The incoming Trump administration's top trade priority is to renegotiate the Nafta trade deal with Canada and Mexico, according to commerce secretary nominee Wilbur Ross during a confirmation hearing on his nomination before US senators.1 comment
The head of the International Monetary Fund has warned the UK there is still likely to be pain ahead as Theresa May prepares to trigger the UK's departure from the European Union. Christine Lagarde told the BBC the Brexit process would be complicated.2 comments
By Gwynne Dyer
The main message of 2016 was that we are entering a period of economic and political upheaval comparable to the Industrial Revolution of 1780-1850, and nothing expressed that message more clearly than Donald Trump's appointment of Andrew Puzder as Secretary of Labour. Even though it's clear that neither man understands the message.
The Falkland Islands Government is under no pressure from the UK government to agree to something that we feel is not in our best interests, and ”the final decision on (additional) flights will be ours, and ours alone”. The statement belongs to the elected Legislative Assembly of the Falkland Islands' chair of the month, Barry Elsby.48 comments
Investors betting on Argentina's stock market could make a return of 258% in five years, according to analysts at Morgan Stanley. Argentina is returning to economic and political normality after years in the capital markets wilderness following its 2002 debt default and financial collapse, Morgan Stanley said in a note to clients.
Britain will be in the front seat to negotiate a new trade deal with the incoming Trump administration, a top Republican in the US Senate has said. A US-UK trade deal would be a priority, Senate Foreign Relations Committee chairman Bob Corker said after meeting Foreign Secretary Boris Johnson.
The Falkland Islands Chamber of Commerce ended 2016 by reiterating that the provision of modern telecommunications was absolutely crucial for the development of Falklands “business community, economy and society as a whole.”
China said it will boost investment in tourism, with plans to develop rustbelt regions and upgrade public toilets high on its to-do list as it looks to lift the sector's contribution to economic growth.
Uruguayan oil company ANCAP announced Wednesday through a press release that one of its companies, Carboclor S.A., based in Argentina, had turned to the courts to start the reorganization proceedings, known in Argentinian law as Concurso Preventivo, which is very similar to the United States' Chapter Eleven bankruptcy mechanism.
Brazilian oil company Petrobras plans to request part of the record anticorruption settlement that construction company Odebrecht SA signed earlier this week with Brazilian, U.S. and Swiss authorities. Petrobras has said it was the victim of the vast bid-rigging and kickbacks scheme that Odebrecht admitted to helping run.