The Falkland Islands Government has set out an ambitious program to deliver significant capital and infrastructure projects over the next five years. These projects include a new power station, the development of a new port, improvements at the MPA passenger terminal, a Vulnerable Persons Unit and expansion of the King Edward Memorial Hospital.
Bolivia, known to have the largest reserves of lithium, has offered the metal –used in making batteries of electric vehicles, laptops and smart phones– to India. Ambassador to India, Sergio Dario Arispe Barrientos, said Bolivia has the largest deposit of Lithium and India could explore this opportunity.
BMW and Hyundai Motor urged the U.S. not to impose tariffs on auto imports, joining General Motors Co. in pressing their case to the Commerce Department even as a top aide to President Donald Trump dismissed the concerns as “smoke and mirrors.”
Boeing has unveiled a sleek, new hypersonic passenger plane capable of crossing the globe in hours and which could be available in 20 to 30 years.The US manufacturer says the concept could have passenger or military applications and is one of several its engineers are studying.
Influential EU states such as Germany, France and Spain will block any attempt by the UK to remain within the single market for goods without freedom of movement, the Spanish Foreign Minister has said. Josep Borrell said that some smaller EU states might privately be willing to negotiate reform of the bloc’s free movement rules in order to keep easy access to UK products.
Argentina’s benchmark MerVal stock index closed down 8.8% on Wednesday, its worst daily performance since early 2014, as concerns about trade tensions between the United States and China prompted a selloff across emerging market assets.
Brazilian state oil company Petrobras announced Monday that it would pay almost 3 billion U.S. dollars in reparations to U.S. investors who were harmed by the corruption ring within the firm. Brazil's largest company was sued in a class action lawsuit, which was approved on June 22 by a federal court in New York.
British lawmakers on Monday approved plans to expand Heathrow Airport near London after years of study and debate, but the construction of a third runway still faces significant hurdles.
Health Secretary Jeremy Hunt has said that “threats” by business over Brexit are “completely inappropriate”. He was responding to warnings by Airbus and BMW that investments in the UK could be jeopardized by Brexit uncertainty.
The head of Nato has called on Britain to continue investing in defense amid claims that Theresa May has questioned the UK’s role as a leading military power. In a speech in London, Jens Stoltenberg said he expected the UK to continue playing a major international role.