Chile’s government has temporarily banned the consumption of sardines in the south of the country after hundreds of thousands of dead fish turned up floating along the shores of Queule River.
Argentina's Ministry of Agro-Industry has slapped the maximum fine to a Chilean fishing company, firm Empresas de Desarrollo Pesquero de Chile SA (Emdepes SA), a Chilean subsidiary of the Japanese group Nissui for illegal fishing activities in 2014 in Argentina's EEZ, close to the Falkland Islands.
Peabody Energy, the world's largest privately-owned coal miner, has filed for bankruptcy protection in the US after a sharp fall in coal prices left it unable to repay its debts. The firm said the move was aimed at reducing debt and that all its mines and offices would continue to operate.
The United States Court of Appeals paved the way on Wednesday for Argentina to raise billions of dollars to pay a group of hedge funds, bringing it one step closer to re-entering international markets for the first time in 15 years. In a ruling from the bench, three judges on the court of appeals upheld a ruling by Judge Thomas Griesa of District Court in Manhattan to lift an injunction that had barred Argentina from paying its creditors and eventually led the country to default in 2014.
President Dilma Rousseff pledged on Wednesday to form a government of national unity if she survives an impeachment vote in Congress this weekend, but the odds of became steeper as allies continued to desert her. In effect a stream of defections from Rousseff's coalition makes it increasingly likely she will lose Sunday's ballot in the Lower House of Congress.
Argentine ex president Cristina Fernández addressed thousands of militants that rallied outside Buenos Aires City main courthouse building where earlier in the day she testifies on the dollar future probe conducted by a Federal Judge.