International

Saturday, September 1st 2018 - 07:46 UTC
IMF strong support helps stabilize Argentine Peso; Macri preparing new economic package

Argentina’s beleaguered peso stabilized on Friday as the central bank said it would auction a large amount of dollar reserves, and the International Monetary Fund (IMF) issued a strong statement of support for President Mauricio Macri’s government.
Saturday, September 1st 2018 - 07:03 UTC
UK Pavilion at Uruguay's main agro show; Falklands with a promotion stand

The British Embassy will be part of Uruguay’s most important agricultural event, focused on business, culture, education, food and entertainment, as well as promoting the Falkland Islands. For the fifth consecutive year, the British Embassy in Montevideo takes part in Expo Prado, with a renewed pavilion that invites visitors to explore London’s Underground.
Friday, August 31st 2018 - 09:20 UTC
Falkland Island’s participation in International hockey tournaments at Patagonia

This year the Falkland Islands teams competed in two international ice hockey tournaments. Firstly two of our player/coaches took part in The Patagonian Brotherhood Cup held in Puerto Williams. They competed as part of the rest of the world team with players from other countries eventually taking 3rd place.
Friday, August 31st 2018 - 08:53 UTC
Chinese buyers leave the US soy exporters conference empty handed

An annual U.S. soy exporters' conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years when billions of dollars of the main U.S. cash crop have been signed over to China in elaborate ceremonies.
Friday, August 31st 2018 - 08:46 UTC
Decisive Brexit meeting in Brussels ahead of the October EU summit

Brexit Secretary Dominic Raab is preparing for six hours of talks with the EU's chief negotiator. He will meet Michel Barnier in Brussels on Friday for the extended session ahead of an EU summit on 17 October. Both sides are hoping to agree a divorce deal and a statement on future trading relations before the summit.
Friday, August 31st 2018 - 08:41 UTC
Trump threatens to withdraw the US from the World Trade Organization

President Donald Trump has threatened to withdraw the US from the World Trade Organization (WTO) if the body fails to change the way it treats America. “If they don't shape up, I would withdraw from the WTO,” Mr. Trump said in an interview with Bloomberg News.
Friday, August 31st 2018 - 08:34 UTC
India announces its first manned space mission to cost US$1.4bn

India announced it expected to spend less than 100 billion rupees (US$1.43 billion) on its first manned space mission to be launched by 2022, suggesting it is likely to be cheaper than similar projects by the United States and China.
Friday, August 31st 2018 - 08:29 UTC
Norway's Equinor plans to invest US$ 15bn in Brazil's oil, gas and renewables

Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.
Friday, August 31st 2018 - 08:22 UTC
BP, Shell, Total to bid in Brazil's pre-salt auction

Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt layer, ANP announced on Wednesday.
Friday, August 31st 2018 - 08:06 UTC
Bargain shopping for oil companies in Buenos Aires stock market

While the foreign exchange market in Argentina experienced a chaotic Thursday with no ceiling for the US dollar as locals dumped their Argentine pesos, the Argentine stock market witnessed another strong increase with the Merval index up 5.3% reaching 26.754,85 points, boosted mainly by the oil industry stocks.