The International Centre for Settlement of Investment Disputes (ICSID) in Washington, D.C., has awarded Sempra Energy approximately 172 million US dollars, including interest, to settle a 2002 dispute involving the company's 43% ownership in two Argentine natural gas holding companies, Sodigas Pampeana and Sodigas Sur.
Argentina announced a formal protest before the United Kingdom for having extended hydrocarbons exploration and production licences to the east and south of the Falkland Islands. The Foreign Affairs Ministry also anticipated discouragement letters to the companies involved reported the Buenos Aires press Tuesday evening.
An invasion of predatory Humboldt squid into northern Pacific waters is decimating hake catches in the Pacific Ocean, including along Chile's coast. This is the conclusion of an extensive study carried out over 19 years by the Monterey Bay Aquarium Research Institute (MBARI).
ArcelorMittal the world's largest steel group announced plans to offer 542 million US dollars to take over Argentina's Acindar and increase its presence in Latinamerica.
Britain awarded this week the first contract for the new equipment that will be fitted to the 65,000 tonne aircraft carriers Ministry of Defence has announced it is to order.
BHP Billiton which this week announced it had acquired an interest in 14 exploration and production licenses offshore the Falkland Islands is a leading global leader in the diversified resources industry with an annual turnover of 47.5 billion US dollars in fiscal 2007.
Weather conditions are improving in Mercosur main farm areas helping advance optimistic prospects for the 2007/08 harvests. In Argentina the wheat crop is predicted to reach 14 million tons while corn and sunflower planted areas are expected to increase significantly.
Ecuadorian president Rafael Correa received a landslide support in the Sunday election for a Constitutional Assembly which will be tasked with reforming the country's constitution and leading it towards what he has defined as XXI Century Socialism.
London was reacquainted on Monday with one of its iconic sounds when Big Ben finally chimed for the first time in seven weeks. After almost two months of maintenance work, London's most famous landmark was once again fully functional - to the delight of millions of tourists and residents alike.
The annual Fisheries Science Meeting of the Government of South Georgia and the South Sandwich Islands (SGSSI) was held recently in the Falkland Islands