Change only happens when ordinary people get involved, get engaged and come together to demand it, said Barack Obama in his final address to the country and the world as president. I am asking you to believe. Not in my ability to bring about change – but in yours Obama outlined in a speech that was both a tearful goodbye and a call to arms.
Argentina's government has agreed to extend a natural gas wellhead price subsidy until 2020 and reduce labor costs in a bid to jumpstart investment in the Vaca Muerta shale formation. The agreement, reached between the national government, the provincial government of Neuquen, industry and labor unions, comes at a time of lackluster upstream activity, reflecting an uncertain price environment and cost concerns.
The Falkland Islands government, FIG, has recalled that 2017 marks a number of key anniversaries in the Islands, including the 35th Anniversary of the Falklands War. There is currently a small working group looking to coordinate remembrance events in Stanley, though much of what is planned will be as normal and will continue to be due to the work done year-on-year by a wide range of volunteers and groups.
FIFA's ruling body has voted unanimously to expand the World Cup from 32 to 48 teams in 2026. The FIFA Council approved the plan at its meeting Tuesday in Zurich. Under the new format, there will be 16 groups of three teams. A knockout stage for 32 teams will follow.
Spain has little prospect of gaining joint sovereignty over Gibraltar, Spanish Foreign Minister Alfonso Dastis said this weekend as he acknowledged that Gibraltarians “have a right” to reject the offer. In an interview with the leading Spanish newspaper El País, the foreign minister insisted any post-Brexit relationship between Gibraltar and the EU must first be agreed by the UK and Spain.
The British Pound slumped lower on ongoing Brexit worries on Tuesday, while the US Dollar recouped some of its recent losses as investors wait for President-elect Donald Trump's first press conference Wednesday. While Trump's Twitter account has been active since he won the keys to the White House and given clues to his policies, Wednesday's press conference will give Trump the platform to explain his tax and spending plans.
German Chancellor Angela Merkel has stepped up pressure on Theresa May over Brexit by saying that the European Union must consider limiting UK access to the single market if it fails to accept free movement of EU citizens. The chancellor repeated her mantra that there must be no negotiations based on “cherry picking” of the Union’s four freedoms of movement for capital, goods, services and people.
The Falkland Islands government remembered on Tuesday. the 34th anniversary of the first visit of ex prime minister Margaret Thatcher to the Islands. Flowers were laid by the Falklands government office representative in London, Sukey Cameron, MBE.Flowers laid to mark #MargaretThatcherDay #Falklands. 10th January 1983 she first visited the Islands.@FalklandsGov.
Investors betting on Argentina's stock market could make a return of 258% in five years, according to analysts at Morgan Stanley. Argentina is returning to economic and political normality after years in the capital markets wilderness following its 2002 debt default and financial collapse, Morgan Stanley said in a note to clients.
Tony Mason has been appointed to the role of Chief Executive Officer for the Latin America Travel Association. He is the former Chief Executive Officer of the Falkland Islands Tourist Board. Mason will support the Chair, Byron Shirto and Executive Committee in the governance of the Association.