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MercoPress, en Español

Montevideo, January 28th 2026 - 12:13 UTC

Investments

  • Wednesday, April 27th 2016 - 10:51 UTC

    In a strategic decision, Australia opts for French submarines, sinks Japanese bid

    “The recommendation was unequivocal, the French offer represented the capabilities best able to meet Australia's unique needs,” Turnbull told reporters

    France has beaten Japan and Germany to win a US$ 43 billion deal to build a fleet of 12 submarines for Australia, one of the world's most lucrative defense contracts, Australian Prime Minister Malcolm Turnbull announced on Tuesday.

  • Wednesday, April 20th 2016 - 06:58 UTC

    Argentina makes emerging-market record US$ 16.5b debt sale and ends litigation with bondholders

    “We are resolving three issues at the same time: the 2001 default, the default of the previous government and we are returning to the market” said Minister Prat Gay

    Argentina announced on Tuesday the largest emerging market debt sale on record with a global offering of 16.5bn dollars at an average interest rate of 7.14%, well below what it had planned in March in the midst of negotiations to end litigations with holdout funds opening the way, after fifteen years, for the return to world money markets. Underwriters received 68.5bn dollars in orders for bonds, more than four times the value of the debt.

  • Tuesday, April 19th 2016 - 22:42 UTC

    First commercial airliner lands in St Helena: new chapter of opportunities for the BOT island in mid Atlantic

    British Airways Boeing 737-800 prepares to touch down at St Helena’s airport. It is the actual Boeing aircraft which will serve the St Helena/Johannesburg route.

    The British Overseas Territory St Helena in mid Atlantic made history on Monday as the first large passenger jet aircraft, a Boeing 737-800 (ZS-ZWG), touched down at St Helena’s new Airport shortly after 12.00 noon. This is the actual Boeing aircraft which will serve the St Helena/Johannesburg rout, according to a release from the local government.

  • Monday, April 18th 2016 - 09:46 UTC

    Mercosur/EU trade deal is “no bed of roses” and “we're just beginning”

    “We'll only reach an agreement if we start to discuss it. We're not going to get closer unless we display proposals. It's a give and take game”, said Malcorra

    Despite growing optimism among Mercosur member countries of reaching a trade agreement with the European Union, Argentine minister of foreign affairs Susana Malcorra has cautioned that the road ahead is not “a bed of roses”, and the coming exchange of goods and tariff reduction proposals “will not satisfy any of the two sides”, but that is where “serious discussions begin”.

  • Saturday, April 16th 2016 - 09:44 UTC

    A view of the Falkland Islands by the British Consul in Uruguay

    Katharine Felton next to the Stanley Welcome signpost (Pic FB)

    Katharine Felton writes the highlights of her one week experience in the archipelago. - Last week I visited the Falkland Islands for the first time - to learn more about the Islands and look at how their links with Uruguay, and vice versa, can be strengthened.

  • Wednesday, April 13th 2016 - 05:03 UTC

    Ecuador signs US$ 1 billion investment deals to boost oil production in existing fields

    Petroamazonas signed a contract with Pañaturi consortium, made up of China’s Sinopec International and Sinopec Service Ecuador

    Ecuadorian state-owned energy firm Petroamazonas EP, which is looking to boost production at nine of its existing oil fields and on Monday signed a series of investment deals amounting to US$ 1 billion for those areas, enlisting the help of both domestic and foreign companies.

  • Monday, April 11th 2016 - 05:46 UTC

    Argentina ready to formally join the IMF fold; Prat-Gay to meet Lagarde this week

    Prat-Gay will attend the IMF-World Bank summit in Washington DC and is expected to discuss the issue with IMF head Christine Lagarde.

    Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.

  • Thursday, April 7th 2016 - 09:20 UTC

    MSC Cruises orders four more ships from French shipyard STX in 3.6bn Euro deal

    The companies signed a letter of intent at Elysee palace, reflecting the importance placed on the investment for President Francois Hollande employment policy

    French shipyard STX has secured an order for up to four more ships from MSC Cruises, in a 3.6 billion-Euro (US$4.1 billion) deal announced on Wednesday. MSC Cruises, part of privately owned shipping group MSC, has in recent years been the main customer for STX France, which is based at the Atlantic port of Saint-Nazaire.

  • Thursday, April 7th 2016 - 08:49 UTC

    Britain's choice: economic security with the EU, or a leap into the dark

    Leaving the single market would also hit our service industries hard – and this is where our economy faces the biggest risk.

    By PM David Cameron - Prime Minister David Cameron wrote an article on the UK's economic security within the EU for The Telegraph. Imagine a world where a British airline wasn’t allowed to fly between Rome and Paris; where British farmers were slapped with a tariff if they wanted to export more beef to Europe; and where great British telecoms companies and car manufacturers faced new barriers when trying to sell their goods and services to customers in Europe.

  • Monday, April 4th 2016 - 04:12 UTC

    Petrobras launches voluntary layoff program to cut 12.000 jobs

    Investors have long criticized Petrobras for over hiring and struggling to cut some of the 57,000 people it directly employs when things get tough.

    Brazil's embattled oil company Petrobras said it will launch a voluntary layoff program to cut an estimated 12,000 jobs in a bid to save up to 33 billion reais ($9.20 billion) by 2020. The program will cost 4.4 billion reais and is open to all employees, according to a statement from Petrobras, which has been hard hit by low oil prices, refinery project problems and a massive price-fixing, bribery and political kickback scandal.