MercoPress. South Atlantic News Agency
Stories for February 25th 2014
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Tuesday, February 25th 2014 - 04:29 UTC
ENAP Magallanes begins production at new well; company's profits soar in 2013
Chile's state-owned oil and gas company ENAP successfully put into production the well “Paraguaya 2” at Intracampos Block (100% ENAP) in Tierra del Fuego, with an initial flow rate of 160 cubic meters per day of oil, equivalent to 1,006 barrels.
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Tuesday, February 25th 2014 - 04:26 UTC
Ambassador Castro supports democratic Maduro and blames a “ferocious media attack”
The Argentine ambassador to the United Kingdom, Alicia Castro, openly revealed her support for Venezuelan president Nicolás Maduro as protests in the nation continued, while criticizing what she saw as a “ferocious media attack” carried out by opponents of the head of state.
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Tuesday, February 25th 2014 - 04:21 UTC
US embassy support for Argentina's move to orthodox economics
The US embassy's business adviser in Buenos Aires, Kevin Sullivan, has welcomed negotiations between the Argentine government and Spanish corporation Repsol over the expropriation of YPF, as well as further talks with the Paris Club over the payment of outstanding debt commitments.
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Tuesday, February 25th 2014 - 04:19 UTC
Barca pays 13.5m Euros on the contract of Neymar after charges of tax-fraud
Barcelona have made a payment of 13.5 million Euros ($18.53 million) to the Spanish treasury, after they were charged last week with tax fraud in the signing of Brazil forward Neymar.
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Tuesday, February 25th 2014 - 04:13 UTC
Pope overhauls Vatican finances and names Secretariat for the Economy
Pope Francis has taken his boldest step yet to overhaul the Vatican's scandal-plagued finances, creating a new department with broad powers to oversee all of its economic and administrative affairs, the Vatican announced on Monday. The Secretariat for the Economy will answer directly to the pope and will be headed by Australian Cardinal George Pell, currently the archbishop of Sydney.
