Stories for 2018

Thursday, May 31st 2018 - 07:40 UTC
Deal to compensate one of the world's most indebted oil company

Petrobras and Brazil’s government are “very close” to resolving a long-running dispute over an oil-rich offshore area, a deputy minister said, dismissing concerns a fuel pricing crisis had emerged as an obstacle in talks.
Thursday, May 31st 2018 - 07:20 UTC
Total denied environmental license to drill at the Amazon basin

Brazilian environmental agency Ibama this week rejected French oil company Total SA’s application for an environmental license to drill in the ecologically sensitive Foz do Amazonas basin. It is the fourth time that Ibama has rejected the application and requested additional information.
Thursday, May 31st 2018 - 07:11 UTC
Coca Cola supports Macri with US$ 1.2bn, 2019/2021, investment pledge

Coca-Cola announced it would increase its investments in Argentina over the next three years, giving embottled President Mauricio Macri’s government a boost at a difficult time.
Thursday, May 31st 2018 - 07:02 UTC
Brazil's strike: massive losses: 70m chickens slaughtered; exports of soy, sugar and coffee cancelled

Striking truckers in Brazil have disrupted supplies and exports from one of the world's agricultural powerhouses, triggering the premature slaughter of millions of chickens as feed failed to reach farmers. The strike over high fuel prices has paralyzed Brazil, the top global exporter of soybeans, sugar, coffee and chicken.
Thursday, May 31st 2018 - 06:28 UTC
We have neglected Latin America's realms of gold for too long - Brexit can change that

By Boris Johnson (*) The Foreign Secretary writes in the Telegraph about his recent trip to Latin America, and the unique opportunities the region presents for the UK. Much have I travelled in the realms of gold, and many goodly states and kingdoms seen – 67, to be exact, since I have been Foreign Secretary.
Wednesday, May 30th 2018 - 09:39 UTC
Brazilian military “not worried”, with strikers; protests are protected by the Constitution

Brazil's Minister of Institutional Security Sergio Etchegoyen on Tuesday rejected calls to deploy military troops to break up protracted nationwide protests against fuel price hikes. Etchegoyen, a general appointed by President Michel Temer, said such a heavy-handed response was outdated.
Wednesday, May 30th 2018 - 09:37 UTC
State of the Nation: “incredibly exciting time for the Falkland Islands and its people”

On Tuesday May 29, Governor Nigel Phillips CBE addressed the elected Legislative Assembly of the Falkland Islands with a message on the State of the Nation.
Wednesday, May 30th 2018 - 09:35 UTC
Petrobras workers Wednesday strike was declared illegal

Brazil’s Superior Labor Court (TST) ruled on Tuesday that a 72-hour strike planned by workers of state-run oil company Petrobras was illegal, the office of the government’s solicitor general said.
Wednesday, May 30th 2018 - 09:26 UTC
Global markets and the Euro his hard by the Italian political stalemate

Asian equities and the euro sank Wednesday as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row. Global markets have been sent into a tailspin as a political crisis unfolding in Rome has thrust the stability of the Euro zone and European Union back on to the agenda.
Wednesday, May 30th 2018 - 09:19 UTC
Falklands 2018/19 budget reflects strength of the Islands economy

The following is the Budget 2018/19 presentation made by the Falkland Islands Financial Secretary, James Wilson.