Stories for August 8th 2023

Tuesday, August 8th 2023 - 19:42 UTC
FIC revenue climbs 37%; expects a strong return of tourism to the Falklands

FIH Group PLC on Monday reported higher profit and revenue amid an optimistic outlook, Alliance News has informed. The specialist services group with businesses in the UK and the Falkland Islands said pretax profit in the financial year to March 31 jumped 48% to GBP4.0 million from GBP2.7 million a year prior.
Tuesday, August 8th 2023 - 19:36 UTC
Canada's Alberta follows Australia and drops out as host for 2030 Commonwealth Games

The government of the Canadian province of Alberta has pulled its support for a bid to host the 2030 Commonwealth Games, due to rising costs. A joint bid was being considered by the Canadian province, centered around the cities of Edmonton and Calgary.
Tuesday, August 8th 2023 - 15:18 UTC
Record export of Brazilian food commodities, but prices are falling

Brazilian primary goods exports could surpass last year's export record of US$ 159 billion, be it not for the sharp drop in commodity prices on the foreign market.
Tuesday, August 8th 2023 - 14:30 UTC
Falklands Tussac House construction on track; residents should move in June 2024

Construction progress for Tussac House is on track and they hope to see residents moving in June 2024 said Director of Health and Social Services Tom Bale at a meeting of the Health and Medical Services Committee.
Tuesday, August 8th 2023 - 14:14 UTC
Home Office confirms Ascension Island plan for asylum seekers has been revived, “times change”

London media is reporting a Home Office minister confirmed the UK Government is looking at “additional measures” following reports that plans to send asylum seekers to Ascension Island could be revived.
Tuesday, August 8th 2023 - 10:49 UTC
Argentina: “Blue” dollar closes in on AR$ 600 threshold

The “blue” (a euphemism for “black market”) dollar rose sharply on Monday and closed at AR$ 596, thus reaching a new all-time high ahead of next Sunday's Simultaneous, Mandatory, and Open Primary (PASO) elections, it was reported in Buenos Aires. The gap with the official quotation stood at 110.8%.
Tuesday, August 8th 2023 - 10:36 UTC
Argentina: mining and crude oil production grow in first semester of 2023

According to a study by Argentina's National Institute of Statistics and Census (Indec) released Monday, the mining industrial production index (IPI minero) reported a 10.7% year-on-year increase from June 2022 while crude oil production rose 8.2% interannually. Overall, industrial production of hydrocarbons and mining had an 11% increase in the first semester of 2023.
Tuesday, August 8th 2023 - 10:28 UTC
Bolsonaro appeals TSE disenfranchisement

Former Brazilian President Jair Bolsonaro's legal team Monday filed an appeal against the Superior Electoral Court (TSE) decision by 5 votes to 2 to disenfranchise him for eight years for abuse of power and fraudulent use of public resources, it was reported in Brasilia. With this disqualification, Bolsonaro is ineligible to run for any office until 2030.
Tuesday, August 8th 2023 - 10:25 UTC
Brazil's Central Bank launches digital currency plan

Brazil's Central Bank (BCB) Monday announced a new digital currency for South America''s largest country, which will be called “Drex” and is not expected to reach account holders before late 2024, Agencia Brasil reported.
Tuesday, August 8th 2023 - 10:19 UTC
Regional leaders convening in Brazil to prevent rainforest destruction

Leaders from Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela, which make up the Amazon Cooperation Treaty Organization (ACTO) are to convene Tuesday and Wednesday in Belém, the capital of the Brazilian state of Pará to discuss a new development model to put an end to the cycle of destruction that is devastating the largest tropical forest on the planet.