Investments

• Sunday, October 8th 2017 - 08:31 UTC

  Argentina preparing to auction offshore hydrocarbons exploration next year

  

  Argentina plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil, the energy minister said on Thursday.

• Friday, October 6th 2017 - 07:27 UTC

  Falklands' considering investigation of Stanley Airport future development options

  

  The Falkland Islands' Executive Council has considered a proposal to investigate the future development options for Stanley Airport. A paper put to ExCo by the General Manager Aviation Services and Director of Civil Aviation was described as not a comprehensive review of all the options, but gives approval for the Chief Executive to develop clear terms of reference for a study which can define the realistic potential usage options for Stanley Airport.

• Thursday, October 5th 2017 - 08:18 UTC

  Argentina, Uruguay and Paraguay launch bid to host the 2030 World Cup

  

  Argentina, Uruguay and Paraguay formally launched South America’s three-nation bid to host the 2030 World Cup on Wednesday and said Argentina would likely host the majority of the tournament’s stadiums. The presidents of the three nations, who announced in August that they were teaming up to bid for the tournament, kicked off the campaign at the Casa Rosada, Buenos Aires’ government palace.

• Tuesday, October 3rd 2017 - 07:22 UTC

  JetSMART offers ultra low rates for Santiago/Punta Arenas beginning 18 December

  

  JetSMART, Chile's ultra low cost airline is planning to link Santiago with Punta Arenas as of next December, charging some 8.000 Chilean Pesos for each leg, plus boarding taxes, 15.500 Pesos, according to the company's CEO Estuardo Ortiz. The exchange rate is approx Pesos 600 to the US dollar.

• Monday, October 2nd 2017 - 10:25 UTC

  Monarch Airlines bankrupt; Gibraltar prepares “prudent” contingency plans

  

  Monarch Airlines has ceased trading and all of its future bookings have been cancelled, the UK's Civil Aviation Authority has said. Around 110,000 Monarch customers are currently overseas and the UK government has asked the CAA to charter aircraft to bring them back to the UK.

• Thursday, September 28th 2017 - 07:48 UTC

  British Embassy present at the main Uruguayan agri-business exhibition for the fourth consecutive year.

  

  From 6-17 September, Montevideo was home to Uruguay’s biggest agricultural industrial fair, Expo-Prado, and the British Embassy was present with a pavilion focused on tourism, business, education, gastronomy and culture.

• Wednesday, September 27th 2017 - 19:32 UTC

  Falklands promote horticulture to cut costly and vulnerable import of fresh foods

  

  The Falkland Islands Development Corporation, FIDC, announced the latest phase of their Fresh for the Future program, bringing new commercial entrants into the horticulture market, as well as assisting keen amateur growers to step up with a training program to develop skills that may be applied over a range of production situations and optimizing crop performance.

• Wednesday, September 27th 2017 - 06:43 UTC

  UK Export Finance is increasing its support for British trade with Uruguay

  

  UK Export Finance (UKEF) support available for trade with Uruguay is increasing 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. This finance can be used to support projects across numerous sectors including infrastructure.

• Wednesday, September 27th 2017 - 06:01 UTC

  Falklands: balancing financial prudence with the need to invest in a large capital program.

  

  James Wilson is the new Financial Secretary within the Falkland Islands Government. A position some think is the equivalent to the Chancellor of the Exchequer in the UK Government. There are, however, some major differences: James is not a politician but a civil servant.

• Tuesday, September 26th 2017 - 18:31 UTC

  Carnival contracts the building of a new 'Queen class' cruise vessel for Cunard

  

  Carnival Corporation & plc announced that it has signed a memorandum of agreement with Italian shipbuilder Fincantieri S.p.A. to build a new cruise ship for the company’s iconic Cunard brand. The new ship for Cunard will be built at Fincantieri’s shipyard in Monfalcone, Italy, with an expected delivery date in 2022.