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Montevideo, May 20th 2024 - 12:09 UTC

Investments

  • Thursday, November 23rd 2023 - 08:31 UTC

    Uruguay, China deepen bilateral ties

    Xi and Lacalle met for over two hours in Beijing

    President Luis Lacalle Pou of Uruguay and Xi Jinping of China Wednesday announced after meeting in Beijing that new steps toward a bilateral free trade deal had been agreed upon.

  • Friday, November 3rd 2023 - 08:59 UTC

    Paraguay just one notch short of Fitch's investment grade

    Inflation has fallen dramatically this year in Paraguay, Fitch also noted

    Paraguay was given a BB+ rating in Fitch's latest report, which is one step away from investment grade. Although in Asunción the South American country's Economy Ministry highlighted the achievement, the agency also warned about challenges in terms of credibility.

  • Wednesday, November 1st 2023 - 08:50 UTC

    Chile planning a fiber link directly with Antarctica

    Chilean Antarctica base and airport, President Eduardo Frei Montalva

    Chile is planning an undersea fiber cable linking the country with Antarctica and several bases in the southernmost continent. With this purpose, Chile signed an agreement with Latin America's Development Bank, CAF to begin feasibility studies

  • Wednesday, October 25th 2023 - 10:00 UTC

    Flybondi to revolutionize peer-to-peer airline seats market

    The Argentine low-cost carrier made the announcement during a forum in Mexico

    Argentine budget airline Flybondi will be the first in the world to allow passengers to trade tickets among themselves, the company announced Tuesday during a business forum in Mexico. The details on how travelers will be able to deal their seats are still being finalized, as is the exact moment when the mechanism would become available for users to exchange Flybondi tickets among themselves on both domestic and international routes.

  • Tuesday, October 24th 2023 - 10:40 UTC

    St. Helena residents in Falklands can transit to Jamestown via Ascension Island

    Following the completion of the runway works of the South Atlantic Airbridge to Ascension, residents of St Helena living on the Falklands have the opportunity to travel via Ascension Island

    The Ascension Islands Government Resources Directorate has announced new travel arrangements that will enable residents of St Helena to transit between the Falkland Islands and St. Helena via Ascension. The UK Ministry of Defense have introduced these arrangements with immediate effect following consultations with the FCDO, AIG, SHG and FIG.

  • Thursday, October 19th 2023 - 08:55 UTC

    Brazilian Navy begins Operation Antarctica 2023

    The frigate “Liberal” of the MB returned to its base in Rio de Janeiro last week after completing Operation “GUINEX-III” in Africa

    The Brazilian Navy (MB) officially started its Operation Antarctica (OPERANTAR) 2023 last Sunday with the departure of the Oceanographic Support Vessel “Ary Rongel” and the Polar Vessel “Almirante Maximiano”, it was reported. The units will support the Brazilian Antarctic Program (PROANTAR) before returning to the Ilha das Cobras naval base in Rio de Janeiro in April 2024, it was also explained.

  • Thursday, October 19th 2023 - 08:38 UTC

    Argentina: Deal to buy Norwegian P-3s moves forward

    The first Norwegian Orion will hopefully be delivered to Argentina before the end of 2023, it was explained

    With a nod from the United States, Argentine authorities have finally reached an agreement with the Norwegian government for the purchase of four Lockheed Martin P-3 Orion maritime patrol aircraft, Argentine Defense Minister Jorge Taiana and Norwegian Defense Materiel Agency (NDMA) D3 Director Magnus Hansvold announced during a ceremony aboard the Fragata Sarmiento museum ship in Buenos Aires.

  • Monday, October 9th 2023 - 07:05 UTC

    Falkland Islands invites to a presentation by PMCL Advisory Services' CEO

    CEO Ed Jewson will address the subject of ESG in the portfolios in the specific context of the Falkland Islands

    The Falkland Islands government has announced that a public meeting will be held at 5 pm on Wednesday 11th October at the Court and Assembly Chambers, Town Hall for the CEO of PMCL Consulting (Investment Advisory Services), Ed Jewson, to present the following:

  • Monday, October 9th 2023 - 04:15 UTC

    The Fintech Boom in Latin America

    The future of fintech in Latin America appears promising, driven by a remarkable surge in entrepreneurial activity over the past decade. Photo: Jonas Leupe / Unsplash

    After COVID, the trendiest industry in emerging markets has likely been fintech. Financial services have a famously sluggish rate of development, but the pandemic sparked a remarkable digital acceleration that tipped institutions, small and medium-sized companies and even the government toward adopting fintech and making infrastructure investments.

  • Monday, October 2nd 2023 - 10:13 UTC

    New Uruguayan airline on the horizon?

    “We are optimistic that during the season we will have a good network of air connectivity,” Monzeglio said

    Uruguay's Tourism Undersecretary Remo Monzeglio said during the weekend that there were several airlines interested in flying under the flag of the South American country.