Investments

• Sunday, June 18th 2017 - 10:52 UTC

  Falkland Islands: New terminal in 2½ years

  

  THE air terminal at Mount Pleasant is likely to be subject to civilianisation in approximately nine months, and be rebuilt, or extended or refurbished in two and a half years, stated the Chief Executive Barry Rowland at the public meeting on Monday.

• Saturday, June 17th 2017 - 12:41 UTC

  Argentina joins Asian Infrastructure Investment Bank (AIIB)

  

  In need of further international financial assistance and under pressure after settling a debt crisis, President Mauricio Macri's administration makes yet another move to seek renewed channels for funding.

• Tuesday, June 13th 2017 - 18:38 UTC

  Macri hosts Portuguese PM in BA to boost bilateral ties

  

  Antonio Costa arrived in the Argentine capital on Monday to launch a Federal Mining Plan and take part in a business forum at the Foreign Ministry, among other activities.

• Monday, June 12th 2017 - 01:46 UTC

  The “robot revolution”, angry men, and Great Depression unemployment

  

  By Gwynne Dyer
  Wittenberg is the German city where Martin Luther nailed his 95 theses to the church door 500 years ago and launched the Protestant Reformation. To mark the anniversary, the local Protestant authorities have installed a robot called BlessU-2 to deliver blessings in five languages.

• Friday, June 9th 2017 - 10:58 UTC

  Germany and Argentina pledged to fight protectionism and reach a Mercosur/EU trade deal

  

  Germany and Argentina voiced hopes Thursday for a free trade agreement between the European Union and Mercosur as German Chancellor Angela Merkel visited Buenos Aires. In talks with Argentine President Mauricio Macri, Merkel discussed bilateral commerce and efforts to strike a deal with the Mercosur grouping of South American countries.

• Wednesday, June 7th 2017 - 08:27 UTC

  Argentina and UK agree to implement the trade and investment March MoU

  

  Argentina and UK agreed to begin implementing in August/September the trade and investment chapters included in the in Memorandum of Understanding signed last March in Buenos Aires. Argentine Production minister Francisco Cabrera is currently in London for a round of business talks with the private sector but also met Trade and Investment minister Greg Hands to continue advancing with the MoU.

• Wednesday, June 7th 2017 - 07:18 UTC

  Brazilian meat packer Minerva buys JBS plants in Mercosur member countries

  

  The Brazilian meatpacking giant JBS says it has sold its units Mercosur members, Argentina, Paraguay and Uruguay to companies controlled by a rival meat processing company in Brazil. JBS said in a Tuesday securities filing that it sold meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.

• Sunday, June 4th 2017 - 13:17 UTC

  Argentina inaugurates Tierra del Fuego offshore gas deposit which provides 8% of the country's demand

  

  Argentina formally inaugurated the Vega Pleyade gas and condensate deposit off the coast of Tierra del Fuego considered the most austral of its kind in the world, and which has been supplying the country with nine million cubic meters daily since February 2016. The well is operated by French Total (37.5%) together with Wintershall Energy (37.5%) and Panamerican South (25%), demanded an investment of 1.1bn dollars over three years.

• Saturday, June 3rd 2017 - 11:59 UTC

  Nomura Securities admits having purchased Venezuelan government bonds

  

  Japanese investment bank has admitted it was part of a controversial deal with Goldman Sachs to buy Venezuelan government bonds. Nomura Securities said it also bought about US$100m worth of the bonds last week, according to Reuters reports. Goldman Sachs has faced fierce criticism for its purchase of $2.8bn worth of similar bonds.

• Wednesday, May 31st 2017 - 06:16 UTC

  Falklands Annual Address: a confident community's proud report planning for the future

  

  Falklands' Acting Governor Alex Mitham looks back on the past year of activity for the Falkland Islands Government. The ceremony took place on Tuesday morning at the Court and Assembly Chambers during the Budget meeting of the Legislative Assembly