Israel and Colombia this week signed in Jerusalem a free trade treaty to increase trade and promote investments in the fields of technology. The treaty which was reached after fifteen years of intense negotiations now needs legislative approval which should be accomplished by early 2014 according to Israeli political sources.
Nicaragua is moving closer to granting a Chinese company a 100-year concession to build and operate a canal linking the Atlantic to the Pacific.
Construction of the waterway would take 10 years and cost 40 billion dollars.
Falkland Islands Holdings' shares rose on Monday after it posted an increase in underlying pre-tax profits and looked forward to 'an exciting future'. FIH reported underlying pre-tax profits of £3.29m for the year to the end of March - 1.9% up on last time.