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Montevideo, April 19th 2024 - 04:22 UTC

Investments

  • Tuesday, October 24th 2023 - 10:40 UTC

    St. Helena residents in Falklands can transit to Jamestown via Ascension Island

    Following the completion of the runway works of the South Atlantic Airbridge to Ascension, residents of St Helena living on the Falklands have the opportunity to travel via Ascension Island

    The Ascension Islands Government Resources Directorate has announced new travel arrangements that will enable residents of St Helena to transit between the Falkland Islands and St. Helena via Ascension. The UK Ministry of Defense have introduced these arrangements with immediate effect following consultations with the FCDO, AIG, SHG and FIG.

  • Thursday, October 19th 2023 - 08:55 UTC

    Brazilian Navy begins Operation Antarctica 2023

    The frigate “Liberal” of the MB returned to its base in Rio de Janeiro last week after completing Operation “GUINEX-III” in Africa

    The Brazilian Navy (MB) officially started its Operation Antarctica (OPERANTAR) 2023 last Sunday with the departure of the Oceanographic Support Vessel “Ary Rongel” and the Polar Vessel “Almirante Maximiano”, it was reported. The units will support the Brazilian Antarctic Program (PROANTAR) before returning to the Ilha das Cobras naval base in Rio de Janeiro in April 2024, it was also explained.

  • Thursday, October 19th 2023 - 08:38 UTC

    Argentina: Deal to buy Norwegian P-3s moves forward

    The first Norwegian Orion will hopefully be delivered to Argentina before the end of 2023, it was explained

    With a nod from the United States, Argentine authorities have finally reached an agreement with the Norwegian government for the purchase of four Lockheed Martin P-3 Orion maritime patrol aircraft, Argentine Defense Minister Jorge Taiana and Norwegian Defense Materiel Agency (NDMA) D3 Director Magnus Hansvold announced during a ceremony aboard the Fragata Sarmiento museum ship in Buenos Aires.

  • Monday, October 9th 2023 - 07:05 UTC

    Falkland Islands invites to a presentation by PMCL Advisory Services' CEO

    CEO Ed Jewson will address the subject of ESG in the portfolios in the specific context of the Falkland Islands

    The Falkland Islands government has announced that a public meeting will be held at 5 pm on Wednesday 11th October at the Court and Assembly Chambers, Town Hall for the CEO of PMCL Consulting (Investment Advisory Services), Ed Jewson, to present the following:

  • Monday, October 9th 2023 - 04:15 UTC

    The Fintech Boom in Latin America

    The future of fintech in Latin America appears promising, driven by a remarkable surge in entrepreneurial activity over the past decade. Photo: Jonas Leupe / Unsplash

    After COVID, the trendiest industry in emerging markets has likely been fintech. Financial services have a famously sluggish rate of development, but the pandemic sparked a remarkable digital acceleration that tipped institutions, small and medium-sized companies and even the government toward adopting fintech and making infrastructure investments.

  • Monday, October 2nd 2023 - 10:13 UTC

    New Uruguayan airline on the horizon?

    “We are optimistic that during the season we will have a good network of air connectivity,” Monzeglio said

    Uruguay's Tourism Undersecretary Remo Monzeglio said during the weekend that there were several airlines interested in flying under the flag of the South American country.

  • Saturday, September 30th 2023 - 09:58 UTC

    Falklands Rockhopper claims the oil company is in “its strongest position”

    Looking ahead, says Rockhopper, work continues on refining a new lower cost development and a financing plan for its Sea Lion project in the Falkland Islands

    The oil and gas exploration company with interests in the Falkland Islands, Rockhopper Exploration PLC, declared a pretax loss in the six months ended June 30 of US$ 2.6 million, from USD749,000 a year prior, as administrative expenses jumped 40% to 2.1 million pounds.

  • Wednesday, September 27th 2023 - 08:55 UTC

    New container line linking EU main ports with Brazil, Uruguay and Argentina

    Lady Jane from ONE will be the first ship to arrive at Itapoá on 28 September. The 294-meter-long vessel, which sails under the Marshall Islands flag, has a capacity of nearly 5000 20-foot containers.

    ONE (Ocean Network Express) and Cosco Shipping are starting the new LUX container service. This route connects Europe and the Mediterranean with the east coast of South America with weekly stopovers.

  • Tuesday, September 26th 2023 - 09:04 UTC

    The 2023/24 cruise season officially takes off in Ushuaia with high expectations

    The port of Ushuaia with several cruise vessels during a busy season

    With the arrival of the Magellan Explorer, Ushuaia officially announced the beginning of the 2023/2024 cruise season which is expected to attract 548 vessel calls and some 195,000 visitors to the most southern port of Argentina in Tierra del Fuego province.

  • Tuesday, September 26th 2023 - 08:55 UTC

    EC blocks Booking from acquiring eTravel “to protect consumers and ensure competition”

    “Booking's acquisition of eTraveli would strengthen Booking's dominant position in the online travel agencies market and likely lead to higher costs for hotels and, possibly, consumers,” Reynders said

    The European Commission blocked US travel giant Booking from acquiring its Swedish rival eTraveli on Monday. Booking commands a 60% market share for online travel agencies in Europe, the Commission said. Meanwhile, eTraveli operates several websites to compare airfares like Gotogate and MyTrip.