Rockhopper Exploration declared a second oil and gas discovery in Falkland Islands waters and announced the drilling of an additional two wells. The announcement comes exactly two years to the day since the Falklands’ shore based yard began its work in support of oil development in the Islands.
British members of parliament visiting Falklands say UK will keep diplomatic channels with Argentine open, but will pursue other options for communications and trade
Falkland Islands Legislative Assembly members Mike Summers and Roger Edwards are visiting St. Kitts and Nevis in then Caribbean this week to attend Commonwealth Games Federation meetings and hold talks with government ministers.
Brazil must hurry up and pass a package of new laws if the 2014 World Cup is to go ahead, FIFA secretary general Jerome Valcke told the country's Congress on Tuesday, adding there was not a day to lose.
Argentina's state energy company Enarsa has launched an international tender for the delivery of a more-than-expected 90 cargoes of LNG in 2012 to meet rising energy demand, a source said Tuesday.
Brazil's labour minister vowed on Tuesday not to become the sixth minister to quit over corruption allegations this year, saying he has the support of President Dilma Rousseff and his own party.
Brazil’s credit growth is slowing to a sustainable pace and sufficient to feed domestic demand, said on Tuesday Luiz Pereira, the central bank’s director of international affairs.
The US is struggling to keep up with surging demand for visas in Brazil and China, as the growing middle class in the world’s two biggest emerging markets flock to US shopping malls and tourist resorts.
Consumer price inflation in Chile accelerated for the third straight month in October, data released by the National Institute of Statistics showed Tuesday.
Four rare artifacts from the Falklands War are to go under the hammer next November 17, including surrender documents which would normally be housed in government archives, reports the Daily Mail.