Investments

• Saturday, April 13th 2019 - 08:12 UTC

  Searching for Admiral Graf von Spee’s great cruiser fleet sunk at the Falklands Battle

  

  In 2014-2015, to mark the centenary of the Battle of the Falklands, Mensun Bound, a Falkland Islander himself, led an expedition to try to find Admiral Graff von Spee’s lost cruiser squadron in 1914, the whereabouts of which has become one the great mysteries of the maritime world. Now he is resuming the hunt. Mercopress began by asking how it all began.

• Saturday, April 13th 2019 - 07:44 UTC

  Bolsonaro prepares to open Amazon reserve to mining: pledges no bureaucratic impediments

  

  Brazilian President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.

• Saturday, April 13th 2019 - 07:17 UTC

  Facebook spent US$ 22.6m in CEO Zuckerberg's security in 2018

  

  Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to US$22.6 million, a regulatory filing showed on Friday. Zuckerberg has drawn a base salary of US$1 for the past three years, and his “other” compensation was listed at US$22.6 million, most of which was for his personal security.

• Friday, April 12th 2019 - 21:33 UTC

  Instead of agrochemicals, Uruguay uses wasps to develop non-genetically modified soy

  

  In Uruguay, non-genetically modified soy (GMO) soy is being developed in order to compete in a market saturated by the volume of crops in the region. Nevertheless, the country’s government hopes Uruguayan soy will stand out for its quality rather than for the volume of harvests motivating soy producers to use “biological controls” to combat pests.

• Friday, April 12th 2019 - 09:49 UTC

  IMF: “foolish” for Argentine presidential candidates to abandon the program

  

  Argentina’s economic reform program is beginning to show results, so it would “foolish” for presidential candidates to abandon the program, International Monetary Fund chief Christine Lagarde said Thursday.

• Thursday, April 11th 2019 - 15:58 UTC

  Uruguay: ANTEL, Nokia Complete First 5G Commercial Network in Latin America

  

  As 5G rollout continues to accelerate, three more announcements have been made, beginning with the news that Nokia and ANTEL, the Uruguayan state-owned operator, have successfully completed the installation of the first 5G commercial network in Latin America.

• Thursday, April 11th 2019 - 09:03 UTC

  Brazilians are back!! Miami real agents celebrate

  

  Miami real estate agents have one reason to be happy: Brazilian buyers are back as a dominant buyer pool in South Florida, amid an increase in foreign investment. Political turmoil in Brazil and a strong dollar have kept buyers away from South Florida in recent years – until now.

• Thursday, April 11th 2019 - 08:41 UTC

  Brazil planning on a second satellite for military and civil communications

  

  The Brazilian government is planning to purchase a second satellite for military and civil communications. Brazilian Air Force Executive Vice President Maj. Gen. José Vagner Vital, said the nation’s military wants to have a backup for the Geostationary Defense and Strategic Communications Satellite, SGDC-1.

• Thursday, April 11th 2019 - 06:54 UTC

  Petrobras to receive US$ 9.058bn following agreement with the government

  

  The Brazilian government reached a landmark deal to pay state-controlled oil company Petrobras SA US$9.058 billion for revising a transfer-of-rights oil contract, Energy Minister Bento Albuquerque said.

• Thursday, April 11th 2019 - 06:45 UTC

  US/China closer to a deal: they agree to establish “enforcement officers”

  

  The United States and China have largely agreed on a mechanism to police any trade agreement they reach, including establishing new “enforcement offices,” U.S. Treasury Secretary Steven Mnuchin said on Wednesday.