Heads of Government of the fourteen Caribbean Community (CARICOM) “were heartened” by their Japanese counterpart’s Shinzo Abe positive response to a number of issues raised during their one-day summit in Guyana.
Lloyds Banking Group has been fined £218m for serious misconduct over some key interest rates set in London. The group manipulated the London interbank offered rate (Libor) for yen and sterling and tried to rig the rate for yen, sterling and the US dollar, said the US legal order.
Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as two percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday.
The British government plans to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to be a milestone in efforts by the government of Prime Minister David Cameron to encourage the extraction of natural gas and oil from shale rock.
The Falkland Islands have been nominated and are finalists in the Travel Agents Choice Awards sponsored by “Selling Travel Magazine” in the UK. (Previously known as Selling Long Haul Magazine), announced the Falkland Islands Tourism Board. The Falkland Islands have been nominated for “Best Destination for Wildlife and Nature”.
The Falkland Islands Company has announced the expansion of its tax efficient share plan (Share Incentive Plan or SIP) which is open to all its 180 full time employees. The company believes in share ownership by staff and the public company status of its parent company, Falkland Islands Holdings plc (FIH), allows local staff to benefit from this in a meaningful way.
The International Air Transport Association (IATA) called on the Venezuelan government to honor the commitment it made in March to permit airlines to repatriate in full and at fair exchange rates airline funds being blocked in the country.
The European Commission has informed the British Government that it has found no breach of EU environmental laws in the activities carried out by the Gibraltar Government including bunkering activities, the Eastside or Sovereign Bay project and, in particular, the Artificial Reef System in North-West British Gibraltar Territorial Waters.
A group of creditors holding about 28% of Argentina's Euro-denominated debt said it would be willing to waive a clause that’s hampering a deal between Argentina and holders of its defaulted bonds from 2001, according to a report by Katia Porzecansky published by Bloomberg News.
The first female commander of a major Royal Navy warship is understood to have left her vessel after allegations of an affair with one of her officers. Cdr Sarah West, 42, was coming to the end of a seven-month deployment in the Atlantic on board the Type 23 frigate HMS Portland.