European leaders have warned Greeks that rejecting creditors' proposals in a snap referendum called for Sunday would mean leaving the Euro. German Vice Chancellor Sigmar Gabriel said the vote would be “yes or no to the Euro zone”.
The Argentine court order that assets of several international oil companies drilling for oil in the Falkland Islands be seized has caused mild turbulence in their share prices. Tierra del Fuego judge Lilian Herraez ordered the authorities to seize bank accounts, boats and other assets worth an estimated US$156mln.
Strangling Falklands' hydrocarbons industry is 'unacceptable' with dangerous implications for global business
The government of Argentina's campaign to strangle the Falkland Islands hydrocarbons industry is 'unacceptable' and taking action against British and international oil and gas companies has dangerous implications for global business, warned Foreign Office minister Hugo Swire on Monday reacting to an Argentine federal court orderin...
“Argentine courts have no jurisdiction in the Falkland Islands”, said Falklands' lawmaker Mike Summers early Monday in response to the latest Argentine attempt into bullying the Islands and derailing its economy.
China has hosted the signing ceremony of the Asian Infrastructure Investment Bank (AIIB), a new international financial institution set to rival the World Bank and Asian Development Bank. Delegates from 50 countries signed articles that determine each member's share and the bank's initial capital.
NBC has ended its relationship with real estate developer and TV personality Donald Trump and his Miss USA and Miss Universe pageants after he made comments insulting Mexicans when he began his run for president. The pageants, which are part of a joint venture between NBC-Universal and Trump, would no longer air on NBC due to the recent derogatory statements by Donald Trump regarding immigrants the company said in a press release.
State-controlled oil giant Petrobras, which is mired in a corruption scandal that has rocked Brazil, said Monday it was cutting investment by 37% during the 2015-2019 period. Investment during the period will now total $130.3 billion, down from the $220.6 billion originally planned, Petrobras said in a filing with the Sao Paulo Stock Exchange.
General Cundom sworn in as new Argentine Army chief; outgoing Milani slams media for slander campaign
General Ricardo Cundom was sworn in on Monday as the new chief of the Argentine Army, and in his first words said that replacing outgoing César Milani in the role was the biggest challenge he had ever faced.
The 53 member states of the Commonwealth have pledged to support Guyana in the ongoing maritime border dispute with Venezuela. Commonwealth Secretary General Kamalesh Sharma, sought to assure the government of the groupings commitment on his arrival to Jamaica.
Chile defender Gonzalo Jara will miss the rest of the current Copa America after being suspended for three matches for sticking his finger up an opponent's backside and feigning injury during a match.
President Cristina Fernandez Victory Front candidate for Tierra del Fuego Rosana Bertone will be the next governor of the province, after rival Federico Sciurano conceded defeat in the race to succeed Fabiana Ríos. With 70.9% of ballot stations counted Victory Front senator Bertone led with 50.1% of votes compared to 46.52% for Sciurano, from the opposition led coalition.
Argentina's flag carrier sacked two pilots and banned a glamorous star and part time stripper from flying in the airline following the release of a video where she is seen in the cabin manipulating some of the instruments when taking off and landing. Victoria Xipolitakis personally offered the recording in her cellular to a local television channel triggering immediate reaction from Aerolineas Argentinas, air security authorities and even passengers.
Greek banks are to remain closed and capital controls will be imposed, Prime Minister Alexis Tsipras announced. Speaking after the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, Tsipras underlined Greek deposits were safe.
Puerto Rico’s governor Alejandro Garcia Padilla has admitted that the island cannot pay its roughly $72 billion dollars in debts, an admission that will probably have wide-reaching financial repercussions beginning Monday. Last week the governor and his top staff anticipated they would seek significant concessions from the island’s creditors.
- Energy & Oil
- Argentine judge orders seizure of Falklands' oil companies assets
- Argentina's economy picks up 1.1% during first quarter compared to a year ago
- Ambassador Castro hosts social promotion activity of probably Argentina's next First Lady
- Vatican signs first treaty with 'State of Palestine; supports two-state solution
- Falklands' 'fk' domain battle at the ICANN Buenos Aires conference
- Timerman: UK attempts to convince Malvinas population that it could have a right to self-determination that does not exist
- Argentina's vice-president to stand trial on bribery and conflict of interests charges
- Obama given authority to conclude trade agreements and US workers financial aid for possible job loss