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Montevideo, April 19th 2026 - 11:33 UTC

Investments

  • Sunday, February 4th 2018 - 21:08 UTC

    Falkland Islands Government initiate Review of Education Facilities

    Education a priority - the Infant Junior School/CE above

    The Falkland Islands Government last week initiated a review of the educational buildings and facilities in the Falkland Islands. This review has been driven by both internal and community pressure and questions over whether facilities continue to meet the growing needs of the community.

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

    Falklands Meat Company renovated including a new business manager

    FIMCo identified a number of business and technical issues that needed addressing to improve the profitability of the Company

    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?

    The average return on asset for U.S. shale companies “is still a measly 0.8%,” the financial services company wrote in its report.

    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

    Tabare Vazquez out of agenda met with the un-convened protesting farmers. (Pic El Observador)

    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

     FIPASS dates back to 1984 and is nearing its operational end, not beyond 2021

    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

    “For us making our company public was not about a specific price because in the end as we have seen it is set by the market,” said CEO Martin Eurnekian

    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 Government obtain almost 60% of its annual revenue from the fishing sector” (Pic R. Goodwin)

    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

    South Georgia and the South Sandwich Islands are home to more than 3 million penguins, along with fur seals, elephant seals and various species of whale.

    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

    Betanzos will operate as a scientific support vessel, with sophisticated equipment and a reinforced “ice-class” hull, plus accommodation for 64 people.

    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

    Tariffs of 292% will not now be imposed on orders of C-Series planes by American carriers. About 50 companies in the UK supply Bombardier with parts

    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.