Investments

• Wednesday, March 22nd 2023 - 10:21 UTC

  Montevideo hosts Mercociudades convention

  

  Montevideo Mayor Carolina Cosse Tuesday welcomed dignitaries from over 20 cities from Mercosur and also from Chile for the first Mercociudades meeting of the year which the Uruguayan capital is hosting.

• Wednesday, March 22nd 2023 - 10:05 UTC

  BAS: A six coins series of Antarctic glaciers named after solar system planets

  

  Pobjoy Mint has announced a brand-new 2023 two-pound coin series issued on behalf of the British Antarctic Territory. The six-coin series will feature the Antarctic glaciers named after planets of the solar system starting with the Mars Glacier.

• Friday, March 17th 2023 - 00:44 UTC

  With the collapse of Credit Suisse, oil prices continue to slide, 10% in a week

  

  Oil prices continued their slide on Wednesday after another banking fallout unsteadied the market further. WTI plunged 4.21% on Wednesday, falling below US$ 70 for the first time since December 2021 to US$ 68.33 per barrel ET. Brent Crude fell over 3.94% to US$ 74.40, for a loss of US$ 3.05 per barrel.

• Thursday, March 16th 2023 - 07:40 UTC

  Uruguayan President not optimistic about Mercosur-EU deal

  

  Uruguayan President Luis Lacalle Pou Wednesday said he was not very optimistic about the future of the trade deal between Mercosur and the European Union and that his lack of hope stemmed from both ends of the Atlantic, not just Brussels.

• Tuesday, March 14th 2023 - 09:43 UTC

  Australia to purchase US nuclear submarines as AUKUS grows stronger

  

  Prime Ministers Anthony Albanese of Australia and Rishi Sunak of the United Kingdom joined US President Joseph Biden Monday at a San Diego naval base to discuss the terms under which the South Pacific Island will purchase nuclear-powered submarines as part of the AUKUS defense strategy to neutralize China's expansion in the region.

• Saturday, March 11th 2023 - 11:56 UTC

  Argentine Province of Buenos Aires, Defense Ministry sign cooperation deal

  

  Buenos Aires Governor Axel Kicillof and Defense Minister Jorge Taiana signed an agreement for the shipyards Tandanor and Río Santiago to develop a multipurpose landing ship, a polar ship, and a floating dock for the Argentine Navy.

• Thursday, March 9th 2023 - 10:55 UTC

  Uruguay, Brazil agree on joint infrastructure works

  

  Brazilian and Uruguayan officials have reached an understanding whereby the Rivera airport will become binational, a waterway will be developed, and a new bridge will be built over the Yaguarón river, it was announced after Tuesday's encounter in Brasilia featuring Foreign Ministers Francisco Bustillo and Mauro Viera, among other dignitaries.

• Thursday, March 9th 2023 - 10:22 UTC

  Uruguay going through largest cruise season ever and wants more

  

  Uruguay's Deputy Tourism Minister Remo Monzeglio said this week that the South American country was going through the most active cruise season in the past 8 years, with 160 ships arrived so far (116 in Montevideo, 44 in Punta del Este and 44 others yet to reach its shores.

• Wednesday, March 8th 2023 - 10:11 UTC

  Aerolíneas Argentines to resume Carrasco-Ezeiza route

  

  Aerolíneas Argentinas will resume its direct route between Buenos Aires' largest international air terminal (Ezeiza) and Montevideo's Carrasco, which will serve as a feeder for Uruguayan travelers to board transatlantic flights to Madrid or Rome or other domestic and regional services to destinations such as New York, Cancun, Punta Cana, or Havana.

• Wednesday, March 8th 2023 - 10:05 UTC

  Argentina clinches CAF loan for gas pipeline development

  

  Argentina has secured a US$ 840 million loan from the Development Bank of Latin America (CAF), which will be largely allocated to the construction of the “President Néstor Kirchner” gas pipeline, it was announced Tuesday.