Investments

• 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.

• Monday, September 25th 2017 - 05:39 UTC

  Moody's downgrades UK credit rating on concerns about public finances and Brexit

  

  UK's credit rating has been cut over concerns about the country's public finances and fears Brexit could damage the country's economic growth. Moody's, one of the major ratings agencies, downgraded the UK to an Aa2 rating from Aa1.

• Thursday, September 21st 2017 - 07:57 UTC

  Secretary of State for Scotland on a three/day visit to Argentina

  

  The Secretary of State for Scotland, David Mundell, will start an official visit to Argentina during which he will hold meetings with national authorities, private sector representatives, and members of the civil society. The purpose of his trip to South America, which started on Tuesday with a visit to Paraguay, is to promote Scottish business interests and build cultural and educational links.

• Wednesday, September 20th 2017 - 18:32 UTC

  Argentina 2018 budget bill forecasts growth of 3.5% and 15.7% inflation

  

  Argentina’s 2018 budget bill forecasts economic growth of 3.5% next year and average annual inflation of 15.7%, Treasury Minister Nicolas Dujovne told Congress. The bill proposes a 2018 primary fiscal deficit of 3.2% of gross domestic product (GDP) as previously announced.

• Wednesday, September 20th 2017 - 08:12 UTC

  Offshore oil exploration takes off in Argentina at the Malvinas Basin

  

  Searcher Seismic has made its entry into Argentina with four new multi-client projects. Beginning in phases, the first phase comprises of an offshore basin analysis report providing a regional framework to understand the offshore basins of Argentina, assisting industry’s exploration efforts.

• Wednesday, September 20th 2017 - 01:40 UTC

  Odebrecht sells stake of massive subway project in Buenos Aires

  

  Scandal-hit Brazilian construction company Odebrecht said on Sunday it has sold its 33% stake in a massive subway project in Argentina's capital Buenos Aires, but vowed to keep working in the country.

• Monday, September 18th 2017 - 08:03 UTC

  Falklands' flock reaches 490.113; West Falkland produces more wool per sheep than in the East

  

  By Sharon Jaffray - The Falkland Islands flock reached 490.113 sheep of which 281.671 in East Falkland and 177.506 in the West plus 30.936 in the outer islands, according to the latest Farming Statistics 2016/2017, in accordance with the Agricultural Returns Ordinance. Likewise the number of cattle was 3.433.