Investments

Friday, April 4th 2014 - 07:53 UTC
Latam leaders discuss improving education and skills to help diversity economy

Political, business and academic leaders gathered for the ninth annual World Economic Forum in Latin America in Panama set out strategies for the region to move beyond dependence on commodity exports and face the challenges of a rapidly changing global economy.
Friday, April 4th 2014 - 04:35 UTC
Uruguayan government feels it can tame inflation based on March's index

Inflation in Uruguay during March reached 0.58% accumulating 4.74% in the first quarter and 9.73% in the last twelve months, which is seen as 'positive' and an indication that recent measures to contain prices are 'being successful', according to Economy minister Mario Bergara.
Thursday, April 3rd 2014 - 07:25 UTC
Argentina's YPF sells one billion dollars in 10-year bonds at 8.75% rate

Argentina’s nationalized oil and gas producer, YPF, sold 1 billion dollars in a bond sale on Tuesday, the company said in a statement. The 10-year bonds will pay 8.75% interest and were five times oversubscribed, YPF said. The U.S. dollar-denominated securities were issued under Argentine law and was considered a great success by the company.
Saturday, March 29th 2014 - 06:25 UTC
Falklands receives US oil company temporary dock facility for exploration operations

Houston based oil company Noble Energy expects to inject 4 million dollars into Falklands businesses with the construction of the temporary dock facility which arrived in the Islands this week, Senior Vice President Susan Cunningham told those attending a presentation in Stanley on Monday evening.
Friday, March 28th 2014 - 08:01 UTC
Cuba ready to implement an ambitious foreign investment with generous tax breaks

Cuba's government has released further information on a proposed foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract capital into the communist economy.
Saturday, March 22nd 2014 - 12:42 UTC
Falklands' operational campaign to be informed by US oil industry leader

The highest paid woman on a list of 500 Houston oil executives (2009) will be in the Falkland Islands next week with Noble Energy. She is scheduled to hold meetings with the local business community and members of the public for an operational update on Noble's Falklands' campaign.
Friday, March 14th 2014 - 09:00 UTC
Farm land sales in Uruguay last year totaled a record 1.3bn dollars

Farm land sales in Uruguay totaled a record 1.3bn dollars in 2013, involving 1.868 operations and 370.927 hectares, which is 10% more than in 2012, according to the Ministry of Agriculture, Livestock and Food ministry's Stats Office, DIEA. Uruguay's farmland covers approximately 17 million hectares and the most dynamic buyers are the pensions funds, says the report.
Thursday, March 13th 2014 - 11:26 UTC
Promising report on Argentine mining sector and contribution to the economy

The Argentine mining sector is expected to invest 3.85 billion dollars this year, including 800 million as imports' substitutes, announced Planning minister Julio de Vido, who also revealed that in the last ten years the sector has invested over 11bn dollars and generates an activity equivalent to 3.2% of GDP.
Thursday, March 13th 2014 - 05:52 UTC
Falklands, trade, Mercosur/EU, oil and gas, in Swire's agenda in Uruguay

Bilateral trade, Mercosur/EU talks, oil and gas cooperation, and Falkland Islands, plus some audacious comments on the coming World Cup match Uruguay/England, were some of the issues addressed by Foreign Office minister for Latin-American Hugo Swire during his one day visit to Uruguay on Wednesday.
Tuesday, March 11th 2014 - 18:48 UTC
Shale, the last oil and gas train: Interview with Arthur Berman

How much faith can we put in our ability to decipher all the numbers out there telling us the US is closing in on its cornering of the global oil market?