Investments

Saturday, September 2nd 2023 - 10:05 UTC
Uruguayan exports suffer 17% YoY drop

According to a study by consultants Uruguay XXI released Friday in Montevideo, exports from the South American country -duty-free zones included- totaled US$ 1.027 billion in August, which represented a 17% year-on-year drop.
Saturday, September 2nd 2023 - 10:00 UTC
Bidding for new bridge between Uruguay and Brazil to be launched in October

Uruguayan authorities Friday announced the opening for biddings toward the construction of a bridge across the Yaguarón River onto Brazil will commence in October, while the existing Baron of Mauá bridge, built in 1930 linking Rio Branco and Jaguarão will also be remodeled.
Saturday, September 2nd 2023 - 10:00 UTC
UN reports nearly 2,500 people killed in Haiti this year

Around 2,500 people have died in Haiti this year while 1,000 have been injured and nearly 970 have been kidnapped, according to a statement from the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) released this week.
Wednesday, August 30th 2023 - 08:02 UTC
Brazil closely monitoring evolution of Chinese economy: real estate sector linked to iron ore exports

Brazil is keeping close track of events and performance of the Chinese economy, particularly those areas that might have an impact on the exports of the leading and largest South American economy.
Monday, August 28th 2023 - 10:14 UTC
Falklands Argos Resources negotiating its North Falkland Basin production license with Canadian company

Falkland Islands oil and gas exploration Argos Resources Ltd has announced changes in its board of directors, until a general meeting of shareholders is announced, and the executive directors finalize the sale of its PL001 production license interests in the North Falkland Basin to JHI Associates. The Argos sold asset is expected to be a shareholding in JHI.
Sunday, August 27th 2023 - 08:41 UTC
Lula wants Brazil to strengthen its presence in Africa

Brazilian President Luiz Inácio Lula da Silva said Saturday that the South American country wants to open a consulate general in Luanda, the capital of Angola, Agência Brasil reported.
Sunday, August 27th 2023 - 00:37 UTC
Brighter future ahead for businesses in Latin America

According to a study by the Fundação Getúlio Vargas (FGV) released Thursday, businesses in Latin America are up to their best level in two years after hitting unusual lows from the third quarter of 2022 through the second quarter of 2023.
Saturday, August 26th 2023 - 19:03 UTC
China insists in taking over Rio Grande port in Patagonia as established in a MoU with Tierra del Fuego

One of Buenos Aires' main dailies, La Nacion, is reporting that China will not back down from its port plan in Patagonia, as promised by the regional and national governments. In early June, Argentine Governor of Tierra del Fuego Gustavo Melella revived an old controversy concerning a deal with a Chinese company to build a multipurpose port in Rio Grande
Tuesday, August 22nd 2023 - 07:20 UTC
WindWings: cargo vessel travelling to Brazil fitted with giant sails

A cargo ship fitted with giant, rigid British-designed sails has set out on its maiden voyage. Shipping firm Cargill, which has chartered the vessel, hopes the technology will help the industry chart a course toward a greener future.
Monday, August 21st 2023 - 09:58 UTC
Brazilian entrepreneurs seek opportunities through BRICS

Some 30 industrialists from South America's largest country are attending this week's Cebric's Encounter, a gathering of businesspeople parallel to the BRICS (Brazil, Russia, India, China, and South Africa) Summit in Johannesburg until Wednesday, Agência Brasil reported.