Investments

• Friday, October 23rd 2020 - 08:55 UTC

  Argentina plans US$ 1,5bn subsidies to resurface Vaca Muerta output: “cheaper than importing LNG”

  

  Argentina’s cash-strapped government says it can find US$ 5.1 billion to give to natural gas drillers in a bid to resurface the country’s Vaca Muerta shale patch and prevent a jump in imports of the fuel.

• Thursday, October 22nd 2020 - 09:04 UTC

  US Export-Import bank signs deal to finance US$ 1 billion in trade with Brazil

  

  Brazil and the United States signed a memorandum of understanding to forge closer trade links, a step that could see U.S. Export-Import Bank finance up to US$1 billion of exports to and projects in the Latin American nation.

• Wednesday, October 21st 2020 - 09:11 UTC

  A FIGAS refurbished BN-2 Islander delivered to Air Alderney

  

  Air Alderney has taken delivery of its first BN-2 Islander in the form of G-BLNI (msn 2188), according to the UK civil aircraft register. The 1987-vintage aircraft was previously operated by the Falkland Islands Government Air Service, FIGAS as VP-FBI. It remains parked at London Biggin Hill, according to Flightradar24 ADS-B data, but is already in Air Alderney's livery.

• Monday, October 19th 2020 - 09:37 UTC

  Animatronics, helping to swim among robotic dolphins and white sharks

  

  Darting around the pool as a group of swimmers stands in the shallow end, the dolphin looks much like those that jump through hoops and perform acrobatics at theme parks. But this marine creature is a robot.

• Saturday, October 17th 2020 - 08:57 UTC

  Brazilian iron ore exports increased 18,5% in September over a year ago; strong demand from China

  

  Brazilian iron ore exports increased by 18.5% in September compared to the same period last year, to 37.86 million tons, after Vale increased the pace of production. The volume shipped last month is the biggest since December 2015, when Brazil exported a monthly record of 39.5 million tons, according to the Ministry of Industry, Foreign Trade and Services.

• Thursday, October 15th 2020 - 09:58 UTC

  Argentina is in deep recession and needs a credible roadmap, IMF chief

  

  “Argentina faces very dramatic challenges, the country is in deep recession and social conditions are worsening”, was the response of IMF chief Kristalina Georgieva when asked about the difficult challenges faced by Argentina and if the current government has the political will and consensus to move forward with a plan to restore confidence.

• Tuesday, October 13th 2020 - 09:01 UTC

  Oxfam claims IMF's loans during the pandemic have worsen poverty and inequality

  

  The vast majority of International Monetary Fund loans extended during the Covid-19 pandemic have suggested or demanded spending cuts that would worsen poverty and inequality, charity group Oxfam says.

• Monday, October 12th 2020 - 09:11 UTC

  Icebreaker “donation” for Argentina? Australia's “Aurora Australis”?

  

  According to reports in the Argentine media next November the Australian flagged icebreaker Aurora Australis will be docking in Ushuaia, Tierra del Fuego, and then head for Buenos Aires where, allegedly, she will be incorporated to the Argentine navy fleet and will be participating next to ARA Almirante Irizar in the 2020/21 Antarctica campaign.

• Saturday, October 10th 2020 - 08:55 UTC

  Fitch confirms Uruguay's investment grade at BBB-, but warns about inflation, deficit and public debt

  

  Fitch Ratings, one the world's leading credit rating agency has confirmed Uruguay's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-', however with a Negative Outlook, despite the country faring much better than its neighbors.

• Saturday, October 10th 2020 - 08:19 UTC

  Covid-19 disrupting mental health services in most countries, WHO survey finds

  

  The COVID-19 pandemic has disrupted or halted critical mental health services in 93% of countries worldwide while the demand for mental health is increasing, according to a new WHO survey. The survey of 130 countries provides the first global data showing the devastating impact of COVID-19 on access to mental health services and underscores the urgent need for increased funding.