Repsol Chairman Antonio Brufau has expressed his determination to reach a solution on compensation for the nationalisation of its shares in YPF, and says that he is willing to take the matter to an international court level to ensure a fair amount is paid.
“The only possibility” Argentina contemplates regarding its debt is “to honour all payments” of creditors that entered debt swaps after the sovereign default of 2001, said Economy minister Hernan Lorenzino who underlined that Argentina “cannot and will not enter in default”.
Colombian Minister of Defence Juan Carlos Pinzón said that security forces will continue with military operations in the country despite the unilateral two-month cease fire declared by the guerrilla group FARC, which becomes effective Monday 24:00 hours.
Latin America pledged investment opportunities for recession-hit Spanish and Portuguese companies but warned its former colonial masters drastic cost cutting would only deepen their misery.
European Union looks set for a new round of clashes this week as an extraordinary summit called to agree a long-term trillion-Euro budget heads for an ugly showdown, possibly even failure.
Gasoline rationing in New York City which was scheduled to end on Monday has been extended through Friday, even as the gas station lines that prompted it have all but disappeared.
Spain’s decision to pull out of the trilateral process was formally recorded in the consensus decision on Gibraltar adopted by the United Nations General Assembly this year.
Australian Environment minister Tony Burke signed into force on Monday a two-year ban on any super trawler operating in the small pelagic fishery. The ban is based on a battery of new laws and seems directed to the arrival to Australia of the Dutch vessel Abel Tasman.
Two Members of Westminster Parliament have been visiting the Islands during this period of remembrance as guests of the Falkland Islands Government.
Falklands Governor Mr. Nigel Haywood CVO receiving a copy of the newly published book 'The Christmas Sports' from the author, during a reception hosted by the Governor and his wife at Government House to celebrate the official launch of the book which was researched and written by Patrick Watts MBE - the official race commentator for the past 40 years.