Stories for June 2023

Wednesday, June 7th 2023 - 10:07 UTC
Banco Itaú working its way out of Argentina

Banco Itaú is planning to close its operations in Argentina and is already in negotiations with Banco Macro S.A. for a buy-over, it was reported in Buenos Aires Tuesday.
Wednesday, June 7th 2023 - 10:00 UTC
Uruguay meat exports five months year-on-year down 25%

Uruguay’s revenue from meat exports dropped 25% year-on-year, some US$ 350 million less, according to data released this week by the National Meat Institute (INAC). In the first five months of 2023, US$ 1.055 billion worth of bovine meat was exported, clearly below the US$ 1.408 billion obtained in the same period of 2022.
Wednesday, June 7th 2023 - 09:55 UTC
Panama Canal water level suffering from climate change

Since the Panama Canal connected the Atlantic Ocean to the Pacific in the early 20th century, it changes forever the history of global shipping. Before the canal was completed, ships had to go around the southern tip of South America, close to the Falklands coal fueling deposits, and a much longer and more dangerous route.
Wednesday, June 7th 2023 - 09:44 UTC
Arctic Ocean may be ice-free during the summer from 2030 onwards

According to a recent study published in the journal Nature Communications, the Arctic Ocean may be ice-free during the summer from 2030 onwards regardless of the level of greenhouse gas emissions.
Wednesday, June 7th 2023 - 08:41 UTC
Visiting specialists scheduled to travel to the Falklands

The King Edward Memorial Hospital, KEMH is informing the public that the following visiting specialists are scheduled to travel to the Falkland Islands in the next few months.
Tuesday, June 6th 2023 - 10:39 UTC
World Bank economic prospects for Latin America and the Caribbean: projected growth 1,5% in 2023

In 2022, growth slowed in major Latin American economies due to weaker external demand and monetary tightening. Argentina and Brazil experienced a contraction in the fourth quarter of 2022, while other economies saw softer growth.
Tuesday, June 6th 2023 - 10:32 UTC
Falklands: with an inflation index of 6,1%, salaries increase in budget of 3%, trigger long debate

It briefly appeared the Falkland Islands Budget process was going to be delayed this year when MLA Leona Roberts supported by MLA Mark Pollard asked for “elements” of the 2023 Budget to be taken back to Budget Select Committee for further public consultation and engagement.
Tuesday, June 6th 2023 - 10:30 UTC
All money laundering charges against CFK dismissed

All charges against Argentine Vice President Cristina Fernández de Kirchner (CFK) have been dismissed in the money laundering case known as La Ruta del Dinero K (The K Money Route).
Tuesday, June 6th 2023 - 10:25 UTC
Falklands' 35 students in UK had allowances revised to face cost of living crisis

In the Falkland Islands Legislative Assembly this week MLA Leona Roberts responded to a question from MLA Gavin Short on the subject of whether Falklands students were facing financial difficulties while studying overseas and what steps FIG was taking to mitigate this if it was true.
Tuesday, June 6th 2023 - 10:18 UTC
Aruba, Venezuela resume bilateral trade after 4 years

After a four-year hiatus, trade between Aruba and Venezuela resumed Monday with the arrival of 80 tons of merchandise from the continent to the island, marking the resumption of trade relations between the two countries.