Stories for 2017

Monday, August 28th 2017 - 08:56 UTC
Third round of Brexit talks in Brussels with not much flexibility from either side

Brexit Secretary David Davis is heading for a Brussels showdown, with a demand for the European Commission to be more “flexible” in negotiations on the UK’s withdrawal from the EU. With the third round of formal talks beginning on Bank Holiday Monday in the Belgian capital, Davis is pushing for EU negotiator Michel Barnier to be less rigid in his refusal to discuss the post-Brexit relationship between the UK and Europe.
Monday, August 28th 2017 - 08:39 UTC
Scottish cautious reply to Labour's “transitional period” proposal for Brexit

Scotland First Minister Nicola Sturgeon has given a cautious welcome to a change of emphasis from Labour on Brexit, which has said it would advocate the UK remaining within the EU's single market and the customs union “for a transitional period”.
Monday, August 28th 2017 - 08:30 UTC
Famous faces and new endemic Falklands species revealed at Birdfair

Famous names including Sir David Attenborough, Bill Oddie, Chris Packham, Simon King and Nigel Marvin were all attendees of Birdfair where Falklands organizations annually promote the wealth of wildlife around the Islands.
Monday, August 28th 2017 - 07:52 UTC
Falklands: Premier Oil is asking for export funds to develop Sea Lion, reports Financial Times

The Financial Times is reporting that Premier Oil is negotiating with the UK government about securing export finance to fund just over half of the US$1.5bn investment needed to develop a large oilfield in waters north of the Falkland Islands. If all works out as planned first oil in the Falklands would be in 2021.
Sunday, August 27th 2017 - 09:28 UTC
Guilford will export 90 iconic red double-decker buses for Mexico

UK-based vehicle manufacturing outfit Alexander Dennis will be exporting 90 iconic red double-decker buses to Mexico, the company confirmed on Wednesday. The contract was backed by an equivalent £44m finance deal via UK Export Finance – part of the Department for International Trade - which has provided £1.7bn of backing to businesses since the department's creation in 2016 to “help businesses export post-Brexit”.
Saturday, August 26th 2017 - 16:50 UTC
Yellen defends 2008 financial regulations, but cuts her reappointment chances with Trump

Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending.
Saturday, August 26th 2017 - 10:53 UTC
Colombia, Chile and Uruguay with the lowest money laundering risks in Latam

An annual report by one of the world’s leading institutions working against financial crimes ranks countries around the world in terms of their money laundering risk levels, providing a sense of where Latin American nations stand when it comes to this important aspect of combating organized crime.
Saturday, August 26th 2017 - 10:44 UTC
Ex Irish president says Brexit is like “pulling a tooth with 10.000 roots”

Former Irish President Mary McAleese has said she would be heartbroken if Brexit meant she would have to show an identity card when crossing the border. She fears checks between NI and the Republic of Ireland are an inevitable consequence of the UK leaving the EU.
Saturday, August 26th 2017 - 08:17 UTC
Maduro reacts to Trump's sanctions: “we will sell our oil to other markets”

Venezuela's President Nicolás Maduro has said that a preliminary analysis shows that new financial sanctions imposed by the United States will lead to a halt in oil exports to the US. President Trump's order bans trade in Venezuelan debt and blocks its state oil firm from selling bonds in the US.
Saturday, August 26th 2017 - 08:04 UTC
30.000 EU nationals apply to become British citizens since Brexit vote

Nearly 30,000 EU nationals applied to become British citizens in the 12 months after last summer's Brexit vote - almost double the number of the previous year. Home Office statistics show 28,502 such applications between July 2016 and June 2017, up 80% from 15,871 in 2015-16. The total number of applications, from all nationalities, fell by 8%.