The Argentine Foreign Ministry stated yesterday that the “provisional understandings” signed by London and Buenos Aires were in complete disuse and that the “unilateral actions of the United Kingdom” with regard to oil exploration and military exercises on the Islands constituted an “unsolveable obstacle” to the continuation and development of the “bilateral cooperation”
Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.
Between January and October 2010, 402,868 tonnes of tuna was caught in the eastern Pacific, 16 per cent less than the 478,633 tonnes landed in the same period in 2009, according to figures from the Association of Tuna Companies from Ecuador (Atunec).
More than 100 Police Special Forces violently evicted Rapa Nui indigenous groups from the Government Plaza in the center of Hanga Roa over the holidays, causing injuries to at least nine people, three of them serious.
Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to spur local production in the largely import-dependent nation, the announcement followed a central bank estimate that the economy contracted 1.9 percent during 2010 - Venezuela's second straight year of recession.
A magnitude-7.1 earthquake has shaken southern Chile, frightening hundreds of people who fled for higher ground fearing it could generate a tsunami like the one that ravaged the coastline last year.
The Inter-American Development Bank (IDB) approved a record number of 170 projects in 2010 totaling an estimated 12.9 billion USD, as the IDB continues to boost its efforts to help Latin American and Caribbean combat poverty and inequality, and promote sustainable growth.
International scheduled air traffic results for November showed an 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight, according to the latest report from the International Air Transport Association (IATA).
Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.
Secret US document newly released by Wikileaks underscores the critical importance of Spain as a strategic logistics hub for the US military. The document details the importance of bases such as Rota, just a short drive from Gibraltar.