The fast pace of Brazilian president Jair Bolsonaro continued on Friday, with current central bank Governor Ilan Goldfajn telling newspaper Valor Economico that the new administration is likely to empower the central bank to approve the entrance of new foreign lenders into Brazil.
Options for the extension of the Falkland Islands' Mount Pleasant airport passenger terminal will be considered by the local elected authorities in the coming weeks. According to Penguin News, quoting lawmaker MLA Barry Elsby, options will be put before the Executive Council early in the new year.
The Paraguay group Delta Patagonia has signed an agreement with Argentina's managed oil company YPF for the acquisition of 124 gas stations in 17 provinces. The service stations will now operate under the brand Gulf Combustibles.
Galicia's Rampesca and the Falkland Islands RBC have ordered a new 63.7 meters long and 1.500 gross tonnage freezer trawler from Nodosa Shipyard, according to shipbuilding sources in Vigo. The new vessel is expected to replace the Castelao, and construction will begin this January. It will replicate much of the recently delivered Monteferro.
A record high for Brazil shares and a more than 2% gain in the Real, spurred by positive policy moves by the country's new government, helped Latin American markets make a strong start to the New Year and buck gloom in global markets on Wednesday.
A majority stake in Gatwick Airport is to be sold to French operator Vinci Airports for £2.9bn. Vinci Airports, part of infrastructure group Vinci, will buy 50.01% of the UK's second-busiest airport. The other 49.99% will be managed by current owners Global Infrastructure Partners (GIP).
Despute being one the most stable economies in the region, shanty town developments are also on the rise in Chile. Immigration and other factors have contributed to the downside of prosperity.
Outgoing President Michel Temer issued an executive order that allows foreign groups to own 100% of a Brazilian airline. Previously, non-Brazilians were limited to 20% of shares. The decision occurs in the midst of a bankruptcy proceeding filed by Avianca Brasil.
The Falkland Islands Government announced on Tuesday that terms have been agreed, subject to contract and planning, for the sale of a 15.2 acre site to Argos Developments Ltd. with the purpose of encouraging private investment in house building.
Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a one-billion-dollar investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it in the state's capital biggest private employer.