Economy

• Friday, June 29th 2018 - 06:28 UTC

  Falklands' welfare and pension changes effective July 1st

  

  The Falkland Islands Treasury, following the publication of the 2018/19 Government Budget in April, reminds the public of the following welfare and pension changes that will be coming into force from 1 July onwards, and some further changes that will be effective from 1 January 2019 onwards.

• Friday, June 29th 2018 - 05:25 UTC

  “An unforgettable year for soybeans in Argentina”, yields and harvested area at its lowest

  

  Argentine soy yields and harvesting area have been chopped by drought to their lowest levels since the 2008/09 season, analysts said on Thursday, citing the effect of a four-month dry spell that suddenly gave way to floods in April.

• Friday, June 29th 2018 - 05:11 UTC

  President Vizcarra claims corruption costs Peru US$ 3 billion annually

  

  President Martin Vizcarra said that the Peruvian government will enforce a “zero tolerance” policy against corruption amid a spreading bribery scandal that has involved at least three former presidents.

• Friday, June 29th 2018 - 04:49 UTC

  Falklands achieve top marks with TripAdvisor satisfaction rating

  

  The Falklands has achieved a satisfaction rating of 8.9 out of 10 on travel-based social media site TripAdvisor, up from 8.8 last year, according to the Falkland Islands Tourist Board (FITB).

• Friday, June 29th 2018 - 04:25 UTC

  IAG expands low-cost long-haul airline Level with operations from Vienna

  

  British Airways' owner IAG is expanding its low-cost long-haul airline Level further by launching short-haul routes from a base in Austria. The move puts it further in competition with rivals EasyJet and Ryanair. IAG launched the Level brand more than a year ago as a low-cost rival to challenger Norwegian.

• Friday, June 29th 2018 - 03:49 UTC

  British defense wins major contract to build nine warships for Australia

  

  British defense giant BAE Systems has won a multi-million pound contract from the Australian government to build nine new warships, marking a significant victory for British military exports. BAE beat Italian and Spanish rivals to win a large slice of the £20bn spending program.

• Thursday, June 28th 2018 - 13:11 UTC

  Berlin and Paris angry with UK over Brexit, a “pain in the ass” distracting from major issues

  

  Influential EU states such as Germany, France and Spain will block any attempt by the UK to remain within the single market for goods without freedom of movement, the Spanish Foreign Minister has said. Josep Borrell said that some smaller EU states might privately be willing to negotiate reform of the bloc’s free movement rules in order to keep easy access to UK products.

• Thursday, June 28th 2018 - 12:45 UTC

  Good news for British farmers: China lifts ban on beef from the UK

  

  China has ended a two-decades-long ban on exports of beef from the UK, first introduced after the outbreak of BSE - or “mad cow disease” - in the 1990s. The government said the development will be worth £250m to British producers over the next five years.

• Thursday, June 28th 2018 - 11:57 UTC

  Black Wednesday for Argentina and Brazil as selloff intensifies across emerging markets assets

  

  Argentina’s benchmark MerVal stock index closed down 8.8% on Wednesday, its worst daily performance since early 2014, as concerns about trade tensions between the United States and China prompted a selloff across emerging market assets.

• Thursday, June 28th 2018 - 10:11 UTC

  López Obrador closes his campaign with an anticipated victory

  

  The candidate Andrés Manuel López Obrador closed his electoral campaign last Wednesday ahead the presidential elections on Sunday filling the largest stadium in the world on a working day. The only leftist candidate steals public attention in Mexico and leads the polls with an anti-system and reforming discourse.