Spain's Repsol-YPF CEO Antonio Brufau claimed on Wednesday that certain countries in Latinamerica, which he did not specify, seem to have difficulties in perceiving the benefits that come with foreign investments, both for the economy and its population.
The dollar on Wednesday slumped to a new record low against the Euro pushed by weaker US growth prospects and pressures for another cut to US interest rates when the Federal Reserve Monetary meets next December 11.
European Agriculture Commissioner Mariann Fischer Boel announced plans to reduce funding for Europe's biggest farmers which means anyone currently receiving more than 100,000 euros as part of the Single Payment Scheme would have their aid capped.