When oil prices in the international market are sliding faster than expected, already in the range of US$ 50 the barrel, the International Energy Agency, IEA in its latest report anticipated that because of soaring “supply and subdued demand”, oil oversupply will be larger than expected, both in 2025 and 2026. IEA warns that while demand growth is down, supply growth will lead to a record supply overhang, since oil stocks are already soaring, mainly that stockpiled in tankers in water.
Add your comment!Shetlands’ author and former fish farmer John Goodlad visited the Falklands this week to give a public talk, at the invitation of Unity Marine (*). The expert advisor for two seafood investment funds and three times author, spoke about his latest publication, ‘Food from the Sea: The Future of Seafood’. Falklands TV talked with him about his experiences and views on the future of sustainable seafood and the potential for salmon farming in the Falklands.
1 commentGlobal interest in esports is skyrocketing, yet the sector is still in its early stages of development. More interestingly, online and offline esports tournaments have increased dramatically in the last several years. The cities that host these events often experience a substantial increase in tourist and economic activity, but what is causing this growth engine?
Add your comment!The International Monetary Fund (IMF) Fiscal Monitor report warned that global public debt was nearing a historic high, projected to exceed 100% of Gross Domestic Product (GDP) by 2029. In Latin America, the report identified Brazil, Argentina, and Uruguay as the countries with the highest levels of debt.
Add your comment!US President Donald Trump told his Ukrainian colleague, Volodymyr Zelensky, that he was reluctant to deliver Tomahawk long-range missiles to Kyiv. He made those remarks during a meeting at the White House. The Ukrainian government considers these supplies vital for attacking military and energy infrastructure deep within Russian territory.
Add your comment!The former Royal Navy frigate HMS Westminster has been towed out of Devonport on her way to Portsmouth, where she will be prepared for disposal. She joins HMS Argyll, HMS Montrose, and HMS Northumberland, as the Navy continues to retire its older Type 23 frigates, reports Forces News.
Add your comment!After discussing the matter with King Charles III, Prince Andrew announced on Friday that he would immediately relinquish the use of all his royal titles and honors, including “Duke of York,” amid mounting pressure and continuing allegations related to the Jeffrey Epstein scandal.
1 commentThe following was the statement by Simon Thomas, UK Ambassador to the General Assembly, at the UN's Special Political and Decolonization Fourth Committee this week: “The United Kingdom has no doubt about its sovereignty over the Falkland Islands...Nor do we have any doubt about Falkland Islanders’ right of self-determination.”
1 commentUruguayan President Yamandú Orsi met at the Vatican on Friday with Pope Leo XIV after both leaders participated on the previous day at FAO's 80th-anniversary ceremony in Rome.
Add your comment!Uruguayan President Yamandú Orsi was on Thursday the only Latin American speaker at the ceremony in Rome commemorating the 80th anniversary of the UN Food and Agriculture Organization (FAO) on World Food Day.
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