Investments

Tuesday, January 10th 2023 - 10:12 UTC
John Deere and US farmers agree on MOU to allow customers the right to fix their own equipment

The American Farm Bureau Federation (AFBF) and John Deere & Co. signed a memorandum of understanding (MOU) on Sunday, putting an end to a long litigation. The tractor factory has agreed to give its US customers the right to fix their own equipment. Previously, farmers were only allowed to use authorized parts and service facilities rather than cheaper independent repair options.
Friday, January 6th 2023 - 09:51 UTC
Shortages forecast in Argentina due to restrictions on input imports

Argentina's Chamber of Chemical Products warned that due to the restrictions on imports, some critical inputs have been arriving in the country in smaller quantities, which might result in shortages of medicines, soft drinks, and shampoo, among other items.
Wednesday, January 4th 2023 - 21:15 UTC
Japan takes a turn toward the Americas in 2023

Japanese Prime Minister Fumio Kishida is to meet with US President Joseph Biden on Jan. 13 at the White House, while Foreign Minister Yoshimasa Hayashi has left on a South American tour seeking to strengthen ties with Mexico, Ecuador, Brazil, and Argentina.
Monday, January 2nd 2023 - 23:59 UTC
US favors supplying Argentina with vintage F16s to counter Chinese influence and despite UK's objection

A leading US Navy think tank feels it is imperative for the US to pay close attention to the South Atlantic given China's growing trade, financial, investment influence in countries such as Argentina, and suggests a joint security cooperation investment with the UK, but especially overcoming an “outdated United Kingdom post-Falklands War security policy”
Friday, December 30th 2022 - 09:36 UTC
YPF to build lithium batteries in Catamarca

Argentina's state-run Y-TEC YPF plans to install a lithium battery manufacturing plant in the province of Catamarca, according to a deal signed this week between Governor Raúl Jalil and YPF's President Pablo González, it was announced. Also signing the document was Y-TEC (YPF's technological institute) Chief Roberto Salvarezza.
Thursday, December 29th 2022 - 10:09 UTC
Uruguayan gov't wants to create national space agency

The government of President Luis Lacalle Pou has drafted a bill to create the Uruguayan Space Agency, which would function as a decentralized agency under the competence of the head of state, it was reported in Montevideo.
Thursday, December 29th 2022 - 10:07 UTC
Chilean timber company leaves highly volatile Argentina

Chilean timber company Masisa Wednesday announced it had liquidated all its assets in Argentina to abandon all its operations in the highly volatile neighboring country.
Monday, December 26th 2022 - 09:01 UTC
Chile launches the first icebreaker made in South America

The first icebreaker built in Latin America, Almirante Oscar Viel, was launched last week from the state-run naval ASMAR shipyard in Talcahuano, Chile after five years of construction
Saturday, December 24th 2022 - 10:21 UTC
Brazil to develop “VTOL” electric aircraft

Brazil's state-owned National Bank for Economic and Social Development (BNDES) has allocated R$ 490 million (about US$ 95 million) to Eve Soluções de Mobilidade Aérea Urbana Ltda., a subsidiary of aircraft manufacturer Embraer, for the development of electric units with Vertical Take Off and Landing (eVTOL) capabilities.
Thursday, December 22nd 2022 - 10:09 UTC
Quito opens first subway line in a peculiar way

Ecuadorian authorities Wednesday celebrated the opening of Quito's first subway line, which will for now not be operational. In other words, trains will not be running until a later date, but the stations are open for people to get used to the new system. “Static induction,” they call it.