Investments

Saturday, July 28th 2018 - 02:52 UTC
Premier Oil Outline Procurement and Infrastructure Plan in the Falkland Islands

As Mercopress have reported over recent months, Premier Oil continue to progress their Front End Engineering and Design (FEED) process for the Sea Lion oil discovery. As a next step in this process, earlier this week Premier Oil plc provided details of their intended approach to both procurement and infrastructure to support the discovery to the north of the Falkland Islands.
Friday, July 27th 2018 - 08:45 UTC
BRICS implicit support for China in its trade dispute with United States

Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of US tariff threats and unilateralism. The heads of the so-called Brics – Brazil, Russia, India, China and South Africa – met for an annual summit dominated by the risk of a global US- led trade war, although leaders did not publicly mention President Donald Trump by name.
Friday, July 27th 2018 - 07:10 UTC
Paraguayan agriculture minister and his deputy die in air crash

Paraguay Agriculture Minister Luis Gneiting and three others died when the twin-engine airplane carrying them to the capital Asuncion crashed into a wetland on Wednesday night, an official told reporters on Thursday.
Thursday, July 26th 2018 - 19:47 UTC
Falklands chooses Latam as preferred operator for a second flight

The Chilean/Brazilian Latam airline has been chosen by the Falkland Islands Government as the preferred operator to provide a second commercial flight between the Falkland Islands and South America. The official announcement was made on Thursday, 26 July.
Thursday, July 26th 2018 - 06:02 UTC
Trump and Juncker agree to talk trade and tariffs; German industry remains cautious

A top German industry group gave a cautious welcome to solutions proposed by U.S. President Donald Trump and European Commission President Jean-Claude Juncker to avert a trade war, but warned that U.S. auto tariffs were not completely off the table yet.
Wednesday, July 25th 2018 - 06:25 UTC
Trump pledges US$ 12bn to help farmers hit by trade war with China

The Trump administration on Tuesday said it will use a Great Depression-era program to pay up to US$ 12 billion to help U.S. farmers weather a growing trade war with China, the European Union and others that the president began. It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict.
Tuesday, July 24th 2018 - 06:10 UTC
Argentine natural gas for Chile beginning next October

Argentina will begin exporting natural gas to Chile from October, the Argentine Energy Ministry said on Friday, following a meeting between the governments of both countries.
Tuesday, July 24th 2018 - 02:41 UTC
G20 begin talks on global rules to tax the digital economy

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts.
Monday, July 23rd 2018 - 06:53 UTC
Mexico and Canada optimistic about NAFTA trade talks with the US

The finance ministers for Mexico and Canada on Sunday said they were optimistic about NAFTA talks with the United States, even as trade tensions spurred by U.S. tariffs dominated the G20 meeting of world economic leaders in Argentina.
Monday, July 23rd 2018 - 05:58 UTC
Hammond in Argentina iterates Falklands self determination and calls on Macri to address inflation and labor reform

The UK Government position is unchanged: only the Falkland Islanders have the right to determine their own political and economic future, stated Phillip Hammond in Buenos Aires where he attended a two-day G20 ministers meeting.