Europe was pressed by other world powers to take strong measures to fix its debt-heavy economy and restore growth to a level that would lift the cloud hanging over the fragile global recovery.
Borders & Southern Petroleum Plc energy explorer operating in the Falkland Islands announced on Monday the discovery of gas condensate in the first well drilled to a depth of 4.867 meters.
The Standing Committee from the Latin American parliament, Parlatino, approved a resolution in support of the Argentine government decision to seize a majority stake in YPF from Spain’s Repsol, according to a release made public over the weekend.
The recent decision by President Cristina Fernandez to seize a majority stake in YPF from Spain’s Repsol has the approval of 62% of Argentines, while 23% disagree according to a public opinion poll from Poliarquía published in the Sunday edition of La Nacion.
As has happened with other leading world opinion makers such as the Financial Times and The Wall Street Journal, that have condemned the seizure by the administration of President Cristina Fernandez of a majority share in the Spanish Repsol owned YPF, The Washington Post has also been extremely critical of the Argentine leader.
Brazil collaborated during the 1982 Falkland Islands conflict in an operation mounted by the Soviets to supply Argentina with spares, arms, munitions and other requirements according to the Rio do Janeiro newspaper O’Globo based on disclosed documents from the National Security Council and the Ministry of Foreign Affairs.
French President Nicolas Sarkozy faces an uphill struggle in the second round of the presidential election, after coming second in Sunday's first vote. He won only 27.1% of the vote, while his socialist rival Francois Hollande took 28.6%, the first time a sitting president has lost in first round. Third-place Marine Le Pen took the largest share of the vote her far-right National Front has ever won with 18.1%.