The Falkland Islands Government is pleased to confirm that, following a detailed review of updated fiscal and economic information, supported by a process of confidential interviews with FIG officers and other stakeholders, including representatives of the business community, S&P Global Ratings have confirmed the sovereign rating for the Falkland Islands remains at A+ with a stable outlook.
Following an extraordinary sitting of ExCo, it has been approved for Fenix Insight Ltd to provide a qualified Explosive Ordnance Disposal (EOD) Adviser for the development works of Bennett’s Paddock. This decision follows the discovery of a number of unexploded munitions while excavation work has been undertaken to develop properties.
Heads of State and Government convened in Santo Domingo for the XXVIII Ibero-American Summit which is focused on post Covid-19 pandemic economic recovery in a world hit by the conflict between Russia and Ukraine.
Former Brazilian President Dilma Rousseff has been elected Friday to head the New Development Bank (NDB), also known as the BRICS Bank to replace Marcos Troyjo, who had held the post since July 2020. Rousseff will remain at the helm of the Shanghai-based financial institution until the end of Brazil's mandate in July 2025. Each BRICS country (Brazil, Russia, India, China, and South Africa) chairs the bank for rotating five-year terms. She will take office later next week during President Luiz Inácio Lula Da Silva's visit.
Brazilian President Luiz Inácio Lula Da Silva postponed his departure for China after being diagnosed with a mild case of pneumonia, Agencia Brasil reported.
Former President Jair Bolsonaro will be returning to Brazil on March 30 after leaving the country in late December even before completing his 4-year term as head of state, in a move to avoid attending current President Luiz Inácio Lula Da Silva's Jan. 1 inauguration, it was announced.
Former Paraguayan President and current Senator Fernando Lugo returned to Asunción Friday on a private flight after eight months of medical treatment in Buenos Aires for a brain stroke. Little over a month before the April 30 elections, opposition politicians still wonder whom the former Catholic bishop will favor: former Foreign Minister Euclides Acevedo (New Republic) or Efraín Alegre (National Concertation)
The Customs & Immigration Service would like to inform the public that a strike is planned by staff of the UK Passport Office for five weeks between 3 April to 5 May in England, Scotland and Wales – in a dispute about jobs, pay and conditions. A quarter of the Passport Office’s 4000 employees are expected to take part in the strike.
The annual monitoring mission of the International Monetary Fund (IMF) recently concluded its nearly two-week visit to Montevideo, providing a positive assessment of Uruguay's economy and the government's reform efforts. However, the mission also gauged the pulse of Uruguay's political landscape ahead of the 2024 elections, weekly newspaper Búsqueda informed.
The Organization of American States (OAS) denounced this week that some 37 million people in the region lacked drinking water and cited climate change as a possible cause.