Economy

Monday, March 12th 2018 - 16:34 UTC
Falkland Islands: It's Time for Adventure!

The Falkland Islands...one of the last great wilderness destinations on the planet, where your trip becomes an adventure. Four wheel drives are our mode of transport, and our little planes will take you to islands abundant with penguins, albatrosses and petrels that are there for you alone to discover and enjoy.
Monday, March 12th 2018 - 09:33 UTC
Hammond: no end to austerity: surpluses will be used to lower UK debt

British Chancellor Philip Hammond has rejected calls by Labour and some Conservatives to announce the end of austerity in his spring statement on Tuesday. He is expected to unveil the smallest budget deficit since 2002, thanks to better than expected public finances.
Friday, March 9th 2018 - 11:39 UTC
Sharp reaction from Asian nations to Trump's tariffs on steel and aluminum

Major Asian nations reacted sharply to U.S. President Donald Trump's decision to impose tariffs on steel and aluminum imports on Friday, warning of damage to relations amid industry calls for retaliation.
Friday, March 9th 2018 - 09:41 UTC
Global shipping rules to cut sulfur pollution anticipate higher volatility in fuel markets

Global hydrocarbons companies and traders are bracing for higher volatility in fuel markets as they expect refiners to process more light crude oil in the lead-up to new rules aimed at slashing the use of dirty high-sulfur fuel oil in global shipping.
Friday, March 9th 2018 - 09:34 UTC
Eleven Asia-Pacific countries signed a Trans-Pacific Partnership in Chile

Eleven Asia-Pacific countries have just signed the trade pact formerly known as the Trans-Pacific Partnership. Although the US pulled out last year, the deal was salvaged by the remaining members, who signed it at a ceremony in the Chilean city of Santiago.
Friday, March 9th 2018 - 04:49 UTC
Falklands' fishing victims of UK Brexit deal, claims Fortuna

“The UK has sold out Falklands fishing for a Brexit era deal,” fishing company Fortuna Ltd Director James Wallace told Penguin News this week. He was replying to much general speculation as to why a Falkland Islands company with a long history of participation in the South Georgia toothfish fishery was refused licenses this season.
Friday, March 9th 2018 - 04:19 UTC
Falklands' second commercial air-link: interest from several Brazilian airlines

The Director of Aviation at Aviation Economics Joanna Hunt commenting on the progress of a second commercial air-link to the Falkland Islands has confirmed there has been interest from airlines.
Thursday, March 8th 2018 - 09:39 UTC
Trump ready to sign metals' tariffs on Thursday; Mexico and Canada could be spared; Republicans object

Some countries are now likely to be spared from planned tariffs on metals advocated by U.S. President Donald Trump. White House sources said Trump's controversial tariff plan could be put into action at a signing ceremony on Thursday afternoon.
Thursday, March 8th 2018 - 09:35 UTC
Argentine central bank anticipates volatility in the money exchange market

Argentines will have to get used to the volatility of the money exchange rate, advised Central Bank president Federico Sturzenegger on Wednesday when the US dollar (a sacred reference for Argentines) reached a new historic high above the 20 Pesos. (Actually 20,69 for retail sales and 20,69 for wholesale operations at the end of trading).
Wednesday, March 7th 2018 - 09:21 UTC
EU readies list of US goods to be hit by taxes if Trump imposes tariffs

Motorbikes, whiskey and T-shirts are among the US goods that could be hit by EU taxes if the US imposes import tariffs on steel and aluminum. The EU has drawn up a target list of 100 US goods worth €2.8bn (US$3.5bn), the BBC understands.