One of the major international players in Bolivia's natural gas industry Repsol-YPF announced that taking the Bolivian government to court over the recent approval of the new energy bill seems inevitable.
Brazilian president Luiz Inacio Lula da Silva addressing a business forum in Sao Paulo discarded adopting populist measures to speed up the growth of the economy which seems to have slackened in the first quarter of 2005.
A nine year old cow in the northern island of Hokkaido has been confirmed a the nineteenth case of mad cow in Japan, confirmed Thursday the Ministry of Public Health, Labour and Human Services.
The Governing Council of the European Central Bank decided Thursday to keep basic interest rates in the Euro zone unchanged at 2% given the moderate growth performance of the economy and the fact domestic inflationary pressures remain contained in the medium term.
Standard & Poor's, the credit-rating agency upgraded Argentina's long-term debt rating to a B- with a stable outlook, up from SD, or selective default, a sign the country is mending its relationship with international markets after declaring a record default in December 2001
Repsol-YPF CEO Antonio Brufau said the company is planning to invest 6,5 billion US dollars in Argentina in the next five years, 74% of which in exploration and production of oil and natural gas both inland and offshore.
Brazil's Market Prices General Index, IGP-M with a strong incidence of wholesale prices, contracted 0,22% in May after having expanded 0,86% in April according to the latest release from the Getulio Vargas Foundation, FGV.
Details of how a mini-Royal Navy task force was secretly despatched to the Falklands to defend the islands from Argentinian attack are revealed in documents made public for the first time yesterday.
The salary conflict that has paralysed a large sector of the fisheries industry for 37 days in the Province of Chubut resulted in the loss of at least EUR 5.4 million, according to Mario Ordiales, the president of the Argentine-Patagonian Chamber of Fisheries Industries
Enrique Iglesias is expected to present his resignation as president of the Inter-American Development Bank this week, triggering what will be a hotly contested battle for leadership of the western hemisphere's most important multilateral development institution.