
The Galician fishing industry is undergoing a boom as Spain recovers from the economic crisis that had caused a halt in the construction of new vessels and investments on new processing plants in recent years, Javier Fraga Diaz, director with Spanish bank Abanca's maritime unit (Banca Mar), revealed.

By Irina Slav for Oilprice.com - While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field. Much talk has revolved around how software can completely transform the energy industry, but until recently, it was just talk.

Latin American and Caribbean governments need to crack down on corruption in order to make their economies more durable and the benefits of growth more widespread, the International Monetary Fund said on Friday.

The government and treasury of the Falkland Islands have issued (9th October) a new set of crown coins which mark the centenary anniversary of the establishment of the British Royal House. The Royal House came about due to the circumstances just after the fighting for the Great War began (1914–1918).

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.

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.

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.

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.

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.

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.