
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.

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.

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.

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.

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.

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.

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.