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Itaipu Binacional opens bidding for fleet insurance worth US$5.3 million amid criticism (Note: "G." stands for "Guarani," the Paraguayan currency, but converted here to US dollars for international readability. The original value of G. 5.300 million equals approximately US$5.3 million as of recent exchange rates.)

Itaipu Binacional has opened a bidding process for a fleet insurance contract worth Gs. 5.3 billion, maintaining solvency requirements despite criticism over restricted competition and high costs.

US Justice Department charges Marset with narcoterrorism and cocaine trafficking

US Justice Department charges Marset with narcoterrorism and cocaine trafficking

The U.S. Justice Department has expanded its charges against Uruguayan national Sebastián Marset, leader of the First Uruguay Cartel, to include narco-terrorism and international cocaine trafficking, following his capture in Bolivia and subsequent extradition. Prosecutors allege that he coordinated with the Gulf Clan to ship 1,700 kilograms of cocaine and relied on financial operators such as Federico Santoro Vassallo—who was sentenced to 15 years in prison—to launder the illicit profits through cryptocurrencies and international bank transfers.