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MercoPress, en Español

Montevideo, April 4th 2025 - 02:50 UTC

Investments

  • Thursday, November 28th 2024 - 10:27 UTC

    IDB grants funding for Paraguayan environmental undertaking

    The project will contribute to the recovery of degraded areas and improve the conditions of Lake Ypacaraí

    Paraguay has been granted US$ 154 million in loans from the Inter-American Development Bank (IDB) plus a US$ 7.7 million non-refundable contribution through the IDB CLIMA program, the Economy Ministry in Asunción announced Wednesday. The funding is to be allocated to improving the environmental conditions of the Ypacaraí Lake basin, in Central Paraguay, it was also explained.

  • Thursday, November 28th 2024 - 10:13 UTC

    Paraguayan carrier cleared to serve Argentine city of Córdoba

    Paranair's permit includes both passenger and cargo services

    Paraguayan carrier Paranair, which already operates a domestic segment within Uruguay, has been authorized by the Argentine Government of President Javier Milei to serve the Asunción-Córdoba-Asunción route, it was published Wednesday in Buenos Aires' Official Gazette.

  • Wednesday, November 27th 2024 - 10:00 UTC

    YPFB okays Argentina pumping gas to Brazil through Bolivia

    The agreement with Argentina's Total Energies and Brazil's Grupo Matrix Energía “represents a crucial step,” Dorgathen said

    Bolivia's State-run Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) agreed to allow Argentina to pump gas to Brazil through the existing pipeline, company President Armin Dorgathen announced Tuesday during the International Forum on Hydrocarbons, Fertilizers, Renewable and Alternative Energies in Santa Cruz de la Sierra. “We will promote the efficient flow of gas between Argentina and Brazil, taking advantage of existing infrastructure and strengthening regional cooperation,” he said.

  • Thursday, November 21st 2024 - 10:27 UTC

    UK to ax amphibious assault ships, a frigate 31 helicopters and obsolete drones

    Defense Secretary John Healy addressing the Commons and announcing plans to save £500m over five years

    Two former Royal Navy flagships, a frigate and a pair of RFA support tankers will be decommissioned under a series of cost-saving measures announced on Wednesday to the House of Commons by Defense Secretary John Healey.

  • Thursday, November 21st 2024 - 10:21 UTC

    Petrobras to spend US$ 111 billion in five years to consolidate as South America’s top oil and gas producer

    US$ 77 billion of the total is earmarked for oil and gas exploration and production activities

    Brazil’s oil and gas giant, Petrobras plans to spend US$ 111 billion in the five years between 2025 and 2029, with US$ 77 billion of this total earmarked for oil and gas exploration and production activities, according to a securities filing, and making the country South America’s main oil and gas producer.

  • Thursday, November 21st 2024 - 09:35 UTC

    Successful trial of the Spear Missiles in Typhoons and F-35B fighters

    Royal Navy and Royal Air Force pilots will benefit from a cutting-edge new cruise missile, following the first successful guided firing trial of the SPEAR missile. SPEAR, which is a next generation turbojet-powered miniature cruise missile, successfully completed the trial after being fired from a BAE Systems-operated Typhoon jet at Vidsel range in Sweden.

  • Thursday, November 14th 2024 - 13:46 UTC

    Falklands, Sea Lion oil development area EIS public consultation considered

    ExCo noted that Navitas has committed to making several amendments to the EIS as a result of the representations made and republishing the EIS in line with guidance.

    Following the public consultation for the Environmental Impact Statement (EIS) for the Sea Lion Field Northern Development Area, Phase 1 and 2, submitted by Navitas Petroleum Development and Production Limited, the Executive Council (ExCo) considered the representations made, responses, and further information at an extraordinary meeting held on Thursday, November 7.

  • Friday, November 8th 2024 - 19:05 UTC

    Falklands orders four new Britten-Norman 2B-26 Islander aircraft

    FIGAS existing fleets of five Islanders serves in a variety of roles and are essential in keeping the Falklands and its more remote communities connected

    The Falkland Islands Government has signed a Letter of Intent with Britten-Norman with a view to ordering four new BN2B-26 Islander aircraft at a total value of US$9.75 million, reported the British manufacturer

  • Wednesday, November 6th 2024 - 14:16 UTC

    Falkland Islands Legislative Assembly moves forward on Starlink and VSAT licensing reforms

    Further details on the proposed licensing changes and current requirements are available on the Communications Regulator's website

    The Falkland Islands Legislative Assembly has accepted a set of recommendations from the Telecommunications Select Committee, aimed at making internet access more affordable and accessible through adjustments to VSAT licensing fees and potential domestic tariffs for Starlink services. These proposals will now be reviewed by the Executive Council, with a response expected within six months.

  • Monday, November 4th 2024 - 22:30 UTC

    Venezuela and Iran sign deal for optic fiber plant

    By mid-2025, Venezuela is expected to have “a new technological company with exporting vocation,” Meléndez announced

    Venezuelan and Iranian authorities announced this weekend the signing of an agreement to build a fiber optic factory in the South American country, more specifically in La Guaira, a State just 30 kilometers north of Caracas and home to the country's gateway Simón Bolívar Airport.