Voters in Spain's Valencia region, a bastion of conservatism for two decades, are likely to desert Prime Minister Mariano Rajoy's party in droves in May's regional election, a poll published on Sunday found, in a taste of nationwide politics to come.
Argentine president Cristina Fernandez is leaving this week for an official visit to Russia and controversy over the agreements to be signed has erupted following the publication of a letter in a Sunday newspaper signed by a group of former Energy secretaries who claim the accords compromise Argentina with a foreign country in the execution of highly costly works, like it was done with China”.
The United States Energy Information Agency once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output. The current consensus of 500,000 B/D additional growth in 2015 US production now appears very much at risk.
The International Monetary Fund warned in a communiqué that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports.
China's central bank is to cut its bank reserve requirement ratio by one percentage point. The People's Bank of China said that the new reserve requirement would take effect from Monday. The aim is to stimulate more lending into the nation's slowing economy.
Falkland Islands former minefields that have been cleared by BACTEC International’s (*) deminers are, “cleared to a higher quality than the areas that are outside the fences,” assured Project Manager Julius Unsing, speaking to Penguin News this week.
Britain's Foreign Secretary Philip Hammond has accused Argentina of bullying after it announced on Friday in London that it was starting legal action against companies drilling for oil and gas near the Falkland Islands.
Argentina's Secretary of State for Malvinas Affairs, Daniel Filmus, defended Argentina´s sovereignty rights over the Falkland Islands in a speech he delivered in London condemning UK´s recent decision to increase its military presence in the South Atlantic, outlined the scope of the criminal lawsuit against oil companies 'illegally' operating in Falklands/Malvinas waters and warned of the environmental risks these activities entail.
The Argentine government continues disrespectfully to ignore “our inalienable right to determine our own future” and “develop our economy”, said the elected government of the Falkland Islands in a release responding to Argentine determination to impede the Islands right to develop the hydrocarbons industry and claims about 'militarization' of the South Atlantic.
Pope Francis will make his first visit as pontiff to Spanish-speaking Latin America in July, stopping in Ecuador, Bolivia and Paraguay, the Vatican said Thursday. The pope will kick off his trip in Ecuador on July 6, then travel to Bolivia on July 8 and wrap up his tour in Paraguay from July 10 to 12.