Chile and Argentina pledged Thursday to deepen bilateral relations with visiting president Sebastian Piñera saying that “the best of our relationship is yet to come” and Cristina Fernandez de Kirchner anticipating that “ideological differences” won’t be an impediment to keep advancing in cooperation and joint projects.
Several oil companies operating in Argentina have teamed up to begin hydrocarbons explorations close to Falklands’ waters. The companies have programmed to spend 140 million US dollars in two exploratory wells for which they have contracted a special drilling vessel, according to reports in the Buenos Aires press.
Chinese Deputy Foreign Minister, Li Jinzhang, assured that China is highly enthusiastic about reaching an agreement to unlock the trade soybean oil conflict between Argentina and the Asian giant, according to Chinese media.
Britain and Gibraltar will use different legal arguments in challenging the European Commission’s decision to twice approve a Spanish nature site with British Gibraltar waters. While Gibraltar is focusing on British sovereignty of the waters, Britain itself has centred its case on the issue of control, reports the Gibraltar Chronicle.
The Uruguayan default model of 2003, under the auspices of the IMF, is a possible way out for the Greek situation according to Professor Reinhart (*), a world authority in sovereign defaults. The idea surfaced in an interview with the Telegraph.co.uk, Ambrose Evans-Pritchard who has covered world politics and economics for 25 years, based in Europe, the US, and Latin America.