The Falkland Islands Government welcomed Thursday's announcement by Premier Oil and partners that the 14/20-1 ‘Isobel Deep’ exploration well has been declared an oil discovery. Isobel Deep in the North Falkland basin, is the second well of a six-well offshore campaign planned to take place in the Islands waters through 2015.
The BBC Trust has rejected complaints over Top Gear's Patagonia special, in which a car number plate which appeared to refer to the 1982 Falklands war. The production team fled Argentina following protests over the use of the registration number H982 FKL.
Eliminating the illicit trade in tobacco would generate an annual tax windfall of 31 billion dollars for governments, improve public health, help cut crime and curb an important revenue source for the tobacco industry. Those are the key themes of World No Tobacco Day on May 31 when the World Health Organization will urge Member States to sign the Protocol to Eliminate the Illicit Trade in Tobacco Products.
Finance chiefs and central bankers from the Group of Seven economic powers discussed ways to revive the faltering global recovery on Thursday as the United States leant on Europe to reach a deal to avert a Greek bankruptcy. The threat of a Greek default, rising oil prices and bond market volatility are fuelling investor nervousness about the world's economy.
The head of an Argentine soy crushers' union expressed optimism on Thursday that a salary agreement was near and would end the strike, which has affected the key Rosario soy market.
The Argentine Football Association (AFA) issued on Thursday a press release in support of the US led investigation into FIFA and called for transparency in football, adding it joins the efforts to investigate corruption in the sport.
Brazilian police began investigating allegations of corruption in its soccer industry on Thursday, prompted by the arrests of top officials at world soccer body FIFA in a U.S. bribery probe. The country's Senate, led by former national soccer star Romario, who is now a prominent legislator, moved to open a formal inquiry into alleged bribes paid to obtain contracts with the Brazilian Soccer Federation (CBF).
Russian president Vladimir Putin waded into the FIFA scandal by accusing the United States of interfering in FIFA affairs after the US Justice Department ordered Swiss police to arrest seven senior FIFA officials on Wednesday. They were among nine current and former FIFA officials indicted.
Despite growing pressure to resign having presided over a series of corruption scandals, Sepp Blatter tells Congress he is still the man to rebuild trust in FIFA’s battered reputation
The Asian Football Confederation says it still supports Sepp Blatter's bid for another term as FIFA president, and opposes any move to delay Friday's scheduled elections in the wake of a string of corruption arrests of some of the federation's top officials.