Economy

Wednesday, September 23rd 2020 - 08:30 UTC
Trump accuses China of unleashing Covid-19; Xi poses as global leader of multilateralism

U.S. President Donald Trump told the United Nations General Assembly on Tuesday that China must be held accountable for having “unleashed” COVID-19 on the world, prompting Beijing to accuse him of “lies” and abusing the U.N. platform to provoke confrontation.
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Wednesday, September 23rd 2020 - 08:24 UTC
Falkland Islands quarry enlists crushing and screening train from Sandvik

The Falklands Pony’s Pass Quarry is a busy site at the heart of industrial operations and produces 160,000 tons per annum of quartzitic sandstone using a state-of-the-art mobile crushing and screening train.
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Wednesday, September 23rd 2020 - 07:50 UTC
“Dear friends in London, please stop playing games”, Germany appeals

Germany’s Europe Minister Michael Roth urged Britain on Tuesday to drop plans for a bill that would break the country’s obligations to the European Union under its withdrawal treaty as time was running out to clinch an EU-Britain trade deal.
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Tuesday, September 22nd 2020 - 08:57 UTC
EU conditions ratification of trade deal with Mercosur: France and Germany lead objections

The European Union expects a clear commitment from Mercosur countries, particularly Brazil, that it will respect the sustainability issues included in the EU/Mercosur trade agreement, before any deal is ratified.
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Tuesday, September 22nd 2020 - 08:31 UTC
Mexican court unfreezes bank account of company blacklisted by US for trading with Venezuela

Mexican court has unfrozen the bank accounts of a local company blacklisted by the United States for trading in oil with Venezuelan state oil firm PDVSA despite US sanctions, Mexico's anti-money laundering unit said.
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Tuesday, September 22nd 2020 - 08:30 UTC
Trump admits he was prepared to adjust the dollar exchange rate to combat China's Yuan

U.S. President Donald Trump on Monday revealed he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its Yuan.
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Saturday, September 19th 2020 - 09:50 UTC
Argos Resources plans to request extension of North Falkland Basin license

Falkland Islands' based Argos Resources Ltd said on Friday its interim loss widened on foreign exchange movements, but it has enough cash to continue for another year as some costs have been delayed.
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Saturday, September 19th 2020 - 09:18 UTC
Egypt becomes one of the main suppliers of garlic to the Brazilian market

Egypt has become one of the main suppliers of garlic to Brazil, with data this year showing that in the first eight months the product sales have already exceeded US$ 5 million, according to SECEX, Brazil's foreign trade secretariat.
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Friday, September 18th 2020 - 08:55 UTC
Falklands new port: contractors unveil details of the major infrastructure project

The planned new port for the Falkland Islands to be constructed at Stanley Harbor was analyzed during a presentation this week to members of the public in the Town Hall, by a team from BAM Nuttall and Royal Haskoning, the companies responsible for the planning and construction of the project.
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Friday, September 18th 2020 - 08:55 UTC
World Bank chief economist estimates five years for economic recovery from the pandemic

The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday.
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