Investments

Wednesday, May 16th 2018 - 07:20 UTC
Indian Navy Tarini manned with six women expected in Goa next Monday 21 May

In a few days, India's Navy INSV Tarini and the six women officers manning it, will arrive at Goa's shores, marking the successful completion of the first-ever circumnavigation by a crew of Indian women. One of its four calls was in the Falkland Islands.
Friday, May 11th 2018 - 06:29 UTC
Argentine stock market climbs 6% and the exchange market operates cautiously

Argentine equities rallied on Thursday, while the country's peso currency was stable, as the central bank sold foreign currency reserves in the spot market for the first time since the country announced it was seeking financing from the IMF.
Friday, May 11th 2018 - 06:00 UTC
“Lords should not undermine the will of the majority” that voted for Brexit

Peers should not undermine the will of those who voted Brexit, a senior minister has said after the UK Government suffered 14 defeats over key legislation. Commons Leader Andrea Leadsom said the Lords has made significant improvements to the European Union (Withdrawal) Bill, which transfers EU law into UK law, linked to devolution.
Friday, May 11th 2018 - 05:39 UTC
IMF and White House support Macri's economic reform program

International Monetary Fund chief Christine Lagarde said on Thursday she is ready to aid Argentina and wants talks on a financing package to be finalized quickly. Lagarde said she instructed the IMF team to continue discussions on a loan program with the goal to “reach a rapid conclusion.”
Thursday, May 10th 2018 - 07:37 UTC
Argentine minister meets IMF Lagarde and US Treasury official: ratifies “gradualism”

Argentina Economy Minister Nicolas Dujovne is due to meet on Thursday with IMF chief Christine Lagarde to request a financing package to help shore up the struggling economy, officials said. Dujovne will also meet with a senior US Treasury official in a key step in the talks with the IMF, which are likely to last six weeks, his spokesman said in a statement.
Wednesday, May 9th 2018 - 07:32 UTC
Peso storm: Argentina requests a US$ 30bn precautionary credit from IMF

Argentina asked the International Monetary Fund for financing to help stem a run from the Peso to the US dollar that is sparking a surge in interest rates and threatening to derail the country's economic recovery. The sum requested is estimated between 25 and 30bn dollars, 500% Argentina's IMF quota and could be disbursed in two forms, a flexible credit line or a precautionary credit line.
Saturday, May 5th 2018 - 09:15 UTC
When Will Electric Cars Take Over The Roads?

The age of the electric vehicle (EV) will be here sooner than you think.
Wednesday, May 2nd 2018 - 20:45 UTC
Fed leaves rates unchanged, confirms inflation near 2% target; hike expected at June meeting

The Federal Reserve on Wednesday left its benchmark interest rate unchanged, confirmed that inflation is near its 2% target, and strangely enough did not mention a word about the looming international trade confrontation. The central bank after a two-day meeting said inflation over the next 12 months should “run near” the 2% target, updating its language from March that indicated inflation would “move up” towards that level.
Sunday, April 29th 2018 - 05:22 UTC
Argentina increases basic rate 300 points to 30.25% to combat inflation

Argentina's central bank surprised markets at the end of the week by jolting its key interest rate up to 30.25% from 27.25%, citing weakness of the local peso against the US dollar and vowing to act again if high inflation persists.
Friday, April 27th 2018 - 09:15 UTC
Falklands' contracts consultant to decide on Stanley Airport’s upgrading

Runway codes are determined according to runway length; Code 1 being at least 800 meters long and Code 3 , 1200 to 1799 meters in length. Ramboll’s aviation division has been involved in airport developments in a number of countries around the world, including the UK (Heathrow), Russia, Rwanda and Gibraltar.