Investments

Friday, December 24th 2021 - 09:21 UTC
Eastern cancellations leave hundreds of Paraguayans stranded in Miami

Some 300 Paraguayan nationals who were stranded in Miami after Eastern Airlines canceled its Dec. 18 and 21 flights to Asuncion will be arriving shortly before midnight Friday, it was announced.
Wednesday, December 22nd 2021 - 11:36 UTC
Argentine peso needs devaluing, Goldman Sachs report says

A macroeconomic report from Wall Street operators Goldman Sachs released Tuesday has warned that “without fiscal or monetary anchors” the country is up for strong “headwinds” in 2022 and 2023 and, therefore, “the peso needs to be devalued.”
Friday, December 17th 2021 - 11:56 UTC
Uruguayan President completes mission in Qatar and faces a crisis in his coalition

Uruguay's President Luis Lacalle Pou returned home from an official trip to Qatar in search of trade opportunities for his country. He reached an agreement regarding visas while air routes and direct investments are being studied.
Friday, December 17th 2021 - 09:55 UTC
Real estate booms in Uruguay with Argentine buyers

As soon as Uruguay reopened its borders to Argentines owning property in the country, real estate purchases have tripled only in the months of October and November, it was reported.
Friday, December 17th 2021 - 09:32 UTC
China lifts ban on Brazilian beef, but UK and EU retailers will stop purchases because of deforestation

Good and bad news for Brazil's beef exports. China finally lifted the ban on Brazilian beef and allowed the resumption of shipments to the great Asian market. But several of the main retailers in Britain and the European Union have announced the banning of Brazilian beef in their shelves because meat processors are using cattle linked to the Amazon and Pantanal deforestation.
Friday, December 17th 2021 - 08:59 UTC
Air Canada returns to Argentina after pandemic restrictions

Air Canada has resumed regular operations to / from Argentina with four weekly frequencies serving Buenos Aires' Ezeiza international airport Mondays, Tuesdays, Thursdays and Saturdays from Montreal, via São Paulo (Brazil), using Boeing 787-9 aircraft.
Thursday, December 16th 2021 - 09:01 UTC
Santa Fe-La Plata circuit added to export opportunities in Argentina

The first shipment from the port of Santa Fe bound for the Port of La Plata has departed, thus marking the commencement of a logistics circuit with the TecPlata container terminal that brings on a plethora of business opportunities, it was reported.
Wednesday, December 15th 2021 - 21:29 UTC
Uruguay signs deal with FAO to promote sustainable agriculture

Uruguay's Federal Agricultural Cooperatives (CAF) and the United Nations Food and Agriculture Organization (FAO) have signed a letter of agreement to promote agricultural awareness nationwide through the Ministry of Livestock, Agriculture, and Fisheries, MGAP, it was announced.
Wednesday, December 15th 2021 - 09:40 UTC
Flybondi fleet to grow, new jobs created

Argentine budget airline Flybondi has announced plans to expand its fleet to 10 aircraft. The increase in operations would result in 400 new direct jobs, CEO Maurio Sana, announced Tuesday
Wednesday, December 15th 2021 - 08:33 UTC
Ushuaia announces the construction of a five star sustainable Hilton hotel

Ushuaia, the capital of Tierra del Fuego province will have a sustainable five-star hotel linked to the Hilton Hotels and Resorts consortium, which is expected to be inaugurated in December 2023. The announcement was done by Tierra del Fuego governor Gustavo Melella, his deputy Monica Urquiza and several members of the cabinet and local authorities.