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MercoPress, en Español

Montevideo, January 27th 2026 - 23:16 UTC

Investments

  • Wednesday, May 23rd 2018 - 20:25 UTC

    Falkland Islands second air link announcement expected after June 13th

    “Barry Rowland, FIG Chief Executive said leading experts had been commissioned because “our primary aim is to ensure the right outcome for the Falkland Islands”

    The Falkland Islands government announced on Wednesday it has received an evaluation report regarding a second weekly air link to the Falklands, from specialist consulting Aviation Economics, and will be briefing the Executive Council at their 13 June meeting, and recommending a response to the proposed options.

  • Saturday, May 19th 2018 - 06:58 UTC

    A “transformational” year for Falklands Sea Lion development, says Rockhopper Exploration

    Rockhopper said it has nearly completed selecting the main contractors for the project, in the Falklands, as well as vendor funding worth US$ 400 million.

    Rockhopper Exploration PLC at its annual general meeting on Friday said 2018 could be “transformational” as it seeks to secure funding for its Sea Lion project in the Falkland Islands. Rockhopper said it has nearly completed selecting the main contractors for the project, in the Falklands, as well as vendor funding worth US$ 400 million.

  • Thursday, May 17th 2018 - 10:42 UTC

    Boeing wins subsidies dispute with Airbus at WTO

    Boeing chairman and CEO Dennis Muilenburg said: “Today's final ruling sends a clear message: disregard for the rules and illegal subsidies are not tolerated.”

    The World Trade Organization (WTO) has ruled that the European Union (EU) failed to comply with requests to end subsidies for Airbus. US Trade Representative (USTR) said the ruling in the dispute opens the way for placing tariffs on EU goods.

  • Wednesday, May 16th 2018 - 19:54 UTC

    Uruguay is presented in London as main gateway to Latin America

    “Why Uruguay? Latin America’s Finest Business Gateway “, which will take place in the North Tower of Tower Bridge.

    The mission is being organized by Uruguay XXI, the investment, export and country brand promotion agency, along with the British Embassy in Montevideo, the British-Uruguayan Chamber of Commerce and with the support of the UK Department for International Trade. The trade mission will be present between May 14/18.

  • Wednesday, May 16th 2018 - 07:20 UTC

    Indian Navy Tarini manned with six women expected in Goa next Monday 21 May

    The INSV Tarini during her call in the Falkland Islands, where they made many friends

    In a few days, India's Navy INSV Tarini and the six women officers manning it, will arrive at Goa's shores, marking the successful completion of the first-ever circumnavigation by a crew of Indian women. One of its four calls was in the Falkland Islands.

  • Friday, May 11th 2018 - 06:29 UTC

    Argentine stock market climbs 6% and the exchange market operates cautiously

    Finance Minister Luis Caputo said the IMF deal would guarantee financing through the end of President Macri's first term in December 2019

    Argentine equities rallied on Thursday, while the country's peso currency was stable, as the central bank sold foreign currency reserves in the spot market for the first time since the country announced it was seeking financing from the IMF.

  • Friday, May 11th 2018 - 06:00 UTC

    “Lords should not undermine the will of the majority” that voted for Brexit

    Leader Andrea Leadsom said the Lords should not undermine the desire of voters who backed the UK leaving the EU at the 2016 referendum

    Peers should not undermine the will of those who voted Brexit, a senior minister has said after the UK Government suffered 14 defeats over key legislation. Commons Leader Andrea Leadsom said the Lords has made significant improvements to the European Union (Withdrawal) Bill, which transfers EU law into UK law, linked to devolution.

  • Friday, May 11th 2018 - 05:39 UTC

    IMF and White House support Macri's economic reform program

    “I stressed my strong support for Argentina's reforms to date, and expressed the Fund's readiness to continue to assist the government,” Lagarde said

    International Monetary Fund chief Christine Lagarde said on Thursday she is ready to aid Argentina and wants talks on a financing package to be finalized quickly. Lagarde said she instructed the IMF team to continue discussions on a loan program with the goal to “reach a rapid conclusion.”

  • Thursday, May 10th 2018 - 07:37 UTC

    Argentine minister meets IMF Lagarde and US Treasury official: ratifies “gradualism”

    Nicolas Dujovne is due to meet with IMF chief Christine Lagarde to request a financing package

    Argentina Economy Minister Nicolas Dujovne is due to meet on Thursday with IMF chief Christine Lagarde to request a financing package to help shore up the struggling economy, officials said. Dujovne will also meet with a senior US Treasury official in a key step in the talks with the IMF, which are likely to last six weeks, his spokesman said in a statement.

  • Wednesday, May 9th 2018 - 07:32 UTC

    Peso storm: Argentina requests a US$ 30bn precautionary credit from IMF

    “This will allow us to face the new global scenario and avoid a crisis like the ones we have faced before in our history,” President Macri said in a televised address

    Argentina asked the International Monetary Fund for financing to help stem a run from the Peso to the US dollar that is sparking a surge in interest rates and threatening to derail the country's economic recovery. The sum requested is estimated between 25 and 30bn dollars, 500% Argentina's IMF quota and could be disbursed in two forms, a flexible credit line or a precautionary credit line.