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MercoPress, en Español

Montevideo, April 4th 2025 - 09:00 UTC

Investments

  • Wednesday, March 19th 2025 - 20:35 UTC

    Falklands retains S&P Global Ratings A+ with stable outlook; praise for FIG fiscal performance

    MLA Roger Spink “The A+ rating has been achieved on the basis of the many years of political and economic stability found here in the Islands”

    The Falkland Islands Government (FIG) is pleased to announce that S&P Global Ratings have confirmed that the sovereign rating for the Falkland Islands remains at A+ with a stable outlook.

  • Tuesday, March 18th 2025 - 09:05 UTC

    Falklands Patrol Vessel company passes with flying colors emergency training

    Comprising of various training situations, including casualties, fires and floods, the Ship’s Company must respond quickly and correctly under the watchful eye of the assessors.

    The Falkland Islands Patrol Vessel, HMS Forth has been put through its paces during her recent FOST assessment (Fleet Operational Standards and Training). Comprising of various training situations, including casualties, fires and floods, the Ship’s Company must respond quickly and correctly under the watchful eye of the assessors.

  • Monday, March 17th 2025 - 08:56 UTC

    Taiwanese electric buses arrive in Paraguay

    The units will remain Paraguayan Government property but will be leased out to private operators

    Paraguayan authorities took delivery of 20 electric buses donated by Taiwan as part of an initiative to modernize public transportation and promote sustainability. A second batch of 10 more buses is on its way, along with eight chargers to ensure operability, it was also reported in Asunción.

  • Thursday, March 13th 2025 - 08:53 UTC

    Major US airlines cutting back services amid consumer retreat

    Major crashes have diminished people's confidence in air travel, resulting in economic losses

    Delta Air Lines and United Airlines have announced plans to reduce capacity due to overbuilt summer schedules and other challenges. Delta President Glen Hauenstein stated at a JP Morgan investor conference that the airline will scale back its summer capacity, with specifics to be revealed in its March 22 schedule. United Airlines CEO Scott Kirby said that the airline will retire 21 aircraft early, cut capacity in markets with high government traffic, particularly Canadian destinations, and reduce redeye flights. He also noted that these cuts would primarily occur in unprofitable regions where United is not the leading carrier.

  • Tuesday, March 11th 2025 - 10:00 UTC

    Falklands, VSAT Public Consultation Launched

    The proposed changes were recently considered by Executive Council in response to the community petition and Select Committee process that took place last year.

    The Falkland Islands Government (FIG) is seeking views from the public on the proposed changes to the policy that guides the issuing of VSAT licenses and the associated fee level. The proposed changes were recently considered by Executive Council in response to the community petition and Select Committee process that took place last year.

  • Saturday, March 8th 2025 - 10:36 UTC

    Car-making blooming in Argentina

    If local governments lowered their taxes, carmaking companies would have fewer costs, thus boosting the industry, Zuppi argued

    Argentina's automotive sector saw significant growth last month, with production reaching 42,419 units, a 41.1% increase from January and 13.1% higher than February 2024, according to a report released Friday by the Association of Automotive Manufacturers (ADEFA). The document also showed that exports rose to 22,496 vehicles, up 102.1% from January but down 4.6% compared to February 2024. In addition, Wholesale sales to dealers also surged, totaling 45,617 units, a 33.8% increase from January and 37.3% higher than the previous year.

  • Wednesday, March 5th 2025 - 09:40 UTC

    Falklands, Executive Council decision on VSAT Select Committee recommendations

    ExCo is minded to approve a revised policy rationale for the issuing of VSAT licenses and setting of fee levels, pending a public consultation to be carried out by FIG

    At an extraordinary meeting of Falkland Islands Executive Council on 28 February, Members discussed a paper on proposals for consideration following the recommendations of the Select Committee in relation to VSAT Licensing.

  • Tuesday, March 4th 2025 - 20:45 UTC

    Preliminary deal reached for sale of Hong Kong company's stake in Panama Canal operations

    CK Hutchison has been operating the Port of Balboa for more than two decades

    Given US President Donald Trump's pressure, CK Hutchison Holdings, a Hong Kong-based conglomerate, agreed to sell control of a unit operating ports near the Panama Canal, it was announced Tuesday. The sale includes an 80% stake in the Hutchison Ports group and a 90% interest in Panama Ports Company, which operates the ports of Balboa and Cristobal. The consortium acquiring these stakes includes BlackRock Inc., Global Infrastructure Partners, and Terminal Investment Ltd.

  • Thursday, February 27th 2025 - 20:37 UTC

    Bolivia launches industrialized iron complex

    The steel from El Mutún could boost Iranian and Russian developments in the country

    Bolivian President Luis Arce inaugurated the El Mutún complex, the South American country's first industrialized iron facility, which can boost other infrastructure developments, particularly those sponsored by Russia and Iran.

  • Wednesday, February 26th 2025 - 10:11 UTC

    US backs modernization of Guatemalan Pacific port to counterbalance China's expansion

    The Guatemalan alternative also offers the nearby Quetzal Duty-Free Zone just four kilometers from the port

    Guatemala and the United States have announced a US$ 125 million initiative to expand Puerto Quetzal, the largest Pacific port in the Central American country, in a move to counterbalance China's presence in the region through its current prevalence in the Panama Canal in addition to the projected Nicaragua interoceanic crossing already under construction.