MercoPress https://en.mercopress.com/ South Atlantic News Agency en Copyright 2026, MercoPress. https://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Falklands plans for oil future, Monday begins Economic Development Forum]]> From left to right: Targ Patience, Dr. Genève Phillip-Durham and Kathy Smith As of Monday April 6th the Falkland Islands will become a hub of conferences and workshops with the inauguration of the 2026 Economic Development Forum, prepared by the Falklands Chamber of Commerce and presented by the Falklands Development Corporation, FIDC, which will be looking ahead to the challenges from the oil and telecommunications industries and their transformative dynamics into the future.

]]> Sun, 05 Apr 2026 11:26:00 GMT <![CDATA[Brazil unveils first supersonic fighter jet manufactured on its soil, a milestone for Latin America]]> President Luiz Inácio Lula da Silva led the ceremony and christened the aircraft by spraying a champagne bottle over the fuselage Brazilian aircraft manufacturer Embraer unveiled on Wednesday the first F-39E Gripen fighter jet manufactured in Brazil, a milestone the country's presidency called "unprecedented in Latin America." It is the first of 15 supersonic combat aircraft Embraer will produce at its facility in Gavião Peixoto, São Paulo state, under a total contract for 36 jets ordered from Swedish firm Saab.

]]> Sat, 28 Mar 2026 10:21:00 GMT <![CDATA[Uruguay considers with “interest” British offer of three Royal Navy offshore patrol vessels]]> One of the vessels, the HMS Mersey, is a River-class offshore patrol vessel of the British Royal Navy Uruguay's government is considering with “interest” a British offer to acquire three Royal Navy offshore patrol vessels (OPVs), according to El Observador, citing sources at the executive offices. The proposal involves first-generation River-class vessels — HMS Tyne, HMS Mersey, and HMS Severn — operational since 2003 and scheduled for decommissioning in 2028 as part of the British fleet renewal under NATO's defense spending commitments.

]]> Fri, 27 Mar 2026 19:50:00 GMT <![CDATA[Rodríguez promises "legal certainty" to investors while Machado competes for attention from Texas]]> Rodríguez's appearance came one day before Nicolás Maduro's hearing at a New York court Venezuela's interim president, Delcy Rodríguez, participated via videoconference on Wednesday at the FII Priority investment forum in Miami, where she assured American, Saudi, and Latin American investors that her government is advancing reforms to guarantee "legal certainty" for investments in the country.

]]> Thu, 26 Mar 2026 01:57:00 GMT <![CDATA[International project validates renewable hydrogen energy systems in Antarctica]]> INACH Director Gino Casassa said the green hydrogen pilot plant design is backed by approximately 200 million Chilean pesos in funding from GIZ and the European Union A delegation of Chilean and European authorities and institutions completed a technical visit to the "Profesor Julio Escudero" research station operated by the Chilean Antarctic Institute (INACH) on King George Island, where progress was presented on a pilot renewable hydrogen and energy infrastructure project designed to validate hybrid energy systems in one of the planet's most demanding environments.

]]> Thu, 26 Mar 2026 01:48:00 GMT <![CDATA[Peru confirms large-scale geothermal system in southern Andes, near Chilean border]]> The study was conducted using the magnetotelluric method, a technology that produces a subsurface image by measuring natural electromagnetic fields Peru's Geophysical Institute (IGP) confirmed on Tuesday the existence of a large-scale active geothermal system in the country's southern Andes, near the Paucarani-Casiri volcano, approximately 75 kilometers northeast of the city of Tacna and close to the Chilean border, according to EFE.

]]> Wed, 25 Mar 2026 00:18:00 GMT <![CDATA[Brazil to expand Antarctica activities with new polar vessel Comandante Saldanha]]> The vessel has a displacement of 5.800 tons plus a hangar to host two helicopters, plus the landing platform. Brazil is expanding its Antarctica presence and activities with the introduction of a new polar vessel currently under construction in the county. The vessel “Almirante Saldanha” is considered an operational and scientific leap for the Brazilian Navy in the context of the strategic development of the Brazilian Antarctic Program.

]]> Mon, 23 Mar 2026 02:49:00 GMT <![CDATA[Lula and Peña agree to accelerate Itaipú treaty review]]> Annex C stipulates that both countries are entitled to 50% of the energy generated, but requires whichever party does not use its full share to sell the surplus to the other at preferential rates The presidents of Brazil, Luiz Inácio Lula da Silva, and Paraguay, Santiago Peña, agreed on Sunday in Campo Grande to intensify negotiations over Annex C of the Itaipú treaty, the instrument that governs the financial terms and energy sales of the binational hydroelectric dam, one of the largest in the world.

]]> Mon, 23 Mar 2026 01:53:00 GMT <![CDATA[Peña promotes Paraguay as investment destination at meeting with Brazilian business leaders]]> We met with business leaders who already invest in Paraguay and want to expand, but also with new players who see a concrete opportunity in our country,” Peña said Paraguay's President Santiago Peña met on Sunday in Campo Grande, the capital of Brazil's Mato Grosso do Sul state, with business leaders from the state's Federation of Industries (FIEMS) to promote investment opportunities in his country. The meeting, organized at the association's request, brought together representatives from sectors including bioenergy, food, construction and logistics.

]]> Sun, 22 Mar 2026 21:32:00 GMT <![CDATA[Government targets faster state processes with new economic reform package]]> Oddone argued that the macroeconomic margin has already been largely exhausted and that the current bottlenecks lie in opaque price formation, slow procedures and overlapping controls Uruguayan President Yamandú Orsi and Economy Minister Gabriel Oddone said the government will send a competitiveness and innovation bill to Congress on May 31, focused on foreign trade, competition policy, innovation and administrative simplification. The initiative was launched alongside a call for unions, business chambers and academia to submit proposals by April 24.

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