Investments

Thursday, November 3rd 2022 - 20:37 UTC
Argentina's timber industry risks closure due to lack of foreign inputs

The Argentine Chamber of the Wood Industry (CAIMA) has warned that local producers may soon be forced to halt all activity due to the lack of imported inputs stemming from the restrictions imposed by President Alberto Fernández's administration on purchases abroad.
Wednesday, November 2nd 2022 - 10:03 UTC
Uruguayan exports fall for the 2nd month in a row

Uruguayan exports in the month of October 2022 totaled US$ 842 million, which represented a 6% year-on-year drop, it was reported Tuesday in Montevideo.
Wednesday, November 2nd 2022 - 09:17 UTC
Bank of England begins QE “tightening”; first successful sale of £750 million bonds

The Bank of England sold on Tuesday £750 million worth of UK government bonds from its quantitative easing stockpile. It was the first Western central bank to do so and received a solid demand from investors at its first auction to sell government bonds from its £838 billion pound quantitative easing portfolio.
Saturday, October 29th 2022 - 10:36 UTC
A mind blowing donation to the Falklands Museum and a remarkable letter from 1914

Friends of Falkland Islands Museum and Archives (FIMA) have donated £225,000 to the museum in recent months, to go towards the costs of building the new Lookout Gallery.
Friday, October 28th 2022 - 09:41 UTC
Musk finally takes over Twitter and sacks many top executives

South African entrepreneur Elon Musk Thursday agreed to buy Twitter for US$ 44 billion and sacked many top executives as his first move proving he was in charge of the social media platform.
Thursday, October 27th 2022 - 19:33 UTC
Zuckerberg loses millions as Meta's stock plummets

Meta's stock fell 23% Thursday after the third quarter's results were released. The data showed the Reality Labs division (which encompasses its VR, XR, and Metaverse) posted US$ 3.7 billion in operating losses.
Thursday, October 27th 2022 - 10:10 UTC
Colombia, Mexico, Trinidad Tobago, Uruguay teams, winners of IDB Development Initiative

The Inter-American Development Bank (IDB) announced the four winners of the fifth Superheroes of Development contest, which rewards creative and innovative solutions used in development projects financed by the IDB, IDB Invest and IDB Lab (IDB Group) in Latin America and the Caribbean.
Thursday, October 27th 2022 - 09:50 UTC
Car production halted in Argentine plant due to lack of imported parts

Carmakers Fiat had to halt production Wednesday at its plant in the Argentine province of Córdoba due to the lack of imported inputs, the Stellantis group explained.
Tuesday, October 25th 2022 - 09:25 UTC
Argentine President welcomes Chinese investors

Argentine President Alberto Fernández Monday met at Casa Rosada with China Railway International Group (CRIG) President Bi Yanchun to discuss future investments in infrastructure, energy, and technology projects.
Monday, October 24th 2022 - 10:02 UTC
Argentine Army delivered first modernized tank turret

Argentina's Army has taken delivery of the first turret manufactured by the Mendoza-based IMPSA company for the modernization of the Argentine Medium Tank (TAM) 2C.