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Montevideo, November 3rd 2025 - 21:29 UTC

Investments

  • Saturday, July 1st 2023 - 10:49 UTC

    Mercosur members challenge Argentina toll fee on Parana/Paraguay waterway

    The Parana/Paraguay with its barges is crucial for the foreign trade of landlocked countries such as Paraguay and Bolivia

    Delegations from Paraguay, Bolivia, Brazil, and Uruguay recently convened a meeting to challenge Argentina’s imposition of a toll fee on the Paraná-Paraguay Waterway. The neighboring countries argued that the evidence presented by Argentina did not provide enough services to justify the charge.

  • Friday, June 30th 2023 - 10:32 UTC

    Bolivia signs lithium production deals with Russian, Chinese companies

    Arce also underlined that Bolivia continues to be the country with the largest certified lithium reserves on the planet

    Bolivia's state-owned company Yacimientos de Litio Bolivianos (YLB) Thursday signed two separate agreements whereby Chinese and Russian companies will invest over US$1.4 billion to build two industrial complexes for the production of lithium carbonate, it was reported in La Paz.

  • Friday, June 30th 2023 - 08:01 UTC

    Falklands Government acquires Stanley Growers provider of 90% of fresh vegetables and fruit

    Some of the valuable producing land of Stanley Growers. (Pic Stanley Nurseries & Garden Centre)

    Last 21 June it was announced that the Falkland Islands Government (FIG) would be acquiring Stanley Growers Limited and Stanley Nurseries and Garden Centre and the land which both businesses occupy, with the intention of managing the business for a time before selling it.

  • Thursday, June 29th 2023 - 15:45 UTC

    World Bank approves $150 million loan to boost green hydrogen investment in Chile

    This collaboration aims to expedite hydrogen deployment in emerging markets and developing countries

    In a significant move towards promoting sustainable energy solutions, the World Bank Board of Directors has approved a loan of $150 million to support green hydrogen projects in Chile. This loan marks the World Bank's first endeavor in promoting green hydrogen and aligns with Chile's commitment to achieving carbon neutrality by 2050. The investment aims to accelerate the country's green growth, energy transition, and foster a resilient and inclusive economic development.

  • Friday, June 23rd 2023 - 11:10 UTC

    Microsoft AI lab inaugurated in Uruguay

    It is the fourth such facility worldwide

    Uruguayan President Luis Lacalle Pou Wednesday declared inaugurated Microsoft's first Artificial Intelligence laboratory in Latin America and the fourth in the world. The installations are at the Technological Laboratory of Uruguay (LATU).

  • Thursday, June 22nd 2023 - 13:56 UTC

    Falklands government negotiating the acquisition of Stanley Growers

    Current managers of Stanley Growers, Tim and Jan Miller said: “We need to begin stepping back, whilst ensuring staff and customers see no change to their day to day interactions with the business.”

    The Falkland Islands Government (FIG) is currently in final negotiations with the Directors of Stanley Growers Limited and Stanley Nurseries and Garden Centre to acquire both businesses and the leases of the land on which they sit.

  • Wednesday, June 21st 2023 - 10:34 UTC

    Buquebús ship banned from active service

    Buquebús' Eladia Isabel was found to be in a distressing condition, despite not being operational

    Argentina's Customs General Directorate Tuesday banned Buquebús' Eladia Isabel from River Plate shuttle services to Uruguay due to its “poor condition,” it was reported in Buenos Aires. The vessel's sailing certifications were also found to have expired.

  • Wednesday, June 21st 2023 - 04:35 UTC

    Brazil sells 11 Embraer E-175 to Alaska Airlines and partially finances the operation

    Brazil's Development Bank (BNDES) is financing R$1.3 billion for the export of eleven Embraer E-175 commercial jets to Alaska Airlines, US fifth largest airline

    The Brazilian Development Bank (BNDES) has granted financing of R$1.3 billion for the export of eleven Embraer E-175 commercial jets to Alaska Airlines, the fifth largest airline in the USA. The funding will cover a portion of Alaska’s investment in the aircraft purchase. Disbursements will be made in Brazilian Reais in Brazil, directly to Embraer.

  • Tuesday, June 20th 2023 - 10:58 UTC

    Falklands, Expanded eligibility for the Family Allowance

    Last Tuesday 30 May the Falkland Islands ExCo approved an amendment to the Family Allowances Ordinance. This means that from 1 July 2023 families who have been ordinarily resident in the Falkland Islands for at least three years will now be eligible for Family Allowance. This is in addition to those with Permanent Residence Permits (PRP) or Falkland Islands Status, who are already eligible.

  • Monday, June 19th 2023 - 10:00 UTC

    Italy blocks Chinese company from taking control of tyre giant Pirelli

    Beijing-controlled chemical giant Sinochem is Pirelli's biggest shareholder, with a 37% stake in the 151-year-old Milan-based firm.

    Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy's government to protect businesses considered strategically important, and as such Pirelli's independence.