The huge corruption case swirling around Brazilian oil company Petrobras is being called the world’s largest, and increasing numbers of Norwegian companies seem to be getting tangled up in it. Norwegian bosses mostly claim no knowledge of any bribes being paid, but investigations are underway on several fronts.
Less than one third of Spaniards want a re-run of 20 December's election, which resulted in a stalemate, with two-thirds favoring a pact between parties, a poll showed. Just 7% of those surveyed said they would change their votes in a fresh election, while 87.1% said they would vote the same way.
A growing number of foreign investors are signaling interest in Argentina following the pro-market turn that newly-inaugurated President Mauricio Macri started showing since taking office. The latest financial player to endorse the country as a promising investment destination was JP Morgan Chase, the largest bank in the United States, where current Finance Minister Alfonso Prat-Gay worked in the past.
Brazil’s reluctance to accept an Argentine born pro-settler politician as Israeli ambassador has triggered a diplomatic clash and concerns it could seriously damage future relations between the two countries.
The new five-year Strategy for South Georgia & the South Sandwich Islands 2016-2020 was published on 27th November. The Strategy sets out an ambitious agenda to deliver the highest standards of environmental stewardship and governance for the British Overseas Territory, according to the latest South Georgia Newsletter.
Argentina's two largest state workers unions have warned they will be carrying out a strike on December 29 as a response to president Mauricio Macri's government vow to review public-sector contracts.
Uruguayan representatives of public entities who travelled to the United Kingdom and Brazil fed back on their experiences on Public-Private Partnership in an event held in the central office of the National Development Corporation (CND) in Montevideo.
This short week and the month of January will test if the Argentine administration of president Mauricio Macri can continue to build up Central Bank reserves following on the decision to end the dollar clamp, let the foreign exchange float, together with the prospect of loans and hoarded grain sales.
Chile’s Congress has approved a law granting free university education to many of the country’s students. The law was approved by both houses of the legislature last week before Christmas. The measure is a pillar of President Michelle Bachelet’s reform promises and is expected to aid about 200,000 students at state universities.
Tierra del Fuego tourism industry praised the Argentine government's decisions to end the dollar clamp and make more transparent the foreign money exchange because this will make the country, and Tierra del Fuego, highly competitive internationally. However they also cautioned that consideration must be given to domestic and regional tourists which make up almost 45% of the number of the people visiting the extreme south of Argentina.