Argentina will seek to remove from the bonds market nearly 40% of its sovereign debt and meet all its financial obligations, Economy Minister Amado Boudou was quoted by a Buenos Aires daily on Sunday.
British Labour and Conservatives are shaping up for a battle to the finish in this week's crunch Norwich North by-election, with each hoping to seize the momentum which will see them through to the general election.
This coming week’s Mercosur presidential summit in Paraguay will convene eight South American leaders, announced Paraguayan Foreign Affairs minister Hector Lacognata during a press conference Saturday in Asuncion.
Argentina declared a nationwide alert on Friday after pigs in the province of Buenos Aires were confirmed to have the A/H1N1 flu virus, health authorities said. Thousands of people have contracted the virus in Argentina and 137 people in the country have died.
In the coming two weeks the Spanish-Argentine YPF energy corporation should have concluded its first round of seven exploratory wells in the South Atlantic, and towards the end of the year, or beginning of 2010, will start drilling in deeper waters in the Malvinas basin, according to company sources.
United Kingdom, Spain and Gibraltar announced Friday in an official release that “following resolution of all relevant matters”, have agreed to meet in Gibraltar next Tuesday to continue talks on the Trilateral Forum of Dialogue on Gibraltar.
Brazil’s currency Real had its biggest weekly gain in almost two months on optimism the worst of the global recession is over. The Real climbed 3.6% this week, the most since the period ended May 22 rising 0.3% to 1.9261 per US dollar on Friday. So far this year the Real has strengthened 20%.
Argentina’s economy had its worth monthly performance in almost seven years in May amid slumping industrial production and construction. Economic activity was unchanged in May from a year earlier, the first time the government hasn’t recorded growth since November 2002. The economy rose 0.1% in May from April, according to the national statistics agency, Indec.
A small army of volunteers will be collecting and sifting through thousands of memories over the next year in the run up to the 40th anniversary celebrations of the SS Great Britain’s return to Bristol from the Falkland Islands.
United States President Barack Obama's 787 billion US dollars stimulus package is working, top White House economic adviser Lawrence Summers insisted on Friday. And although unemployment is a major area of concern, Mr Summers said rising joblessness does not prove that the stimulus is falling short.