In the midst of the diplomatic escalation between Argentina and the UK over the Malvinas dispute and the coming 30th anniversary of the Falklands conflict, a red ensign Liquefied Natural Gas Carrier (LNGC) docked in Argentina.
Argentina’s Energy Institute, IAE, warned that the country faces an “unprecedented energy crisis” with strong drops in hydrocarbons reserves, production and the loss of self sufficiency.
Argentina’s organized labour hit back at President Cristina Fernandez and expressed concern over what it described the “escalation” of government repression and hoped the country keeps to state policies of persuasion and unrestricted respect for human rights.
The Caribbean island nation of Dominica has joined Antigua and Barbuda in seeking to clear the air on an ALBA statement supporting Argentina’s claim to the Falkland Islands, in Buenos Aires dispute with Britain over the South Atlantic Islands.
Uruguay’s hydrocarbons refining company Ancap signed on Tuesday an agreement with US company Schuepbach Energy to begin exploration for oil and gas in the north and centre of the country.
Oil World cut its forecast for Brazil and Paraguay soybean production, extending the run of downgrades amid ideas that rains in the last two weeks has been insufficient to put a hold on crop losses.
Brazil imposed additional levies on the import of blankets from Mercosur associates Paraguay and Uruguay alleging triangulation of Chinese textiles, which are restricted because of dumping practices.
FIFA has asked Argentina's football leaders to explain reports that their league has been named after a naval ship sunk by British forces during the Falkland Islands conflict 30 years ago.
Rating agency Moody's announced on Tuesday it had downgraded six European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis, and warned it may cut the triple-A ratings of France, Britain and Austria.
Argentina’s head of the ruling Victory Front’s bloc in the Lower House Deputy Julián Domínguez labelled those who lashed out against Deputies and Senators for doubling their salaries as “hypocrites”.