
The Falkland Islands government preferred choice for a second commercial flight to the South American continent has met with contrasting opinions as to the practical and potential future consequences of the Sao Paulo destination.This was clearly expressed in the Letters chapter of the Penguin News. One of them comes from the FI Chamber of Commerce, and the second from the main importer of fresh produce to the Islands.

Argentina's President Mauricio Macri is acknowledging for the first time that the country's annual inflation rate will be 30%. Macri said Tuesday that the high consumer prices unfortunately are a product of this storm. He was referring to a sharp devaluation of Argentina's currency and a recent run on the Peso.

China's offer of financial support to Argentina is the latest example of the Asian nation filling a vacuum in what has traditionally been the backyard of the U.S. While President Donald Trump has not paid a visit to Latin America since his inauguration in January 2017, China has stepped up its financial assistance to Argentina and worked to strengthen their trade ties.

Leaders from the BRICS bloc of emerging economies share a positive outlook on Argentina's embattled economy, President Mauricio Macri said on Monday. Macri added that leaders from BRICS members - Brazil, Russia, India, China and South Africa - meeting in Johannesburg for the July 25-27 summit also expressed their support for the Argentine government's economic strategy.

Argentina's hydrocarbons company YPF is facing a fresh lawsuit in the United States, this time for US$14bn, which is twice the market value of the state oil firm, over alleged corporate restructuring that the company was said to have carried out several years ago.

Argentina and Spain have signed a fisheries and aquaculture bilateral cooperation Memorandum of Understanding. The MoU was stamped in Buenos Aires during the recent G20 Agriculture, Livestock and Fisheries ministerial meeting by Argentina's Luis Miguel Etchevehere and Spain's Luis Planas.

Family of the only Argentine naval officer killed and buried in South Georgia during the 1982 South Atlantic conflict will soon be able to visit their father's grave in Grytviken, according to reports in the Buenos Aires media.

G20 agriculture ministers begin this Friday in Buenos Aires a two day meeting to draw up a roadmap to achieve a sustainable food future, one of the three priorities of the Argentine G20 presidency. These include comprehensive and responsible soil management, food waste reduction and the role of technology in agriculture.

The Falkland Islands government announcement that it has chosen Latam as preferred operator to provide a second commercial flight between the Islands and the continent, with a stopover once a month in Argentina, did not come without a reaction from the Argentine government.

The Chilean/Brazilian Latam airline has been chosen by the Falkland Islands Government as the preferred operator to provide a second commercial flight between the Falkland Islands and South America. The official announcement was made on Thursday, 26 July.