The Uruguayan offshore platform continues to advance its global positioning and increase its economic value as the Irish firm Tullow Oil, which is currently conducting exploration work in Block 15 of the Uruguayan offshore platform, sold 30% of its stake in its exploration contract to leading Japanese oil company Inpex.
At least sixteen different organizations from magistrates to political parties filed on Monday legal challenges after Argentine president Cristina Fernandez signed the Council of Magistrates reform into law and called for elections of council members.
In his first visit to Colombia in more than a decade, US Vice President Joe Biden said on Monday that he is pleased security concerns can now take a back seat to trade and economic issues in talks with Washington’s long-time ally. Biden also praised President Juan Manuel Santos for helping lead Latin America toward a “middle class, democratic and secure” future.
Several Argentine lawmakers from opposition parties accused President Cristina Fernandez and Domestic Trade minister Guillermo Moreno of allegedly ‘falsifying” the figures published by the government’s official stats office Indec.
The average regional urban unemployment rate could drop by up to 0.2 percentage points to stand between 6.4% and 6.2% in 2013, the lowest rate in recent decades, according to a new report from the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO).
As from 2016 the British Overseas Territory of St Helena in the mid Atlantic will have regular flight connections when the island’s first airport opens which opens a magnificent opportunity for promoting tourism and for Saints living overseas to visit their homeland.
YPF the oil company seized by Argentina’s government last year has lost an arbitration case with a Brazilian company that may cost as much as 1.6 billion dollars in indemnity payments. There was an immediate reaction and YPF shares lost the most among Argentina’s major stocks, 3.6%.
Royal Caribbean International announced on Monday that the 31 May 2013 sailing of Grandeur of the Seas from Baltimore, Maryland, will be cancelled to allow for repairs to damages sustained as a result of a fire.
Chilean and Argentine authorities declared a red alert and ordered the mandatory evacuation of a 25-km radius around the active Copahue volcano, which straddles the border between the two Andean nations.
Heavy rains in the Brazilian north-eastern city of Salvador tore through the roof of a newly constructed stadium for Confederations Cup soccer games starting next month, a warm-up before Brazil hosts the World Cup next year.