FTSE 250-listed energy explorer Premier Oil with strong interests in the Falkland Islands oil industry, launched this week a new bond, as it looks to diversify its debt away from banks.
Argentina's Merval benchmark stock index climbed 3% on Tuesday to finish at a record high of 5,696.2 points, following a strong hike in YPF and Edenor stocks. YPF shares soared 11%, while electricity distributor Edenor saw prices close 19% up at the end of trading.
Current events in Gibraltar and the continued incursions by Spanish vessels in the Rock's territorial waters were addressed in a strong piece in the Daily Telegraph by the former head of the Royal Navy, Lord Admiral West. This follows calls from British MPs last week for pressure to be brought on Spain within the context of NATO.
Spain’s Minister for Agriculture, Food and the Environment, Miguel Arias Cañete, said Spain would take the UK to the European Court of Justice if the European Commission failed to take action over reclamation works in Gibraltar waters.
The United States, European Union and UK ambassadors in Asuncion openly expressed their support for Paraguay prosecutors that have been threatened by members of Congress because they insist in investigating lawmakers that are allegedly involved in corruption cases.
Pope Francis called for renewal of the Roman Catholic Church and attacked unfettered capitalism as a new tyranny, urging global leaders to fight poverty and growing inequality in the first major work he has authored alone as pontiff.
The world's largest biennial gathering of delegates in the global fight against corruption opened in Panama on Monday with the United Nations top crime fighter warning that the scourge not only hobbles sustainable development but generates other crimes.
The annual Overseas Territories Joint Ministerial Council (JMC) which brings together political leaders from the Overseas Territories and UK Ministers takes off in London on Tuesday, hosted by the FCO Minister for the Overseas Territories Mark Simmonds MP.
Britain’s Europe Minister, David Lidington, and Spanish Foreign Minister José Manuel García-Margallo are attending a top-level Anglo-Hispanic forum that starts this week in Oxford. The annual British-Spanish Tertulias Forum brings together senior ministers, parliamentarians, academics, business leaders, scientists and artists from both countries to discuss topical issues.
The dispute between the Argentine government and Repsol over the seizure of a 51% stake in petroleum company YPF has shown some signs of cooling, with the Ministry of Economy announcing on Monday that an agreement in principle for compensating the Spanish corporation had been reached.