Investments

Wednesday, June 3rd 2015 - 08:18 UTC
Falklands faces fiscal 2015/16 with surplus budget, all industries prospering and 1.4% inflation

The Falkland Islands Legislative Assembly received on Tuesday the Appropriation Bill which allows for expenditure of £61.4M pounds in the fiscal year 2015/16, supported by revenues of £56.9M and a projected £4.9M from oil and gas exploration, thus completing another surplus year.
Saturday, May 30th 2015 - 09:01 UTC
Ford announces investments to boost car production in Argentina

Ford Argentina announced investments in the country for some 220 million dollars following a meeting between President Cristina Fernández and local and regional executives from the US corporation.
Friday, May 29th 2015 - 09:44 UTC
Falkland Islands welcomes 'oil discovery' at the Isobel Deep exploration

The Falkland Islands Government welcomed Thursday's announcement by Premier Oil and partners that the 14/20-1 ‘Isobel Deep’ exploration well has been declared an “oil discovery”. Isobel Deep in the North Falkland basin, is the second well of a six-well offshore campaign planned to take place in the Islands waters through 2015.
Monday, May 25th 2015 - 07:21 UTC
Mexico compensates China for cancelling high-speed rail contract

Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m for cancelling a $3.75bn high-speed rail contract. CRCC was at the head of a consortium that had won the project last year, which was abruptly revoked shortly after being awarded.
Monday, May 25th 2015 - 06:25 UTC
Bachelet underlines close economic and political ties of Chile with China

Chile and China have enjoyed a positive and fruitful relationship and bilateral ties will further develop very strongly in the future, anticipated Chilean President Michelle Bachelet during an interview with Xinhua prior to Chinese Premier Li Keqiang's upcoming visit
Monday, May 25th 2015 - 06:20 UTC
Li Keqiang in Chile pledges to lift strategic partnership to a new height

Chinese Premier Li Keqiang arrived in Santiago on Sunday for an official visit to Chile, the first South American country with which China forged diplomatic ties (1970) and also the first Latin American nation with which China signed a free trade agreement.
Sunday, May 24th 2015 - 08:13 UTC
Obama and Putin congratulate Cristina Fernandez and Argentina on 25 May, National Day

US President Barack Obama and his Russian counterpart, Vladimir Putin, have sent letters to President Cristina Fernández to salute the head of state and congratulate the Argentine people on the anniversary of the May Revolution.
Saturday, May 23rd 2015 - 10:27 UTC
China and Peru agree to study feasibility of transcontinental railroad

China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported.
Friday, May 22nd 2015 - 08:52 UTC
PM Li Keqiang in Bogotá: China and Colombia considering free trade accord

Chinese Premier Li Keqiang vowed to deepen economic ties with Colombia after arriving to Bogotá on Thursday, as part of his four-nation South American tour aimed at boosting trade and investment. Li is the highest-ranking Chinese official to visit Colombia since the two nations established diplomatic ties 35 years ago and his visit was hailed as historic by President Juan Manuel Santos.
Wednesday, May 20th 2015 - 05:44 UTC
Beijing to the rescue of sliding Brazil: 53bn dollars in trade, finance and investment

Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.