The US federal deficit has reached 1.38 trillion US dollars with one month left for the current fiscal year, according to Treasury Department statistics released on Friday. In August the deficit was 111.4 billion US dollars.
Oil and gas explorer Rockhopper Exploration with licences in the North Falkland Basin announced Friday it had agreed terms with a third party energy company for a farm-in to one of the Company’s licences, including support for the costs of drilling one well.
Gibraltar celebrated on September 10th its National Day reaffirming its right to determine its future in accordance with the people’s wishes, rights and aspirations.
Dozens of tax officials raided on Thursday Argentina's biggest newspaper, intensifying a fierce battle between the government and one of Latinamerica's largest media groups.
More than 150 tax inspectors searched the Buenos Aires building housing the offices of daily Clarin, which is owned by media and telecommunications company Grupo Clarin, and removed files and documents.
DESIRE SHARE PRICE SOARS ON BACK OF OIL NEWS.
Desire Petroleum shareholders who have stood by their investments for more than a decade were rewarded yesterday when the news that a rig had been sourced sent shares leaping almost 40 per cent to 89p.
The Malvinas Families members that will be traveling to the Falkland Islands next month for the official inauguration of the Memorial at the Argentine Cemetery at Darwin will be limited to 375 (170 and 205) according to the latest reports from Buenos Aires.
The European Milk Board, representing milk producer organisations from eight European countries, has announced a far-reaching revolt, including farmer blockades of dairies and the withholding of milk from the market.
China has announced plans to build 42 new high-speed railway lines over the next three years. In a breakthrough, China has developed trains that can run on both high-speed and normal lines, said railway official Zhang Shuguang.
Oil prices closed Thursday above 72 US dollars a barrel following the meeting of the producers' cartel OPEC on Wednesday and the International Energy Agency forecast of stronger demand as the global economy recovers.
The Bank of England held the United Kingdom’s base rate at 0.5% Thursday, marking the sixth consecutive month of record low rates. The Bank's Monetary Policy Committee also made no changes to its quantitative easing policy.