MercoPress. South Atlantic News Agency
Stories for April 17th 2012
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Tuesday, April 17th 2012 - 03:12 UTC
EC supports Spain and warns YPF expropriation can seriously damage business climate
The European Community strongly supported Spain and oil corporation Repsol saying that the expropriation by Argentina of YPF is “a very negative signal” for investors and could seriously damage the business climate of the country.
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Tuesday, April 17th 2012 - 03:07 UTC
Colombia reaps from the summit: free trade agreement with US becomes effective in May
The US-Colombia free trade agreement will enter into force next month, far earlier than expected, as a result of what the Obama administration called “historic” progress for Colombian worker protections and human rights.
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Tuesday, April 17th 2012 - 03:03 UTC
YPF takeover: “Dreadful decision for Spain, for Argentina and terrible for legal security”
The Spanish government condemned Argentina’s announcement over the expropriation of YPF, calling it a “discriminatory” and “arbitrary” decision, and stated that it will adopt any measures deemed necessary to defend the interests of Repsol and every other Spanish company.
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Tuesday, April 17th 2012 - 00:28 UTC
US candidate Dr. Kim chosen World Bank president; takes office next July
US nominee Jim Yong Kim has been chosen as the new president of the World Bank. The Korean-American health expert, president of Dartmouth College faced a strong challenge for the post, which has traditionally gone to an American, from Nigerian Finance Minister Ngozi Okonjo-Iweala.
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Tuesday, April 17th 2012 - 00:24 UTC
“Corruption the greatest threat” to the ruling party admits China’s Wen Jiabao
An influential Chinese journal has reprinted comments from China's premier calling for tougher anti-corruption rules, as a political scandal deepens. Wen Jiabao said corruption was the greatest threat to the ruling party
