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MercoPress, en Español

Montevideo, May 22nd 2025 - 03:56 UTC

Investments

  • Sunday, December 24th 2023 - 15:04 UTC

    Interoceanic train launched in Mexico

    The Panama Canal “is already saturated,” AMLO said

    Mexican President Andrés Manuel López Obrador (AMLO) on Friday inaugurated the new interoceanic railroad through the Isthmus of Tehuantepec, which will cross from the Atlantic to the Pacific and vice versa, and somehow compete with the 80-kilometer Panama Canal, which takes 8 to 10 hours to cross.

  • Saturday, December 16th 2023 - 10:49 UTC

    Argentine company wants to launch satellites from Uruguay

    Aventura is a nano launch vehicle under development by Tlon Space

    The Argentine company Tlon Space S.A. has been reported to be involved in Uruguay's plans to build an aerospace launch platform on the coast of Rocha to send small satellites into space to collect images.

  • Saturday, December 9th 2023 - 10:37 UTC

    Uruguayan Navy delegation off to South Korea to bring home patrol boat

    Only 52 Chamsuri class boats remain active worldwide to this day

    A 7-member team of the Uruguayan Navy has been dispatched to South Korea to take delivery of a Chamsuri-class patrol boat donated to the South American country, it was reported in Montevideo. The unit is due in the River Plate by early 2024, aboard a specialized transport vessel, it was explained.

  • Thursday, December 7th 2023 - 05:07 UTC

    Improved TV channel service for Falklands audience

    Starting Monday 11 December, the BFBS Extra channel will be replaced with ‘Channel 5’ on all Falklands services for the civilian audience

    The British Forces Broadcasting Service and the Falkland Islands Government would like to inform the public that from Monday 11 December 2023 they will be replacing the BFBS Extra channel with ‘Channel 5’ on all Falklands services for the civilian audience. This new addition of Channel 5 offers a diverse range of programming.

  • Wednesday, December 6th 2023 - 10:28 UTC

    Delivery of Orions to Argentina delayed over unpaid bills

    The new units are to be stationed at the Naval Base in Trelew

    The delivery of the first of the four second-hand Lockheed P-3 Orion aircraft purchased from Norway for the Argentine Navy has been reported to be behind schedule as the first payment was not made in time according to the Oct. 17 arrangement. In this scenario, Norwegian authorities have made it clear that the units were not to be released.

  • Tuesday, November 28th 2023 - 10:20 UTC

    Mercosur and UAE to begin trade negotiations in the first half of next year

    Ana Claudia Takatsu, director of the International Negotiations department of the Brazilian Foreign Trade Secretariat, revealed UAE's interest in a comprehensive trade agreement with Mercosur members

    Brazil currently the chair of Mercosur has opened a consultation period until December 18 on a possible trade agreement between the South American block and the United Arab Emirates. The idea is to reach and listen to the private sector, scholars, civil society, academics and other interested parties.

  • Thursday, November 23rd 2023 - 14:12 UTC

    UK Export Finance support for Brazil's Embraer

    On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year. (Pic Fabrizio Berni)

    Brazil's giant aircraft industry Embraer announced the closing of a Framework Agreement for a credit operation aimed at helping its customers purchase aircraft and air industry supplies with support from UK Export Finance (UKEF). UKEF is a British government agency focused on financing local exports, which will be the credit guarantor for future financial transactions.

  • Thursday, November 23rd 2023 - 08:31 UTC

    Uruguay, China deepen bilateral ties

    Xi and Lacalle met for over two hours in Beijing

    President Luis Lacalle Pou of Uruguay and Xi Jinping of China Wednesday announced after meeting in Beijing that new steps toward a bilateral free trade deal had been agreed upon.

  • Friday, November 3rd 2023 - 08:59 UTC

    Paraguay just one notch short of Fitch's investment grade

    Inflation has fallen dramatically this year in Paraguay, Fitch also noted

    Paraguay was given a BB+ rating in Fitch's latest report, which is one step away from investment grade. Although in Asunción the South American country's Economy Ministry highlighted the achievement, the agency also warned about challenges in terms of credibility.

  • Wednesday, November 1st 2023 - 08:50 UTC

    Chile planning a fiber link directly with Antarctica

    Chilean Antarctica base and airport, President Eduardo Frei Montalva

    Chile is planning an undersea fiber cable linking the country with Antarctica and several bases in the southernmost continent. With this purpose, Chile signed an agreement with Latin America's Development Bank, CAF to begin feasibility studies