Stories for 2017

Wednesday, January 11th 2017 - 08:29 UTC
Macri announces program to boost development of Vaca Muerta shale formation

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.
Wednesday, January 11th 2017 - 08:17 UTC
Falkland Islands marks calendar of 2017 key anniversaries

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.
Wednesday, January 11th 2017 - 08:00 UTC
FIFA agrees 2026 World Cup will have 48 teams; Europe clubs' association objects

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.
Wednesday, January 11th 2017 - 07:47 UTC
Gibraltar has a right to reject shared sovereignty, admits Spanish minister: “we need to be realistic”

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.
Wednesday, January 11th 2017 - 07:32 UTC
Pound continued to slump on Tuesday; Dollar recoups waiting for Trump's media conference

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.
Wednesday, January 11th 2017 - 07:19 UTC
The German Lady replies to PM May: “no negotiations based on cherry picking”

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.
Wednesday, January 11th 2017 - 06:48 UTC
Falklands remembers 34th anniversary of Margaret Thatcher's first visit to the Islands

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”.
Tuesday, January 10th 2017 - 17:34 UTC
Morgan Stanley anticipates a 133%/258% stock market return in Argentina in five years

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.
Tuesday, January 10th 2017 - 09:52 UTC
Tony Mason, ex Falklands' Tourist Board, named CEO Latin American Travel Association

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.
Tuesday, January 10th 2017 - 09:31 UTC
Trump's son in law in White House “key leadership role”; the property developer is described as “a tremendous asset”

President-elect Donald Trump has named his son-in-law, Jared Kushner, as one of his senior White House advisers. The 35-year-old played a key role in the presidential campaign and his new White House job will cover both domestic and foreign policy. Mr. Kushner, who is married to Ivanka Trump, is a property developer with a wide range of business interests.