Falkland Islands member of the Legislative Assembly Glen Ross said the Islands are interested in reaching a business agreement with Brazil for the maintenance of the oil rig currently involved in a round of exploratory drilling.
Ecuador President Rafael Correa said over the weekend that a new hydrocarbons bill is ready and will be sent to the National Assembly. The bill will allow the government to speed the shift from production contracts to service contracts for oil companies operating in Ecuador.
An extraordinary reunion, linked to the Falkland Islands conflict of 1982 is scheduled this week in Buenos Aires: a former paratrooper will return to an Argentine soldier the trumpet he seized from his 28 years ago.
A senior Royal Navy officer stressed that the new British government remains committed to keeping a strong naval presence around the Falkland Islands, reports the Portsmouth press.
Greek government bonds have been downgraded four notches to junk status from A3 to Ba1 by Moody's credit rating agency. The agency said Monday there was still considerable uncertainty surrounding the impact of measures introduced to cut the country's high budget deficit.
The Bank of England may need to hike interest rates soon as inflation has remained far stickier than expected, rate-setter Andrew Sentance warned in The Sunday Times.
While 850,000 Chileans lived abroad in 2005, now, just five years later, Chile’s consulates estimate the number has soared to two million.
The South American Nations Union (UNASUR) Congressional heads are holding a meeting in Quito, Ecuador, Monday-Tuesday to outline a new scheme in order to concrete the the region's congressional integration.
After two presidents who irritated Israel and the United States, the UN General Assembly elected a leader unlikely to ruffle Western feathers -- Joseph Deiss, a former president of Switzerland.
The Falkland Islands are marking today Monday June 14 the 28th anniversary of the liberation of the Islands from Argentine occupation in 1982 and a full program has been outlined by Gilbert House.