MercoPress. South Atlantic News Agency
Stories for April 5th 2012
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Thursday, April 5th 2012 - 15:45 UTC
Argentina picks a fight with Brazil oil giant Petrobras and revokes oil concession
Brazilian oil giant Petrobras assured that it has complied with all terms of its Argentine Patagonia Neuquén province oil exploitation contract, following provincial governor Jorge Sapag's announcement of the termination of the concession contract in Veta Escondida area.
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Thursday, April 5th 2012 - 15:41 UTC
Argentina denies plan to acquire stake in YPF but provinces continue to rescind concessions
Argentina’s Planning Minister Julio de Vido denied a report by Buenos Aires newspaper Clarin that the government is working on a plan to use state-controlled pensions Anses to buy a stake in oil corporation YPF, he said in a statement.
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Thursday, April 5th 2012 - 15:36 UTC
IMF warns world recovery is very fragile; policy makers should not become complacent
IMF Managing Director Christine Lagarde said the world economy is still in recession and the recovery remains fragile as she warned that, although some progress has been made, the global economic situation is not ideal yet. “We should not delude ourselves into a false sense of security,” she alerted.
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Thursday, April 5th 2012 - 14:48 UTC
Global deal and tracking system to stem illegal tobacco trade
Negotiators from 135 nations sealed Wednesday a global deal to stem the illegal tobacco trade that could net governments 50 billion dollars more annually in tax revenues, the World Health Organisation said.
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Thursday, April 5th 2012 - 14:45 UTC
Green light for huge controversial hydroelectric project in Chilean Patagonia
Chile's Supreme Court Wednesday removed the last legal obstacle to building a giant 2.9 billion dollars hydroelectric complex in the Patagonian wilderness, rejecting a bid by environmentalists to block it.
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Thursday, April 5th 2012 - 14:29 UTC
Memorandum for Lady Thatcher on Chile’s support during Falklands’ conflict
It is a well known and admitted fact that the Chilean regime of General Augusto Pinochet provided very useful intelligence to the British effort to recover the occupied Falkland Islands in 1982.
