Uruguay's state-owned water company, OSE, has secured a US$130 million loan from the CAF-Development Bank of Latin America and the Caribbean to finance the construction of the Casupá dam, a strategic project to guarantee the supply of drinking water for Montevideo's metropolitan area until 2045.
Royal Caribbean International has recently marked a milestone in the cruise industry, the world’s newest and largest cruise ship, Legend of the Seas, has officially touched the water for the first time.
The Falkland Islands Government (FIG) has launched ThinkFalklands.com, a new online platform designed to encourage professionals and families to relocate to the South Atlantic territory. The initiative highlights career opportunities, community life, and natural beauty while offering practical guidance on visas, jobs, and living conditions.
Argentine President Javier Milei traveled to Los Angeles on Thursday to attract investment and strengthen ties with key US sectors. He was joined by Economy Minister Luis Toto Caputo and Buenos Aires' Ambassador to Washington Alejandro Oxenford.
FIH Group plc, with businesses in the Falkland Islands and UK, has announced that as part of a review of the Group's financing structure, it has exchanged contracts for the sale and leaseback of the 100,000 sq ft warehousing facilities in Leyton used by Momart, its art handling and storage business, with HEPP Mid Box Limited, a subsidiary of Hines, the global real estate manager, for a cash consideration of £22.65 million.
Moore Dixon, the Isle of Man-based accounting and advisory firm and a member of the Moore Global Network, has announced the opening of a new office in the Falkland Islands and the appointment of Tracey Prior FCA as its International Head of Office.
Telecommunications multinational Verizon's decision to shift its Uruguayan operations to Chile has resulted in the layoff of 265 workers hired by Alorica, a third-party provider handling customer services for the US giant from a free trade zone in Montevideo.
Brazilian President Luiz Inácio Lula da Silva announced this week the creation of a sports university. He made those remarks while welcoming at the Planalto Palace a delegation of rhythmic gymnasts who won two medals at the world championships in Rio de Janeiro earlier this month.
Britain's defenses are getting a boost. The UK Ministry of Defense (MoD) announced that it is investing £118 million (US$158 million) in the purchase of six new Land Ceptor anti-aircraft missile systems, doubling the number of deployable Sky Sabre systems operated by Britain's armed forces.
Uruguay's Ministry of Economy and Finance (MEF) has announced a new set of measures to prioritize and streamline investment to boost growth by making things easier for both national and foreign investors. There is a political idea of what we want to do, Minister Gabriel Oddone explained.