Argentina summoned the British ambassador in Buenos Aires to deliver a formal protest regarding the imminent beginning of a hydrocarbons exploratory drilling season off-shore the Falkland Islands.
The dispute between Argentine president Cristina Fernandez de Kirchner and the governor of the Central Bank over who is entitled to use the international reserves triggered a legal and political battle that is ongoing.
The Asia-Pacific region has now become the world's biggest aviation market. With 647 million passengers in 2009, it overtook the North American market by about nine million passengers and according to the International Air Transport Association, IATA, Asia's market share will grow further to almost one third by 2013.
Falkland Oil & Gas Ltd., a United Kingdom based explorer in the South Atlantic, plans to start drilling a well southeast of the Falkland Islands in April reports Bloomberg.
Argentina's currency may weaken against the US dollar in the next few weeks, but by March there will be a flood of dollars into the local economy, Economy Minister Amado Boudou was quoted in an interview in the Sunday edition of La Nacion.
Two outgoing South American presidents have reached record popularity according to the latest January public opinion polls. They are Michelle Bachelet from Chile and Brazil’s Lula da Silva, both with plus eighty percentages.
A FOUR year action plan to reduce seabird mortality caused by trawl fishing around the Falklands was passed by the Islands Executive Councilors this week.