Investments

Monday, April 16th 2018 - 02:10 UTC
The Economist on Uruguay: some serious shortfalls

The Economist recently published an extremely laudatory article on the performance of the Uruguayan economy in the last fifteen years, much of which can be supported but even more needs to be rectified, quite a surprise coming from a publication known for its research rigor. The piece was titled “Uruguay’s record-setting economic growth streak; How a small country outperforms its neighbors” and was published in the March 28th edition.
Sunday, April 8th 2018 - 21:16 UTC
What does the new Falklands ‘Islands Plan’ mean for South America?

Over the past decade it is has become customary for a newly elected Legislative Assembly in the Falkland Islands to publish an ‘Islands Plan’. As there are no political parties in the Falkland Islands, all eight members of the Assembly are independents. Therefore there is no collective manifesto when elected to office. This has traditionally been addressed via a consensus-based Islands Plan.
Sunday, April 8th 2018 - 07:13 UTC
Influential Commons Brexit committee in split vote, calls for UK to consider EEA and EFTA membership

The influential Commons Brexit committee has called on the UK Government to consider negotiating continued membership of the European Economic Area (EEA) or joining the European Free Trade Association (EFTA) after Brexit.
Friday, April 6th 2018 - 08:12 UTC
UK Export Finance support for Uruguay increased to £4 billion

The United Kingdom Export Finance (UKEF) support available for trade with Uruguay has been increased to up to £4 billion, meaning an additional £2.25 billion in support for UK companies exporting to Uruguay and for Uruguayan buyers of UK goods and services.
Wednesday, April 4th 2018 - 08:55 UTC
Atlas A400M replaces Hercules at Falklands' Mount Pleasant Complex

The Atlas A400M arrived in the Falkland Islands last week. Having completed the 20 hour journey from the UK, A400M touched down at Mount Pleasant Complex on Tuesday afternoon, a week ago.
Tuesday, April 3rd 2018 - 09:15 UTC
American Airlines launches nonstop flight between Los Angeles and Buenos Aires

American Airlines will launch its first-ever nonstop flights between Los Angeles International Airport and Ezeiza International Airport in Buenos Aires, as part of a broader expansion in service to Mexico and South American destinations.
Friday, March 23rd 2018 - 14:00 UTC
Heatwaves, hurricanes, floods: 2017 costliest year ever for extreme weather and climate events, says UN

Hurricanes, monsoon floods and continuing severe drought made 2017 the costliest year ever for severe weather and climate events, according to a new report by the United Nations weather agency launched on the eve of World Meteorological Day.
Thursday, March 22nd 2018 - 22:22 UTC
Bank of England leaves rates unchanged for now, waiting for more Brexit data

The Bank of England signaled on Thursday that it remains on course to lift interest rates in Britain this year and next, as figures showed a yearlong squeeze on consumers caused by a steep fall in the pound appears to be coming to an end.
Wednesday, March 21st 2018 - 20:25 UTC
Powell's Fed confirms gradualism: anticipates 5 more modest rate increases in next 21 months

The Federal Reserve is raising its benchmark interest rate to reflect a solid U.S. economy and signaling that it's sticking with a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell. The Fed said it expects to increase rates twice more this year. At the same time, it increased its estimate for rate hikes in 2019 from two to three, reflecting an expectation of faster growth and lower unemployment.
Wednesday, March 21st 2018 - 10:00 UTC
Google pledges to combat fake news monitor misinformation during elections”

Google has said it will invest US$300 million in helping news organizations to fight fake news and grow their businesses. The search engine giant will also invest in new technological tools to enhance online news consumption.