Argentina's head of the Financial Information Unit (UIF) watchdog, José Sbatella has accused major banks of not just participating, but actively organizing operations to move capital out of the country. The official made reference to ongoing cases involving capital flight against worldwide financial powerhouses HSBC, BNP Paribas and JP Morgan, in an interview published in Página 12.
Just one in five of people in western economies like France, Germany, the UK and the US agree that corporations can be trusted with their global workforce, according to a new poll commissioned by International Trade Union Confederation.
The Argentine ambassador in the UK, Alicia Castro, was one of the main speakers invited to an event yesterday which included the discussions “another world is possible” and “against foreign intervention in Latin America”. Dozens of activists from across the UK expressed their support for a range of Latin American causes.
Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands.
Environmental groups and organizations are lobbying to derail Royal Dutch Shell PLC's plan to drill in the Arctic Ocean as soon as July. The Bureau of Ocean Energy Management, an agency within the U.S. Department of the Interior, gave conditional approval in May to Shell's resumption of fossil fuel exploration in the Arctic, which was paused after a mishap-filled 2012 season.
The British embassy in Santiago participated in Chile's annual National Heritage Day, enabling hundreds to visit the official Residence and at the same time launched a month of activities to commemorate the 800th anniversary of the sealing of the Magna Carta on 15 June 1215.
The fishing industry in Punta Arenas, extreme south of Chile, is going through a serious recession --30% fall in landings-- which is not only impacting the activity of the four main companies, with lesser jobs, but also port operations and the price of freight as volumes are smaller, warned this week Enrique Gutierrez, General Manager of Pesca Chile.
With many of the earth’s ecosystems nearing “critical tipping points,” the United Nations invited each of the seven billion people on the planet to mark this year’s World Environment Day by making one change towards a more responsible consumption of resources – “be it refusing to buy single-use plastic bags or riding a bike to work.”
We join the rest of the world to celebrate World Environment Day from glorious Punta del Este, Uruguay, where we are currently meeting at the 12th Conference of the Contracting Parties to the Ramsar Convention on Wetlands. The Contracting Parties have gathered and are very hard at work, to define a new Strategic Plan that will guide our commitment to conserve and wisely use the world’s wetlands, over the next six years from 2016 to 2021.
The US economy added 280,000 jobs in May, the US Labor Department has said. The increase was more than analysts had expected and the biggest this year and was described as encouraging.