Aurelius Capital Management LP, one of the lead hedge funds that settled a massive litigation over defaulted bonds with Argentina in 2016, is suing the country again, this time over US$ 84 million in payments it says the nation owes. The case is Aurelius Capital Master Ltd. v. the Republic of Argentina, 19-cv-351, U.S. District Court, Southern District of New York (Manhattan).Add your comment!
Argentine President Mauricio Macri will hold talks with his new Brazilian counterpart Jair Bolsonaro on Wednesday likely to center on consolidating trade ties between South America's two biggest economies, officials said. Battling recession and seeking re-election this year, Macri needs to boost Buenos Aires's side of a steep trade imbalance with its main trading partner.Add your comment!
Supermodel Gisele Bündchen is a “bad Brazilian” whose environmental activism has harmed the country’s image abroad, the nation’s new Agriculture Minister Tereza Cristina Dias said on Monday.5 comments
Leading automakers on Monday called on the Trump administration and Congress to resolve trade disputes, and end the US government shutdown, saying political uncertainty is costing the industry, Reuters reports.Add your comment!
British Prime Minister Theresa May is facing likely defeat in Parliament when she asks MPs to approve her Brexit deal this Tuesday. That result would trigger huge uncertainty about the future of Britain's exit from the European Union.Add your comment!
Chinese exports saw the steepest fall for two years in December, according to the latest trade figures. Exports from China fell 4.4% last month compared with the year before, while imports fell 7.6%. The figures indicate a further weakening in the strength of the world's second biggest economy and sent Asian stock markets lower on Monday.Add your comment!
Far-right Brazilian president Jair Bolsonaro’s new government wants to save 1 trillion Rreais (some US$ 269.48 billion) over 10 years via pension reforms economists say are vital to undo the growing fiscal deficit, a Brazilian newspaper reported on Monday.Add your comment!
Busy weekend for Ushuaia with seven cruise vessels and some 12.000 visitors, including passengers and crew members. According to port authorities, the vessels calling were the Celebrity Eclipse, Star Princess, Norwegian plus Le Boreal, Ortelius and Island Sky.1 comment
On 9 January, The New York Times published a multimedia report with a list of 52 Places to visit in the world. In position 23 figures the Falkland Islands with the following description, emphasizing, five kinds of penguins easier to reach. The report is credited to Nell McShane Wulfhart.3 comments
The Falkland Islands government air service, FIGAS, has incorporated on lease a Britten-Norman Islander aircraft for the inter-islands air service during the current summer season. Likewise another new aircraft has been ordered, scheduled to be delivered next July, as well as four new engines for the FIGAS fleet of Briten-Norman Islanders.1 comment