Argentina's Tecpetrol, part of the Techint Group, said on Thursday it would invest US$2.3 billion in the Vaca Muerta shale fields through 2019, the largest announcement in the formation in years. Tecpetrol said in a statement the investment was made possibly due to measures from President Mauricio Macri's government, including a deal with labor unions earlier this year and a definition of price supports this month.4 comments
Argentine foreign and defense ministers Susana Malcorra and Julio Martínez toured on Friday the recently repaired and refurbished Navy's icebreaker and Antarctica flagship, Almirante Irizar which a decade ago almost became a wreck after she caught fire on return from the annual Antarctic mission.5 comments
Argentine foreign minister Susana Malcorra downplayed enthusiasm about a possible air link between Comodoro Rivadavia and the Falkland Islands arguing that the approval of routes does not mean the approval of flights.3 comments
A judge in Argentina has ruled that the former president, Cristina Fernandez should stand trial on charges of financial mismanagement. Fernandez is accused of fraudulently administering state funds in 2015. The former economy minister, Axel Kiciloff, and the former head of the central bank have also been charged.39 comments
Jurist Alexandre de Moraes was sworn into office as a Justice in Brazil's Supreme Court on Wednesday. Moraes will fill the seat left by Justice Teori Zavascki, who died in a plane crash in January. Moraes headed the Ministry of Justice when was appointed to the Supreme Court by President Michel Temer. His nomination to the top court was confirmed by the Senate last month. He is expected to take charge of 7,500 cases as he joins the court.Add your comment!
UK ambassador in Argentina Mark Kent reiterated Falkland Islands sovereignty was not in the bilateral agenda, although the two countries can cooperate in other areas of mutual interest, letting the Islanders to develop and establish links with other South American countries.3 comments
Workers at the world's largest copper mine, BHP Billiton's Escondida in Chile, ended a lengthy strike Thursday that had caused turbulence on global copper markets. But the company warned they had only made matters worse by pushing negotiations back another year and a half.Add your comment!
In an effort to handle its overdue debts, Venezuela is all but giving away oil assets. President Nicolás Maduro is reportedly so desperate to pay the US$ 3.7 billion in debts that he is selling off the assets to Russia.1 comment
Although Venezuela has 18 refineries throughout the world and six on its own soil, on Thursday most states face a shortage of gasoline that has led to long lines at gas stations around the country. Venezuelans have spent hours in such lines, as they await a product that has been in short supply for several days in different cities across the country.4 comments
British people have shown terrorists they “will not defeat us” by carrying on with their lives as normal after the “sickening” Westminster attack, Theresa May told the House of Commons on Thursday. The Prime Minister said Parliament was sending out the message following Wednesday’s attack by a knife-wielding terrorist that “we will never waver in the face of terrorism”.Add your comment!