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MercoPress, en Español

Montevideo, September 12th 2024 - 05:50 UTC

Investments

  • Tuesday, March 19th 2024 - 10:56 UTC

    Falklands' government donation to Red Cross Appeal for Israel and occupied Palestinian Territory

    The £5,000 donation underscores the Falkland Islands Government's commitment to alleviating the suffering of those affected by the ongoing situation in the region.

    The Falkland Islands Legislative Assembly is pleased to announce the approval of a £5,000 donation to the International Red Cross in January, aimed at supporting humanitarian aid efforts in Israel and Occupied Palestinian Territory. This donation underscores the Falkland Islands Government's commitment to alleviating the suffering of those affected by the ongoing situation in the region.

  • Monday, March 18th 2024 - 10:12 UTC

    Argentina's SME industry records new interannual fall in February

    CAME is also taking center stage in Argentine politics

    Argentina's small- and medium-sized manufacturing industry fell 9.9% last month compared to February last year at constant prices, the Argentine Confederation of Medium-sized Companies (CAME) said in a report released over the weekend. It was the third straight month downwards despite a slowdown from December's 27% and January's 30%, the survey also showed.

  • Thursday, March 14th 2024 - 16:28 UTC

    Argentina: Catamarca court orders halt to lithium extraction following environmental complaint

    The resolution fully impacts on the economic interests of an extractive activity concentrated in a resource such as lithium.

    The Court of Justice in Catamarca (Northern Argentina) has issued a divided ruling ordering a suspension of mining activity in the Salar del Hombre Muerto, impacting lithium production projects. The decision stems from an environmental protection action filed by cacique Román Elías Guitian, urging a comprehensive environmental impact study before new permits are granted.

  • Wednesday, March 13th 2024 - 06:55 UTC

    New private port for grains trade along the Paraná

    Apparently the town of Timbues, some 50 km north of the city of Rosario has been the place chosen for the private port with an investment of some US$ 550 million

    The administration of Argentine president Javier Milei announced last week plans for a US$550 million investment to build a new port in the Rosario region, the country's major grains and oilseeds hub.

  • Monday, March 11th 2024 - 11:04 UTC

    Paraguay, the best place in the region for business, says FGV

    Paraguay topped the FGV report while Argentina climbed significantly with the first measures announced by President Milei

    The Latin American Economic Climate Index (ICE) released this weekend by Brazil's Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for business ventures in the region given the country's outstanding performance.

  • Monday, March 11th 2024 - 10:56 UTC

    US to help Argentina handle the Paraná Waterway

    Ambassador Stanley, Benvenuto, González Botto, and McConnell signed the document

    Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).

  • Wednesday, March 6th 2024 - 10:40 UTC

    Brazilian Air Force phasing out iconic Hercules

    The iconic model will be replaced by the locally-built KC-390

    Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.

  • Tuesday, March 5th 2024 - 16:42 UTC

    Falklands budget increase for national sports facility including artificial ice for skating ring

    The agreed philosophy for this project has always been to produce the best quality sports facilities and to have facilities designed by sports people for sports people.

    In 2019 the Falkland Islands Government (FIG) and the National Sports Council (NSC) agreed that investment in sports in the Falkland Islands was a key priority and a dedicated sports facility should be developed. FIG’s technical experts calculated that the cost of the facilities that would be required to future proof the facility would be around £6-£10m depending on detailed specifications.

  • Tuesday, March 5th 2024 - 11:05 UTC

    Falkland Islands progresses port facility project with Harland and Wolff

    Harland and Wolff's selection holds historical significance, as the company previously constructed the existing port facility over four decades ago

    In a bid to enhance its infrastructure, the Falkland Islands Government (FIG) has taken significant steps towards the replacement of the Stanley port facility, known as FIPASS. Following recent executive council meetings, two pivotal papers have been approved to advance the project.

  • Monday, March 4th 2024 - 10:27 UTC

    Tsakos closing Montevideo naval operations

    Tsakos will remain in Uruguay doing business in renewable energies, agro-forestry, and real estate

    The Greek company Tsakos announced it was closing its naval operations in Uruguay but will keep other investments in the South American country, it was reported in Montevideo after early versions that the firm was departing altogether.