The UK is supporting and helping finance the development of a 20 million-dollar small scale renewable energy project in Chile. The project will be financed from the joint UK-Germany NAMA (Nationally Appropriate Mitigation Action) Facility and Chile's is only one in four of 47 projects worldwide that applied for this funding and reflects the quality of the Chilean application.
Figures from industry bodies indicate that bicycles outsold cars in 26 of the European Union's 28 states in 2012. It is thought the trend reflects a slump in car sales brought on by the continent's economic crisis.
A Tory MP has asked the British Government to press Spain within the European Union over “legal problems” arising from Ceuta and Melilla. Philip Hollobone, the Conservative MP for Kettering, made the request in a written parliamentary question on Gibraltar tabled in the House of Commons.
Brazil trusts Mercosur and the European Union can exchange the proposed tariff lists for a free trade agreement keeping to the original schedule, before the end of the year, according to the country's foreign ministry.
Fifa has admitted that not all of the stadiums for the Brazil World Cup will be ready in time for its original deadline of January. But Fifa president, Sepp Blatter, said he was confident all 12 stadiums would be ready when the tournament kicks off in June following a meeting with the local organizing committee.
The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.
Fitch Argentina announced this week that industry pioneer Douglas Elespe has become its CEO/Managing Director and new venture partner, and will lead the company's shift to an Argentine and Uruguayan domestic credit ratings business focus under the new name FIX-SCR. The financial terms of the transaction are not disclosed.
Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.
Argentina's cabinet chief on Monday hit back at the United States reacting to comments from the White House on the Argentine central bank reserves saying he was worried about the US and UK debt levels, the US debt reaches over 100% of GDP.
Spanish Prime Minister Mariano Rajoy drew a line under the diplomatic bag incident at the Gibraltar border following a conversation with his British counterpart, David Cameron. The two men spoke on the side lines of an EU summit in Vilnius, Lithuania, although their conversation centered mostly on Scotland and Catalonia, according to Spanish reports. “This (incident) has been resolved” said the Spanish president.