Financial experts expect Brazil's economy to shrink 0.83% in 2015, its biggest contraction since 1990, and inflation to climb to 8.12%, its highest level since 2003, according to the results of a Central Bank survey released on Monday.
A statement from UK Defense secretary Michael Fallon relative to the Falkland Islands' garrison is expected sometime this week, according to reports in the British media. The Falklands' military response capacity has been a matter of much ongoing debate among analysts and former officers, as Argentina allegedly is involved in increased military expenditure.
Ushuaia daily Diario Fin del Mundo recalls that 33 years ago on 19 March 1982, the Argentine navy transport vessel ARA Bahía Buen Suceso landed in South Georgia a party of workers on contract to dismantle remains of the whaling station, and on arriving raised the Argentine flag. An incident which was to lead to the full-fledged conflict the following month.
The Journal of Antarctic Affairs is the new academic magazine of the Antarctic and Southern Ocean Coalition (ASOC) and Agenda Antarctica. The Journal aims to publish and disseminate the most prominent and influential research in relation to Antarctica by publishing articles, reviews and official documents in both English and Spanish twice a year.
As the perils of climate change increasingly threaten the planet, the international community must unite in “a spirit of urgent cooperation” to address the many water-related challenges facing humanity, United Nations Secretary-General Ban Ki-moon declared on Sunday.
On Tuesday 21 April the Falkland Islands will be holding a parade to celebrate the birthday of Queen Elizabeth. Contingents from the Royal Navy, Army, Royal Air Force and the Falklands' Defense Force will form at Stanley's Victory Green, reports Gilbert House, seat of the Falklands' elected Legislative Assembly.
Swiss prosecutors have uncovered over 300 accounts at more than 30 Swiss banks that they suspect are linked to the massive corruption and money-laundering scandal at Brazil's state-run oil company Petrobras.
Argentina's Cabinet Chief Anibal Fernández said on Sunday that he has filed an official complaint against attorney Adrian Bastianes, who posted on Twitter a photo of the dead body of AMIA special prosecutor Alberto Nisman, to the Federal Police.
United States Judge Thomas Griesa finally authorized Citibank Argentina to process interest payments of bonds issued under Argentine law, with a payment deadline on March 31 and on June 30, and to exit its custody business in Argentina.
Petrobras corruption scandal reaches New York court: banks will have to explain sale of bonds to US investors
Fifteen banks will join Petrobras next week, April 3, in a New York court to explain how they did nothing wrong when selling 98 billion dollars worth of the Brazilian state oil company’s bonds to American investors. Of the 15, lawyers representing the investment banking divisions of Itau and Bradesco will appear before New York judge Jed Rakoff in hopes to escape the scandal.