Economy

• Saturday, February 29th 2020 - 07:40 UTC

  Falklands' government and fishing companies agree accord to underpin future of the industry

  

  The Falkland Islands Government (FIG) and the Falkland Islands Fishing Companies Association (FIFCA) have agreed an Accord to underpin the future of the industry. The Accord acknowledges that the Falkland Islands has a strong commitment to quality, sustainability and the environment.

• Saturday, February 29th 2020 - 05:49 UTC

  Argentina planning a ferry linking Santa Cruz province with Tierra del Fuego

  

  Argentina is considering establishing a direct connection between the Patagonian provinces of Santa Cruz and Tierra del Fuego, thus avoiding the need to cross Chilean territory, as happens currently.

• Friday, February 28th 2020 - 07:55 UTC

  IMF mission arrives in Buenos Aires next Monday to continue negotiations

  

  The International Monetary Fund will send another mission to Argentina to continue debt strategy talks and discuss “next steps,” IMF spokesman Gerry Rice said on Thursday, as the country seeks to renegotiate its US$ 57 billion financing package.

• Friday, February 28th 2020 - 06:02 UTC

  Argentine Patagonia lamb and mutton admitted into the Chinese market

  

  China approved the necessary sanitary protocols and authorized the sale of lamb, mutton and sub-products from sheep bred in Argentine Patagonia, according to Argentina's Agriculture ministry.

• Thursday, February 27th 2020 - 09:20 UTC

  Argentine president Fernandez announces meeting with his Uruguayan peer Lacalle Pou

  

  Argentine president Alberto Fernandez held a very positive phone conversation on Wednesday with Uruguayan president-elect Luis Lacalle Pou during which they analyzed the bilateral relation and the regional integration agenda.

• Thursday, February 27th 2020 - 08:49 UTC

  Brazilian markets reopen to a shock and the Real weakens to a new low

  

  Brazil's Real touched a record low on Wednesday as traders returned from the Carnival holiday only to be alarmed by concerns about the spread of the new coronavirus after Sao Paulo confirmed its first case. The Real weakened 1.1% to 4.4470 against the dollar, as it led declines among other Latin American currencies.

• Thursday, February 27th 2020 - 08:15 UTC

  The Challenges of Argentina’s Debt Renegotiation

  

  By Jose Antonio Ocampo (*) – By affirming that Argentina's public-sector debt is unsustainable, the International Monetary Fund has taken a critical step toward resolving the country's long-running crisis. Moving forward, one hopes that the Fund will realize its own role in the latest crisis and follow its own advice on when to pursue capital-market liberalization.

• Thursday, February 27th 2020 - 07:59 UTC

  UN: A third of Venezuelans with no access to minimum nutrition requirements

  

  About 9.3 million Venezuelans don’t have access to enough food to meet minimum nutrition requirements, according to a study from the United Nations.

• Thursday, February 27th 2020 - 07:57 UTC

  Mild recovery of Argentine industrial activity during January

  

  The argentine industrial activity stopped sliding last January after two full years of contraction and managed a 4.8% growth over a year ago, according to the latest review of the industry by the Foundation of Latin American economic research, FIEL. However, the overall Industrial Production Index ended the twelve months of 2019 with a 4.6% fall compared to 2018.

• Thursday, February 27th 2020 - 07:50 UTC

  Argentine farmers with a “deep sense of deception”, ahead of grains export tariffs

  

  Argentina's Ministry of Agriculture suspended on Wednesday the registration of agricultural exports until further notice, it said in a statement, a move that traders said likely foreshadowed a steep increase in grains export tariffs.