British ministers are braced for a parliamentary battle and are prepared for the Article 50 legislation to be rewritten by the House of Lords, David Davis has indicated. The Brexit Secretary said he expected some parliamentary “ping pong”, with the Bill being sent back and forth between the Commons and the Lords, suggesting he expected peers to defeat the Government and make changes to the tightly-worded legislation.
A state of the art longliner, the Falklands “CFL Hunter” was baptized and launched at the Nodosa de Marín shipyard in Pontevedra, in a ceremony that included representatives from Consolidated Fisheries, Falklands lawmakers plus members of the Galicia government and the yard.
Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”
Talks between Uruguay's government and Finnish pulp and paper maker UPM on a new pulp plant project in the Latin American country are proceeding, Uruguay's president Tabare Vazquez said on Monday.
Two managers from Newton Investment Management gave a presentation to the Falkland Islands elected government Standing Finance Committee (SFC) and members of the public on Wednesday on the Government’s investment portfolio.
Rockhopper Exploration plc has provided its latest operational and corporate update which includes the North Falkland Basin Sea Lion project and has announced that the technical engineering is approaching conclusion and a settlement on the Eirik Raude rig dispute has been reached.
Uruguayan president Tabare Vazquez, six cabinet ministers and a numerous business delegation begin on Monday a two weeks official tour of Germany, Finland and Russia to increase political and trade links, particularly in the “new international scenario” and hopefully advancing in locking the long delayed accord between the European Union and Mercosur.
One of President Trump's sons made a business trip to Uruguay in early January that cost taxpayers US$97,830 to put Secret Service and embassy staffers in hotel rooms, according to a new report. Eric Trump visited Uruguay on behalf of the Trump Organization before his father’s Jan. 20 inauguration, The Washington Post reported.
President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday.
UPM states that it is not engaged in negotiations on a pulp mill investment with the Uruguayan government. As earlier announced, the company is considering prospects and prerequisites for long-term development in Uruguay. Currently UPM is engaged in discussions with the Government of Uruguay on infrastructure development.