Healthy seas and coasts would pay healthy dividends in a green economy, according to a report released by several United Nations Programs, the International Maritime Organization and a group of environmental groups that highlights the huge potential for economic growth and poverty eradication from well-managed marine sectors.
Brazil's state-run energy giant Petrobras on Tuesday reported that 160 barrels of crude oil may have spilled from a deep-water well off Sao Paulo state but said the situation was under control.
Argentina condemned the announcement of the arrival of state of the art HMS Dauntless, a British warship, to the Falklands/Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse that transforms patriotism in bullying patriotism.”
China’s bustling Shanghai is striving to become a global financial centre by establishing its leading position in the trading of Yuan-denominated financial products, according to a state plan, said authorities of Shanghai financial services on Tuesday.
The Canadian Osisko mining corporation has suspended a gold mining project in Argentina after protests by locals. Osisko said on Tuesday it would put its operation in north-western La Rioja province on hold if it did not get the backing of the local population which has been protesting for weeks.
Rising output at Brazil's factories and mines in December, following a dismal 2011 performance, should help activity in 2012 as falling interest rates and rising investment help sustain growth in Latin America's largest economy
Visiting Brazilian President Dilma Rousseff refused to criticize Cuba’s human rights record on Tuesday, saying the issue should not be used to score ideological points.
Police were investigating a criminal gang that allegedly stole blocks of ice from the Jorge Montt Glacier in southern Chile.
A team of Brazilian and Chilean scientists set out to investigate the effects of global climate change deep in the Antarctic continent say they have discovered a surprising system of rivers beneath the frozen surface.