Investments

• Wednesday, October 6th 2021 - 19:22 UTC

  A Coup Attempt at the IMF

  

  By Joseph E. Stiglitz (*) - Kristalina Georgieva, the IMF's Managing Director since 2019, has been a bold leader in confronting the economic fallout of the pandemic, as well as in positioning the Fund as a global pioneer on climate change. The efforts now underway to remove her are not only unjust but could hamstring the Fund's management for years to come.

• Wednesday, October 6th 2021 - 09:02 UTC

  Uruguay opened its stand at the 2020 Universal Expo in Dubai

  

  Uruguay inaugurated Tuesday its stand at the 2020 Universal Expo in Dubai, an event that has attracted over 190 countries.

• Tuesday, October 5th 2021 - 09:20 UTC

  Falklands: Rockhopper targets lower costs for Sea Lion project and potential entry of Navitas Petroleum

  

  Rockhopper Exploration presented on the last day of September its half-year interim report, which follows on the shock announcement from Harbour Energy that it will seek to exit the Sea Lion Project in the North Falkland Basin.

• Saturday, October 2nd 2021 - 09:17 UTC

  Punta Arenas will have its International Antarctic Center following financing of the project

  

  Punta Arenas, as the capital of the Chilean Magallanes Region and Chilean Antarctica, will finally have its International Antarctic Center making the city the logistic hub and gate of access to Western Antarctica, following on the regional council's decision to support and finance the 88 million dollars project as part of the development program for Extreme Zones.

• Thursday, September 30th 2021 - 20:57 UTC

  LATAM obtains financing to reorganize the group and begin exiting bankruptcy

  

  On Wednesday, LATAM airlines announced it had obtained committed financing of US$ 750 million as part of the Chapter 11 proceedings, allowing the company to improve its financing conditions and to start exiting the bankruptcy process

• Tuesday, September 28th 2021 - 23:27 UTC

  Falklands makes second donation to Uruguayan charity, which assist vulnerable people

  

  The Falkland Islands Government, as part of its continuing efforts to contribute to the worldwide Coronavirus relief response, it has made a further donation of £5,000 to Centro de Promoción por la Dignidad Humana (CEPRODIH), based in Uruguay.

• Tuesday, September 28th 2021 - 08:30 UTC

  Peruvian currency plunges against US dollar following PM's nationalization threat against gas supplier

  

  The Peruvian sol fell sharply Monday against the US dollar in Lima markets following Sunday's statements from Prime Minister Guido Bellido, who threatened the new government might stabilize the cooking gas supplier Camisea.

• Monday, September 27th 2021 - 08:22 UTC

  Fonterra divesting from Chile after thirty years operations

  

  New Zealand's dairy group Fonterra, one of the largest in the world has announced it is leaving Chile after thirty years and has put on sale its Chilean branch Soprole of which it controls 99% of the stock.

• Friday, September 24th 2021 - 18:27 UTC

  Chinese financial move tumbles down cryptocurrencies

  

  A regulatory decision Friday by The People’s Bank of China (PBOC) has led to a sharp fall in the price of cryptocurrencies such as Bitcoin and Ethereum, which have dropped over 6% and 10% respectively after bouncing back in previous weeks.

• Friday, September 24th 2021 - 09:23 UTC

  Argentine court halts scrapping of Navy ship involved in 1982 Stanley landing

  

  An Argentine court ruling halted the scrapping of an Argentine Navy vessel involved on April 2, 1982, landing at the Falkland Islands. War Veterans had been critical of President Alberto Fernández's decision regarding the fate of the vessel.