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MercoPress, en Español

Montevideo, November 1st 2026 - 06:01 UTC

Investments

  • Thursday, May 1st 2025 - 06:32 UTC

    Forex in South America: Growing Trend or Calculated Risk?

    Photo: Unsplash

    Latin America (South America) is experiencing unprecedented growth in forex trading. Is it a growing trend or a calculated risk? The numbers are saying it's an exciting and growing trend, but it's essential to understand the risk. Countries like Brazil, Mexico, Chile, Peru, and others are leading the drive for the growth of the market, with a notable increase in 2024.

  • Wednesday, April 30th 2025 - 10:53 UTC

    French company suggests building suburban train lines in Montevideo

    In addition to shortening travel times, the company highlighted comfort and security benefits

    The French consortium Setec conducted a feasibility study for a passenger train connecting Montevideo and Florida, Uruguay, with service potentially starting in 2030. The study, submitted to the Uruguayan government, proposes two lines—Montevideo to 25 de Agosto and Montevideo to Progreso—using the Central Railway infrastructure with relatively low investment.

  • Monday, April 28th 2025 - 10:48 UTC

    Paraguayan experts visit Brazilian floating solar power plant to apply that technology to Itaipú

    The Itaipu project incorporated advanced French-patented flotation technology and improved access walkways

    Paraguayan technicians from Itaipu's Renewable Energy Consultancy visited a 7-megawatt floating solar power plant at the Billings dam reservoir in São Paulo, Brazil, the largest of its kind in Latin America, spanning 5 hectares to learn about flotation and anchoring systems, as part of the preparations for a similar project, albeit smaller, undertaking at Itaipú.

  • Friday, April 25th 2025 - 10:35 UTC

    Uruguay halts Neptuno water supply project for 90 days

    Orsi's government wants to review the terms of the contract signed by the previous administration

    The Uruguayan Government of President Yamandú Orsi and the Aguas de Montevideo consortium signed an agreement Thursday to suspend the Neptuno Project contract for 90 days. This temporary halt pauses the construction of the Arazatí water treatment plant to renegotiate terms established under the previous administration. A Torre Ejecutiva working group will review the contract to ensure a sustainable drinking water supply and institutional transparency.

  • Thursday, April 24th 2025 - 10:43 UTC

    Montevideo's Carrasco Airport to reach top international standards

    Carrasco will be closed between August and September to update its ILS systems

    Montevideo's Carrasco Airport's international status will be upgraded to a Category III B Instrument Landing System (ILS) after an investment of more than US$ 20 million. The improvement will enable safer and more efficient operations in adverse weather conditions. Work has already begun on the alternate runway and will be extended to the main runway in June.

  • Monday, April 21st 2025 - 10:27 UTC

    Boeing aircraft bound for Chinese carrier returned to manufacturer

    Boeing aircraft bound for Chinese carrier returned to manufacturer

    A brand-new Boeing 737 MAX intended for China's Xiamen Airlines was returned to the aircraft manufacturer due to escalating trade tensions driven by US President Donald Trump's tariff war. Trump raised tariffs on Chinese imports to 145%, prompting China to impose 125% tariffs on U.S. goods, making delivery of these aircraft financially unviable for Chinese airlines.

  • Monday, April 21st 2025 - 09:40 UTC

    Brazil resumes export insurance scheme

    The government is acting to ensure that companies are better able to export more, Alckmin said

    Brazil's Ministry of Development, Industry, Foreign Trade and Services (MDIC) has resumed the post-shipment export credit insurance (SCE) mechanism, which had been discontinued in 2019.

  • Monday, April 14th 2025 - 09:55 UTC

    Telefónica del Perú leaves the country amid bankruptcy proceedings

    The sale follows Telefónica's divestments in Argentina and Colombia

    Telefónica has sold its Peruvian subsidiary, Telefónica del Perú, to Argentine company Integra Tec International for approximately US$ 992,000, marking its exit from the Andean country after three decades. The sale, part of Telefónica's strategy to reduce Latin American exposure, follows divestments in Argentina and Colombia.

  • Saturday, April 12th 2025 - 10:45 UTC

    Bolivia's YPFB seeks partner for promising gas field

    President Arce pointed out that the discovery supports the decision to explore historically neglected areas

    The State-run Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is advancing efforts to find an international partner to develop the Mayaya Centro gas field in La Paz, which has been deemed one of 2024’s top ten global discoveries in the sector.

  • Wednesday, April 9th 2025 - 08:18 UTC

    Falklands, the VSAT Public Consultation Period Extended by a month

    FIG has agreed to a request for an extension to the current public consultation to ensure that the consultation process is as complete and inclusive as possible.

    The Falkland Islands Government has announced that the public consultation period on the proposed changes to the policy that guides the issuing of VSAT licenses and the associated fee level has been extended by a month.