Katharine Felton writes the highlights of her one week experience in the archipelago. - Last week I visited the Falkland Islands for the first time - to learn more about the Islands and look at how their links with Uruguay, and vice versa, can be strengthened.
Ecuadorian state-owned energy firm Petroamazonas EP, which is looking to boost production at nine of its existing oil fields and on Monday signed a series of investment deals amounting to US$ 1 billion for those areas, enlisting the help of both domestic and foreign companies.
Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.
French shipyard STX has secured an order for up to four more ships from MSC Cruises, in a 3.6 billion-Euro (US$4.1 billion) deal announced on Wednesday. MSC Cruises, part of privately owned shipping group MSC, has in recent years been the main customer for STX France, which is based at the Atlantic port of Saint-Nazaire.
By PM David Cameron - Prime Minister David Cameron wrote an article on the UK's economic security within the EU for The Telegraph. Imagine a world where a British airline wasn’t allowed to fly between Rome and Paris; where British farmers were slapped with a tariff if they wanted to export more beef to Europe; and where great British telecoms companies and car manufacturers faced new barriers when trying to sell their goods and services to customers in Europe.
Brazil's embattled oil company Petrobras said it will launch a voluntary layoff program to cut an estimated 12,000 jobs in a bid to save up to 33 billion reais ($9.20 billion) by 2020. The program will cost 4.4 billion reais and is open to all employees, according to a statement from Petrobras, which has been hard hit by low oil prices, refinery project problems and a massive price-fixing, bribery and political kickback scandal.
China has agreed to review contracts signed with Argentina, which need modifications, for the sake of transparency, according to Buenos Aires sources, but the overall strategic relation between the two countries and a raft of accords in different fields stands and is expected to continue to grow.
Partnership, disaster relief, industrial cooperation and innovation are the main UK themes as UK companies exhibit a range of world beating defense capabilities at Chile's FIDAE 2016, some attending for the first time, others as a result of having exhibited at a successful FIDAE 2014.
A consortium led by France's Total and U.S.-based super major ExxonMobil Corp started this week drilling for oil off Uruguay, Industry, Energy and Mining Minister Carolina Cosse announced. Uruguay is totally reliant on imports for its oil and has for decades tried to discover possible hydrocarbons resources both in the continent and offshore.
The Falkland Islands community bid farewell to two Search & Rescue (SAR) helicopters today after over three decades of service. Both the two RAF Sea King helicopters were brought to the capital Stanley today for the local community to say goodbye, as well as meet the crew who man the aircraft. The new AAR helicopter, which will replace the existing RAF SAR service, was also present at the farewell today.