For the second day running the Argentine Peso was virtually worthless in neighboring Uruguay foreign exchange houses. On Tuesday the Argentine Peso was worth zero, and on Wednesday there was a modest ten Uruguayan cents offered for the battered Argentine currency.
Argentina’s economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.
The Falkland Islands Government provided details on Wednesday of a range of support schemes designed specifically to mitigate the effects of the global pandemic on tourism businesses, operators, and employees over the next twelve months, as well as prepare the sector to take advantage of renewed demand in 2021 and beyond.
US President Donald Trump on Wednesday refused to clearly guarantee a peaceful transfer of power should he lose the upcoming US election in November to Joe Biden.
The Falkland Islands Government is pleased to announce the establishment of a Committee for the 40th Anniversary of the Liberation of the Falkland Islands. Chaired by former MLA Phyl Rendell, the Committee will be responsible for agreeing the framework for what will be a year-long programme of celebration and commemoration in 2022. The Committee will ensure that events and activities are coordinated and that everyone across the Falkland Islands – as well as friends overseas – can contribute.
US President Donald Trump announced new sanctions related to Cuba on Wednesday that will prohibit Americans from staying at properties owned by the Cuban government as well as the import of Cuban cigars and liquor.
US Secretary of State Mike Pompeo on Wednesday accused China of trying to foment unrest in the United States through its criticism of racism. Pompeo, known for his hawkish views on China, went on the attack on Beijing in an unusual address to state lawmakers in Wisconsin, a crucial swing state in November's presidential election.
The cost of China's much-loved pork rib dishes is soaring after Beijing suspended imports of pig meat from major supplier Germany, hurting restaurants still recovering from the coronavirus hit earlier this year.
The World Health Organization (WHO) together with the UN, specialized agencies, and partners called on countries to develop and implement action plans to promote the timely dissemination of science-based information and prevent the spread of false information while respecting freedom of expression.
The Falkland Islands Tourist Board has also worked alongside the Government to identify ways in which it too could assist with helping position the sector to take advantage of demand in 2021/22 and beyond. To this end the tourist board has reallocated existing budgets and earmarked funds totaling £380,000 as follows: