Demonstrations of thousands of students that turned out to the streets of Santiago and other Chilean cities to demand better education, ended in violent clashes with riot police which had to appeal to tear gas, water cannons and paint guns to later identify protestors, tens of which were later detained.
The Argentine foreign exchange clamp has reached the outgoing tourism industry which to have access to Central bank US dollars for the trip, must now report each ticket or package sale plus the overseas services contracted according to the latest resolution.
Official inflation in Argentina reached 0.9% in September against August, accumulating 7.8% in the first nine months of this year and 10% in the year, according to the Indec national statistics bureau.
Rockhopper Exploration which struck oil at its North Falkland basin Sea Lion exploratory well in May 2010 has received formal agreement from the Falkland Islands Government to the farm-out agreement reached with Premier Oil.
The European Union won the Nobel Peace Prize on Friday for promoting peace, democracy and human rights over six decades in an award seen as a morale boost as the bloc struggles to resolve its economic crisis.
As the final drill in the Falkland Islands oil exploration round nears completion Director of Mineral Resources Stephen Luxton said it was a safe assumption to plan for three rigs rather than two in the next two to three years when extraction would get underway.
Noble Energy Inc. (NBL) executives said on Thursday that oil production in the Falkland Islands could begin in about six years if an exploration well proves to be successful.
By an overwhelming majority, 36 to 1 and eight absences, the Paraguayan Senate rejected the Unasur Commitment with Democracy Additional Protocol considering it contrary to the sovereign interests of the country and which was the argument used by the regional organization to sanction and suspend Paraguay.
Paraguay is involved in low key negotiations with the region to find a way for the quick return of the country to Unasur and Mercosur, and Chile and Colombia are playing crucial roles in such discussions, according to media reports from Asuncion.
A socio-economic impact study on the effects of an oil development project on the Falkland Islands did not reveal any, “major new concerns which had previously escaped attention Director of Mineral Resources Stephen Luxton told Penguin News this week.