Tens of thousands of workers at Brazil's state-owned Petrobras went on a nationwide 24-hour strike on Friday to protest the oil company's plans to sell 15.1 billion dollars worth of assets by the end of next year to help pay off a debt of about 120 billion dollars.
President Cristina Fernandez underlined the achievements of her government which, she said, have set the foundations of 'a bright future ahead for Argentina', and openly sponsored the electoral aspirations of Kirchner family members, during a political rally held in Santa Cruz province, from where the powerful presidential couple that has dominated Argentine politics for the last twelve years emerged in 2002/03.
Economic activity in Argentina has increased 2.2% in May, compared to the same month of 2014, according to the country's stats office, Indec. Compared to April this year, economic activity has grown 0.8%, the Monthly Economic Activity Index revealed.
FIFA has admitted the corruption scandal is putting off new World Cup sponsors and plans to hold a summit with existing backers in August. Secretary-general Jerome Valcke said: The current situation doesn't help to finalize any new agreements.
Brazilian prosecutors presented formal charges on Friday against the chief executive of Latin America's largest engineering firm and other senior executives detained last month in a landmark investigation meant to show that the country's elite are not above the law.
Three Falkland Islands fishing vessels' owner/operators were ordered by the Supreme Court to pay £200.000 security bonds to return to sea while investigations are ongoing on potential anomalies on their catches and species reports. The value of the vessels range between one and 3.5 million pounds.