Investments

• Friday, February 2nd 2018 - 20:00 UTC

  Falklands Meat Company renovated including a new business manager

  

  The Falkland Islands Meat Company (FIMCo) has announced the appointment of their new Business Improvement Manager. Michael Ledwith is to start this month on a new full-time contract, tasked with implementing change at the Sand Bay plant, “bringing peak performance through operational efficiency and productivity in the business,” according to information from FIMCo.

• Friday, February 2nd 2018 - 09:52 UTC

  Why Is The Shale Industry Still Not Profitable?

  

  By Nick Cunningham of Oilprice.com
  
  Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”

• Friday, February 2nd 2018 - 08:18 UTC

  Un-convened and unconvinced Uruguayan farmers again take to the roads

  

  Un-convened and unconvinced Uruguayan farmers again took to the roads of the country for a peaceful protest vigil in an estimated 300 posts, and which counted with spontaneous support from small business people linked to the rural sector.

• Friday, February 2nd 2018 - 07:45 UTC

  Falklands government requests proposals for a future port facility

  

  The Falkland Islands government, FIG, is requesting proposals for a future port facility since the current structure, dating back to 1984 and which has had its useful life patched up and extended several times, is nearing its operational end.

• Friday, February 2nd 2018 - 07:15 UTC

  Argentine airports company struggles to take off in Wall Street public offering

  

  Shares of Corporacion America Airports struggled to get airborne on their market debut on the New York Stock Exchange on Thursday after the Argentine airport operator priced its initial public offering at the lower end of an already reduced range.

• Tuesday, January 30th 2018 - 15:41 UTC

  Falkland Islands Outlines Fiscal Strategy for 2018/19 and Beyond

  

  The Falkland Islands Executive Council (its effective Cabinet) agreed late last week a set of budgeting principles for the Government over the coming financial year beginning 1st July 2018. These principles are likely to apply throughout the four year term of the current Legislative Assembly, though will be formally reviewed by the Assembly annually.

• Tuesday, January 30th 2018 - 07:22 UTC

  Foreign Office planning to ban drilling and mining offshore BOTs in South Atlantic

  

  British Foreign Secretary Boris Johnson is expected to institute a ban on fishing, drilling and freight transport in British overseas territories in the South Atlantic in an effort to protect wildlife in the area. The South Sandwich Islands, which plays host to Antarctic scientists but has no permanent residents, lie around 1,500km east of the Falkland Islands.

• Monday, January 29th 2018 - 06:55 UTC

  Punta Arenas reaffirms Antarctica links with two private support vessels

  

  Punta Arenas. Chile seems determined to remain as the main calling point for Antarctica scientific and logistics support. This month two private undertakings were inaugurated which confirmed that determination, one of them is the DAP's MV Betanzos a scientific vessel for Antarctica research, and the second in the Antarctic Warrior, belonging to the Petromar company and which has been conditioned to transport supplies and fuel to Antarctica.

• Saturday, January 27th 2018 - 09:15 UTC

  Relief in Canada and North Ireland: Bombadier wins trade dispute with the US

  

  The Canadian aerospace firm which faced damaging import tariffs on one of its jets has won a trade dispute in the United States. The UK government had suspected that Bombardier would lose and unions feared sales and UK jobs connected to the C-Series would be hit. But in a surprise ruling, the US International Trade Commission (ITC) rejected a complaint brought by Boeing.

• Friday, January 26th 2018 - 09:46 UTC

  Uruguay and China flirt with a trade agreement, but Mercosur is not convinced

  

  Chinese Foreign Minister Wang Yi said that Beijing is willing to negotiate step by step, a free trade agreements with Uruguay and other countries in South America, particularly members of Mercosur.