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Montevideo, October 28th 2016 - 02:33 UTC


  • Monday, September 12th 2016 - 06:33 UTC

    Trade, investments and Falklands in Sir Alan Duncan's agenda in Buenos Aires

    Sir Alan Duncan will also be at the opening of a business and investment conference which will be attended by a delegation of forty top British companies

    UK Foreign Office minister of state for the Americas and the Falkland Islands, Sir Alan Duncan begins this Monday a full agenda of activities in Buenos Aires with the purpose of promoting business, investments and normalizing bilateral relations, after more than a decade of distant when not frozen links under the Kirchner couple administrations. The Falkland Islands issue is also expected to be addressed but with “a constructive spirit”.

  • Saturday, September 10th 2016 - 11:47 UTC

    Falklands' response to Malcorra's statements of air links to Argentina and the oil industry

    ”The Falkland Islands Government (FIG) has seen the articles in the media attributed to the Argentine Foreign Minister, Susana Malcorra.

    The Falkland Islands Government has acknowledged it is aware of media coverage of Argentine foreign minister Susana Malcorra referred to proposals of possible air links between the Islands and Argentina as well as talks on other areas of interest such as the fishing and hydrocarbons industries.

  • Thursday, September 8th 2016 - 03:35 UTC

    Nicola's message to Theresa: Scotland's referendum on independence back on the table

    The bill would then be ready for “immediate” introduction if it becomes clear that there was voter support for Scottish independence, Sturgeon said

    The Scottish government will start preparing the legislation required for a new referendum on independence from the United Kingdom in case it is needed, First Minister Nicola Sturgeon told the Scottish parliament on Tuesday. Last week Sturgeon said her party would start a survey to test support for secession, questioning at least two million Scots just as Britain negotiates its exit from the European Union.

  • Wednesday, September 7th 2016 - 19:14 UTC

    FIFA prunes salaries and perks of top officials: US$ 1.53 for Infantino

    Infantino also gets a car and lodgings paid during his term of office and “expenses in accordance with FIFA’s expenses regulations ($2,000 per month)”

    Gianni Infantino has accepted a salary of US$1.53 million a year, with FIFA No.2 Fatma Samoura set to receive US$1.3 million. Under the contract, Infantino also gets a car and lodgings paid during his term of office and “contribution for expenses in accordance with FIFA’s expenses regulations ($2,000 per month)”.Samoura has the same benefits but lodgings are not included.

  • Wednesday, September 7th 2016 - 18:45 UTC

    Chinese group ready to purchase shrimp vessels and plants in Patagonia

    Conapesca plans to sell its shrimp fishing freezer fleet plus two processing plants in Puerto Madryn and Rawson, reports Revista Puerto.

    Argentine fishing company Conapesca has almost settled a trade agreement with a Chinese state-owned investment group, to whom it would sell its shrimp fishing freezer fleet, reports Revista Puerto. According to the report the Chinese company has been assessing the state of the shrimper fleet at its port base in Puerto Madryn.

  • Wednesday, September 7th 2016 - 17:54 UTC

    Falkland Islands Holdings declares lower profitability; plans name change

    FIH Plc said the timing of the name change was “heavily linked to a recovery in the oil price” and recent progress by Premier Oil PLC was “very encouraging”.

    Falkland Islands Holdings PLC on Thursday tabled plans to change its name to FIH Group PLC, as it said profitability in the first five months of its financial year was at a lower level than the prior year. Falkland Islands Holdings, which owns services businesses based in the UK and the Falkland Islands, said it will change its name to FIH Group, subject to shareholder approval, to “more properly reflect the balance of the group's activities”. Its activities are now predominantly in the UK and Europe.

  • Wednesday, September 7th 2016 - 17:00 UTC

    Brazil's central bank sounds more flexible on the world's highest interest rates

    Last week, the central bank kept its benchmark Selic rate steady at 14.25% for the ninth straight time in a bid to lower inflation that is near 9%.

    The Brazilian central bank said on Tuesday that future interest rate cuts will not depend on any single factor, signaling that policymakers are ready to ease monetary policy as inflation expectations improve. In the minutes of its last rate-setting meeting, the bank said all members were satisfied with the progress of disinflation, but remained cautious about high inflation expectations for 2017.

  • Wednesday, September 7th 2016 - 13:41 UTC

    Montevideo will have a specific fishing terminal and freezing storage by 2019

    A blueprint of the extended fisheries terminal planned to the west of the current facilities in the port of Montevideo

    Uruguay plans to build a major terminal for the fishing industry, with sufficient freezing capacity, in the Capurro Park, approximately a mile to the west from the current mooring facilities in the Montevideo bay port.

  • Tuesday, September 6th 2016 - 17:17 UTC

    Meirelles invites foreign investors to take advantage of US$ 269bn opportunities

    “The historical trend is for Brazil to have substantially faster growth rates and we will work to have growth back to an average of 4%” Meirelles said.

    Brazil's economy could grow 2.5% in 2018 and expand at an even faster rate over the following years, Finance Minister Henrique Meirelles said at a seminar in Shanghai.

  • Wednesday, August 31st 2016 - 13:54 UTC

    China expects G20 summit confirms its world standing, but admits vulnerable flanks

    Beijing wants the G20 meeting to lay out a broad strategy for global growth, but it could be overshadowed by arguments from territorial disputes to protectionism.

    China is hoping to cement its standing as a global power when it hosts leaders from the world's biggest economies this weekend, but suspects the West and its allies will try to deny Beijing what it sees as its rightful place on the international stage. Ensuring that this does not happen will be one of President Xi Jinping's priorities, and a key mark of how successful China will judge the G20 summit to be.