Investments

Wednesday, August 6th 2025 - 07:20 UTC
Falklands Government opens search for future Telecommunications provider

Following approval by Executive Council, the Falkland Islands Government (FIG) has opened an international search for future providers of telecommunications. This work, which relates to the period after the end of Sure’s current exclusive license, is being led by FIG’s appointed consultants, Cambridge Management Consulting.
Tuesday, August 5th 2025 - 11:16 UTC
BP announces huge discovery off Rio de Janeiro

BP, the British oil and gas company, has announced its largest oil and gas discovery in 25 years, in the Boomerang Field, an area over 300 square kilometers within Brazil's Santos Basin, roughly 404 kilometers off the coast of Rio de Janeiro.
Monday, August 4th 2025 - 10:28 UTC
Sales of brand new cars surge in Argentina

Sales of brand new cars grew 44% yoy in July, marking the best performance since 2018. The Argentine Automobile Dealers Association (Acara) attributes this growth to economic stability, greater model availability, promotions, and attractive financing. The motorcycle market also saw significant growth, with sales increasing by 33.9% interannually to 54,060 units. The top-selling brand was Toyota, with the Yaris its most popular model.
Tuesday, July 29th 2025 - 10:30 UTC
HSBC sells out operations in Uruguay to leading Brazilian bank

Brazilian bank BTG Pactual has acquired the Uruguayan operations of British bank HSBC for US$175 million, marking BTG Pactual's entry into Uruguay and HSBC's exit from the market as part of its global restructuring strategy. The deal, announced on Monday, includes both equity and additional capital instruments and is subject to regulatory approvals.
Thursday, July 24th 2025 - 08:36 UTC
Lula and Sheinbaum discuss joint developments

Presidents Luiz Inácio Lula da Silva of Brazil and Claudia Sheinbaum of Mexico held a telephone conversation on Wednesday to discuss strengthening bilateral relations and economic cooperation.
Saturday, July 19th 2025 - 10:37 UTC
Paraguay to receive electric buses and pickup trucks from Korean Donation

Paraguay is set to receive 60 distinctive electric “jeepney” buses and 20 electric pickup trucks as a donation from the Korean government. The buses, known for their colorful, elongated design popular in the Philippines, are expected to arrive in Paraguay in October and will be assembled domestically, becoming operational by year-end.
Saturday, July 19th 2025 - 10:27 UTC
Uruguay: New water treatment plant approved

Uruguay is moving forward with plans for a 200,000 cubic meter water treatment plant in the Santa Lucía River basin, specifically in the Aguas Corrientes area. This decision comes after renegotiations of a contract, with the project now the previously planned Arazatí initiative was scrapped.
Friday, July 18th 2025 - 10:40 UTC
Paraguay, UK sign “Friendship Charter”

Paraguayan Foreign Minister Rubén Ramírez Lezcano and British Secretary of State for Foreign Affairs David Lammy signed Thursday in London the so-called “United Kingdom-Paraguay Friendship Charter,” committing both nations to enhanced cooperation across five key areas:
Thursday, July 17th 2025 - 10:40 UTC
Falklands, Government finally presents delayed 25/26 Budget approved by outgoing Legislative Assembly

The Falkland Islands Government’s (FIG) Budget for 2025/26 has today, 16th July, been approved by the Legislative Assembly, setting a considered and strategic direction to safeguard the long-term financial health of the Islands.
Thursday, July 17th 2025 - 09:25 UTC
Major overhaul announced for Buenos Aires underground Line B

The Chinese company CRRC Changchun Railway Vehicles Co. Ltd has been awarded a US$301.5 million contract by the Buenos Aires City government to completely renovate the fleet of Line B of the underground metro system. This line is the most heavily used, serving approximately 180,000 daily users.