The Falkland Islands has an oil legislation regime that is robust and encourages investment, believes Financial Secretary Nicola Granger. Details of a law firm’s report to the Falkland Islands Government (FIG) on tax legislation in relation to the oil and gas industry, and recommendations to Government by Ms Granger, were released to the public this week in a paper that outlines the report from Freshfields Bruckhaus Deringer LLP.
The Chilean navy is deploying two vessels to contain possible fuel leaks, in the area where a Navimag ferry on Monday morning struck a group of rocks and is half sunk and half resting on a beach.
Cattle rustling in Uruguay has become a daily issue and it's unfair that farmers should be forced to change of activity because justice is lenient when and if the perpetrators are caught, claimed the president of Uruguay's Rural Association, ARU, Ruben Echeverria.
The UK Home Office has been told to pay £224m to a major US corporation it sacked for failing to deliver a controversial secure borders program. Ministers will pay Raytheon £50m in damages, plus other costs. The order to make the payments comes from a binding arbitration tribunal. Home Affairs Committee chairman Keith Vaz called it a catastrophic result.
WikiLeaks founder Julian Assange, who has spent over two years inside Ecuador's London embassy to avoid extradition to Sweden, said on Monday he planned to leave the building soon, but his spokesman said that could only happen if Britain let him.
Pope Francis ended his first official visit to Asia on Monday with a fresh overture to China and a call for reconciliation between South Korea and its totalitarian neighbor, North Korea. As the pope flew across Chinese airspace on his return flight to Rome, he sent a telegram — his second during the trip — to President Xi Jinping, expressing his “divine blessings” for the powerful leader and the Chinese people.
Argentine Defense minister Agustín Rossi praised on Monday his Chilean peer statements relative to Chile's role and attitude during the Falklands war when Britain sent a task force to expulse the Argentine military invasion in 1982.
Environmentalist Marina Silva could unseat incumbent Dilma Rousseff in Brazil's presidential elections in October, a public opinion poll revealed on Monday, reflecting an altered political landscape since Silva's running mate was killed in a plane crash last week.
The Brazilian Socialist Party plans to launch environmentalist Marina Silva as its presidential candidate this week, replacing party leader Eduardo Campos who was killed in a plane clash, a senior party official said over the weekend.
The 100th anniversary of the opening of the Panama Canal, hailed at the time as one of the world's great wonders, has inspired a celebration in central US state Florida to showcase the experience of the US canal workers behind the engineering feat.