Stories for 2020

Friday, July 31st 2020 - 10:30 UTC
Falklands 2,9% deflation in the second quarter, as a result of Covid-19 measures

The Falkland Islands Retail Price Index, RPI, dropped by 2,9% in the second quarter of 2020, as a result of Covid-19 support measures, Standing Financial Committee members were informed this week.
Friday, July 31st 2020 - 10:30 UTC
Latin America should focus on digital technologies, recommends IADB

Latin American should turn its infrastructure investment focus toward digital technologies and away from physical infrastructure to stimulate its economic recovery after the coronavirus pandemic, the Inter-American Development Bank (IADB) said on Thursday.
Friday, July 31st 2020 - 10:30 UTC
Ian Duddy arrives to lead the British Embassy team in Chile

Mr. Ian Duddy has been appointed Ambassador to the Republic of Chile in succession to Mr Jamie Bowden. Mr Duddy’s priorities will be focused on UK-Chile co-operation in response to the Coronavirus crisis, including efforts for a clean, resilient global economic recovery and promoting meaningful action to tackle climate change in the lead-up to the COP26 UN climate conference hosted in Glasgow in November 2021 by the UK in partnership with Italy.
Friday, July 31st 2020 - 10:29 UTC
Falklands donations to Uruguayan and Chilean Covid-19 charitable organizations

The Falkland Islands government had made donations to Uruguayan and Chilean Covid-19 charitable organizations that support Covid victims in the two countries. The decision was agreed this week by the Standing Financial Committee and involved 5,000 pounds to each of the organizations in the two South American neighbors.
Friday, July 31st 2020 - 10:20 UTC
Lack of political stability in Guyana is delaying expected oil output

Guyana’s crude production has reached 100,000 b/d, 25% up on June, energy department director Mark Bynoe revealed even as the country continues to see an announcement on the 2 March, 2020 election results pushed further and further into the year.
Friday, July 31st 2020 - 10:10 UTC
Falklands government supports farmers by purchasing 50% of unsold wool

Sixty seven farms have taken up the offer from Falkland Islands government, FIG, to purchase their wool clip in relation to Covid-19 support for the Agricultural sector.
Friday, July 31st 2020 - 10:04 UTC
London based Cuban government bank blacklisted by US administration

The United States announced sanctions on Thursday against Havin Bank LTD, a London-based Cuban entity also known as Havana International Bank, dealing a blow to the Cuban financial system.
Friday, July 31st 2020 - 09:57 UTC
Kiwi fishermen back from Falklands, must complete 28 days quarantine before landing

The mission to retrieve 15 Kiwi fishermen from the South Atlantic Ocean is almost at an end, with the San Aotea II anchoring off the coast of Timaru, in New Zealand's southern island, a day ahead of schedule.
Friday, July 31st 2020 - 09:53 UTC
US economy suffers it biggest blow since the Depression in the second quarter

The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus.
Friday, July 31st 2020 - 09:43 UTC
Brazilian payments startup Ebanx expands operations to Uruguay

Payments startup Ebanx, one of Brazil’s latest fintech to achieve “unicorn” status, has expanded its operations to Uruguay, announced. Founded in 2012, Ebanx focuses mainly on processing local payments from clients of global websites like Alibaba Group Holdings’ AliExpress retail service, home-sharing site Airbnb, and music-streaming service Spotify Technology.