Colombia's first Antarctica expedition is expected to call in Punta Arenas on Wednesday before crossing to the peninsula to begin a three-month scientific hydrographic and climate research with twenty researchers on board committed to ten projects.
Ladies in distress, particularly in summer time when going swimming is a ritual in Argentina: in effect because of the imports restrictions and lack of sufficient dollars, tampons are in short supply. They had been scarce all along the year but the situation peaked now that summer holidays have taken off.
Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texas. If oil supply falls too far, we could see gasoline prices doubling within 18 months. For a commodity as critical to our standard of living as oil is, it only takes a small shortage to drive up the price.
China, Australia and possibly Thailand are planning to increase, replace or incorporate modern submarines to their fleets according to reports from Asia-Pacific countries. In the case of China they are expected to be nuclear-powered attack subs armed with ballistic missiles and should be operational by 2020.
Spain tried to persuade US politicians to drop an initiative calling for the House of Representatives in Washington to formally recognize Gibraltar’s right to self-determination. The plea was contained in a letter from Spain’s ambassador to Washington, Ramon Gil-Casares, to Republican Congressman George Holding, who sponsored the bi-partisan resolution.
Cuba has freed some of 53 people the United States regards as political prisoners as agreed under last month's US-Cuban rapprochement and Washington wants to see the rest released soon, the US State Department said on Tuesday.
Brazil must focus on making difficult fiscal adjustments in order to get economic growth and investment back in gear, the country's new Finance Minister Joaquim Levy said on Monday. At his swearing-in ceremony in Brasilia, Levy said the process will require the participation of society as a whole and will involve changes to taxes and spending, without resorting to accounting shortcuts.
Germany has said it will not be “blackmailed” into renegotiating Greece’s rescue program should a new hard left government take office after elections later this month. The Euro dropped to a nine-year low after a report in Der Spiegel magazine on Monday that Berlin was no longer opposed to Athens leaving the currency bloc.
Argentine farmers exported more than 300 million dollars worth of grains and oilseeds in the last two days of 2014 to help bring in much needed cash for the nation’s central bank. The situation was boosted by an agreement reached between farmers and the Argentine government regarding foreign currency payment for the grains and oilseed.
Latin America and the Caribbean's economic growth might recover modestly to 2.2% in 2015, up from 1.3% in 2014, its lowest rate since last decade's global financial crisis. Despite the slowdown, the region has managed to maintain its gains against poverty, said Inter-American Development Bank President Luis Alberto Moreno.