
Uruguay’s economy expanded by 3.1% in 2024, recovering from a severe drought the previous year, according to national accounts data released by the Central Bank of Uruguay (BCU). However, economists warn that growth in 2025 is likely to return to the country's historical pace of slower expansion.

New data provided by researchers from the University of São Paulo, the Federal University of Minas Gerais, and environmental groups like the Climate Observatory showed that the Ferrogrão railroad, a 933-kilometer project linking Mato Grosso’s grain-producing region to Atlantic ports, could cause significantly greater environmental damage than previously estimated. The study criticizes the government’s feasibility analysis, conducted under former President Jair Bolsonaro, for underestimating deforestation risks and cumulative impacts, especially in the Amazon rainforest and indigenous areas.

The Falkland Islands Government (FIG) has successfully raised £150 million to facilitate investment in the capital program over the coming years, and in particular the replacement Port facility planned for 2027.

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.

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.

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.

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.

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.

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.

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.