Spanish-Argentine oil company Repsol YPF SA admitted Monday that it's looking to divest a stake of around 45% of its Argentine unit YPF which it purchased in 1999 for the sum of 15 billion US dollars when Argentina was ruled by President Carlos Menem.
President Luiz Inacio Lula da Silva said Monday that rich nations should pay poorer countries to preserve their forests because the rich are responsible for most of the world's greenhouse gas emissions
LAN Airlines S.A. one of the leading airline groups in Latin America held Monday the reception ceremony for the first Airbus A318 aircraft to be incorporated into the Company's fleet.
Less than 24 hours after the Buenos Aires City elections results were made official, Argentine president Nestor Kirchner jumped into the run off dispute scheduled for next June 24 between the Conservative winner of the first round Maruicio Macri (46%), and his protégé and Education Minister Daniel Filmus (24%).
Today Argentina's capital will be voting for a new mayor (governor) and given the political significance of Buenos Aires City June 3 will be signaling the beginning of five long months of electoral battling culminating October 28 with the election, most probably, of another Kirchner (Mr. or Mrs.)
The Secretary General of the Organization of American States (OAS), José Miguel Insulza, defended Sunday the concept of democracy enshrined in the Inter-American Democratic Charter, which includes citizen participation, separation of powers, respect for human rights and respect for freedom of expression and of the press among the basic values of an inclusive democracy.
Brazilian President Luiz Inacio Lula da Silva arrived Sunday morning to New Delhi on a three-day state visit, which is expected to strengthen strategic and economic ties between the two countries. The main issues discussed would be multilateral trade talks, climate change and UN reforms.
Battle for conservation of sharks and cedar trees begins in The Hague
The Convention on International Trade in Endangered Species is expected to call for new limitations on commercial fisheries and timber, particularly certain species of sharks and cedar trees which are extensively used for furniture and humidors.
President Hugo Chavez threatened to terminate the broadcast licences of private media outlets seen as sowing unrest in Venezuela, just days after the nation's oldest private TV station was forced off the air when the Venezuelan government refused to renew its broadcast license.
Buenos Aires City Conservative candidate Mauricio Macri on Sunday night was almost doubling the votes of his runner up but still short of the 50% plus one needed, and will therefore have to face a run off nest June 24 in the election for mayor of Argentina's capital.