Brazil’s economy grew at its fastest pace in 19 months in November, reversing a three-month contraction, as a recovery in consumer spending helped Latin America’s largest economy shrug off a global slowdown. Yields on interest rate futures rose.
Rockhopper Exploration Plc climbed to an 11-month high in London trading after a report that Cairn Energy Plc is in talks with the only company to have made a potentially commercial oil find near the Falkland Islands.
Brazil had been demanding too much in negotiating the conditions for hosting the 2014 World Cup but a legal dispute should be settled within days, FIFA said on Monday.
Credit ratings agency Standard and Poor’s downgraded the European Financial Stability Facility (EFSF) from “AAA” to “AA+,” although it does not rule out it would increase it again if it bolsters its funds, according to a communiqué released on Monday.
In another round of the ongoing battle between the Argentina government and the leader of organized labour Hugo Moyano, Interior Minister Florencio Randazzo stated that “if the union leaders are really representatives of the working class, there is no possibility of a divorce between the CGT Labour Confederation and the national government”.
The presence of a cloud of ash caused by a volcano in Chile has again closed an airport in neighbouring Argentina just days after it had re-opened anticipating massive losses for the tourism and the resort’s finances.
Rising human carbon dioxide emissions may be affecting the brains and central nervous systems of sea fish, with serious consequences for their survival, according to Australian research.
A Royal Navy veteran from the Falklands War has completed an extraordinary journey to meet the Argentine pilot he thought he had shot down and killed during the 1982 conflict.
The landless peasants’ movement has reached Uruguay: the self called “shaggy” ones with eighty families, have taken over a 400 hectares farm in the extreme north of the country Artigas, and have been occupying the land since.
On the eve of the centenary of Royal Navy Captain Robert Scott reaching the South Pole, Foreign Office Minister Henry Bellingham has heralded the work of British polar scientists in helping to shape the understanding needed for managing climate change and contributing to the UK’s work for the peaceful protection of Antarctica.