Investments

• Wednesday, February 15th 2023 - 10:06 UTC

  EU upgrades Uruguay's status regarding tax cooperation

  

  Uruguay has been recognized as a “cooperating jurisdiction without commitments” by the European Union (EU) after a series of taxation improvements, the South American country's Ministry of Economy and Finance (MEF) confirmed Tuesday.

• Tuesday, February 14th 2023 - 09:50 UTC

  Major power outage hits Cuba

  

  Cuba's Ministry of Energy and Mines confirmed on social media Monday that the power outage that left half the island without electricity was due to “a fire in a sugar cane plantation,” it was reported.

• Wednesday, February 8th 2023 - 19:55 UTC

  British business sizes up global trade wins as Malaysia and Chile join Indo-Pacific bloc

  

  Malaysia and Chile have officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), meaning British businesses will get better access and lower tariffs in the Malaysian and Chilean markets when the UK joins the dynamic trade bloc.

• Friday, February 3rd 2023 - 10:14 UTC

  Uruguay's Ancap to lose US$ 72m during refinery maintenance

  

  Uruguay's state-run oil company Ancap will lose US$ 72 million due to the remodeling of the La Teja Refinery to be carried out between September and December this year, during which time fuel will need to be imported, it was reported in Montevideo.

• Friday, February 3rd 2023 - 10:01 UTC

  Brazilian Navy announces Sau Paulo carrier to be sunk despite environmental protests

  

  The Government of Brazil plans to sink the decommissioned French-built Sao Paulo aircraft carrier in the middle of the Atlantic ocean after the depleted structure has spent months wandering with no port to dock for scrapping due to the presence of toxic materials in the hull, it was reported Thursday.

• Wednesday, February 1st 2023 - 10:07 UTC

  RRS Sir David Attenborough begins its polar science trials in Antarctica

  

  Falklands flagged UK’s new polar ship RRS Sir David Attenborough begins its polar science trials in Antarctica this week. A team of 30 national and international scientists, engineers and technical staff departed the Falkland Islands on Tuesday for almost two months of science capability trials – the first to test the ship’s science capabilities in deep polar waters.

• Saturday, January 28th 2023 - 10:49 UTC

  Scottish MPs disgruntled with decision to have naval support vessels built in Spain

  

  Scottish shipyards need “greater clarity” from the UK Government over where contracts for new naval vessels will be placed in the coming decades, MPs have said.

• Friday, January 27th 2023 - 10:11 UTC

  UK car production falls 40.5% to pre-pandemic levels; electric cars manufacturing boom

  

  The United Kingdom car production fell to its lowest level since 1956 in 2022 as output was hit by global shortages of semiconductor chips, figures show. A total of 775,014 cars were built in 2022, down 9.8% from the 859,575 made during the previous year, the Society of Motor Manufacturers and Traders (SMMT) said.

• Wednesday, January 25th 2023 - 18:55 UTC

  Argentina wants to buy Brazilian armored vehicles

  

  Argentina's Defense Minister Jorge Taiana undertook negotiations earlier this week with Brazil for the purchase of 156 Iveco Guarani 6x6 armored vehicles, it was reported. South America's largest country already has 500 units of the same model.

• Wednesday, January 25th 2023 - 09:30 UTC

  First steel cut on second Type 31 Frigate, HMS Active

  

  Construction is underway on the second Type 31 frigate being built for the Royal Navy. The first steel has been cut on HMS Active at the Babcock shipyard in Fife, by Defense Minister Alex Chalk.