President Hugo Chavez eccentricities continue. This time he threatened to expropriate the Venezuelan subsidiary of Spanish banking giant BBVA in a tense telephone conversation Wednesday with the Banco Provincial CEO that was broadcast live on radio and television.
Representatives from Rockhopper Exploration are visiting the Falkland Islands this week. The company took over the rig Ocean Guardian from Desire on completion of their well, and Rockhopper’s well 14/10-3 (Sea Lion North) was spudded on January 13.
The President of Uruguay Jose Mujica, on Wednesday concluded a two-day visit to Peru aimed at deepening trade and political relations. His next official port of call is Venezuela.
Over 25,000 people have been forced to move out of their homes in the Serrana region in the south-eastern Brazilian state of Rio de Janiero, because of the devastating rains and mudslides. which lasted thirteen days and killed over 800 people, authorities said..
United States Secretary of State Hillary Clinton has praised the “important” role Spain plays in Latin America and said the nation is a “great defender” of human rights in the region.
The US president has been focusing on jobs and the economy as he addressed the public in his annual State of the Union speech.
United States President Barack Obama has announced that he will pay his first visit to Brazil and other South American countries in March.
Brazil’s recently sworn in government, is concerned about increasing foreign interests in its mining assets and is looking in to the possibility of restricting foreign purchases of mines, Folha de Sao Paulo reported.
The British Broadcasting Corporation (BBC) will cut some 650 jobs, more than a quarter of the state financed entities 2,400 jobs, over the next three years.
United States Secretary of State Hillary Clinton, has said that widespread anti-government protests over poverty and government repression in Egypt represent an opportunity for the 30-year administration of president Hosni Mubarak to implement “political, economic and social reforms to respond to the legitimate needs and interests of the Egyptian people”.