Investments

Monday, August 19th 2019 - 09:53 UTC
Falkland Islander will be one of the captains of Australia's new state of the art icebreaker

Australia’s new icebreaker, RSV Nuyina, is scheduled to make its maiden voyage to Antarctica in 2020-21. Two captains have already been named to lead the alternating crews operating the new vessel. They are Captain Scott Laughlin and Falkland Islander Captain Paul Clarke, both with experienced track records working in the Southern Ocean.
Monday, August 19th 2019 - 08:58 UTC
Fernandez wants to renegotiate IMF loan terms, in current conditions Argentina can't repay its debts

Opposition candidate, Alberto Fernandez, said that Argentina would struggle under present conditions to repay a loan to the International Monetary Fund and he would seek to renegotiate the repayment terms, according to an interview published on Sunday by the newspaper Clarin.
Saturday, August 17th 2019 - 09:29 UTC
Steel has been cut for the Royal Navy’s second Type 26 frigate, HMS Cardiff.

The ceremony held at BAE System’s shipyard in Govan this week, on the River Clyde, marks a milestone for the Global Combat Ship program. Minister for Defense Procurement, Anne-Marie Trevelyan, pressed the button to start the plasma-cutting machine to work on a plate of steel which will form part of the unit which holds stores.
Saturday, August 17th 2019 - 09:13 UTC
Maduro and Guaidó fight for the Venezuelan prized Citgo refineries in the US

The government of President Nicolas Maduro on Thursday nullified the newly named board of Venezuela’s prized Citgo refineries in the U.S. amid a political battle for control of the country, saying opposition leaders had no right to appoint them.
Saturday, August 17th 2019 - 07:40 UTC
Trump's attempt to purchase Greenland, puts the Arctic in the geostrategic global map

President Donald Trump's reported wish to buy Greenland may have been rejected by Denmark, but it underscores the rapidly rising value of the massive, ice-covered island due to global warming and to China's drive for an Arctic presence.
Saturday, August 17th 2019 - 07:00 UTC
Trump reveals “productive” trade talks with Beijing and anticipates a “fairly short war”

US President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over US$125 billion worth of Chinese imports taking effect Sept 1.
Saturday, August 17th 2019 - 06:47 UTC
Bolsonaro administration has privatized some US$ 20bn of assets

Brazil has privatized nearly US$ 20bn of assets and investments since the election of right-wing president Jair Bolsonaro, according to a government minister. Secretary of state for privatization, divestment and markets Salim Mattar announced that the government’s sweeping program of privatization was going as planned.
Thursday, August 15th 2019 - 16:37 UTC
Embraer is awarded Brazilian certification for the Praetor 500

Embraer has announced that the company’s new Praetor 500 midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil), having been announced in October 2018 at NBAA-BACE.
Thursday, August 15th 2019 - 05:30 UTC
Macri announces measures to cut taxes and prop consumption hopefully to brighten Argentine pockets

Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not halt the peso currency's collapse.
Thursday, August 15th 2019 - 05:14 UTC
Falklands/UK airbridge will continue via Cape Verde; Ascension runway may not be repaired until 2022

The contract to repair the 3,000-meter runway at RAF Ascension Island has yet to be awarded, and work may not be complete until 2022. It has been partially closed since April 2017. This means the Falkland Islands/Brize Norton airbridge will continue to operate through Cape Verde.