Investments

• Saturday, October 9th 2021 - 04:21 UTC

  LATAM Group orders brand new aircraft to replace ageing units

  

  South America's LATAM Airlines Group has placed orders for 70 new short-haul Airbus A 320 aircraft to replace its currently ageing units of the same model, it was announced earlier this week.

• Friday, October 8th 2021 - 09:44 UTC

  Antarctica cruises Atlas Ocean Voyages will operate from Ushuaia, Tierra del Fuego celebrates

  

  An Antarctica cruise company, Atlas Ocean Voyages will begin operating from Ushuaia, the capital of the extreme south Argentine province of Tierra del Fuego. According to local media reports, the first call out of fifteen will take place next November.

• Thursday, October 7th 2021 - 09:50 UTC

  IMF praises Uruguay's handling of the pandemic and forecasts 3,4% recovery this year

  

  The IMF elaborated and presented this month a preliminary statement on the situation of the Uruguayan economy based on Article IV mission findings.

• Thursday, October 7th 2021 - 09:37 UTC

  Uruguay eyes energy exports from sea wind farms

  

  The government of Uruguay is willing to promote the generation of energy for export, by installing wind farms with wind turbines on the maritime platform, it was reported Wednesday in Montevideo.

• Wednesday, October 6th 2021 - 19:22 UTC

  A Coup Attempt at the IMF

  

  By Joseph E. Stiglitz (*) - Kristalina Georgieva, the IMF's Managing Director since 2019, has been a bold leader in confronting the economic fallout of the pandemic, as well as in positioning the Fund as a global pioneer on climate change. The efforts now underway to remove her are not only unjust but could hamstring the Fund's management for years to come.

• Wednesday, October 6th 2021 - 09:02 UTC

  Uruguay opened its stand at the 2020 Universal Expo in Dubai

  

  Uruguay inaugurated Tuesday its stand at the 2020 Universal Expo in Dubai, an event that has attracted over 190 countries.

• Tuesday, October 5th 2021 - 09:20 UTC

  Falklands: Rockhopper targets lower costs for Sea Lion project and potential entry of Navitas Petroleum

  

  Rockhopper Exploration presented on the last day of September its half-year interim report, which follows on the shock announcement from Harbour Energy that it will seek to exit the Sea Lion Project in the North Falkland Basin.

• Saturday, October 2nd 2021 - 09:17 UTC

  Punta Arenas will have its International Antarctic Center following financing of the project

  

  Punta Arenas, as the capital of the Chilean Magallanes Region and Chilean Antarctica, will finally have its International Antarctic Center making the city the logistic hub and gate of access to Western Antarctica, following on the regional council's decision to support and finance the 88 million dollars project as part of the development program for Extreme Zones.

• Thursday, September 30th 2021 - 20:57 UTC

  LATAM obtains financing to reorganize the group and begin exiting bankruptcy

  

  On Wednesday, LATAM airlines announced it had obtained committed financing of US$ 750 million as part of the Chapter 11 proceedings, allowing the company to improve its financing conditions and to start exiting the bankruptcy process

• Tuesday, September 28th 2021 - 23:27 UTC

  Falklands makes second donation to Uruguayan charity, which assist vulnerable people

  

  The Falkland Islands Government, as part of its continuing efforts to contribute to the worldwide Coronavirus relief response, it has made a further donation of £5,000 to Centro de Promoción por la Dignidad Humana (CEPRODIH), based in Uruguay.