Visitor arrivals to the Falkland Islands were up 3.1% compared to the previous tourist season, confirmed Executive Director of the Tourist Board Stephanie Middleton to Penguin News. The Falklands' season ended on April 7 with total visitor arrivals for the season at 57,496. Ms Middleton outlined how, as with last season, it was the expedition vessels that mainly contributed to the hike in numbers.1 comment
Argentina’s central bank held its benchmark interest rate at 27.25% this week, the monetary authority said in a statement, noting that high-frequency indicators suggested core inflation would remain high in April, but below March’s levels.
Credit rating agency Moody's this week raised the outlook of Brazil's sovereign rating from negative to stable.
Countries are meeting in an attempt to agree cuts to greenhouse gases from the global shipping industry, amid pressure on the sector to help tackle climate change. Shipping, like aviation, is not directly included in the Paris Agreement, the international deal on global warming which was secured in the French capital in 2015 and commits countries to avoiding “dangerous” climate change.
UK Chief Secretary Elizabeth Truss is this week visiting Brasilia and Sao Paulo for bilateral meetings with authorities and will follow-up on the second UK-Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure. Latest figures show that bilateral trade between UK and Brazil is worth £5.4 billion a year.
Brazilian President Michel Temer has officially nominated eleven new ministers, the government's official bulletin said, giving continuity to the government's reform program ahead of the general elections in October.
European Council President Donald Tusk has said Brexit makes him furious, and called on Europe to unite during a speech in Dublin. The statesman warned it would take very little time to demolish the structures of peace and unity built up in the continent.
Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.
The Falkland Islands Meat Company - FIMCo - has entered into a supply contract with Ecolog – a key provider for UK Ministry of Defense facilities at MPC/MPA, to provide their high-quality Falkland Islands meats. The contract is for five years, delivering beef, lamb and mutton to the MOD’s and Ecolog’s exacting standards of price, availability and - of course - quality.
Brazil's monthly inflation rate slowed dramatically to a nine-month low in March, suggesting the central bank may have been too slow to signal another interest rate cut as the data continued to fall short of its inflation target.