Economy

Saturday, September 28th 2019 - 09:59 UTC
Opposition candidate wants to re-profile Argentine sovereign debt following on Uruguay's case in 2003

Argentine presidential candidate Alberto Fernandez indicated he would tackle the country's debt problem by adopting a strategy similar to that of Uruguay, which successfully extended its bond maturities in 2003.
Saturday, September 28th 2019 - 09:40 UTC
China opens the world's largest terminal airport which is to handle 170m pax by 2025

China's new US$ 11 billion mega airport has opened its doors, days before the country's 70th-anniversary celebrations. The Daxing International sea star-shaped airport in the capital Beijing was formally opened by President Xi Jinping and is the largest in the world.
Saturday, September 28th 2019 - 09:00 UTC
Despite talks with UK envoy, EU and Ireland feel chances of a negotiated Brexit deal are fading

Hopes for a negotiated Brexit deal were fading on Friday as EU negotiator Michel Barnier separately met senior British and Irish ministers for another round of inconclusive talks. Britain is due to leave the European Union in less than five weeks.
Friday, September 27th 2019 - 09:58 UTC
Falklands' Chamber of Commerce Board elects Mike Summers as Chair

Ex-member of the Legislative Assembly Mike Summers was elected as Chair of the Falkland Islands Chamber of Commerce Board following the 2019 Annual General Meeting last week.
Friday, September 27th 2019 - 09:02 UTC
Delta Air Lines buys a 20% stake in LATAM Group for US$ 1.9bn

Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for US$1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.
Friday, September 27th 2019 - 08:53 UTC
Falklands' port facilities reopen following incident with trawler

Falkland Islands main sea terminal, FIPASS, (Falklands Interim Port and Storage System) this week resumed normal activity after the incident in which the trawler Pesca Vaqueiro collided with the dock on September 5.
Friday, September 27th 2019 - 08:46 UTC
PM Johnson collects a seventh setback in Parliament, but insists with his Brexit strategy

British Prime Minister Boris Johnson suffered yet another setback on Thursday after MPs rejected a request to briefly suspend business for his party's conference, highlighting the hostility he faces in parliament just weeks before Brexit. In his seventh successive defeat in parliament, MPs voted to reject his call for three days off next week to hold his Conservative party's annual conference in Manchester.
Friday, September 27th 2019 - 08:32 UTC
“Tourism and Jobs: a better future for all”

Official Message by UNWTO Secretary-General Zurab Pololikashvili. Tourism can help us build a better future for everyone. Around the world, the tourism sector is leading source of employment, supporting many millions of jobs and driving economies forward, both at the local and the national level.
Friday, September 27th 2019 - 07:50 UTC
International tourism generates US$ 5 billion every day to the global economy

Some figures from the UNWTO International tourism highlights will help to underscore the significance of this industry for the global economy. International tourist arrivals grew 5% in 2018, to reach the 1.4 billion mark, two years ahead of the World Tourism Organization’s long-term forecasts, according to the Highlights, 2019 Edition.
Friday, September 27th 2019 - 07:42 UTC
World Tourism Day, September 27, this year is celebrated in New Delhi

The following is the message from Prahlad Singh Patel, Minister of State (IC) for Tourism & Culture, Government of India. India is pleased to host the official celebrations of United Nations World Tourism Organization (UNWTO) World Tourism Day in New Delhi.