After a two-day session, Argentina’s Lower House voted late Thursday night 207-32 in favour of expropriating energy corporation YPF, clearing the way for President Cristina Fernandez to sign the controversial bill into law.
The Falkland Islands Government has set aside £3,000 for Queen Elizabeth’s Diamond Jubilee events. Some of this funding is available to people who wish to organize community events and £500 has been allocated for events on the West.
The European Central Bank, meeting in Spain on Thursday, held interest rates at historic lows but insisted it was up to governments to find ways of boosting growth without busting fiscal rules.
After coming under fire for years for refusing to accept responsibility for the crisis, Bank of England governor Mervyn King said in his BBC Today Program Lecture that the BoE should have done more -- but added that the bank's hands had been somewhat tied.
UK gas producer BG Group has announced a deal to sell its stake in Brazil's Comgas to Sao Paulo-based Cosan for 1.8bn dollars. BG said it expected to deal to be completed by the end of the year.
The International Monetary Fund (IMF) said it does not see a trend in South America toward state nationalization of private companies despite moves made by Bolivia and Argentina in recent weeks, a spokesman said on Thursday.
Foreign Direct Investment, FDI, in Latin America and the Caribbean during 2011 reached 153.448 billion dollars, which represents 10% of the global total flows according to a report presented on Thursday by the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile.
“In an era of rapid and often momentous change, the value of a vigorous, independent and pluralistic press is undeniable.
United Nations top officials today May 3 highlighted the power of press freedom to spark social and political change and to hold governments accountable, stressing that this vital right must be ensured across the world by creating the conditions that allow journalists to perform their work safely.
As we near the 70th anniversary of the founding of the Inter American Press Association this month, I’d also like to take this especial date, May 3, World Press Freedom Day, as an opportunity to pay homage to the 24 journalists from Brazil, Colombia, Dominican Republic, Guatemala, Haiti, Honduras, Mexico and Peru that were killed over the last 12 months. Our thoughts are with their families and colleagues, especially because in the majority of these cases, justice has not yet been done.