British Ambassador in Argentina Sir Robin Christopher said he was certain that British investments will return to Argentina.
The volatile oil market ended the week with new record prices, ever closer to the 50 US dollars per barrel benchmark.
The following article was published in today's Buenos Aires Herald by Michael Soltys.
Book launch Argentina-Britain, Bilateral Agreements 1823-2002
The Carter Center which will act as observer of this Sunday's presidential recall referendum in Venezuela urged the opposition to desist from plans to release incomplete electoral results before the voting is over.
European Union and Mercosur agreed this Thursday in Brasilia to suspend negotiations until September after failing to make progress in a bilateral trade agreement.
Headlines:
Straw to meet Bielsa: ?no sovereignty talks'; Loligo going well; Drink driver avoids jail; Servicemen's San Carlos to Stanley yomp raises over £1,000.
Petrobras Energia the Argentine branch of Brazilian oil group Petrobras reported an oil and gas discovery in Argentina's Patagonian province of Santa Cruz.
Headlines:
Hake research cruise in south Chile; Korean cooperation for Santa Cruz aquaculture industry; Chubut questions hake quota allocation.
Headlines:
UV radiation controversy in Chile; ENAP surveys for gas in Tierra del Fuego; Patagonia Chambers of Commerce unite.
Brazilian authorities are confident the country will reach oil production self-sufficiency a year ahead of target. Government owned hydrocarbons complex Petrobras hopes to produce 1,85 million barrels of crude per day by the end of 2005, enough to cover domestic demand, year ahead of schedule.