Stories for 2014

Friday, May 9th 2014 - 07:01 UTC
Repsol/YPF 'marriage' definitively over; Spanish company ends 15-year presence in Argentina

Spanish oil major Repsol signed a definitive settlement agreement Thursday with Argentine President Cristina Fernandez's administration, which transferred more than 5 billion dollars in bonds as compensation for the 2012 seizure of Repsol's controlling stake in energy firm YPF.
Friday, May 9th 2014 - 06:47 UTC
Brazil says Mercosur/EU to meet in Brussels at the end of May for trade talks

At the end of May Mercosur will be ready to exchange tariff-reduction proposals with the European Union, announced Brazilian Industry minister Mauro Borges who also anticipated the trade block would be holding a preparatory meeting next week in Caracas, Venezuela.
Friday, May 9th 2014 - 06:42 UTC
Fed in no rush to address its balance sheet; calls on Senate for fiscal restraint

The US Federal Reserve is in no rush to decide the appropriate size of its balance sheet, but if it ultimately shrinks it to a pre-crisis size, the process could take the better part of a decade, Fed Chair Janet Yellen has said.
Friday, May 9th 2014 - 06:33 UTC
MSC certified products have risen 21% and represent 10.5% of world's wild-capture fisheries

In the framework of the Seafood Expo Global 2014 in Brussels, the Marine Stewardship Council (MSC) held its annual Global Commercial Network meeting, which showed an annual rise in MSC certified products of 21% to September 2013 and a fivefold increase in four years.
Friday, May 9th 2014 - 06:13 UTC
Strong commitment to support Marine Protected Areas in Southern Ocean

The Antarctic and Southern Ocean Coalition (ASOC) joined member states of the Antarctic Treaty, along with observer and expert organizations, in Brasilia this week to discuss measures for the protection of the Antarctic environment.
Friday, May 9th 2014 - 02:29 UTC
UK disappointed with Uruguay's identification of Falklands as 'a latent threat'

The United Kingdom is disappointed with Uruguay's stance which identifies the Falklands/Malvinas Islands as 'a latent threat' and an element that negatively affects the South Atlantic as “as zone of peace and cooperation”. Ambassador Ben Lyster-Binns said he does not share the statement that the British Overseas Territory of the Falklands are a 'destabilizing element for the region'.
Friday, May 9th 2014 - 02:18 UTC
Falklands' governor interview triggers immediate reaction from Argentina

Falklands Island's' newly inaugurated governor Colin Roberts phone interview with a Buenos Aires media website released this week has had a great impact in Argentina and as it could be expected received an immediate reply from Hector Timerman's Foreign Affairs ministry, which undoubtedly read every line and every word of the transcript.
Thursday, May 8th 2014 - 04:57 UTC
Repsol sells YPF stake for 1.25bn dollars to Morgan Stanley; keeps 0.5% share

Spain's Repsol oil and gas company says it has sold an 11.86% stake it owned in Argentina's YPF energy company to Morgan Stanley for 900 million Euros (1.25 billion dollars), effectively leaving it without a stake in a company it once controlled.
Thursday, May 8th 2014 - 04:50 UTC
“The open veins of Latin America” is a boring undocumented book, admits his author

Uruguayan author Eduardo Galeano said in an interview published on the Argentine newspaper Perfil.com that he considers his 1971 book “The Open Veins of Latin America”, by far his best-known work, to be so bad he will no longer read from it during public appearances.
Thursday, May 8th 2014 - 04:44 UTC
“Long hands” mayor apologizes for clutching a reporter's thigh

Bolivia's 'long hands' mayor apologized for this latest temptation caught while clutching the thigh of a television reporter sitting next to him during an official ceremony. Percy Fernandez, 75, is the elected mayor of Santa Cruz de la Sierra, Bolivia largest city and apparently has a 'long hands' and 'forcibly kissing” record.