Economy

Sunday, May 7th 2017 - 14:54 UTC
German Swiss spat over spying to catch tax dodgers

German investigators suspect that a mole spied for Swiss intelligence from inside a government office which was trying to catch German tax dodgers. The allegations are part of the case against an alleged Swiss spy arrested in a Frankfurt hotel on Friday, 29 April, German media report. He is suspected of monitoring German tax investigators.
Sunday, May 7th 2017 - 12:34 UTC
US economy created more jobs in April and is technically in full employment

US jobs growth staged a bigger recovery than expected in April as businesses added 211,000 posts. Figures from the US Department of Labour also showed the unemployment rate dropped slightly to 4.4%, compared with 4.5% in March.
Saturday, May 6th 2017 - 11:48 UTC
Falklands meat export season considered “good”, 626 tons

More than 40,000 animals were processed during the last Falkland Islands Meat Company season. FIMCO Operations Manager Dave Roberts commented that the 2017 export season began with the staff arriving on January 21. A high percentage of them returned from previous seasons to the Sandy Bay plant.
Saturday, May 6th 2017 - 08:35 UTC
Brexit talks would be easier if EC officials “kept their views to themselves”

Brexit talks would be easier if European Commission officials “kept their views to themselves”, Sir Michael Fallon has said amid claims that the EU is seeking to bully British voters. Defence Secretary bemoaned “one-sided leaking” from commission officials as he defended Prime Minister Theresa May’s scathing attack on Brussels in the wake of negative press stories about the negotiations on Britain’s exit from the EU.
Saturday, May 6th 2017 - 07:50 UTC
Mercosur resumes trade talks with Australia and New Zealand

Mercosur and CER (Closer Economic Relations), with includes Australia and New Zealand, resumed trade talks this week in Buenos Aires, with Argentina currently holding the South American block presidency chairing the meeting.
Friday, May 5th 2017 - 10:32 UTC
Goldman Sachs warns Brexit could stall London's dominant financial position

The chief executive of Goldman Sachs has warned that Brexit could see international banks reducing their footprint in Britain, and signaled the US firm has contingency plans in place to move staff out of the UK and into the EU.
Friday, May 5th 2017 - 08:30 UTC
Falklands oil exploration: Maersk denies in Argentine court any involvement since 2011

Danish shipping company Maersk has denied involvement in any offshore exploration/exploitation activities in the Falkland Islands, since specific legislation was passed by the Argentine congress. The Argentine Chamber of Tugs accused the Danish company of violating legislation referred to oil industry operations in the disputed South Atlantic Islands.
Friday, May 5th 2017 - 07:47 UTC
Falklands discusses Brexit impact on environmental funding with UKOTs

The consequences of the UK leaving the European Union on environmental funding of UK Overseas Territories (UKOTs) which includes the Falklands, was the subject of a meeting in Aldernay between representatives of 11 territories last week.
Friday, May 5th 2017 - 06:57 UTC
Falklands' cruise season totaled 55.633; expedition ships market expands 17.2%

The Falkland Islands cruise season came to a close last month with 55,633 passenger arrivals visiting the Islands, only slightly fewer than the 56,476 who visited the previous season, reports this week's edition of Penguin News.
Thursday, May 4th 2017 - 06:48 UTC
WhatsApp suffers several hours global outage

WhatsApp, the popular messaging service owned by Facebook Inc, suffered a widespread global outage on Wednesday that lasted for several hours before being resolved, the company said.