Reuters has reported that the Falkland Islands got its first sovereign credit rating, an investment-grade A+ score from S&P Global on Monday, as the tiny British-run territory looks to dip into borrowing markets to pay for improvements to its main port.
The Falkland Islands' fishing industry partners/associates in Vigo are faced with good and bad news. The good news is that the Loligo catch is expected to reach 50,000 tons, while the bad news is that the exceptional squid harvest expected to begin arriving next week in Vigo will be, for the first time facing a 6% tariff when landed in Spain, according to the Galicia media.
The Royal Navy late Thursday withdrew two vessels off Jersey Island, thus easing tensions with France over fishing rights and a demonstration by trawlers in demand of access to waters under a different legal status since Brexit.
The British government of Prime Minister Boris Johnson finally agreed to grant the representative of the European Union the diplomatic status held by all foreign ambassadors, which seemed natural after Brexit, but not for those who claimed the EU is not a nation-state.
On Monday, May 3, Northern Ireland marked its centenary under coronavirus restrictions, growing post-Brexit unrest and a leadership crisis marring the anniversary in the British-ruled province.
The British government Tuesday revealed that William Russell, the Lord Mayor of The City of London, paid a virtual visit to Chile on 9 and 10 March to strengthen trade links with the South American country.
The European Union launched legal action against Britain on Monday for unilaterally changing trading arrangements for Northern Ireland that Brussels says breach the Brexit divorce deal agreed with London last year.
The UK has ratified the International Agreement on Taxation and the Protection of Financial Interests between the United Kingdom of Great Britain and Northern Ireland and the Kingdom of Spain regarding Gibraltar.
UK/European Union trade contracted in the first month of their new post-Brexit relationship, with record falls in British exports and imports of goods as COVID-19 restrictions continued on both sides.
The UK Government has included Gibraltar in the UK Community Renewal Fund for 2021-22. This means that projects in Gibraltar will be eligible for funding up to a maximum of half a million pounds.