Shareholders of Spain's Repsol approved the oil major's 5 billion dollars settlement with Argentina over the 2012 seizure of YPF at an annual meeting on Friday. The agreement had already been approved by the Argentine Congress and by the board of the Spanish company.
By James Stafford, Oilprice.com - Having ridden roughshod over Ukraine, Russia's annexation of the Crimea is now over and a new chapter in Ukrainian politics is about to begin—but it won't be much different than the last chapter, with the same old faces surfacing for May presidential elections.
Delegates from the European Union (EU) are to visit Argentina between September and December later this year to inspect the facilities that comprise the whole fishing production circuit: docks, boats, processing plants authorized to export to EU and offices of the National Service of Agri-food health and quality, (Senasa).
Gibraltar top elected officials this week went on a lobbying tour in the United States where they met government officials, visited Capitol Hill, talked trade and strongly defended the British Overseas Territory freedom, self determination and sovereignty.
Buenos Aires City councilors gave final approval to a bill that officially names “April 2”, a passage in the neighborhood of Agronomia, which was re-baptized with that name by residents during the 1982 Malvinas war conflict, who erased the original name of 'England'.
Argentina will cut expensive natural-gas and water subsidies this year which will have an increase impact in utilities' rates between 20% and 80% on average. The gas and water subsidies reduction will reach 80% of top consumers and the accumulative impact will range from the equivalent of 2.5 to 102 dollars, said the Ministry of Economy in a release.
The UN resolution condemning the annexation of Crimea by Russia which was voted on Thursday at the general assembly showed Latin America (and Mercosur) divided on the issue. The non binding resolution sponsored by Costa Rica and the western powers received 100 votes, with 11 against and 58 abstentions.
The wine used for the masses of Pope Francis will be made using grapes from small Argentine producers with 500 liters of the drink already in production, according to a report from the Project for the Integration of Small Producers in the Viticulture Chain (PROVIAR).
Cuba's government has released further information on a proposed foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract capital into the communist economy.
The Bank of England has agreed a deal with the People's Bank of China to make London a hub for Chinese currency dealing. The memorandum of understanding, to be signed next Monday, sets out settlement and clearing arrangements for the Renminbi, or Yuan, in London.