The idea that one day Spain would share sovereignty in Gibraltar is a non-starter, according to Spanish Civil War expert and Madrid based journalist William Chislett. In Gibraltar for the first international Literary Festival, Mr Chislett gave his opinion on the developing cross-border political strife and also commented on the current political climate surrounding Spain.
The European Commission has received no ‘well-founded’ complaints alleging Gibraltar’s failure to cooperate on tax, financial and money-laundering matters, according to Michel Barnier, the Commissioner for Internal Market and Services. In response to questions in the European Parliament, Mr Barnier also confirmed that Gibraltar was fully up to date with the transposition of EU legislation in all three fields, according to a report from the Chronicle.
Argentina's clash with Uruguay over the Botnia/UPM pulp mill has led to furious retaliations from Buenos Aires severely limiting trade and not allowing Argentine exporters to make use of the port of Montevideo for transshipment.
The administration of President Cristina Fernandez is preparing a package of measures in an attempt to further impede the outflow of hard currency, mainly US dollars, for which it is planning to establish a double exchange rate system. The measures target tourism, a bill of 8 billion dollars which has become dearer than the energy deficit.
Argentina Secretary of Domestic Trade Guillermo Moreno anticipated that the current policy implementing obstacles to contain foreign trade will continue to promote the domestic market and production, and ”because I follow the orders from the President (Cristina Fernandez)”.
The Uruguayan government announced it has renewed until 2016 Botnia/UPM pulp mill license so it can continue with production since it complies with the necessary environmental requisites and is committed to the additional standards demanded, said Housing and Environment minister Francisco Beltrame.
Panama reaffirmed its support for Argentina and its sovereignty claim over the Falklands/Malvinas Islands following on a complaint from Buenos Aires regarding a trip of Panamanian lawmakers to the Islands invited by the local government
The Inter-American Development Bank (IDB) approved a private sector loan for up to 132.6 million to partially finance the construction of the Carapé I and II wind farms in Uruguay.
A massive public share offering from Barrick Gold Corp proved a tough sell, market sources said, as the price of gold dropped and investors digested news that the miner had shelved a key growth project
Russia, Ukraine and China are being blamed for a failure of plans to protect almost 3 million square kilometers of ocean in Antarctica. After two weeks of discussions behind closed doors, the Conservation of Antarctic Marine Living Resources (CCAMLR) has failed to come to an agreement on new marine reserves.