Argentina's biggest energy company YPF, has found unconventional shale oil and natural gas in Mendoza province, confirming the extension of the massive Vaca Muerta area, officials said on Thursday.
The UK is determined to strengthen relations with Latin America and equally committed to the Falkland Islands right to self-determination, said Foreign Secretary William Hague during a major foreign policy speech at banquet.
The Central Bank of Uruguay left its benchmark interest rate unchanged at 8.75% on Thursday, saying the current level is consistent with a restrictive monetary policy as Uruguayan authorities stubbornly battle high inflation.
Brazil's largest oil workers union filed a lawsuit against US oil company Chevron and drilling firm Transocean that seeks to cancel their rights to operate in the country as the result of an offshore oil spill last November.
Nine oil and gas companies have submitted 19 bids to explore for hydrocarbons off the coast of Uruguay, the state energy company Ancap said on Thursday.
Foreign Affairs minister Luis Almagro said that the Uruguayan government does not oppose trade with the Falkland Islands and any undertaking to that effect by the private sector is welcome since “Uruguay does not agree with any commercial or economic blockade of the Islands”.
Rio do Janeiro riot police used pepper spray and tear gas on Thursday to chase protesters away from a celebration by retired soldiers marking the March 1964 coup that established Brazil's long military dictatorship.
Argentina’s restrictions on books imports based on the ‘lead content of the ink in which they are published’ and the fact the Argentine government described the implementation as a “safeguard for human health” echoed worldwide, and official sources have now promised the situation will “be back to normal” in a few weeks.
On the verge of the South Atlantic conflict 30th anniversary, the UK’s Defence Secretary Philip Hammond said that the Falkland Islands “do not face a current credible military threat from Argentina”, and brushed aside the rumours published by the British sensationalist media.
Leaders of the emerging world met in India on Thursday to discuss creating a new development bank, at a summit in which the bloc will seek to convert its economic might into collective diplomatic clout.