Investments

• Wednesday, September 7th 2016 - 13:41 UTC

  Montevideo will have a specific fishing terminal and freezing storage by 2019

  

  Uruguay plans to build a major terminal for the fishing industry, with sufficient freezing capacity, in the Capurro Park, approximately a mile to the west from the current mooring facilities in the Montevideo bay port.

• Tuesday, September 6th 2016 - 17:17 UTC

  Meirelles invites foreign investors to take advantage of US$ 269bn opportunities

  

  Brazil's economy could grow 2.5% in 2018 and expand at an even faster rate over the following years, Finance Minister Henrique Meirelles said at a seminar in Shanghai.

• Wednesday, August 31st 2016 - 13:54 UTC

  China expects G20 summit confirms its world standing, but admits vulnerable flanks

  

  China is hoping to cement its standing as a global power when it hosts leaders from the world's biggest economies this weekend, but suspects the West and its allies will try to deny Beijing what it sees as its rightful place on the international stage. Ensuring that this does not happen will be one of President Xi Jinping's priorities, and a key mark of how successful China will judge the G20 summit to be.

• Wednesday, August 31st 2016 - 12:34 UTC

  Macri at G20 to represent the “new” Argentina and after crucial investments

  

  Argentine president Mauricio Macri is off to Hangzhou, China for this first G20 summit where he is expected to hold bilateral talks with the host Xi Jinping, Russia's Vladimir Putin, Germany's Merkel and probably UK prime minister Theresa May.

• Sunday, August 28th 2016 - 03:56 UTC

  Rousseff takes the stand on Monday, following the round of defense witnesses

  

  Suspended Brazilian president Dilma Rousseff's former economy minister testified Saturday that Rousseff did not break any laws justifying impeachment, as her trial closed in on next week's climax. Rousseff is accused of taking illegal state loans to help bridge budget shortfalls and mask the true state of the economy during her 2014 reelection campaign. The president argues the charges are trumped up and amount to a rightwing coup.

• Friday, August 26th 2016 - 08:13 UTC

  Falklands and Montserrat sign marine spatial environment partnership accord

  

  UK Overseas Territories governments of the Falkland Islands and Montserrat have signed an agreement that facilitates a Territory to Territory partnership with the purpose of transferring knowledge and skills from the South Atlantic and the Caribbean. The skills and knowledge transfer will focus on information management and marine spatial planning.

• Tuesday, August 23rd 2016 - 06:37 UTC

  Premier Oil currently drafting a Project Proposal for oil production in the Falklands

  

  The commercialisation of the Sea Lion Oil Field off the Falkland Island’s continues to take steps forward as Premier Oil prepares a detailed project proposal to be submitted to the Falkland Island’s Government (FIG). Premier Oil has been undertaking public consultations in the Falklands over the past week as part of their Environmental Impact Assessment, which will support their application to FIG to proceed with oil development.

• Monday, August 22nd 2016 - 11:13 UTC

  Despite all odds, Rio “the marvelous city” earned its Olympian record

  

  Rio do Janeiro is the marvelous city, the heart of Brazil, are the lyrics of the song which identifies the sublime and the misery of Latin America's biggest country with the largest economy. This Sunday ended the almost three weeks 31st Summer Olympics hosted for the first time by a non developed country, and contrary to fears and uncertainties ended as a complete success, winning the hearts of all those who shared the Rio Games.

• Wednesday, August 10th 2016 - 15:49 UTC

  Brazilian Senate votes to impeach Rousseff, and Temer could cease to be “interim” president

  

  Brazilian Senate has voted to begin the impeachment trial of embattled President Dilma Rousseff, a move that could officially hand over power to her former vice president – current interim president – Michel Temer. The impeachment trial is expected to open around August 25 - four days after the Olympics finish - and go on for five days, ending with a vote in judgment.

• Wednesday, August 10th 2016 - 03:54 UTC

  Falklands 2014 and 2015 business climate surveys “very good”, but 2016 prospects aren't so rosy

  

  The Falklands Business Climate Survey strongly suggests that 2014 and 2015 were two very good years for the Islands economy and its business community, which translated in profits and higher levels of turnover, particularly 2015. However survey respondents predictions for this year and onwards aren't as rosy with many businesses anticipating lower turnover and investments, but not necessarily profits, while the overall average rating for the Islands' economy weighed between “average” and “good”.