Economy

Friday, July 17th 2020 - 07:27 UTC
Argentina suspends beef export to China from eight plants following on Covid 19 cases

Argentina’s food quality and safety body have suspended exports to China from eight meatpacking plants after cases of the novel coronavirus were detected among employees.
Friday, July 17th 2020 - 07:09 UTC
Falklands' South Atlantic air bridge: more seats available for civilians

In light of the recent unavoidable disruptions to the South Atlantic Air Bridge (SAA) schedule, British Forces South Atlantic Islands (BFSAI) have been looking at options to increase the frequency of access to Southbound flights for Falkland Islands Government (FIG) fare-paying passengers.
Friday, July 17th 2020 - 04:41 UTC
Falklands Seafood industry faces environment of uncertainty

The Falkland Islands Seafood industry continues to face an environment of great uncertainty, Falkland Islands Fishing Companies Association (FIFCA) Executive Secretary James Bates told Penguin News this week.
Thursday, July 16th 2020 - 09:39 UTC
Riots in Santiago as congress considers bill to allow Chileans to withdraw part of their pension funds

Protesters in Santiago defied a citywide lockdown meant to combat the spread of the coronavirus, barricading roads and looting early into the morning on Wednesday in support of a proposal to allow Chileans to withdraw part of their pensions amid the crisis.
Thursday, July 16th 2020 - 09:18 UTC
Eight Overseas Territories, including Falklands, committed to improve corporate transparency

Ministers updated Parliament on Wednesday on a major step forward by the UK’s Overseas Territories to help improve global corporate transparency. The written statement welcomes commitments from eight Overseas Territories to introduce publicly accessible registers detailing who owns the companies in their Territory.
Thursday, July 16th 2020 - 09:09 UTC
Chinese economy grows 3,2% in second quarter year-on-year; follows on steep slump of 6,8% in first quarter

China's economy grew 3.2% in the second quarter from a year earlier, data showed on Thursday, recovering from a record contraction as lockdown measures ended and policymakers stepped up stimulus to combat the shock from the coronavirus crisis.
Thursday, July 16th 2020 - 09:00 UTC
UK anticipates sweeping tax cuts and planning ten new “free-ports”, after final divorce with EU

British finance minister Rishi Sunak is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up to 10 new “free-ports” within a year of the UK's becoming fully independent from the European Union in December, the Sunday Telegraph said.
Thursday, July 16th 2020 - 09:00 UTC
Chilean lawmaker celebrates passing of a bill liberating 10% of pension funds

Chilean lawmaker launched hundreds of internet memes on Wednesday when she ran through congress wearing a pink cape and waving matching fans to celebrate passage in the lower house of a coronavirus emergency aid measure.
Thursday, July 16th 2020 - 06:32 UTC
London to announce the return of EU reclaimed regulatory powers to Scotland, Wales and Northern Ireland

Britain will publish plans this Thursday to keep trade flowing freely between its constituent nations when regulatory powers are reclaimed from the European Union at the end of the year and redistributed to devolved governments in Scotland, Wales and Northern Ireland.
Thursday, July 16th 2020 - 06:23 UTC
Apple scores major win: European court rejects order for iPhone maker to pay 13bn Euros in Irish back taxes

Apple scored a major win on Wednesday as Europe's second-highest court rejected an EU order for the iPhone maker to pay 13 billion euros (US$15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals.