining the quality of water for human consumption.

  • Wednesday, May 1st 2024 - 14:25 UTC

    South America as an expat destination

    Photo: Unsplash / Mike Swigunski

    South America is rising as an expat destination, and for good reason. It’s a part of the world where modern cities coexist with vast rural areas under varied climates, all while having a lower cost of living than what you’ll find in major North American and European cities. In addition to these reasons, let’s take a closer look at exactly why an expat might choose South America as their preferred destination.

  • Monday, April 29th 2024 - 10:27 UTC

    Embraer announces investment for new plant

    Embraer “has always been a source of pride for this country,” Lula stressed

    Brazilian Aircraft manufacturer Embraer, arguably the world's third-largest, plans to invest R$ 2 billion (about US$ 390 million) in a new plant this year, it was announced last week before President Luiz Inácio Lula da Silva. The manufacturer hired 1,500 new workers last year for a 19,000 labor force it had before the pandemic.

  • Monday, April 29th 2024 - 09:26 UTC

    Record auction price for 14-carat gold pocket watch belonging to the richest passenger on the Titanic

    The auction for John Jacob Astor IV's 14-carat gold Waltham pocket watch, engraved with the initials JJA was sold to an American buyer.

    A pocket watch that belonged to the wealthiest passenger aboard RMS Titanic sold for £1,175 million (€1,38 million, US$1,46 million) at an auction on Saturday, smashing a pre-sale estimate. Henry Aldridge & Son, the auction house, had anticipated it would sell for between £100,000/£150,000.

  • Saturday, April 27th 2024 - 10:59 UTC

    Military presence “at the appropriate level to ensure the defense of the Falklands,” UK MoD

    British forces stationed at MPC include an infantry company, an air defense battery, four Typhoon fighter jets, and a patrol vessel from the Royal Navy.

    Following Argentina's purchase of US-made F-16 jets from Denmark, concerns were raised in Parliament to a Secretary of Defense regarding the UK's defense readiness in the South Atlantic, more precisely the Falkland Islands.

  • Saturday, April 27th 2024 - 10:45 UTC

    Repair ship RFA Diligence, involved in Falklands and Gulf wars, sold to Turkey

    RFA Diligence was previously chartered by the British government to support naval activities during the Falklands conflict in 1982.

    The Portsmouth media has reported that RFA Diligence, a Royal Fleet Auxiliary ship previously involved in the Falklands and Gulf conflicts, has arrived in Turkey after being sold for recycling by the UK Defense Equipment Sales Authority (DESA).

  • Thursday, April 25th 2024 - 06:32 UTC

    Falklands' KEM Hospital modernization includes improvement of Pathology Laboratories

    The works at KEMH will also specifically address the urgent need for replacing the existing Autoclaves that currently are at the end of their service life.

    Following the approval by the Falkland Islands Executive Council (ExCo) on Tuesday 23 April 2024, the Directorate of Health and Social Service (DHSS) and the Public Works Department (PWD), are delighted to announce that the Phase 1 of the redevelopment of the Pathology Laboratories at King Edward VII Memorial Hospital (KEMH) will begin this initiative.