Investments

Monday, August 5th 2019 - 09:21 UTC
Falklands' genetically improved wool clip reflects a significant increase in value

The value of the Falkland Islands wool clip has increased by around 11% over the past six years, or £1 million at today’s wool prices announced MLA Teslyn Barkman at the most recent meeting of Legislative Assembly.
Saturday, August 3rd 2019 - 07:30 UTC
China bows to fight back Trump's tariffs: “if they want to fight, then we will fight”

China on Friday vowed to fight back against US President Donald Trump's abrupt decision to slap 10% tariffs on the remaining US$300 billion in Chinese imports, a move that ended a month-long trade truce.
Saturday, August 3rd 2019 - 07:19 UTC
S&P retained its 'B' rating for Argentine debt

Standard & Poor's (S&P) confirmed it would maintain its 'B' rating for Argentine debt, highlighting that the president Mauricio Macri administration was continuing to meet the goals laid out by the International Monetary Fund (IMF) as part of the huge credit line agreed last year.
Wednesday, July 31st 2019 - 10:58 UTC
Financial submission for developing Falkland Islands' Sea Lion project

Rockhopper Exploration PLC on Tuesday said it has submitted an early information memorandum to potential lenders for the Sea Lion project in the Falkland Islands.
Wednesday, July 31st 2019 - 09:20 UTC
 Canadian mining firm apologizes and compensates demonstrators shot at Guatemala mine

Canadian mining firm has apologized after reaching an agreement with demonstrators shot and wounded while protesting the company's Guatemalan gold and silver mine, according to statements on Tuesday from both sides.
Monday, July 29th 2019 - 17:02 UTC
Cuba opens access to Wi-Fi but it's not cheap and demands users defend the “revolution in every domain”

All Cubans can now have Wi-Fi in their homes, as the island's government extends Internet access even while trying to maintain control over its version of the “truth” and to defend its legitimacy. “Cubans support and defend the revolution in every domain, both in the real and the virtual worlds,” Ernesto Rodriguez Hernandez, vice-minister of communications, said in an interview.
Wednesday, July 24th 2019 - 09:50 UTC
Argentine air force planning to purchase some ten South Korea's FA-50 fighter

The Argentine air force has selected South Korea’s FA-50 as its next fighter, Jane's reported this week. The decision is good news for a once-proud air arm that, in recent years, has precipitously declined in size and effectiveness. Argentine officials as early as 2016 had asked to evaluate the twin-seat, supersonic FA-50, Jane's reported.
Wednesday, July 24th 2019 - 07:00 UTC
Colombia shopping to replace ageing Israel built Kfir fighter jets

Colombia is examining proposals from the United States, Spain and Sweden as it look to replace its ageing military aircraft, the South American country's air force said on Tuesday.
Tuesday, July 23rd 2019 - 15:14 UTC
Finland's UPM will construct a second 2.1 million ton pulp mill in Uruguay

Finland's UPM on Tuesday made the investment decision to construct a 2,1 million ton eucalyptus pulp mill near Paso de los Toros in central Uruguay.
Monday, July 22nd 2019 - 09:49 UTC
Chinese investment in the US plummeted 88% since Trump took office

Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90% since President Donald Trump took office.