TAM, Brazil's largest airline, reported a fourth-quarter profit on rising ticket prices, fanning expectations of more profitable operations in the year ahead despite recent cost pressures.
The Argentine Confederation of Transportation Workers (CATT) ratified on Wednesday that it would randomly block British ships from docking on Argentine ports, in response to the UK’s refusal to negotiate the Malvinas Islands’ sovereignty.
Argentina’s largest energy company YPF, dropped the most in the Buenos Aires Stock Exchange’s leading share index on Wednesday after the federal tax agency banned it from importing and exporting because of an unpaid tax bill.
It took a couple of days but finally on Wednesday US State Department spokesperson Victoria Nuland said the US “has no concerns” about the alleged ‘militarization’ of the South Atlantic which was denounced by Argentina last week before the United Nations at three different levels.
On the 45th anniversary of the treaty that created a nuclear-weapon-free zone in Latin America and the Caribbean, Secretary-General Ban Ki-moon hailed the pact as an example of how regional initiatives can advance global norms on nuclear disarmament, non-proliferation and the peaceful use of atomic energy.
Argentine President Cristina Fernández will make an official visit to Chile next month, amidst a power struggle as both Argentina and the UK struggle to gather support from the international community in the Falklands/Malvinas Islands controversy.
President Nicolas Sarkozy formally declared his candidacy for a second term on Wednesday seeking to overturn a wide poll lag with promises to get the unemployed back to work and use referendums to consult the French people on reforms.
On a beautiful Wednesday evening, 130 vehicles and as many as 300 people from the Falklands Islands joined a flash-rally to express their feelings about the current political tensions with Argentina that have escalated over the last few months.