Under the heading of 'Cristina’s come-uppance', The Economist comments the result of the midterm election in Argentina and makes a forecast of the possible future scenarios in the next two years
The Argentine media group Clarin presented a plan Monday to divide its media assets into six different companies to comply with a controversial media antitrust law. The move was announced shortly after the head of the authority set up to enforce the law offered assurances that the group would be allowed to keep its most valuable TV and radio licenses.
Despite all the efforts and new incentives implemented by the administration of President Cristina Fernandez, Argentina's oil and gas production to August compared to last year's eight months continues to decline although at a slower rate: 2.76% and 6.57% respectively, according to the latest figures released by the Energy Secretary.
A Spanish flagged trawler returning from fishing in the Falkland Islands caught fire early Monday morning as it was docking in the port of Montevideo. The cause of the fire which was rapidly controlled by Uruguayan fire brigades is still unknown according to the navy spokesperson Gaston Juansolo.
The Falkland Islands Government has announced that an updated version of the FIG Oil Readiness Checklist is now available online. The checklist refers to key areas from the FIG ongoing program for the development of the hydrocarbons industry as it grows into a production phase.