Venezuela's proposed 2016 government budget is based on an estimate of $40 per barrel for the OPEC nation's oil exports, Finance Minister Rodolfo Marco said in a presentation to congress on Tuesday.
Mario Blejer a world renowned economist and advisor to the Bank of England, was mentioned as the possible next Argentine ambassador in London, if incumbent presidential candidate Daniel Scioli, as public opinion polls indicate, is confirmed in Sunday's election as the man who will take over from Cristina Fernández next December.
The US dollar in Argentina ended trading on Monday at 9.51 Pesos in banks and foreign exchange agencies while the parallel exchange rate or 'blue' continued to grow and ended 17 cents higher at 16.11 Pesos in underground houses, hitting a new record high.
The Falkland Islands celebrated on Saturday 10 October cultural diversity day with a series of events starting in the morning and going on until the early hours of the next day. This was the second event organized on the back of an initiative by MLA Barry Elsby who has responsibility for culture within his portfolio to demonstrate how diverse Falklands culture is.
The Antarctic Ocean Alliance (AOA) called on the 25 member countries gathering on Monday for the annual meeting of the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) to finally agree on lasting and significant Southern Ocean protection.
The Malvinas Forum, chapter Uruguay, which supports Argentina's sovereignty claim over the Falkland Islands, held a meeting to commemorate the UN General Assembly resolution of 1965, name new authorities and prepare the agenda of activities for next year.
Field staff from the International Association of Antarctic Tour Operations (IAATO) and the Association of Arctic Expedition Cruise Operators (AECO) got together in Toronto last month in the first Polar field staff conference ever held. Seventy-five people attended over the three days representing 24 IAATO/AECO members, three governments, three universities and the World Wildlife Fund.
More than 74 years of continuous Royal Air Force UK search and rescue (SAR) air operations drew to a close this month, as the Service handed over SAR duties to the Maritime & Coastguard Agency and Bristow Helicopters Ltd. SAR operated mostly in the UK, Falkland Islands and Cyprus.
Bristow has added a new hangar and modular offices at Stanley Airport in the Falkland Islands to help improve operational efficiencies for oil and gas commercial services and search and rescue (SAR) support.
The US government has announced new curbs on oil and gas exploration in Arctic waters off Alaska's northern coast. It comes after oil giant Royal Dutch Shell last month stopped its Arctic activity citing “disappointing” tests.