Petrobras, the Brazilian state owned oil company purchased for 450 million US dollars all assets of Agip in Brazil, a company belonging to the Italian corporation ENI.
Headlines:
ENAP Refineries absorbs fuel storage; Chilean travel agents face new priorities; Big party in Valparaiso for USS Reagan seamen.
President Nestor Kirchner said at the start of his official visit to China that Argentina and the Southern Cone Common Market (Mercosur) were willing to promote economic and trade cooperation for mutual benefit.
Headlines:
Princess Anne arrives in Gibraltar; Spain lodges formal complaint; Cruise issue: UK seeks permanent solution; Spain continues military blockade; Financial journalists invited to the Rock.
US Agriculture Department will be making further tests following the first possible case of mad cow disease apparently detected in a single animal in Iowa.
Initial testing on the animal produced inconclusive results and US DA' chief veterinarian John Clifford said that this is not at all unexpected. Screening tests are designed to be extremely sensitive.
Headlines:
Ten years of midwinter madness; European funding bid progresses: agreement signed; New oil exploration company for Falklands drilling; More problems forWorld Discoverer; Councillors meet Bielsa; Murder on St Helena.
The Chilean crewmember isolated in a cabin bed of the fishing vessel Globalpesca 1 with severe lumbar pains that prevent him from working will be evacuated by a Russian fishing vessel heading for Punta Arenas, according to the latest reports from the local press.
Argentine President Nestor Kirchner and a delegation of 270 businessmen, ministers and provincial governors left on Thursday for China where next Monday they will begin an official state visit with the purpose of increasing trade and political contacts with the Asian giant.
Valparaiso is not Sodom and Gomorra said Chilean governor Ivan de la Maza flatly rejecting that the country's main port is about to become the biggest sex market when the large USS Ronald Reagan aircraft carrier arrives this week end.
Argentina flatly refused European Union access to the South Atlantic fisheries given the delicate situation of the resource which is over exploited.