Investments

• Monday, February 24th 2020 - 06:59 UTC

  British passports will return to dark blue color. although the new document will be made in the EU

  

  Britain will start re-introducing traditional blue passports next month, the interior ministry said on Saturday, replacing the burgundy European Union documents that have been in use since 1988.

• Monday, February 24th 2020 - 06:30 UTC

  US Treasury Secretary welcomes Argentina's talks with IMF on Article IV

  

  U.S. Treasury Secretary Steven Mnuchin on Sunday welcomed Argentina's talks with the International Monetary Fund after the heavily indebted country said it would launch consultations, starting Monday, that could lead to a new funding program.

• Saturday, February 22nd 2020 - 10:15 UTC

  Could China end going to the rescue of crisis-prone Argentina?

  

  Argentina is thought to be on the brink of falling into its ninth sovereign default, prompting some analysts to speculate whether the crisis-prone South American country might be tempted to accept funding from China.

• Saturday, February 22nd 2020 - 10:02 UTC

  Bolsonaro wants electric carmaker Telsa to open a factory in Brazil

  

  President Jair Bolsonaro said on Friday he would try to convince electric carmaker Tesla to open a factory in Brazil when he heads to the United States next month. Bolsonaro, who will visit Miami and Dallas on March 9 and 10, said on Twitter that “our extensive agenda will include the possibility of bringing Tesla to Brazil.”

• Friday, February 21st 2020 - 08:30 UTC

  Falklands will have a new port in three/four years; FIG can afford the “indicative pricing”

  

  The Falkland Islands Government (FIG) last week announced that it has chosen BAM-Nutall as its development partner to build a new port with a lifetime of fifty years. This week more details of the major project, to be developed in three stages and which is expected to be completed in three/four years were revealed by members of the local government.

• Thursday, February 20th 2020 - 18:10 UTC

  IMF: Argentine debt is not sustainable, a meaningful contribution from private creditors is required

  

  An IMF team, led by Julie Kozack Deputy Director of the Western Hemisphere Department and Luis Cubeddu Mission chief for Argentina, visited Buenos Aires from February 12 to 19, 2020 to discuss the recent macroeconomic developments and learn more about the Argentine authorities’ economic plans and policies. At the conclusion of the staff visit, Ms Kozack and Mr Cubeddu issued the following statement:

• Thursday, February 20th 2020 - 08:06 UTC

  Jaguar Land Rover running out of Chinese parts for UK factories: some parts flown in suitcases

  

  Jaguar Land Rover has flown in parts in suitcases as the effects of coronavirus take a toll on the carmaker's supply chain. It said it could start to run out of Chinese parts for its UK factories after two weeks.

• Wednesday, February 19th 2020 - 06:39 UTC

  South Georgia readying the wharf to support “Sir David Attenborough”

  

  The island of South Georgia is preparing to support the new British Polar Research Vessel, “Sir David Attenborough” with the construction of a new wharf at King Edward Point, reports the latest editions of the South Georgia Newsletter.

• Tuesday, February 18th 2020 - 06:38 UTC

  Falklands' port development partner is also modernizing BAS Rothera station and a new wharf for RRS Sir David Attenborough

  

  BAM Nuttall Ltd, which has been selected by the Falkland Islands Government, FIG, as the development partner to design and build a new port in Stanley Harbour is no adventurer in the South Atlantic and is closely linked to the UK efforts and investments in Antarctica. In effect, BAM Nuttall is involved in the building of the British Antarctic Survey's largest facility at Rothera Research station.

• Friday, February 14th 2020 - 21:08 UTC

  Fernandez insists Argentina needs more time to honor its debt with IMF

  

  Argentine president Alberto Fernandez said that the country “needs more time” to honor its debt with the IMF and underlined he would like “a commitment of the Fund with Argentina”. He also welcomed what he described as a “common sense dialogue with the IMF mission” currently in Buenos Aires for a review of the country's finances and economic prospects.