Investments

• Wednesday, August 28th 2013 - 14:24 UTC

  EU Home Affairs Commissioner heads mission to examine Spanish controls at Gibraltar border

  

  Cecilia Malmstrom, European Commissioner for Home Affairs, will be heading the mission tasked with examining border controls imposed on Gibraltar by Spain while a second mission will address the ‘customs dimension’ issue, the European Commission has confirmed. British authorities will be involved in the EC probe of the Gibraltar frontier as will Spanish officials but no date for the visit has been set though it is expected within a few weeks.

• Wednesday, August 28th 2013 - 14:22 UTC

  UK reaffirms support for Gibraltar; Picardo meets with PM Cameron and Hague

  

  British Prime Minister David Cameron office has highlighted the significance of Chief Minister Fabian Picardo’s visit to No 10 Downing Street as an indication of the relationship and support of UK for Gibraltar.

• Wednesday, August 28th 2013 - 14:13 UTC

  Falklands’ lawmaker invites Brazilian companies to join Islands oil industry development

  

  The sovereignty issue should be left aside and talks should concentrate on the business opportunities offered by the oil industry in the Falkland Islands, said lawmaker Dick Sawle during an interview with AP in Brazil where he is on a week long visit of business and political contacts.

• Wednesday, August 28th 2013 - 01:22 UTC

  Mujica and Cristina Fernandez seal peace at a de-sulphuring plant inauguration

  

  Uruguay and Argentina presidents Jose Mujica and Cristina Fernandez seem to have ironed out differences, at least in public and in the pictures, during the inauguration of a gasoline and diesel de-sulphuring plant in Montevideo, which was financed with Venezuelan funds and Argentine technology.

• Friday, August 23rd 2013 - 23:22 UTC

  Falklands reviewing tax returns from oil industry but confident ‘an acceptable outcome can be reached’

  

  The Falkland Islands government is reviewing a tax return submitted by one of the oil companies currently operating off-shore the Islands and is confident a mutually acceptable outcome can be reached.

• Friday, August 23rd 2013 - 23:18 UTC

  Falklands’ lawmaker begins round of contacts in Brazil’s main cities

  

  Falkland Islands lawmaker Dick Sawle is expected next week in Brazil where he will be meeting representatives from the business community, students’ organizations and share lunch with a group of members of Congress, announced British ambassador in Brasilia Alex Ellis.

• Friday, August 23rd 2013 - 23:15 UTC

  “Uniquely recalcitrant debtor” Argentina loses bonds’ appeal: next step US Supreme Court

  

  Argentina lost on Friday its appeal of a ruling that would force it to pay in full holders of 1.3 billion dollars in defaulted debt when it makes a payment to investors who took discounted restructured bonds, opening the prospect for a US Supreme Court appeal, which if it happens will push the litigation into 2014.

• Friday, August 23rd 2013 - 23:12 UTC

  Falklands’ oil companies banned 20 years from operating in Argentina by Cristina Fernandez

  

  Four London AIM listed oil companies carrying out exploration work in Falkland Islands waters have been barred from operating in Argentina. The measure affects Borders & Southern Petroleum, Desire Petroleum, Argos Resources and Falkland Oil and Gas.

• Thursday, August 22nd 2013 - 23:45 UTC

  Falklands’ lawmakers thank Cristina Fernandez for helping get the Islanders' message to the world

  

  Falkland Islands lawmakers at their final assembly on Thursday thanked Argentine President Cristina Fernandez for her, undoubtedly unintended assistance in getting the Falklands story publicized world-wide and in repeated headlines, reported the latest edition of the Penguin News in its front page.

• Thursday, August 22nd 2013 - 23:43 UTC

  China will build and finance two dams in Patagonia equivalent to 10% of Argentine power demand

  

  Argentina's government this week awarded a 4 billion dollars contract for the construction of two hydroelectric dams to a consortium led by China Gezhouba (Group) Co. and which includes Argentine firms Electroingenieria SA and Hidrocuyo SA.