Ecuadorian state-owned energy firm Petroamazonas EP, which is looking to boost production at nine of its existing oil fields and on Monday signed a series of investment deals amounting to US$ 1 billion for those areas, enlisting the help of both domestic and foreign companies.
Alfredo Hawit entered a guilty plea to four counts of corruption including racketeering, wire fraud and obstructing justice. The former vice president of FIFA and former interim CONCACAF president could face a maximum of 20 years in prison on each count of corruption. The 64-year-old Hawit must also forfeit US$ 950,000 to United States Department of Justice when he is sentenced.
Germany’s federal anti-trust office has approved plans to stop any single buyer from winning all the live television rights for Bundesliga soccer matches for the four seasons starting in 2017.
Almost 30% more cruise visitors landed in Punta Arenas, extreme south of Chile, during the current 2015/16 season which is coming to an end. According to Chile's maritime migration officers, 109.746 cruise passengers and crew members were recorded, which represents a 29% compared to the previous season. The primary report was released by La Prensa Austral.
The first reactions to the announced Mercosur-European trade deal and exchange of proposals next week have surfaced. The Ulster Farmers’ Union president, Ian Marshall, says the European Union trade deal on offer to Mercosur countries is an ‘unacceptable risk’ to the livelihoods of farmers in Northern Ireland.
Career diplomat Maria Teresa Kralikas has been nominated head of the Malvinas Islands Under Secretary in the Argentine Foreign Ministry. Ms Kralikas is a lawyer and until now was one of the ministry's Under Secretariats.
Great day of the British Overseas Territory of St Helena: the first jet aircraft landed at the recently concluded airport in the island located in the middle of the Atlantic Ocean. The business jet was chartered by Air Safety Support International (ASSI) to bring its team of five personnel to St Helena to assess St Helena Airport.
By Juan Carlos Varela (*) - The following was published by The New York Times in The Opinion Pages. DESPITE their name, the Panama Papers are not mainly about Panama. They are not even primarily concerned with Panamanian companies. The more than 11 million documents, illegally hacked and released last week relating to previously undisclosed “offshore” corporations, is roiling the world with revelations of the vulnerability for rampant abuse of legal financial structures by the wealthy.
Brazil's vice president called for a government of national unity in a message that was released on Monday apparently by mistake, further complicating the political crisis and impeachment process against President Dilma Rousseff.
Supporters of former President Cristina Fernandez gave her a hero's welcome Monday night at a Buenos Aires metropolitan airport before she faces a court over her possible role in an alleged scheme to manipulate Argentina's currency.