Argentine lawmakers participating of the Inter Parliamentary Union, IPU, in Switzerland presented a motion referred to the Falklands/Malvinas, calling for a ban on the exploitation of natural resources in those countries that have been invaded by military forces.
When the Leiv Eriksson, a rig built to hunt for oil beneath 10,000 feet of water in the world’s roughest seas, finishes drilling a well off Greenland’s west coast next month, it will sail for its next job -- a prospect 9,000 miles away, south of the Falkland Islands.
Brazil's total federal debt rose in September as the Treasury issued new debt at home and abroad, the government reported this week. The country's federal debt load increased 2.3% in the month to Reais 1.809 trillion (1.02 trillion dollars), from Reais 1.768 trillion in August, the Treasury said in a statement.
Brazilian officials skimmed at least a staggering equivalent of 37.7bn dollars from government coffers in just eight years of corruption cases from 2003-2010, the Rio do Janeiro daily O Globo reported, based on numbers from the country’s Public Accounts ombudsman.
Brazilian government has proposed further study at the World Trade Organization on the effects that exchange rate fluctuations have on international trade, the foreign ministry said this week.
US President Barack Obama has requested to meet with recently re-elected President Cristina Fernández during the next G20 summit to be held on the 3rd and 4th of November in Cannes, France.
The UN General Assembly called on Tuesday for the 20th straight year on the United States to lift its trade embargo against Cuba, as the communist-run island dismissed as fraudulent US moves to ease some restrictions.
Western countries supported Muammar Gaddafi when it suited them but bombed the Libyan leader when he no longer served their purpose in order to “plunder” the north African country's oil wealth, Iranian President Mahmoud Ahmadinejad said on Tuesday.
Italy's cabinet failed on Tuesday to agree on pension reforms as the country seeks to re-launch its economy and tackle its debt. Meanwhile, financial markets nervously await the outcome of Wednesday's second Euro zone summit.
Brazilian president Dilma Rousseff won’t be attending the Ibero-American summit to take place in Paraguay next Friday and Saturday and will be represented by her Foreign Affairs minister Antonio Patriota, it was announced Tuesday.